EVgo, Inc. (NASDAQ:EVGO) Analysts Are Pretty Bullish On The Stock After Recent Results
EVgo, Inc. (NASDAQ:EVGO) Analysts Are Pretty Bullish On The Stock After Recent Results
A week ago, EVgo, Inc. (NASDAQ:EVGO) came out with a strong set of quarterly numbers that could potentially lead to a re-rate of the stock. The results overall were credible, with revenues of US$67m beating expectations by 12%. Statutory losses were US$0.10 per share, 14% below what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.
EVgo, Inc. (NASDAQ:EVGO)上週發佈了強勁的季度業績數字,這可能導致這隻股票的重新定價。總的來說,業績結果可靠,營業收入爲6700萬美元,超出預期12%。按法定計算,虧損0.10美元/股,比分析師預期低14%。發佈業績後,分析師們已更新其盈利模型,想知道他們是否認爲公司前景發生了重大變化,還是照常運營。因此,我們收集了最新的盈利法定共識估計,看看明年可能會發生什麼。
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Taking into account the latest results, the consensus forecast from EVgo's twelve analysts is for revenues of US$255.0m in 2024. This reflects a huge 23% improvement in revenue compared to the last 12 months. Per-share losses are supposed to see a sharp uptick, reaching US$0.45. Yet prior to the latest earnings, the analysts had been forecasting revenues of US$248.2m and losses of US$0.43 per share in 2024. So it's pretty clear consensus is mixed on EVgo after the new consensus numbers; while the analysts lifted revenue numbers, they also administered a moderate increase in per-share loss expectations.
考慮到最新的業績,EVgo的十二名分析師的共識預測是,2024年營業收入將爲2億5500萬美元,這相對於過去12個月的營收增長了23%。每股虧損預計會大幅上漲,達到0.45美元。然而,在最新的業績發佈之前,分析師們曾預計2024年的營業收入爲2億4820萬美元,每股虧損爲0.43美元。因此,很明顯,共識對EVgo持觀望態度。儘管分析師們提高了營收預期,但他們還是對每股虧損預期進行了適度的上調。
The average price target rose 8.3% to US$4.54, even thoughthe analysts have been updating their forecasts to show higher revenues and higher forecast losses. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on EVgo, with the most bullish analyst valuing it at US$7.00 and the most bearish at US$2.00 per share. So we wouldn't be assigning too much credibility to analyst price targets in this case, because there are clearly some widely different views on what kind of performance this business can generate. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates.
平均目標價上漲了8.3%,至4.54美元,儘管分析師們一直在更新他們的預測,顯示營收和預期虧損將更高。評估分析師估計的範圍,以評估離群觀點與平均觀點有多不同,這也可能是有益的。EVgo存在一些不同的看法,最看好的分析師將其估價爲每股7.00美元,而最看淡的分析師將其估價爲每股2.00美元。因此,在這種情況下,我們不會假設分析師的目標價具有太多可信度,因爲對於這家公司可能產生的表現有着明顯不同的看法。因此,根據共識目標價做出決策可能並不是一個好主意,因爲這只是這些廣泛估計的平均值。
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the EVgo's past performance and to peers in the same industry. It's pretty clear that there is an expectation that EVgo's revenue growth will slow down substantially, with revenues to the end of 2024 expected to display 52% growth on an annualised basis. This is compared to a historical growth rate of 81% over the past three years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.8% annually. So it's pretty clear that, while EVgo's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.
這些預測非常有趣,但是,當比較預測與EVgo過去的表現以及同行業內的同行的表現時,繪製更廣泛的線條可能會更有用。很明顯,人們期望EVgo的營業收入增長將大幅放緩,預計到2024年年底,營業收入將以年率52%的速度增長。與過去三年81%的歷史增長率相比。作爲比較,該行業中其他具有分析師覆蓋的公司的營收預測都將以年均4.8%的速度增長。因此,雖然人們預計EVgo的營業收入增長將放緩,但仍然預計比行業本身增長更快。
The Bottom Line
最重要的事情是分析師增加了它對下一年每股虧損的估計。令人欣慰的是,營收預測未發生重大變化,業務仍有望比整個行業增長更快。共識價格目標穩定在28.50美元,最新估計不足以對價格目標產生影響。
The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at EVgo. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
最重要的是要注意下一年虧損預測有所增加,這表明EVgo可能存在問題。令人高興的是,他們還升級了其營收預測,他們的預測表明,公司的業務預計增長速度將超過整個 行業。我們注意到價格目標的提升,表明分析師認爲公司的內在價值有可能隨着時間的推移而得到提高。
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple EVgo analysts - going out to 2026, and you can see them free on our platform here.
繼續這一思路,我們認爲公司的長期前景比明年的盈利更加相關。我們有多位EVgo分析師的預測,包括到2026年的預測,可以在我們的平台上免費查看。
However, before you get too enthused, we've discovered 2 warning signs for EVgo that you should be aware of.
然而,在你變得太興奮之前,我們注意到了兩個有關EVgo的警告信號,你應該注意。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。