Is EVgo Inc. (NASDAQ:EVGO) the Top Penny Stock According to Analysts?

Reported about 23 hours ago

Analysts have ranked EVgo Inc. (NASDAQ:EVGO) as one of the most promising penny stocks, with an average upside potential of 139.85%. The company's robust growth includes a significant revenue increase of 110% year-over-year in its Public Charging Network, attributed to the rising number of electric vehicle users. EVgo plans to expand its operations further by adding up to 900 new charging stalls in 2025. Despite the positive outlook, there are risks associated with market uncertainties that could impact investors' decisions.

Source: YAHOO

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