EVGO Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: EVgo's strategic partnership with Rivian and the $1.05B loan for charging infrastructure are strong bullish catalysts. Increased EV adoption may drive significant user growth, enhancing revenue streams.




Bearish Case: Persistent institutional sell-offs and high volatility suggest bearish sentiment. If competitive pressures rise or revenue growth stalls, significant price declines could occur.




Potential Outcomes:
  • 65% chance of increasing EV adoption boosts usage.
  • 40% risk of more institutional investors selling off shares.
  • 70% probability of higher throughput leading to revenue growth.
  • 50% chance margin pressures negatively impact margins.
  • 60% chance collaborative efforts with Rivian escalate adoption.




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November 14, 2024










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ON Forecast + Options Trading Strategies   ON  ON Semiconductor (-0.01)


EMR Forecast + Options Trading Strategies   EMR  Emerson Electric (0.01)


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Anticorrelated Assets

Assets that tend to move strongly against EVGO



SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (-0.76)


FDMT Forecast + Options Trading Strategies   FDMT  4D Molecular Therapeutics (-0.78)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.78)


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.79)


BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (-0.83)









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