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EVgo reports Q1 2026 revenue up 45% with record $110M, expands charging network and amends DOE loan.

Company Fundamentals
05 May 2026
GlobeNewsWire
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Bullish
pluang ai news

EVgo Inc. announced a 45% year-over-year revenue increase to $110 million in Q1 2026, driven by growth in its electric vehicle charging network. The company expanded its network to 5,280 stalls, added over 86,000 new customer accounts, and increased network throughput by 10%. EVgo also amended its Department of Energy loan to $750 million to support further scaling and infrastructure development. The company reaffirmed its full-year 2026 revenue guidance of $410-$470 million and expects strong non-charging revenue in Q1 and Q4.

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Solaris Energy Infrastructure rated Buy with $97 target, boosted by growth and S&P SmallCap 600 inclusion.

Solaris Energy Infrastructure rated Buy with $97 target, boosted by growth and S&P SmallCap 600 inclusion.

Solaris Energy Infrastructure (SEI) maintains a Buy rating with a new price target of $97, driven by strong growth from its Power Solutions segment and a 2.2GW contracted capacity with major tech clients. Its upcoming inclusion in the S&P SmallCap 60...

Analyst Insights
Bullish
4 hours ago
XRP AI hits 1M transactions; Bitcoin may reach $500K; Robinhood Chain surpasses Ethereum in volume

XRP AI hits 1M transactions; Bitcoin may reach $500K; Robinhood Chain surpasses Ethereum in volume

XRP Ledger's AI agents have completed over 1 million transactions but with low financial volume, indicating the AI economy is still in early stages. Bitcoin mining veteran Chandler Guo predicts Bitcoin will hit $120,000 within a year and $500,000 in ...

Market News
Bullish
4 hours ago
Argan, Inc. posts 50% revenue growth in Q1 FY27, driven by strong project completions and $2.8B backlog.

Argan, Inc. posts 50% revenue growth in Q1 FY27, driven by strong project completions and $2.8B backlog.

Argan, Inc. reported a strong first quarter for fiscal year 2027 with a 50% increase in revenue, reaching a record $290.9 million. This growth was fueled by multiple project completions and a robust $2.8 billion backlog, supported by rising energy de...

Company Fundamentals
Bullish
4 hours ago
Global X Russell 2000 Covered Call ETF offers high yield but has structural drawbacks limiting long-term gains.

Global X Russell 2000 Covered Call ETF offers high yield but has structural drawbacks limiting long-term gains.

The Global X Russell 2000 Covered Call ETF (RYLD) provides a high monthly yield of 11.9% and achieved a 20.5% total return over the past year. However, its strategy involving at-the-money options causes structural net asset value (NAV) erosion and ca...

Analyst Insights
Neutral
4 hours ago
Ethereum uses just 7.87 GWh annually, ranking second-least energy-intensive among proof-of-stake blockchains.

Ethereum uses just 7.87 GWh annually, ranking second-least energy-intensive among proof-of-stake blockchains.

A Cambridge study found Ethereum's annual energy consumption at 7.87 gigawatt-hours, making it the second-least energy-intensive proof-of-stake (PoS) blockchain when adjusted for market value. This marks a significant improvement from its previous pr...

Protocol Fundamentals
Bullish
4 hours ago
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