EVGO: While Everyone Chases SpaceX Hype, This Golden Stock Is Sitting Right There (EVGO DD Part 1)

You’re scrolling WSB. SPCE is back in your feed. Again. SpaceX IPO chatter is everywhere. Oil headlines are getting louder. AI bubble talk is nonstop. Then there’s EVGO. A boring-looking $2-ish EV charging stock that might actually have a cleaner setup than half the names getting pumped right now. # This is Part 1 of a DD series I’m putting together. Part 1: Why EVGO is on my radar. Part 2: Earnings, oil/gas prices, and what could actually move the stock. Part 3: The shorts and options setup. \---------------- EVGO is sitting in a weird spot. https://preview.redd.it/hmg3g5276d5h1.png?width=539&format=png&auto=webp&s=4f8ae374e86864b33d94853569f593cf7c8cbde1 The stock has been punished. The market does not love EV charging names right now. The EV trade got cold. Shorts piled in. Retail mostly moved on. **But the company itself is not dead.** Actually, the last earnings report was pretty interesting. \- Q1 revenue came in around **$110M**. \- That was up about **45%** year over year. \- Charging-network revenue was around $56M, up about **18%**. \- Network throughput hit 91 GWh, up about **10%**. \- Stalls in operation were up about **25%**. **That is not a dead company.** That is a growing company with an ugly stock chart. # And that is exactly why I’m watching it. **1. EVGO has real revenue growth** This is the first thing that matters to me. A lot of meme names are pure hype. No real revenue. No real product. No real reason for anyone to care after the first spike. EVGO is different. It has real charging stations. Real customers. Real revenue. Real network growth. However, It is not profitable yet, which matters, but revenue is moving in the right direction..... This is not me saying EVGO is a perfect business. It is not, and the market is tough. But if shorts are betting that this thing is **trash...** https://i.redd.it/6kozdww86d5h1.gif The revenue growth begs to differ! My positions : EVGO $3C 6/18 x15 EVGO $2C 6/18 x1 EVGO $5C 8/21 x4 EVGO $2C 1/2027 x4 **Part 2 will cover the Earnings, oil/gas prices, and what could actually move the stock.** That is the part I think gets really interesting.