EHang Holdings 향후 성장
Future 기준 점검 5/6
EHang Holdings (는) 각각 연간 63.3% 및 34% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 63.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.6% 로 예상됩니다.
핵심 정보
63.3%
이익 성장률
63.73%
EPS 성장률
| Aerospace & Defense 이익 성장 | 18.7% |
| 매출 성장률 | 34.0% |
| 향후 자기자본이익률 | 12.57% |
| 애널리스트 커버리지 | Good |
| 마지막 업데이트 | 09 Jun 2026 |
최근 향후 성장 업데이트
Recent updates
내러티브 업데이트 • Jun 04
EH: Delayed Commercial Approvals Will Set Up Longer Term Upside Potential
Analysts have adjusted their fair value estimate for EHang Holdings slightly higher to about $11.20 per share, with price target revisions reflecting updated expectations for eVTOL commercialization timelines, shipment volumes, and profitability. Analyst Commentary Recent research updates around EHang highlight a shift toward more cautious expectations, with some bearish analysts trimming price targets and reassessing revenue and shipment assumptions.Seeking Alpha • May 19
EHang: From Bleeding On Paper To Thriving In Reality
Summary EHang Holdings Limited earns a Buy rating as it expands eVTOL operations globally, including first passenger flights in Mexico and regulatory progress in Thailand. EH’s Yunfu facility enables the production of 1,000 eVTOLs annually, with commercialization in China and a presence in 21 countries supporting future demand consolidation. FY2025 revenue grew 11.7% YoY to RMB 509.5M, with gross margin at 61.5% and management guiding 18% revenue growth for FY2026. Share-based compensation remains a key risk, diluting earnings and contributing to a negative consensus FY2026 EPS, but commercialization offers significant upside potential. Read the full article on Seeking Alpha내러티브 업데이트 • May 18
EH: Q4 Beat And Revised Delivery Outlook Will Support Future Upside Potential
Analysts have trimmed their average price target on EHang Holdings to $16 from $17, reflecting updated eVTOL delivery volume forecasts for 2026 and 2027, even after factoring in the recent Q4 results beat. Analyst Commentary Recent Street research shows that some bearish analysts are focusing less on the Q4 beat and more on the reset in EHang Holdings' medium term growth assumptions.
내러티브 업데이트 • Apr 24
EH: Q4 Beat And Reset Deliveries Will Support Long-Term Low Altitude Upside
Analysts trimmed their 12 month price target on EHang Holdings to $16 from $17, reflecting updated eVTOL delivery volume assumptions even after Q4 results that were described as a beat. Analyst Commentary Analysts are reassessing EHang's risk and reward profile after the updated eVTOL delivery guidance, with views divided between those focused on the Q4 beat and those more focused on reduced volume expectations.내러티브 업데이트 • Apr 08
EH: Q4 Beat And Updated Deliveries Will Support Long-Term Low Altitude Upside
Analysts trimmed their price target on EHang to $16 from $17, reflecting updated volume expectations that take into account recent Q4 results and revised eVTOL delivery guidance. Analyst Commentary Recent research points to a mixed view on EHang, with the new US$16 price target reflecting both confidence in long term potential and a reassessment of how quickly that potential might translate into deliveries and revenue.내러티브 업데이트 • Mar 25
EH: Q4 Beat And Reset Delivery Outlook Will Support Long-Term Low Altitude Upside
Analysts have trimmed their price target on EHang Holdings to about $20 from roughly $22, citing updated eVTOL delivery expectations that reduced longer term volume forecasts, even after factoring in a Q4 results beat. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the Q4 results beat is a support point for their fundamental view, even with a lower price target of $16, as it shows the company can outperform near term expectations.내러티브 업데이트 • Mar 10
EH: Trial Operations And Aerial Displays Will Support Yet Constrained Commercial Rollout Potential
Analysts have trimmed their fair value estimate for EHang Holdings from $13.12 to $12.71. This reflects updated assumptions around revenue growth, profit margins, discount rate and future P/E expectations.내러티브 업데이트 • Feb 23
EH: Record-Setting Flights And Tourism Routes Will Support Future Low Altitude Upside
Analysts have kept their fair value estimate for EHang Holdings roughly steady at about $22.27 per share, with only small tweaks to inputs such as discount rate, revenue growth, profit margin, and future P/E feeding into the updated price target narrative. What's in the News EHang announced a dual-feature aerial performance for the 2026 China Media Group Spring Festival Gala in Hefei, featuring 16 EH216-S pilotless human-carrying eVTOL aircraft and a drone light show using 22,580 GHOSTDRONE 4.0 units.내러티브 업데이트 • Feb 09
EH: Slower Regulatory Path Will Still Support Future Global Low Altitude Upside
Narrative Update Analysts trimmed their fair value estimate for EHang Holdings slightly to about $22.27 from $22.45, citing a more gradual commercialization timeline and slower than expected regulatory progress in electric vertical take-off and landing aircraft. Analyst Commentary Recent commentary around EHang Holdings centers on how fast the company can move from testing and pilot programs into broader commercial use, and what that slower than hoped timeline means for valuation and risk.내러티브 업데이트 • Jan 26
EH: Slower Regulatory Progress Will Temper Near Term Commercial Rollout Potential
Analysts have cut their price target on EHang Holdings to about US$13 from roughly US$19, reflecting expectations for a slower and more conditional regulatory path. This could mean a more gradual commercialization phase over the next 12 to 24 months.내러티브 업데이트 • Jan 10
EH: Slower Regulatory Progress Will Still Support Future Low Altitude Upside
Analysts have trimmed their price target on EHang Holdings to reflect a relatively flat fair value estimate, along with expectations for a more gradual commercialization phase over the next 12 to 24 months, following recent research pointing to slower regulatory progress in the eVTOL sector and China's low altitude economy plan. Analyst Commentary Bullish and bearish analysts are reacting differently to the latest update on EHang Holdings, and that split view is feeding directly into how they think about valuation, commercialization timing, and execution risk over the next 12 to 24 months.내러티브 업데이트 • Dec 26
EH: Slower Regulatory Path Will Still Drive Long-Term Upside Potential
Analysts modestly lowered their price target on EHang Holdings to $13 from $21, citing a slower than expected regulatory pathway and a more gradual commercialization timeline over the next 12 to 24 months. Analyst Commentary Bullish analysts still view electric vertical take off and landing aircraft as a potential global megatrend and a key pillar of China's emerging low altitude economy, framing EHang as a strategic early mover despite shorter term headwinds.내러티브 업데이트 • Dec 12
EH: Slower Regulatory Path Will Still Drive Future Upside Potential
Analysts have reduced their price target on EHang Holdings from $21 to $13, citing a slower and more conditional regulatory pathway that is likely to delay commercialization over the next 12 to 24 months. Analyst Commentary Analysts view the latest downgrade as a recalibration of expectations rather than a dismissal of EHang Holdings long term potential, with the updated price target reflecting a slower but still meaningful commercialization trajectory.내러티브 업데이트 • Nov 28
EH: Regulatory Progress Will Drive Upside As Global Demand Accelerates
The analyst consensus fair value estimate for EHang Holdings was revised downward from $23.71 to $22.33. Analysts cite a more gradual commercialization timeline and ongoing regulatory challenges affecting near-term growth projections.분석 기사 • Aug 27
Analysts Just Slashed Their EHang Holdings Limited (NASDAQ:EH) EPS Numbers
One thing we could say about the analysts on EHang Holdings Limited ( NASDAQ:EH ) - they aren't optimistic, having just...내러티브 업데이트 • Aug 27
China's Regulatory Milestone Will Unlock Urban Air Mobility Expansion
The significant drop in EHang Holdings’ future P/E ratio alongside a slight reduction in forecast revenue growth indicates lowered expectations for profitability and growth, resulting in the consensus analyst price target decreasing from $27.32 to $25.55. What's in the News EHang revised its 2025 revenue guidance to approximately RMB 500 million and announced a major investment agreement with the Hefei government, establishing a comprehensive VT35 eVTOL product hub with total investment estimated at RMB 1 billion and governmental support valued at RMB 500 million to accelerate R&D, manufacturing, certification, and operations in East China (Key Developments).분석 기사 • Jul 24
Why Investors Shouldn't Be Surprised By EHang Holdings Limited's (NASDAQ:EH) 28% Share Price Surge
EHang Holdings Limited ( NASDAQ:EH ) shareholders would be excited to see that the share price has had a great month...분석 기사 • Jul 01
Is EHang Holdings (NASDAQ:EH) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...분석 기사 • May 11
EHang Holdings Limited (NASDAQ:EH) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
Those holding EHang Holdings Limited ( NASDAQ:EH ) shares would be relieved that the share price has rebounded 28% in...
새로운 내러티브 • Apr 23
eVTOL Production And Certification Will Unlock Global Markets
Production capacity expansion and strategic collaborations promise enhanced performance, increased net margins, and diversified revenue streams.Seeking Alpha • Apr 01
EHang Achieves Significant Regulatory Breakthrough
Summary I award a 'Buy' rating to EHang Holdings Limited due to its positive outlook and attractive valuations. EH's regulatory certifications put it in a good position to capitalize on the growing demand for eVTOLs in China. The company is expected to nearly double its sales in FY25, driven by a strong order pipeline and favorable policy developments. EHang is undervalued based on a peer comparison using the price-to-sales metric. Read the full article on Seeking Alpha분석 기사 • Mar 06
Market Participants Recognise EHang Holdings Limited's (NASDAQ:EH) Revenues Pushing Shares 43% Higher
EHang Holdings Limited ( NASDAQ:EH ) shares have continued their recent momentum with a 43% gain in the last month...Seeking Alpha • Jan 22
EHang: A Leader In The eVTOL With Support From Multiple Governments
Summary I reiterate my 'Strong Buy' rating on EHang Holdings Limited due to a 1208.22% QoQ revenue rebound and significant government support. Government support is crucial for the eVTOL sector, evidenced by EH's regulatory approvals and incentives reducing production costs. The Company's financials are robust, with Q3'24 sales hitting a record 63 units and a 347.8% revenue increase, despite a slight margin decrease. EHang is undervalued with a P/S ratio of 20.42 and projected sales of $1.3 billion by 2026, justifying a 'Strong Buy' rating. Read the full article on Seeking Alpha분석 기사 • Oct 23
Is EHang Holdings Limited (NASDAQ:EH) Potentially Undervalued?
While EHang Holdings Limited ( NASDAQ:EH ) might not have the largest market cap around , it received a lot of...분석 기사 • Oct 05
Why Investors Shouldn't Be Surprised By EHang Holdings Limited's (NASDAQ:EH) 46% Share Price Surge
EHang Holdings Limited ( NASDAQ:EH ) shares have had a really impressive month, gaining 46% after a shaky period...Seeking Alpha • Aug 23
EHang: Solid Q2 Beat As eVTOL Hype Materialized
Summary 2Q results showed strong revenue growth, breaking even on a non-GAAP basis, with surging orders and positive guidance for 3Q. More market entrants in eVTOL are unlikely to have an impact on EHang in the near future. EHang's business is now more sustainable with a healthy balance sheet and a large order backlog. However, the stock may need a strong positive catalyst, such as receiving overseas certification to offset investors' cautious view of China-based assets. Read the full article on Seeking Alpha분석 기사 • Aug 23
A Look At The Intrinsic Value Of EHang Holdings Limited (NASDAQ:EH)
Key Insights Using the 2 Stage Free Cash Flow to Equity, EHang Holdings fair value estimate is US$13.76 With US$14.52...Seeking Alpha • Jun 19
EHang: Investors Underestimate How Much The Chinese Government Wants This
Summary EHang Holdings is now in execution mode, collecting large orders, expanding production, and ramping revenues. The Chinese government wants to push the eVTOL sector to take a leading role, bringing about strategic initiatives, strong subsidies, and introducing first infrastructure projects. Regional actors in China are already supporting EHang with activities such as building vertiports and placing large orders, indicating a promising future. Even though the share price is still widely unresponsive to the progress, the company holds great potential and I reiterate my Strong Buy. Read the full article on Seeking Alpha분석 기사 • May 22
Why Investors Shouldn't Be Surprised By EHang Holdings Limited's (NASDAQ:EH) P/S
When close to half the companies in the Aerospace & Defense industry in the United States have price-to-sales ratios...Seeking Alpha • Apr 24
EHang Seeks Capital Refueling As Its Self-Flying Vehicles Inch Toward Grand Takeoff
Summary EHang said it plans to sell up to $100 million worth of new shares in New York, more than double the amount it raised in its 2019 IPO. The company is getting close to commercializing its self-flying aircraft, including its recent receipt of a regulatory certificate allowing it to mass-produce its flagship product. Given that EHang is seemingly quite close to commercialization, it probably will secure the new funding it needs now without much difficulty. Read the full article on Seeking AlphaSeeking Alpha • Apr 15
EHang: Pioneer In China's eVTOL Industry, Initiating With A Buy
Summary China's eVTOL aircraft market has experienced explosive growth since 2024 driven by supportive policies, certified eVTOL models, and a vast unmet demand. With an 18-24 month lead in eVTOL certification over competitors, EHang is the only certified eVTOL provider in China. In the near term, aerial tourism will serve as a key growth driver, as it faces no regulatory hurdles and minimal requirements for infrastructure. EHang is undervalued compared to its pre-revenue peers, offering a substantial upside for the stock price. Read the full article on Seeking Alpha분석 기사 • Jun 20
EHang Holdings (NASDAQ:EH) Has Debt But No Earnings; Should You Worry?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Seeking Alpha • Oct 12
EHang: New Animal Spirits And The Possible Beginning Of eVTOLs In China
Summary EHang's new valuation after a more than 90% fall from its all-time highs presents an opportunity for a refreshed look at urban air mobility. Management continues to chase certification for their autonomous aerial vehicle system, the EHang 216. The balance sheet seems adequate to support operations through one of the most turbulent capital market conditions in decades. EHang (EH) is a pioneer in many ways with the company going public ahead of a number of its more high-profile competitors including Joby (JOBY), Archer (ACHR), and Vertical Aerospace (EVTL). It is also the only public eVTOL company developing an autonomous aerial vehicle system for the fledgling yet promising concept of urban air mobility. In this, transport becomes truly multimodal with the sky becoming more accessible to people and goods to get to their desired location. The stock market was still gripped by materially bullish animal spirits when I previously covered EHang. The Guangzhou, China-based company like many other broadly pre-revenue stocks chasing fringe industries with no clear total addressable market was hitting new highs. It was clear then that this would be unsustainable and I described the valuation as being built on FOMO and hype. Its previous rapacious animal spirits have all but moderated as the company continues to develop its EHang 216 and chase certification. Urban air mobility rightfully has its sceptics. For many bearish on the industry, it is just truly too much of a divergence from the current status quo to ever become a reality in the way that would support the stock prices of its participants. This is against widely optimistic forecasts from Joby that UAM will be a $500 billion addressable market in the United States and a global addressable market just north of $1 trillion. A trifecta of issues from population growth, inadequate public transit infrastructure, and increasing ground traffic is driving interest in the new mode of transport. Single-rotor helicopters for urban transport have existed for decades but their overall uptake has been limited due to the high cost, extreme noise pollution, and high-profile crashes including the 1977 Pan Am building helicopter accident. eVTOLs hold the potential to be safer, cleaner, faster, and quieter to run than existing fossil fuel-based UAM solutions. Indeed, more limited moving parts due to the aircraft being electric would make maintenance easier and overall operating costs cheaper. When you include the autonomous aspect of the EHang 216, then future customers would be able to realize significantly lower running costs. This underpins the long investment in EHang. If certified, the company's technology holds the potential to materially ramp the total addressable market being chased. Progress On Certification With A Revenue Ramp In View EHang last reported earnings for its fiscal 2022 second quarter which saw revenue come in at $2.2 million, a 16% increase from the year-ago quarter with gross margin coming in at 67.1% and operating losses at $11.1 million. The financials place the company in the broadly still near-zero revenue category as sales for its EHang 216 is still somewhat pending. The EHang 216 is undergoing certification in its native country with the Civil Aviation Administration of China. The Chinese government is keen to promote home-grown technology and maintain its strong position in the broader drone industry. Shenzhen-based DJI, for example, is a leader in the consumer drone space. eVTOLs presents a large and potentially profitable export sector that EHang wants to dominate. Trial flights are already being conducted in a number of countries including Japan and Indonesia. Whilst eventual certification would present a catalyst that could drive shares higher, there is no clear timeline as to when this will happen. Management during the second quarter earnings call stated that they continue to conduct internal tests to reflect the airworthiness standards for the demonstration of compliance. And that the CAAC and Guangdong provincial government recently launched a strategic corporation framework for civil aviation development that emphasizes the speeding up and development of the aviation manufacturing industry.Seeking Alpha • Aug 18
EHang Non-GAAP EPADS of -$0.14, revenue of $2.2M
EHang press release (NASDAQ:EH): Q2 Non-GAAP EPADS of -$0.14. Revenue of $2.2M (+15.8% Y/Y). "We expect signs of business recovery in the second half year as we are actively adapting to the macro environment, continuing to move forward on EHang 216 certification, securing more product orders, and expanding our regional aerial media business in the Europe market. We remain confident in our growth potentials and long-term outlook given our core values and unique advantages."이익 및 매출 성장 예측
| 날짜 | 매출 | 이익 | 자유현금흐름 | 영업현금흐름 | 평균 애널리스트 수 |
|---|---|---|---|---|---|
| 12/31/2028 | 1,566 | 467 | 366 | N/A | 7 |
| 12/31/2027 | 1,086 | 176 | 137 | N/A | 10 |
| 12/31/2026 | 600 | -198 | -174 | N/A | 8 |
| 3/31/2026 | 418 | -324 | N/A | N/A | N/A |
| 12/31/2025 | 418 | -276 | -340 | -180 | N/A |
| 9/30/2025 | 430 | -288 | N/A | N/A | N/A |
| 6/30/2025 | 466 | -254 | N/A | N/A | N/A |
| 3/31/2025 | 421 | -245 | N/A | N/A | N/A |
| 12/31/2024 | 456 | -230 | 118 | 158 | N/A |
| 9/30/2024 | 348 | -255 | N/A | N/A | N/A |
| 6/30/2024 | 249 | -274 | N/A | N/A | N/A |
| 3/31/2024 | 157 | -278 | N/A | N/A | N/A |
| 12/31/2023 | 117 | -302 | -97 | -88 | N/A |
| 9/30/2023 | 77 | -339 | N/A | N/A | N/A |
| 6/30/2023 | 56 | -348 | N/A | N/A | N/A |
| 3/31/2023 | 61 | -346 | N/A | N/A | N/A |
| 12/31/2022 | 44 | -328 | -187 | -173 | N/A |
| 9/30/2022 | 37 | -324 | N/A | N/A | N/A |
| 6/30/2022 | 42 | -320 | N/A | N/A | N/A |
| 3/31/2022 | 40 | -320 | N/A | N/A | N/A |
| 12/31/2021 | 57 | -314 | -137 | -122 | N/A |
| 9/30/2021 | 103 | -258 | N/A | N/A | N/A |
| 6/30/2021 | 161 | -186 | -141 | -121 | N/A |
| 3/31/2021 | 184 | -130 | -124 | -106 | N/A |
| 12/31/2020 | 180 | -88 | -161 | -152 | N/A |
| 9/30/2020 | 180 | -54 | N/A | N/A | N/A |
| 6/30/2020 | 144 | -75 | -94 | -89 | N/A |
| 3/31/2020 | 130 | -73 | -69 | -66 | N/A |
| 12/31/2019 | 122 | -76 | N/A | -56 | N/A |
| 9/30/2019 | 78 | -87 | N/A | -77 | N/A |
| 6/30/2019 | 61 | -90 | N/A | -54 | N/A |
| 3/31/2019 | 58 | -87 | N/A | -47 | N/A |
| 12/31/2018 | 66 | -79 | N/A | -43 | N/A |
| 12/31/2017 | 32 | -95 | N/A | -38 | N/A |
애널리스트 향후 성장 전망
수입 대 저축률: EH 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.5%)보다 빠른 성장으로 간주됩니다.
수익 vs 시장: EH (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.
고성장 수익: EH 향후 3년 내에 수익을 낼 것으로 예상됩니다.
수익 대 시장: EH 의 수익(연간 34%)이 US 시장(연간 11.9%)보다 빠르게 성장할 것으로 예상됩니다.
고성장 매출: EH 의 수익(연간 34%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.
주당순이익 성장 예측
향후 자기자본이익률
미래 ROE: EH의 자본 수익률은 3년 후 12.6%로 낮을 것으로 예상됩니다.
성장 기업 찾아보기
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/06/09 05:20 |
| 종가 | 2026/06/09 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
|
| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
|
* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
분석 모델 및 스노우플레이크
이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.
Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.
산업 및 섹터 지표
산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.
분석가 소스
EHang Holdings Limited는 19명의 분석가가 다루고 있습니다. 이 중 10명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| Fuyin Liang | BofA Global Research |
| Yiming Wang | China Renaissance Securities |
| Xiang Qiu | Citic Securities Co., Ltd. |