What EHang Holdings (EH)'s Q3 Loss and eVTOL Milestones Mean for Shareholders

• EHang Holdings Limited recently reported its third quarter 2025 results, showing sales of CNY 92.47 million, an increase in net loss to CNY 82.16 million, and maintained annual revenue guidance of approximately RMB 500 million despite short-term challenges.
• The company has made significant progress in global urban air mobility with successful human-carrying eVTOL demonstration flights in Thailand and Qatar, the introduction of the next-generation VT35, and advancing regulatory acceptance in key international markets.
• We'll examine how EHang's global pilotless eVTOL deployments and new aircraft launch may influence the company's investment narrative and growth outlook.

Rare earth metals are an input to most high-tech devices, military and defence systems and electric vehicles. The global race is on to secure supply of these critical minerals. Beat the pack to uncover the 35 best rare earth metal stocks of the very few that mine this essential strategic resource.

EHang Holdings Investment Narrative Recap

To be a shareholder in EHang Holdings, you need to believe in the long-term promise of autonomous urban air mobility, with the company’s global eVTOL deployments and regulatory advances as critical milestones. The latest quarterly results, with revenue down and net losses widened, do not materially affect the key short-term catalyst: commercial launch and regulatory progress for passenger-carrying pilotless eVTOLs. However, persistent losses continue to highlight the main risk: ongoing operating expenses outpacing potential revenue gains if commercial adoption is delayed.

Among the recent announcements, EHang’s successful human-carrying demonstration flights in Thailand stand out. These trial operations directly align with the company’s push for regulatory approval and market readiness, factors at the center of its near-term growth narrative. Demonstrating real-world capability and regulatory cooperation internationally underpins both product validation and perceived pathway to future commercial revenue. Despite these promising signs, investors should be aware that risks tied to sustained losses and execution remain, for example, if revenue scale-up lags behind expense growth, ...

Read the full narrative on EHang Holdings (it's free!)

EHang Holdings' outlook forecasts CN¥2.0 billion in revenue and CN¥314.3 million in earnings by 2028. This implies a 63.4% annual revenue growth rate and a CN¥568.1 million earnings increase from current earnings of CN¥-253.8 million.

Uncover how EHang Holdings' forecasts yield a $22.33 fair value, a 57% upside to its current price.

Exploring Other Perspectives

Fourteen individual fair value estimates from the Simply Wall St Community range from CN¥4.95 to CN¥295.88 per share. While many see upside, the company’s accelerating operating losses could weigh on expectations if commercial growth does not keep pace, so explore what drives such widely different viewpoints.

Explore 14 other fair value estimates on EHang Holdings - why the stock might be a potential multi-bagger!

Build Your Own EHang Holdings Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your EHang Holdings research is our analysis highlighting 1 key reward that could impact your investment decision.
• Our free EHang Holdings research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate EHang Holdings' overall financial health at a glance.

Want Some Alternatives?

Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay:

• The end of cancer? These 29 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.
• AI is about to change healthcare. These 30 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com