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EHang Holdings LimitedNasdaqGM:EH Stok Raporu

Piyasa Değeri US$666.8m
Hisse Fiyatı
US$9.45
US$19
50.3% değerinin altında içsel indirim
1Y-45.5%
7D-3.6%
1D
Portföy Değeri
Görünüm

EHang Holdings Limited

NasdaqGM:EH Stok Raporu

Piyasa değeri: US$666.8m

EHang Holdings (EH) Hisse Özeti

EHang Holdings Limited, Çin Halk Cumhuriyeti, Doğu Asya, Batı Asya, Kuzey Amerika, Güney Amerika, Batı Afrika ve Avrupa'da kentsel hava hareketliliği (UAM) teknoloji platformu şirketi olarak faaliyet göstermektedir. Daha fazla detay

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Risk kontrollerimizden EH için herhangi bir risk tespit edilmedi.

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EHang Holdings Limited Rakipler

Fiyat Geçmişi ve Performans

Hisse fiyatlarındaki yükseliş, düşüş ve değişimlerin özeti EHang Holdings
Tarihsel hisse senedi fiyatları
Güncel Hisse FiyatıUS$9.45
52 Haftanın En Yüksek SeviyesiUS$20.45
52 Haftanın En Düşük SeviyesiUS$9.04
Beta1.13
1 Aylık Değişim-12.34%
3 Aylık Değişim-22.54%
1 Yıllık Değişim-45.50%
3 Yıllık Değişim-8.70%
5 Yıllık Değişim-63.46%
Halka arzdan bu yana değişim-24.34%

Son Haberler & Güncellemeler

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 Alpha
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.

Recent updates

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 Alpha
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Anlatı Güncellemesi 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.
Analiz Makalesi 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...
Anlatı Güncellemesi 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).
Analiz Makalesi 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...
Analiz Makalesi 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...
Analiz Makalesi 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...
User avatar
Yeni Anlatı 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 Alpha
Analiz Makalesi 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 Alpha
Analiz Makalesi 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...
Analiz Makalesi 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 Alpha
Analiz Makalesi 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 Alpha
Analiz Makalesi 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 Alpha
Seeking 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 Alpha
Analiz Makalesi 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."
Seeking Alpha Jul 13

EHang Holdings: Winning The Race To Commercialization

EHang Holdings has an aircraft, it has sales, and it is close to getting certification.  It may well be the first operational eVTOL company. Wolfpack Research issued a short-seller report that hit the company's share price hard.  They allege that EHang is not a company, merely a stock-manipulation operation. Impending certification, a growing order book, and a low share price due to the short seller attack give the potential for a significant EHang price increase, perhaps hundreds of percent. EHang Holdings Limited (EH) is arguably the world's foremost eVTOL company. It was the first to go public when it was listed on the NASDAQ in 2019 and has completed more flights than any competitor. It remains the only eVTOL to have sold any aircraft (more than 100). Earlier this year, EH became the first to be granted special-conditions approval from a regulator. EHang expects to receive complete type certification for its autonomous aircraft next quarter and to begin commercial operations this year. This is the third article I have written on eVTOL companies. I believe the market for this product is going to be huge, and that some of the companies involved are going to bestow outsized returns on investors. Below you can see some of my research as I look at each company in turn and make a decision on investing. eVTOL companies COmparison (Author) I first wrote about Joby (JOBY) and recommended buying. My second article, about Archer (ACHR), was very bearish. I do intend to complete this series of articles writing about the remaining eVTOL companies. In this third article, I am recommending buying EHang. EHang stock is cheap I think EHang is significantly undervalued, I give it a fair value of $30 per share against a current price of $8.31 (13th July). I will look at why I think it is so cheap and then explain my fair value calculation. Fair Value EHang shares (USD) (Author Model) In February 2021, Wolfpack Research released a short-seller report claiming that EHang: is an elaborate stock promotion, built on largely fabricated revenues based on sham sales contracts... EH has perpetuated its story with a collection of lies about its products, manufacturing, revenues, partnerships, and potential regulatory approval of its purported main business, an “autonomous” aerial vehicle It used expert witness testimony to denigrate the EHang aircraft saying they were using hobby drone engines, were poorly made, and without autonomous capability. The stock fell 60% on the report's publication and has never recovered. I believe that the Wolfpack document is full of biased and misleading commentary, untruths, and unsupported accusations that do not stand up to scrutiny. As a result of the short-seller attack, EHang shares are trading at a considerable discount just as the company is moving into its rapid growth phase. I believe EH is a bargain not to be missed. The Aircraft EHang is developing two aircraft, the multicopter EH-216 available in three variations, and the tilt and thrust VT-30. Both planes are autonomous two-seaters and have multiple pre-orders in place. The VT-30 has wings and uses tilting rotors that provide both lift and thrust, it has a much longer range than the EH-216 and is aimed at the air taxi market. EHang 216 in flight (TNNThailand) EHang VT30 (EHang website) In February, EHang received special conditions approval from CAAC, which clears the way for the CAAC to issue type certification for the 216S. EHang is expecting type certification next quarter. If they get it, it will be another world first and justify the more than 40,000 trial flights EHang has operated since 2014. Growing Flight Momentum EHang now benefits from the CAAC (Chinese certification board) special conditions approval, allowing it to carry out operational trial flights during the certification period. As a result, the EH-216 flew more than 4,000 times in practical scenarios in 8 different locations. The EH-216 comes in three variants: The 216S or the standard model for passenger transport The 216L for aerial logistics The 216F for fire fighting (the video is pretty neat). EHang has delivered more than 100 aircraft and has secured large numbers of pre-orders in Asia from companies based in China, Malaysia, Thailand, Japan, and Indonesia. It is the only eVTOL with an autonomous vehicle and is the only one expecting type certification this year. EHang expects a commercially available product towards the end of 2022, several months ahead of Joby, who is next in line. EHang deployed the L and S variants and its Falcon drones in Guandong starting on June 4th to aid the Covid response. They flew multiple contactless relief missions inside the containment zone, perhaps the only company to benefit from the Chinese zero covid-19 policy as they were able to show their products' value and safety profile once again. The Shenzen Express Way Development Company uses all three variants to provide emergency rescue and bridge/road inspection services. The EH216S is operating as a tourist vehicle at several sites, and the current operators plan significant expansion. The Aizhai wonder site is one example. Growing Geographical Momentum China is not the only market moving forward with EHang, in 2018 Japan established a public-funded body to look into air mobility. The body (PPCAMR) has set 2023 as a target date for evtol operations in Japan and, in June, granted the first license of an evtol aircraft to EHang. Since that demonstration flight, EHang has received orders for more than 50 aircraft from two customers in Japan. Indonesia has ordered 100 aircraft and intends to use the EH-216S for tourist sightseeing. This video from the Indonesian tests gives an idea of how the EH-216 will be used for tourism, there are hundreds of such videos available. The Wolfpack Research Report You can read the full report by following the link: EHang: A Stock Promotion Destined to Crash and Burn. Wolfpack alleges that the EH-216 uses hobby-grade motors, is poorly manufactured, and of low quality and that EHang has not invested enough money in research and development to have autonomous flying capability. These allegations were made by a leading expert in the eVTOL market Dr. Mark Moore, a 32-year veteran NASA engineer who also worked for UBER elevate (see P3), and backed up by an employee of Xianxuing, a company that Wolfpack says is involved in this elaborate stock promotion scheme. The report neglects to mention that Dr. Moore is the CEO of Whisper Aero, a direct competitor of EHang that is trying to develop a competitive advantage based on the advanced quality of its engines. His comments are entirely biased. Dr. Moore makes the allegation that EHang uses engines from the Chinese company T-Motor, I am not sure if Dr. Moore has looked at an EH-216 in person (EHang says he has not) or just looked at a photograph, but both EHang and T-Motor have denied this allegation. Dr. Moore's assertion that they have not invested enough to have an autonomous capability may well be his opinion but the EH-216 has flown autonomously in 40 cities spread over 8 countries including the U.S. and Canada. The 216 has never crashed and it flies autonomously; the Wolfpack report is more rumor and opinion than fact. Wolfpack alleges that the primary customer (Kunxiang) is in on the stock promotion scam and is not actually a customer. P6 of the report explains where they got this information. An investigator entered an office in China, where only one employee was present and introduced themselves as prospective buyers of an EHang-216. The employee told them that the EHang-216 was not very good, that they should buy one of his company's drone products, and that Xunxiang had invested some money in EHang. So obviously, that is all true, the product is not good, and Xunxiang is a shareholder. Although Kunxiang does not make any drones, the employee and the office are not identified. EHang has since provided the details of sales to Xunxiang. EHang lists 22 sales, I have tried to find corroborating evidence for these sales. The internet provides plenty, videos from Xunxiang, Articles from newspapers. I was able to verify 6 of the sales listed (using the internet to find a newspaper/video of a flight in the area mentioned). Xunxiang is a real customer and is paying its bills. If Xunxiang does own any shares in EHang, then they own less than 0.06% of the company and are not one of the top 25 shareholders. EHang says it was not a shareholder pre IPO. Not a real Company? P3, Similar to frauds we have exposed in the past EHang's headquarters was practically empty, with no security and no advanced manufacturing equipment. Wolfpack provides some evidence in the form of various photos. Many photographs on p6-9 show EHang parts in storage in some buildings, P12 and 13 photographs of a facility under renovation, and some photographs of unrelated company production lines. We get a photo of what looks like a swimming pool with an EHang logo and some derelict buildings. In truth, the EHang Yunfu production facility is approximately 24,000 square meters in gross floor area. You can see a walk-through video of it here. Having investigated the Wolfpack report, I believe it to be entirely false. However, it is easy to see how Wolfpack arrived at their view. The EHang corporate structure is a big red flag for many EHang is a Cayman-Island registered holding company conducting operations in China through a range of subsidiaries with opaque ownership, and contractual arrangements with related parties. The enforceability of these contracts is hard to understand. Its ADRs are traded in the U.S. and are on the SEC list for possible delisting. It just sounds like it might be a scam, and if you start from that viewpoint, the rest of the report is easier to understand. The 20F annual report Page 4 covers the corporate structure and the risks therein. The quote below gives a flavor of the complexity of the structure.
Analiz Makalesi Jun 15

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...

Hissedar Getirileri

EHUS Aerospace & DefenseUS Pazar
7D-3.6%-0.7%-0.8%
1Y-45.5%29.7%27.1%

Getiri vs. Endüstri: EH geçen yıl % 29.7 oranında getiri sağlayan US Aerospace & Defense sektörünün gerisinde kaldı.

Getiri vs Piyasa: EH geçen yıl % 27.1 oranında getiri sağlayan US Piyasasının altında performans gösterdi.

Fiyat Oynaklığı

Is EH's price volatile compared to industry and market?
EH volatility
EH Average Weekly Movement7.4%
Aerospace & Defense Industry Average Movement9.4%
Market Average Movement7.2%
10% most volatile stocks in US Market16.3%
10% least volatile stocks in US Market3.2%

İstikrarlı Hisse Senedi Fiyatı: EH son 3 ayda US piyasasına kıyasla önemli bir fiyat oynaklığı yaşamadı.

Zaman İçindeki Volatilite: EH 'nin haftalık oynaklığı ( 7% ) son bir yıldır istikrarlı seyretti.

Şirket Hakkında

KurulduÇalışanlarCEOWeb sitesi
2014483Huazhi Huwww.ehang.com

EHang Holdings Limited, Çin Halk Cumhuriyeti, Doğu Asya, Batı Asya, Kuzey Amerika, Güney Amerika, Batı Afrika ve Avrupa'da bir kentsel hava hareketliliği (UAM) teknoloji platformu şirketi olarak faaliyet göstermektedir. Yolcu taşımacılığı, lojistik, akıllı şehir yönetimi ve havadan medya çözümleri dahil olmak üzere çeşitli endüstriler ve uygulamalar için İHA'ların yanı sıra destekleyici sistemler ve altyapılar tasarlar, geliştirir, üretir, satar ve işletir. Şirketin ürün portföyünde EH216 serisi, VT serisi, Falcon B ve GD serisi bulunmaktadır.

EHang Holdings Limited Temel Bilgiler Özeti

EHang Holdings'un kazançları ve gelirleri piyasa değeriyle nasıl karşılaştırılır?
EH temel i̇stati̇sti̇kler
Piyasa değeriUS$666.77m
Kazançlar(TTM)-US$33.89m
Gelir(TTM)US$74.90m
9.1x
P/S Oranı
-20.1x
F/K Oranı

Kazanç ve Gelir

En son kazanç raporundan temel karlılık istatistikleri (TTM)
EH gelir tablosu (TTM)
GelirCN¥509.50m
Gelir MaliyetiCN¥193.58m
Brüt KârCN¥315.93m
Diğer GiderlerCN¥546.47m
Kazançlar-CN¥230.54m

Son Raporlanan Kazançlar

Dec 31, 2025

Sonraki Kazanç Tarihi

n/a

Hisse başına kazanç (EPS)-3.21
Brüt Marj62.01%
Net Kâr Marjı-45.25%
Borç/Özkaynak Oranı28.9%

EH uzun vadede nasıl bir performans gösterdi?

Geçmiş performansı ve karşılaştırmayı görün

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/21 19:00
Gün Sonu Hisse Fiyatı2026/05/21 00:00
Kazançlar2025/12/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

EHang Holdings Limited 21 Bu analistlerden 10, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Fuyin LiangBofA Global Research
Fuyin LiangBofA Global Research
Yiming WangChina Renaissance Securities