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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
10 Best Airline Stocks to Buy
What is a Growth Stock Mutual Fund?
The Real Problem With "Made in America" Lithium (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
The Real Problem With "Made in America" Lithium (Ad)
Apple Partnership Strengthens Unity Software's Investment Appeal
Netflix Collaboration Fuels IAS, DoubleVerify Stock Surge
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
10 Best Airline Stocks to Buy
What is a Growth Stock Mutual Fund?
The Real Problem With "Made in America" Lithium (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
The Real Problem With "Made in America" Lithium (Ad)
Apple Partnership Strengthens Unity Software's Investment Appeal
Netflix Collaboration Fuels IAS, DoubleVerify Stock Surge
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Global shares trade mixed following technology selloff on Wall Street
The Real Problem With "Made in America" Lithium (Ad)
10 Best Airline Stocks to Buy
What is a Growth Stock Mutual Fund?
The Real Problem With "Made in America" Lithium (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
The Real Problem With "Made in America" Lithium (Ad)
Apple Partnership Strengthens Unity Software's Investment Appeal
Netflix Collaboration Fuels IAS, DoubleVerify Stock Surge
NASDAQ:EH

EHang (EH) Stock Forecast, Price & News

$10.70
-0.29 (-2.64%)
(As of 06/7/2023 ET)
Compare
Today's Range
$10.60
$11.07
50-Day Range
$9.23
$11.89
52-Week Range
$3.32
$17.84
Volume
377,208 shs
Average Volume
417,626 shs
Market Capitalization
$609.15 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.00

EHang MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
62.6% Downside
$4.00 Price Target
Short Interest
Bearish
43.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.14mentions of EHang in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

0.82 out of 5 stars

Aerospace Sector

44th out of 45 stocks

Aircraft Parts & Equipment, Not Elsewhere Classified Industry

6th out of 6 stocks


EH stock logo

About EHang (NASDAQ:EH) Stock

EHang Holdings Limited is a Chinese company specializing in autonomous aerial vehicle technology. Founded in 2014, EHang is headquartered in Guangzhou, China, with additional offices in Beijing, Shanghai, and San Francisco. The company designs, develops, manufactures, and operates autonomous aerial vehicles, also known as unmanned aerial vehicles (UAVs). These vehicles can carry passengers or cargo and are designed for use in urban environments, making transportation faster, safer, and more efficient. EHang aims to provide innovative solutions for urban air mobility and to revolutionize how people and goods move.

EHang's management team is led by founder and Chief Executive Officer Hu Huazhi, who has over 20 years of experience in the technology industry. Other key leadership team members include Derrick Xiong, co-founder and chief marketing officer, and Richard Liu, Chief Financial Officer. 

EHang has shown negative growth over the past few years, with revenue decreasing from $66 million in 2018 to around $44 million in 2022. The company has yet to achieve profitability, with net losses of $87 million, $313 million, and $328 million in 2020, 2021, and 2022, respectively. EHang's gross profit margin has improved over the past few years, from 24.6% in 2020 to 30.7% in 2022. The company has a significant amount of debt, with a long-term debt of around $370 million; however, the company maintains enough assets to cover this debt. EHang's ownership structure is also worth noting, with approximately 65% of the company's shares being held by insiders and institutional investors.

EHang's valuation metrics are high, with price-to-earnings and price-to-book ratios significantly higher than the industry average, indicating that the market has high expectations for the company's growth potential.

EHang's market performance has been volatile, with the stock price experiencing significant price movements and changes in trading volume over the past few years. The stock reached its all-time high of $124.09 in February 2021 but has since fallen and fluctuates between $3 and $17. The company's trading volume has also been highly variable, with some days experiencing significantly higher trading volume than others.

EHang operates in the broader urban air mobility industry, which is still in the early stages of development. The industry is expected to grow significantly in the coming years, driven by increasing urbanization, congestion, and environmental concerns. EHang's main competitors in this industry include companies such as Joby Aviation, Volocopter, and Lilium. Regulatory and political issues may also impact the sector as governments seek to ensure the safety and reliability of autonomous aerial vehicles.

EHang has several potential growth opportunities, including new product launches, acquisitions, and expansions into new markets. The company recently launched the EHang 216F, a cargo drone for logistics and transportation. EHang has also partnered with companies such as DHL and FACC to develop new applications for autonomous aerial vehicles. The company is expanding into new markets, such as Europe and Southeast Asia, where it is seeking regulatory approvals for its passenger drones.

EHang also faces several potential risks and challenges. The autonomous aerial vehicle industry is still in the early stages of development, and it is still being determined how quickly consumers and businesses will adopt it. EHang's technology is also relatively untested, and any issues or malfunctions could have significant safety implications. Regulatory changes or restrictions also limit the company's growth potential, and competitive pressures from other companies in the industry could impact EHang's market share.

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EH Stock News Headlines

EHang Ready For Takeoff?
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
Q1 2023 EHang Holdings Ltd Earnings Call
EHang Q1 Earnings Preview
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
What Wall Street expects from EHang's earnings
EHang Holdings's Earnings Outlook
EHang (EH) Set to Announce Earnings on Wednesday
Civil Drone Market Business Report [2023-2030]
EHang (NASDAQ:EH) Shares Gap Down to $11.89
EHang (NASDAQ:EH) Trading Down 4.5%
EHang (NASDAQ:EH) Shares Gap Up to $9.29
EHang (NASDAQ:EH) Shares Gap Down to $9.36
See More Headlines

EH Price History

EH Company Calendar

Last Earnings
3/22/2023
Today
6/08/2023
Next Earnings (Estimated)
8/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
N/A
Sector
Aerospace
Fax
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.00
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$4.00
Forecasted Upside/Downside
-62.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$-47,590,000.00
Net Margins
-568.23%
Pretax Margin
-560.38%

Debt

Sales & Book Value

Annual Sales
$6.43 million
Book Value
$0.32 per share

Miscellaneous

Free Float
34,386,000
Market Cap
$609.15 million
Optionable
Not Optionable
Beta
0.56

Key Executives

  • Mr. Huazhi Hu (Age 45)
    Founder, Chairman & CEO
  • Mr. Jian Liu (Age 48)
    Chief Financial Officer
  • Mr. Xin Fang (Age 48)
    Chief Operating Officer
  • Mr. Andreas Perotti
    Chief Marketing Officer of Europe













EH Stock - Frequently Asked Questions

Should I buy or sell EHang stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EHang in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" EH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EH, but not buy additional shares or sell existing shares.
View EH analyst ratings
or view top-rated stocks.

What is EHang's stock price forecast for 2023?

1 Wall Street research analysts have issued twelve-month price targets for EHang's shares. Their EH share price forecasts range from $4.00 to $4.00. On average, they expect the company's share price to reach $4.00 in the next year. This suggests that the stock has a possible downside of 62.6%.
View analysts price targets for EH
or view top-rated stocks among Wall Street analysts.

How have EH shares performed in 2023?

EHang's stock was trading at $8.58 on January 1st, 2023. Since then, EH shares have increased by 24.7% and is now trading at $10.70.
View the best growth stocks for 2023 here
.

When is EHang's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 17th 2023.
View our EH earnings forecast
.

How were EHang's earnings last quarter?

EHang Holdings Limited (NASDAQ:EH) issued its quarterly earnings data on Wednesday, March, 22nd. The company reported ($0.23) EPS for the quarter. The business earned $2.27 million during the quarter. EHang had a negative trailing twelve-month return on equity of 201.81% and a negative net margin of 568.23%.

What other stocks do shareholders of EHang own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EHang investors own include Niu Technologies (NIU), BioXcel Therapeutics (BTAI), Inseego (INSG), Akoustis Technologies (AKTS), JD.com (JD), Bilibili (BILI), Ontrak (OTRK), CEVA (CEVA), Marvell Technology (MRVL) and CareCloud (MTBC).

When did EHang IPO?

(EH) raised $43 million in an initial public offering on Thursday, December 12th 2019. The company issued 3,200,000 shares at $12.50-$14.50 per share. Morgan Stanley acted as the underwriter for the IPO and Needham & Company, Tiger Brokers (NZ) Limited and Prime Number Capital were co-managers.

What is EHang's stock symbol?

EHang trades on the NASDAQ under the ticker symbol "EH."

Who are EHang's major shareholders?

EHang's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Axim Planning & Wealth (5.35%), Carmignac Gestion (1.61%), State Street Corp (1.03%), Simplex Trading LLC (0.00%), UBS Group AG (0.13%) and Susquehanna International Group LLP (0.00%).

How do I buy shares of EHang?

Shares of EH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is EHang's stock price today?

One share of EH stock can currently be purchased for approximately $10.70.

How much money does EHang make?

EHang (NASDAQ:EH) has a market capitalization of $609.15 million and generates $6.43 million in revenue each year. The company earns $-47,590,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis.

How many employees does EHang have?

The company employs 2,020 workers across the globe.

How can I contact EHang?

EHang's mailing address is BUILDING #C YIXIANG TECHNOLOGY PARK NO.72 NANXIANG 2ND ROAD, GUANGZHOU F4, 510700. The official website for the company is www.ehang.com. The company can be reached via phone at 86-20-2902-8899 or via email at ir@ehang.com.

This page (NASDAQ:EH) was last updated on 6/8/2023 by MarketBeat.com Staff

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