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NASDAQ:EH

EHang (EH) Stock Price, News & Analysis

$16.47
-0.53 (-3.12%)
(As of 05/21/2024 ET)
Today's Range
$16.37
$17.60
50-Day Range
$13.61
$20.57
52-Week Range
$9.51
$25.78
Volume
2.13 million shs
Average Volume
1.30 million shs
Market Capitalization
$1.05 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.00

EHang MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
76.1% Upside
$29.00 Price Target
Short Interest
Bearish
9.32% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.26mentions of EHang in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.41) to ($0.22) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.25 out of 5 stars

Aerospace Sector

26th out of 40 stocks

Aircraft Parts & Equipment, Not Elsewhere Classified Industry

4th out of 6 stocks

EH stock logo

About EHang Stock (NASDAQ:EH)

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.

EH Stock Price History

EH Stock News Headlines

Flying Car Stocks: What Earnings From The Big 3 Tell Us
Why Is EHang Holdings Stock Rising Premarket Monday?
Here's what Wall Street expects from EHang's earnings report
EHang (NASDAQ:EH) Shares Gap Up to $18.98
EHang (EH) Set to Announce Quarterly Earnings on Monday
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
5/21/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Aerospace
Industry
Aircraft parts & equipment, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
341
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.00
High Stock Price Target
$30.50
Low Stock Price Target
$27.50
Potential Upside/Downside
+74.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-42,490,000.00
Net Margins
-257.09%
Pretax Margin
-255.98%

Debt

Sales & Book Value

Annual Sales
$16.54 million
Book Value
$0.48 per share

Miscellaneous

Free Float
38,358,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
1.09
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EH Stock Analysis - Frequently Asked Questions

Should I buy or sell EHang stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EHang in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EH shares.
View EH analyst ratings
or view top-rated stocks.

What is EHang's stock price target for 2024?

2 equities research analysts have issued 12-month price objectives for EHang's shares. Their EH share price targets range from $27.50 to $30.50. On average, they expect the company's stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 76.1% from the stock's current price.
View analysts price targets for EH
or view top-rated stocks among Wall Street analysts.

How have EH shares performed in 2024?

EHang's stock was trading at $16.80 on January 1st, 2024. Since then, EH shares have decreased by 2.0% and is now trading at $16.47.
View the best growth stocks for 2024 here
.

When is EHang's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our EH earnings forecast
.

How were EHang's earnings last quarter?

EHang Holdings Limited (NASDAQ:EH) released its quarterly earnings results on Friday, March, 15th. The company reported ($0.16) earnings per share (EPS) for the quarter. The firm had revenue of $7.97 million for the quarter. EHang had a negative trailing twelve-month return on equity of 188.90% and a negative net margin of 257.09%.

What guidance has EHang issued on next quarter's earnings?

EHang issued an update on its first quarter 2024 earnings guidance on Friday, March, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $8.2 million-$8.2 million, compared to the consensus revenue estimate of $10.4 million.

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?

EHang (EH) raised $43 million in an initial public offering (IPO) 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.

Who are EHang's major shareholders?

EHang's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Axim Planning & Wealth (7.17%), Vanguard Group Inc. (2.46%), Walleye Trading LLC (0.00%), IMC Chicago LLC (0.00%), GSA Capital Partners LLP (0.08%) and SteelPeak Wealth LLC (0.07%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EH) was last updated on 5/21/2024 by MarketBeat.com Staff

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