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EHang Holdings Limited logo

EHang Holdings Limited

EH

NASDAQIndustrialsAerospace & Defense

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Previous close

$5.51

+$0.01 · +0.18%

Aug 21, 4:00 PM ET

EH company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

53

Fair Value

Momentum

22

Weakening

Sentiment

52

Mixed

Risk resilience

30

High Risk

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Company profile

Company website

EHang Holdings Limited is a technology company focused on autonomous aerial vehicles (AAVs). The company operates a comprehensive platform that encompasses the design, development, manufacturing, sale, and operation of these advanced aircraft, alongside their essential supporting systems and infrastructure. Established in 2014 and headquartered in Guangzhou, People's Republic of China, EHang extends its reach across various global markets, including East Asia, Europe, and other international regions. Its innovative AAV solutions cater to a diverse range of applications, such as urban air mobility for passengers, efficient logistics, smart city management, and aerial media production.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
CN
CEO
Huazhi Hu
Listed since
Dec 13, 2019
Employees
829

Market position

Day range

Current $5.51

52-week range

Current $5.51

Open
$5.54
Previous close
$5.50
Volume
660.59K
0.71× average
Average volume
930.72K
Average daily volume
Market cap
204.47M USD
Beta
1.19
Market reference 1
50-day average
$5.8302
-5.49% below average
200-day average
$10.5321
-47.68% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.55B CNY
EV / EBITDA
-14.8×
Earnings yield
-8.17%
Free cash flow yield
-9.42%

Profitability & efficiency

Return on equity
-24.75%
Return on assets
-13.45%
Return on invested capital
-19.74%

Financial health

Current ratio
2.12×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends147%-176%-499%-821%Gross margin, FY2021: 63.43%Gross margin, FY2022: 65.93%Gross margin, FY2023: 64.13%Gross margin, FY2024: 61.37%Gross margin, FY2025: 61.52%Operating margin, FY2021: -564.25%Operating margin, FY2022: -685.85%Operating margin, FY2023: -252.29%Operating margin, FY2024: -55.70%Operating margin, FY2025: -75.77%Net margin, FY2021: -552.68%Net margin, FY2022: -740.62%Net margin, FY2023: -256.93%Net margin, FY2024: -50.37%Net margin, FY2025: -66.03%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 63.43%. Gross margin FY2022 65.93%. Gross margin FY2023 64.13%. Gross margin FY2024 61.37%. Gross margin FY2025 61.52%. Operating margin FY2021 -564.25%. Operating margin FY2022 -685.85%. Operating margin FY2023 -252.29%. Operating margin FY2024 -55.70%. Operating margin FY2025 -75.77%. Net margin FY2021 -552.68%. Net margin FY2022 -740.62%. Net margin FY2023 -256.93%. Net margin FY2024 -50.37%. Net margin FY2025 -66.03%.

Income trends

Revenue

417.98M CNY-8.37%

Operating income

−316.71M CNY-24.65%

Net income

−275.98M CNY-20.11%
Income trends across reported periods534.59M CNY220.84M CNY−92.91M CNY−406.66M CNYRevenue, FY2021: 56.81M CNYRevenue, FY2022: 44.32M CNYRevenue, FY2023: 117.43M CNYRevenue, FY2024: 456.15M CNYRevenue, FY2025: 417.98M CNYOperating income, FY2021: −320.54M CNYOperating income, FY2022: −303.95M CNYOperating income, FY2023: −296.25M CNYOperating income, FY2024: −254.08M CNYOperating income, FY2025: −316.71M CNYNet income, FY2021: −313.96M CNYNet income, FY2022: −328.22M CNYNet income, FY2023: −301.7M CNYNet income, FY2024: −229.78M CNYNet income, FY2025: −275.98M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 56.81M CNY. Revenue FY2022 44.32M CNY. Revenue FY2023 117.43M CNY. Revenue FY2024 456.15M CNY. Revenue FY2025 417.98M CNY. Operating income FY2021 −320.54M CNY. Operating income FY2022 −303.95M CNY. Operating income FY2023 −296.25M CNY. Operating income FY2024 −254.08M CNY. Operating income FY2025 −316.71M CNY. Net income FY2021 −313.96M CNY. Net income FY2022 −328.22M CNY. Net income FY2023 −301.7M CNY. Net income FY2024 −229.78M CNY. Net income FY2025 −275.98M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue417.98M CNY456.15M CNY117.43M CNY44.32M CNY56.81M CNY
Cost of goods sold160.83M CNY176.21M CNY42.12M CNY15.1M CNY20.78M CNY
Gross profit257.15M CNY279.95M CNY75.31M CNY29.22M CNY36.03M CNY
Research and development194.58M CNY199.47M CNY167.32M CNY135.08M CNY137.15M CNY
Selling, general, and administrative391.67M CNY364.43M CNY210.48M CNY204.18M CNY230.62M CNY
Operating expenses573.87M CNY534.02M CNY371.56M CNY333.17M CNY356.57M CNY
Interest income58.59M CNY30.6M CNY8.48M CNY4.67M CNY5.14M CNY
Interest expense5.98M CNY3.38M CNY14.95M CNY3.82M CNY1.8M CNY
Depreciation and amortization29.99M CNY19.8M CNY21.36M CNY20.89M CNY7.77M CNY
Operating income−316.71M CNY−254.08M CNY−296.25M CNY−303.95M CNY−320.54M CNY
Net income−275.98M CNY−229.78M CNY−301.7M CNY−328.22M CNY−313.96M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+78.92%
11 comparable reports
Latest EPS result
-0.14
Estimate -0.14 · Beat by 2.62%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.180.06-0.07-0.19Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 18, 2024: actual 0.03, estimate -0.12, surprise +125.00%, Beat. Q1 2025, reported Mar 12, 2025: actual -0.045, estimate -0.058, surprise +21.95%, Beat. Q2 2025, reported May 26, 2025: actual -0.074, estimate -0.146, surprise +49.06%, Beat. Q3 2025, reported Aug 28, 2025: actual -0.078, estimate -0.103, surprise +24.43%, Beat. Q4 2025, reported Nov 26, 2025: actual -0.04, estimate -0.15, surprise +73.31%, Beat. Q1 2026, reported Mar 12, 2026: actual 0.14, estimate -0.06, surprise +333.33%, Beat. Q2 2026, reported Jun 9, 2026: actual -0.14, estimate -0.144, surprise +2.62%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate -0.134, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates37.35M25.92M14.49M3.06MQ4 '24MissQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26Estimate
Q4 2024, reported Nov 18, 2024: actual 18.25M USD, estimate 18.63M USD, surprise -2.03%, Miss. Q1 2025, reported Mar 12, 2025: actual 22.5M USD, estimate 23.31M USD, surprise -3.49%, Miss. Q2 2025, reported May 26, 2025: actual 3.59M USD, estimate 20.82M USD, surprise -82.74%, Miss. Q3 2025, reported Aug 28, 2025: actual 20.54M USD, estimate 25.26M USD, surprise -18.69%, Miss. Q4 2025, reported Nov 26, 2025: actual 12.99M USD, estimate 21.09M USD, surprise -38.44%, Miss. Q1 2026, reported Mar 12, 2026: actual 34.85M USD, estimate 28.37M USD, surprise +22.86%, Beat. Q2 2026, reported Jun 9, 2026: actual 3.72M USD, estimate 8.87M USD, surprise -58.09%, Miss. Q3 2026, reported Aug 25, 2026: actual —, estimate 16.5M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$8.70

57.89% upside
Past 12 months12-month forecastHigh $11.10Average $8.70Low $7.30

Rating distribution

5 ratings
Strong buy00%
Buy120%
Hold240%
Sell240%
Strong sell00%

EH peers

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PACCAR Inc logo

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$131.03

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HON

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Fastenal Company logo

FAST

Fastenal Company

$51.26

+1.18%

ETFs holding EH

Funds reporting this stock among their holdings, ordered by reported position size.

State Street SPDR S&P Kensho New Economies Composite ETF logoState Street SPDR S&P Kensho New Economies Composite ETFKOMP
Market value
8.49M
Weight
0.31%
AUM
2.71B USD
Expense ratio
0.20%
Price / 1D
$69.24+0.92%
REX Drone ETF logoREX Drone ETFDRNZ
Market value
3.7M
Weight
3.02%
AUM
106.01M USD
Expense ratio
0.65%
Price / 1D
$22.48+0.94%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
3.64M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
3.48M
Weight
0.00%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$60.45+0.72%
Global X - Robotics & Artificial Intelligence ETF logoGlobal X - Robotics & Artificial Intelligence ETFBOTZ
Market value
2.23M
Weight
0.07%
AUM
3.43B USD
Expense ratio
0.68%
Price / 1D
$36.04+0.64%
State Street SPDR Portfolio Emerging Markets ETF logoState Street SPDR Portfolio Emerging Markets ETFSPEM
Market value
257.26K
Weight
0.00%
AUM
17.57B USD
Expense ratio
0.07%
Price / 1D
$52.38+0.61%
State Street SPDR S&P Kensho Smart Mobility ETF logoState Street SPDR S&P Kensho Smart Mobility ETFHAIL
Market value
230.37K
Weight
1.20%
AUM
19.16M USD
Expense ratio
0.45%
Price / 1D
$37.51+1.81%
Invesco Golden Dragon China ETF logoInvesco Golden Dragon China ETFPGJ
Market value
182.3K
Weight
0.20%
AUM
92.77M USD
Expense ratio
0.70%
Price / 1D
$24.32+0.25%

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