EHang Holdings Limited (EH) AI Stock Analysis

EHang Holdings Limited is an autonomous aerial vehicle (AAV) technology platform company operating across global markets, including the People's Republic of China, East Asia, and Europe. Founded in 2014 and headquartered in Guangzhou, China, the company designs, develops, manufactures, sells, and operates AAVs and supporting infrastructure. Its AAV portfolio serves diverse industries, including passenger transportation, logistics, smart city management, and aerial media solutions. EHang integrates autonomous flight control systems and advanced battery technologies into its platforms to provide urban air mobility solutions, logistical support, and aerial advertising capabilities.

EHang's annual revenue rose from $56.8M in FY2021 to $456.2M in FY2024 before decreasing 8.4% to $418.0M in FY2025. Gross margin has remained relatively steady, recording 63.4% in FY2021 and 61.5% in FY2025. However, operating margins have remained negative, logging -75.8% in FY2025 alongside net income of -$276.0M. For the trailing twelve months ending June 30, 2026, revenue was $382.1M, with an operating margin of -169.1% and a net profit margin of -91.3%. In the latest quarter ended June 30, 2026, quarterly revenue fell 47.1% year-over-year, while trailing twelve months EPS stood at -$0.70.

As of June 30, 2026, EHang held $902.3M in cash and short-term investments against total debt of $578.3M, yielding net cash of $324.0M. Total assets reached $1.85B and shareholders' equity stood at $906.7M. The company maintains a current ratio of 1.84 and a debt-to-equity ratio of 0.64. In FY2025, operating cash flow was -$174.6M, free cash flow was -$318.5M, and capital expenditures were $143.9M, while share count dropped 33.1% over 5 years.

EHang trades at a market capitalization of $273.8M and an enterprise value of $299.0M. Its price-to-sales ratio is 0.7x, compared to a median of 1.5x for US-listed Industrials peers. The company carries an enterprise value-to-revenue ratio of 5.2x and a price-to-book ratio of 2.6x. Over the past year, the stock fell 79.9%, compared to a 16.8% return for the S&P 500 (SPY). Over a five-year period, the stock declined 83.8% while the S&P 500 gained 83.0%.

Wall Street analyst ratings comprise 5 Strong Buy, 1 Buy, 3 Hold, and 2 Sell recommendations. The mean price target is $8.81, representing upside of 144.0% above the last close of $3.61 on October 16, 2026. For the fiscal year ending December 31, 2026, analysts estimate EPS of -$2.67 on revenue of $425.7M. For the following fiscal year, 4 analysts estimate revenue of $755.7M and EPS of $0.93. The company beat EPS estimates in 2 of the last 4 quarters, and the next earnings date is November 25, 2026.

This page is an AI-written research summary of EHang Holdings Limited (EH). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: EH income statement, EH balance sheet, EH key metrics, EH analyst forecast, EH chart. See the EH stock overview for the latest quote and news.