Quhuo Limited (QH) AI Stock Analysis

NASDAQ: QHAI research summary: business, growth, valuation, analysts, bull and bear case.

QH AI stock analysis summary

AI Research

Quhuo Limited (QH) operates a workforce operational solution platform in China for on-demand consumer service businesses. In FY2025, revenue declined 17.1% to $2.53B, while net income fell to -$149.5M and free cash flow reached -$46.7M. The stock closed at $3.35 on October 16, 2026, representing a market capitalization of $9.2M.

Market cap
$9.2M
Revenue (TTM)
$2.53B
P/E
—
fwd 5.3x
1Y return
—
S&P 500 16.8%
Avg. target
$29.34
775.8% vs last close

Bull case

  • Quhuo trades at a forward P/E of 5.3x and an EV/EBITDA of 0.8x, well below the US-listed Technology peer medians of 18.8x and 16.6x.
  • The consensus analyst mean price target of $29.34 represents a 775.8% premium above the last closing price of $3.35.
  • The company maintains a low debt-to-equity ratio of 0.32 with shareholders' equity of $354.8M against total debt of $115.0M.

Bear case

  • Revenue fell from $4.03B in FY2021 to $2.53B in FY2025, producing a 5-year revenue CAGR of -0.4%.
  • Quhuo posted an FY2025 net loss of -$149.5M along with negative free cash flow of -$46.7M.
  • In the latest quarter ended March 31, 2026, earnings fell 68.8% year-over-year while trailing twelve-month operating margin remained at -7.6%.

What Quhuo does

Quhuo Limited operates as a workforce operational solution platform based in Beijing, China, delivering tech-enabled operational solutions for on-demand consumer service businesses with e-commerce exposure. Founded in 2012, the company provides on-demand delivery solutions catering to clients distributing groceries, prepared food, and fresh produce. It also offers ride-hailing solutions to meet transportation operational requirements, housekeeping and cleaning services for short-term rental properties and hotels, and shared-bike maintenance and distribution solutions for bike-sharing companies. Quhuo serves blue-chip clients across the People's Republic of China and employs 474 people.

Growth and profitability

Quhuo's revenue contracted from $4.03B in FY2021 to $2.53B in FY2025, recording a 5-year compound annual growth rate of -0.4%. After generating net income of $3.3M in FY2023 and $2.7M in FY2024, the company recorded an FY2025 revenue drop of 17.1% and a net loss of -$149.5M. Gross margin deteriorated from 6.6% in FY2022 to 0.5% in FY2025, while operating margin fell to -7.2%. Over the trailing twelve months ended March 31, 2026, revenue stood at $2.53B with an operating margin of -7.6% and diluted earnings per share of -$489.48. In the latest quarter, revenue declined 2.3% year-over-year, and earnings fell 68.8%.

QH income statement →

Balance sheet and cash flow

As of March 31, 2026, Quhuo held $38.4M in cash and short-term investments against $115.0M in total debt, resulting in net debt of $76.6M. Total assets stood at $798.4M and shareholders' equity was $354.8M, producing a debt-to-equity ratio of 0.32 and a current ratio of 1.03. Cash generation remained negative in FY2025, with operating cash flow of -$37.9M and free cash flow of -$46.7M. The company directed $8.7M toward capital expenditures during FY2025.

QH balance sheet →

Valuation and performance

At $3.35 per share, Quhuo trades at a forward P/E of 5.3x, compared to the 18.8x median of its US-listed Technology peers. Its enterprise value to EBITDA ratio of 0.8x and price-to-sales ratio of 0.0x are also below peer medians of 16.6x and 2.8x, respectively. The stock carries a price-to-book ratio of 0.2x and an enterprise value of $22.3M. In comparison, the S&P 500 posted returns of 16.8% over one year and 83.0% over five years, while Quhuo has traded within a 52-week range of $1.05 to $12.81 with a beta of 1.07.

QH key metrics →

What analysts expect

Wall Street analysts hold a mean price target of $29.34 for Quhuo, representing a 775.8% premium to its last close of $3.35. Over the last four quarters, Quhuo beat consensus earnings per share estimates 1 time. The company's trailing twelve-month earnings per share stands at -$489.48, and its forward price-to-earnings ratio is 5.3x.

Key risks and what to watch

  • Net debt of $76.6M against $38.4M in cash could create balance sheet pressure as FY2025 operating cash flow was -$37.9M.
  • Gross margin compressed to 0.5% in FY2025 from 6.6% in FY2022, leaving little room to absorb rising workforce costs.
  • Trailing twelve-month return on equity of -37.1% and return on assets of -13.7% highlight ongoing capital erosion.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this QH AI stock analysis

This page is an AI-written research summary of Quhuo Limited (QH). 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: QH income statement, QH balance sheet, QH key metrics, QH chart. See the QH stock overview for the latest quote and news.

QH AI stock analysis FAQ

What is Quhuo's stock ticker and current price?

Quhuo trades under the ticker QH on the NASDAQ and closed at $3.35 on October 16, 2026.

What is the analyst price target for QH?

The mean analyst price target for Quhuo is $29.34, which is 775.8% above its last close of $3.35.

How did Quhuo perform financially in FY2025?

In FY2025, Quhuo generated $2.53B in revenue, down 17.1% year-over-year, and posted a net loss of -$149.5M.

How much debt and cash does Quhuo have?

As of March 31, 2026, Quhuo had $38.4M in cash and short-term investments and $115.0M in total debt, resulting in net debt of $76.6M.

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