EHang Holdings Expects Q2 Revenue of ~RMB90M, up by 804% YoY
Business Outlook
For the second quarter of 2024, the Company expects the total revenues to be around RMB90 million, representing an increase of approximately 804% year-over-year.
Business Outlook
For the second quarter of 2024, the Company expects the total revenues to be around RMB90 million, representing an increase of approximately 804% year-over-year.
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Date | Price Target | Rating | Analyst |
---|---|---|---|
9/24/2024 | Buy | China Renaissance | |
8/28/2024 | $22.00 | Buy | UBS |
5/6/2024 | $27.50 | Overweight | Morgan Stanley |
10/16/2023 | $30.50 | Neutral → Buy | Goldman |
10/27/2022 | $4.00 | Neutral | Goldman |
10/19/2021 | $23.00 | Equal-Weight | Morgan Stanley |
6-K - EHang Holdings Ltd (0001759783) (Filer)
6-K - EHang Holdings Ltd (0001759783) (Filer)
6-K - EHang Holdings Ltd (0001759783) (Filer)
Record-High Quarterly Revenues, Up 347.8% YoYAchieved Quarterly Adjusted Operating Income2 (non-GAAP) and the Second Consecutive Quarter of Adjusted Net Income3 (non-GAAP)Maintained Positive Operating Cash Flow for the Fourth Consecutive QuarterOver US$22 Million Strategic PIPE Investment to Further Strengthen LiquiditySignificant eVTOL Sales and Operational Progress in Pioneering Chinese CitiesNew Orders from KC Smart Mobility and SunriverSteady Progress in Air Operator Certification for Commercial OperationsStrategic Partnership with Civil Aviation Flight University of China for eVTOL Talent TrainingExpanded International Presence with Flights in Brazil, Thailand, Japan and the UAEBreakthr
GUANGZHOU, China, Nov. 12, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced that it will release its unaudited financial results for the third quarter ended September 30, 2024 on Monday, November 18, 2024, before the U.S. market opens. EHang's management team will host an earnings conference call at 8:00 AM on Monday, November 18, 2024, U.S. Eastern Time (9:00 PM on Monday, November 18, 2024, Beijing/Hong Kong Time). To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering
Quarterly Revenues Up 919.6% YoY, Highest Growth Rate in Company HistoryAchieved Quarterly Adjusted Net Income3 (non-GAAP)Maintained Positive Operating Cash Flow for the Third Consecutive QuarterStrengthened Liquidity Position with US$76.2 Million Raised Year-to-Date through an At-the-Market Equity Offering, Which Will Not Continue for Remainder of 2024Secured EH216-S Production Certificate from CAAC for a Steady Production Ramp-UpSizeable New Orders in China (Shanxi, Zhejiang and Hong Kong)Pilotless eVTOL Air Operator Certificate Applications Accepted by CAACPartnered with China Southern Airlines General Aviation for Collaborative eVTOL OperationStrategic Collaboration with MLG and ADIO in
SC 13G - EHang Holdings Ltd (0001759783) (Subject)
SC 13G/A - EHang Holdings Ltd (0001759783) (Subject)
SC 13G/A - EHang Holdings Ltd (0001759783) (Subject)
China Renaissance initiated coverage of EHang with a rating of Buy
UBS initiated coverage of EHang with a rating of Buy and set a new price target of $22.00
Morgan Stanley initiated coverage of EHang with a rating of Overweight and set a new price target of $27.50
GUANGZHOU, China, Nov. 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced that the Company's Board of Directors has approved a Share Repurchase Program, pursuant to which the Company may repurchase up to US$30 million of its American Depositary Shares ("ADSs") or ordinary shares over the next 12 months. Mr. Huazhi Hu, Founder, Chairman and CEO of EHang, commented, "This Share Repurchase Program underscores our confidence in EHang's long-term growth potential as well as our capability in continuously delivering value to our shareholders. Looking ahead, we r
Record-High Quarterly Revenues, Up 347.8% YoYAchieved Quarterly Adjusted Operating Income2 (non-GAAP) and the Second Consecutive Quarter of Adjusted Net Income3 (non-GAAP)Maintained Positive Operating Cash Flow for the Fourth Consecutive QuarterOver US$22 Million Strategic PIPE Investment to Further Strengthen LiquiditySignificant eVTOL Sales and Operational Progress in Pioneering Chinese CitiesNew Orders from KC Smart Mobility and SunriverSteady Progress in Air Operator Certification for Commercial OperationsStrategic Partnership with Civil Aviation Flight University of China for eVTOL Talent TrainingExpanded International Presence with Flights in Brazil, Thailand, Japan and the UAEBreakthr
GUANGZHOU, China, Nov. 15, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced that it has signed a cooperation framework agreement ("Agreement") with Zhejiang Sunriver Culture and Tourism Co., Ltd. ("Sunriver", 600576.SH), a China A-share listed company, to explore an industrial model that integrates low-altitude economy with cultural tourism in China. Under the Agreement, Sunriver plans to purchase 50 units of EH216-S or similar pilotless passenger-carrying aircraft from EHang for its cultural tourism projects based on market development needs. Sunriver has plac
GUANGZHOU, China, Nov. 11, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced a long-term strategic partnership and technology development cooperation with Zhuhai Enpower Electric Co., Ltd. ("Enpower", SZ300681), a pioneer in new energy vehicle ("NEV") power systems, to co-develop high-performance electric motors and motor controllers for EHang's suite of electric vertical take-off and landing ("eVTOL") aircraft. (Photo: Signing Ceremony of Strategic Partnership and Technology Development Cooperation Agreements between EHang and Enpower) The collaborati
GUANGZHOU, China, July 19, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading urban air mobility ("UAM") technology platform company, today announced the signing of a purchase and operation cooperation agreement with KC Smart Mobility Company Limited ("KC Smart Mobility"), a subsidiary of Kwoon Chung Bus Holdings Limited ("KCBH") (0306.HK), the largest non-franchised bus operator in Hong Kong. This partnership aims to promote the deployment and operation of EHang's EH216-S pilotless electric vertical take-off and landing ("eVTOL") in Hong Kong, Macau, and the cities of Xiangyang and Shiyan in Hubei Province in China. According to the
GUANGZHOU, China, April 28, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading Urban Air Mobility ("UAM") technology platform company, announced that it has established a strategic partnership with ultra-fast charging-focused Guangzhou Greater Bay Technology Co., Ltd. ("Greater Bay Technology" or "GBT") at the 16th Chongqing International Battery Technology Exchange Conference/Exhibition for the research and development of the world's first Ultra-Fast Charging ("UFC")/eXtreme Fast Charging ("XFC") battery solutions for EHang's electric vertical takeoff and landing ("eVTOL") aircraft. The partnership is to promote the research and dev
EHang Holdings Limited ("EHang" or the "Company") (NASDAQ:EH), the world's leading urban air mobility ("UAM") technology platform company, today announced that it has signed a strategic Memorandum of Understanding ("MoU") with China Southern Airlines General Aviation Company Limited ("CSGAC"), a leading general aviation service provider and strategic emerging business unit of China Southern Airlines Company Limited. The partnership will center on the flight operations, comprehensive support, and other aspects of EHang's pilotless electric vertical take-off and landing ("eVTOL") to jointly cultivate innovative solutions for low-altitude economy. Upon CSGAC's extensive experience in general
EHang Holdings Limited (NASDAQ:EH) said it has delivered a new batch of EH216-S pilotless aircraft, or the electric vertical takeoff and landing (eVTOL), fortifying its footprint in China’s “low-altitude” industry. The company confirmed it received full payment for the new batch of 30 units ordered by Wencheng County Transportation Development Group Co Ltd in Wenzhou, Zhejiang province, of which it has delivered 27. In recent years, China has relaxed its regulation of low-altitude airspace to foster the growth of a low-altitude economy, creating fresh prospects for eVTOL manufacturers, CnEV Post reported. Priced at RMB 2.39 million, the eVTOL has a top flight speed of 130 kilometers