Streetbeat News

EH

EHang Holdings Limited

https://www.ehang.com

Industry

Aerospace & Defense

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions. The company was incorporated in 2014 and is headquartered in Guangzhou, the People's Republic of China.

Open

16.93

Mkt cap

1.1B

Volume

1.5M

High

17.25

P/E Ratio

-29.04

52-wk high

22.98

Low

16.51

Div yield

N/A

52-wk low

9.51

EHang Holdings expects Q2 2024 revenue to be around RMB90 million, marking an 804% year-over-year increase.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:25 am

EHang Holdings (NASDAQ:EH) reported Q1 2024 adjusted EPADS of $(0.02), significantly beating the analyst estimate of $(0.09). The company also reported sales of $8.549 million, surpassing the $6.868 million estimate and marking a 164.43% increase from the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 8:21 am

Morgan Stanley analyst Cindy Huang initiates coverage on EHang Holdings (NASDAQ:EH) with an Overweight rating and a price target of $27.5.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 9:48 am

EHang Holdings Limited (EHang) partners with Multi Level Group (MLG) and the Abu Dhabi Investment Office (ADIO) to drive eVTOL development in the UAE. The collaboration, announced at Abu Dhabi's DRIFTx event, aims to transform transportation with EHang's pilotless eVTOL aircraft and UAV systems. EHang plans to establish regional headquarters in Abu Dhabi, focusing on manufacturing, flight operations, R&D, training, and MRO facilities. ADIO will support EHang's growth, promoting Abu Dhabi as a hub for urban air mobility (UAM) technology.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 8:20 pm

EHang Holdings Ltd. (NASDAQ:EH) plans to raise up to $100 million through a public offering of its ADS, aiming to fund the mass production of its self-flying aircraft. This move comes as the company progresses towards commercialization, having received necessary regulatory certificates in China. Despite facing a short-selling attack by Hindenburg Research, EHang's revenue surged 165% last year, and it is projected to significantly grow in the coming years, with profitability expected by 2025.

Portfolio Pulse from The Bamboo Works

April 24, 2024 | 4:08 pm

EHang Holdings Ltd has filed for a mixed shelf offering according to an SEC filing, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

April 19, 2024 | 8:09 pm

EHang Holdings Limited has announced the appointment of Zhao Wang as the Co-Chief Operating Officer, effective April 9, 2024. This strategic move aims to strengthen the company's operational leadership.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 8:10 am

EHang Holdings' shares surged following the announcement that it received the Production Certificate for its EH216-S passenger-carrying pilotless eVTOL aircraft from the Civil Aviation Administration of China.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 2:43 pm

In Monday's pre-market session, several industrials stocks showed significant movement. Gainers included Antelope Ent Hldgs (AEHL) with a 33.3% rise, and losers featured Caravelle Intl Gr (CACO) with a 17.4% decline. Other notable movements were seen in stocks like Ducommun (DCO), EHang Holdings (EH), and Li-Cycle Holdings (LICY), among others, with various factors such as Q4 earnings influencing the market.

Portfolio Pulse from Benzinga Insights

April 08, 2024 | 12:09 pm

EHang Holdings Limited (NASDAQ:EH) shares rose after receiving the Production Certificate for its EH216-S eVTOL aircraft from the Civil Aviation Administration of China, marking a significant step towards mass production and commercial operations. This follows previous achievements including the Type Certificate and Standard Airworthiness Certificate. EHang's progress is seen as pioneering in the UAV sector. Additionally, EHang recently established Japan's first Urban Air Mobility Center. Investors can also gain exposure through the SPDR S&P Kensho New Economies Composite ETF (NYSE:KOMP).

Portfolio Pulse from Lekha Gupta

April 08, 2024 | 10:51 am

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