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

Earnings are scheduled for November 22, 2023, for several companies. Before the bell, Jiayin Gr, Tremor Intl, ATRenew, Baozun, EHang Holdings, GDS Holdings, Sunlands Technology, Gaotu Techedu, and Deere are set to report their quarterly results. After the bell, X Financial and LexinFintech Holdings will release their earnings. Notable projections include Tremor Intl's earnings at $0.06 per share with $80.56 million in revenue, GDS Holdings' expected loss at $0.27 per share with $345.59 million in revenue, and Deere's anticipated earnings at $7.09 per share on revenue of $12.91 billion.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 11:06 am

EHang Holdings Limited anticipates a significant increase in revenue for Q4 2023, with an expected RMB56 million, marking a 257% increase YoY. Additionally, the company forecasts a 166% increase in annual revenue for FY23, reaching RMB118 million.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:04 am

EHang Holdings (NASDAQ:EH) reported improved financial results for Q3 with an adjusted EPS loss of $(0.06), a 57.14% improvement from $(0.14) YoY. Sales increased by 20.16% to $1.39M from $1.16M YoY.

Portfolio Pulse from Benzinga Newsdesk

November 22, 2023 | 8:02 am

ShareSleuth has published an article highlighting concerns from early employees of EHang Holdings regarding a culture of corner-cutting and casual ethics within the company. These issues could potentially affect the company's future in passenger flights, raising questions about safety and regulatory compliance.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 3:48 pm

During Tuesday's intraday session, several industrial stocks experienced significant movement. Gainers included Baiyu Holdings (BYU), Fathom Digital Mfg (FATH), iPower (IPW), JELD-WEN Holding (JELD), Triumph Group (TGI), and Applied UV (AUVIP). Losers included Air Transport Services Gr (ATSG), Ameresco (AMRC), Professional Diversity (IPDN), EHang Holdings (EH), Sterling Infrastructure (STRL), and TPI Composites (TPIC). Several companies had recently released their Q3 earnings reports.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 5:31 pm

EHang Holdings Limited (NASDAQ:EH) has responded to a report by short seller Hindenburg Research, stating that it contains untrue statements and misinterpretations about the company's business operations and financial conditions. EHang denies allegations that it misled investors about its order pipeline and sales, and plans to take actions to protect its and its shareholders' interests.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 5:21 pm

EHang shares are trading lower after Hindenburg Research disclosed a short position in the stock and issued a bearish report on the company.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:11 pm

Hindenburg Research has issued a report on EHang (NASDAQ:EH), a China-based eVTOL aircraft company, alleging that the company has a hollow order book and fake sales. The report claims that 92+% of EHang's claimed 1,300+ unit preorder book is based on 'dead' or 'abandoned' deals, failed partnerships, and newly-formed customer entities with no discernible operations. It also alleges that EHang's largest deal, a 1,000-unit preorder from United Therapeutics, is 'dead'. The report also raises concerns about EHang's financial position, noting that it has only $44.9 million left in cash, and its recent $23 million capital raise was led by a South Korean music producer with a questionable past. Hindenburg Research has taken a short position in EHang.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 4:07 pm

The article reports on the movement of 12 industrial stocks in Tuesday's pre-market session. LanzaTech Global, Guardforce AI Co, Lichen China, Clarivate, Advent Technologies Hldgs, and Microvast Holdings saw gains, while Applied UV, Ameresco, EHang Holdings, Velo3D, Gaucho Group Holdings, and Emerson Electric experienced losses.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 1:06 pm

EHang Holdings Limited (NASDAQ:EH) has inaugurated its first European Urban Air Mobility (UAM) Center in Spain. The center, located at the Lleida–Alguaire International Airport, is the first of its kind in Europe for unmanned electric vertical take-off and landing (eVTOL) aircraft. The center is a result of a collaboration between EHang and Aeroports de Catalunya. The UAM Center includes a vertiport that complies with EASA's design criteria and will enable seamless incorporation with the airport terminal, platform, control tower, equipment, procedures, and regulations.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2023 | 1:29 pm

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