Goldman Sachs Downgrades EHang to Neutral From Buy, Adjusts Price Target to $7.30 From $16.90
EHang Holdings (EH) has an average rating of overweight and mean price target of $11.88, according to analysts polled by FactSet.
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EHang Holdings (EH) has an average rating of overweight and mean price target of $11.88, according to analysts polled by FactSet.
EHang Holdings (EH) has an average rating of overweight and mean price target of $11.88, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $5.32, Change: $-0.20, Percent Change: -3.62%
EHang (EH) shares were down over 21% in afternoon trading on Tuesday after the company posted a wider net loss and lower revenue for Q1.The company reported a Q1 adjusted net loss of 1 renminbi (about $0.15) per diluted American depositary share, wider than a loss of 0.42 renminbi a year earlier.Revenue for the quarter ended March 31 was 25.7 million renminbi, down from 26.1 million renminbi a year earlier.Three analysts surveyed by FactSet expected 61.2 million renminbi.For 2026, EHang said it maintained its revenue guidance at 600 million renminbi. Analysts expect revenue of 587.5 million renminbi.Price: $6.86, Change: $-1.86, Percent Change: -21.30%
EHang's (EH) board has approved the buyback of up to $30 million of American Depositary Shares or ordinary shares, the company said Monday.The company said the buybacks may take place from time to time over the next 12 months and are expected to be funded mainly from its existing cash balance.Shares of the company were up more than 6% in Monday's premarket trading.
EHang (EH) shares were down about 15% in Friday trading after UBS downgraded the stock to neutral from buy in the previous day.Trading volume stood at over 2.3 million shares, against a daily average of about 646,000.Price: $7.88, Change: $-1.35, Percent Change: -14.63%