Latest news with #EH
Yahoo
28-05-2025
- Business
- Yahoo
BofA Securities Trims EHang (EH) PT to $24 Following Q1 Sales Miss
On Tuesday, Bank of America Securities analyst Fiona Liang reiterated a Buy rating on EHang Holdings Limited (NASDAQ:EH), but reduced the price target from $26 to $24. This adjustment follows EHang's Q1 2025 financial results, which reported lower-than-expected sales of RMB 26 million. This figure represents a significant decline of 58% year-over-year and 84% sequentially. A modern commercial jet airliner decorated with the company logo in flight against a clear blue sky. The shortfall was primarily attributed to fewer electric vertical take-off and landing (eVTOL) deliveries, with only 11 units delivered compared to the anticipated 60 units, as well as extended internal budgeting processes for procurement from local governments and a cautious approach from customers awaiting the Operational Certificate/OC, which EHang obtained in late March 2025. Despite these setbacks, EHang's management remains optimistic about achieving its 2025 revenue target due to a rebound in orders following the OC receipt. The company also saw an improvement in gross profit margin, which rose to 62.4% in Q1, continuing its track record of margins with a sustained gross profit margin of 61.37% over the last 12 months. EHang is expected to benefit from the development of the eVTOL industry in China, which could drive significant growth. EHang Holdings Limited (NASDAQ:EH) designs, develops, manufactures, sells, and operates UAVs (unmanned aerial vehicles), as well as supporting systems and infrastructure for various industries and applications. While we acknowledge the potential of EH to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than EH and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
27-05-2025
- Business
- Yahoo
EHang reports Q1 adjusted EPADS (RMB 0.42) vs. (RMB 0.16) last year
Reports Q1 total revenues were RMB 26.1M, or $3.6M, compared with RMB 61.7M in the first quarter of 2024 and RMB 164.3M in the fourth quarter of 2024. Sales and deliveries of EH216 series eVTOL were 11 units. Huazhi Hu, Founder, Chairman and Chief Executive Officer of EHang (EH), said: 'In the first quarter of 2025, EHang reached a defining moment in our path toward commercial urban air mobility. The official issuance of Air Operator Certificates to EH216-S operators by the CAAC marked the approval for commercial human-carrying pilotless eVTOL flight services in China, a significant milestone for both EHang and the low-altitude economy, making urban air mobility accessible to the public. In parallel, we are excited that our next-gen VT35, a long-range lift-and-cruise pilotless eVTOL model, is progressing into type certification process by the CAAC. This model will expand our product portfolio beyond the EH216 series in urban air mobility, enabling broader application scenarios in long-range regional air mobility in the future. Looking ahead, EHang will continue to push the boundaries of innovation and expand our commercial operations gradually. We are confident in our ability to shape the future of air mobility and maintain our leadership in this sector.' Conor Yang, Chief Financial Officer of EHang, added: 'In the first quarter of 2025, we recorded a revenue decline, primarily due to the timing of customer procurement plans aligning with the issuance of the first OCs at the end of March. However, we are encouraged by the rebound in the second quarter, with sales and deliveries ramping up. Against the backdrop of recent geopolitical tensions and global market volatility, our operations have not been impacted by tariff measures. We are also exploring potential options for a listing outside the United States, in addition to our existing primary listing on Nasdaq.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on EH: Disclaimer & DisclosureReport an Issue Options Volatility and Implied Earnings Moves Today, May 26, 2025 EH Earnings Report this Week: Is It a Buy, Ahead of Earnings? Unusually active option classes on open May 23rd TipRanks' AI Says Skip Archer (ACHR) — This Flying Car Stock Is the Real Winner Caterpillar, First Solar, Enphase, Ehang, Rivian: Trending by Analysts Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
EHang Holdings Ltd (EH) Q1 2025 Earnings Call Highlights: Navigating Challenges and Seizing ...
Revenue: RMB26.1 million in Q1 2025. Gross Profit: RMB16.3 million in Q1 2025. Gross Margin: 62.4% in Q1 2025. Total Operating Expenses: RMB110 million in Q1 2025. Adjusted Operating Expenses: RMB63.6 million in Q1 2025. Adjusted Net Loss: RMB31.1 million in Q1 2025. Cash, Restricted Deposits, and Short-term Investments: RMB1.11 billion as of March 31, 2025. Annual Revenue Guidance: RMB900 million for 2025. Warning! GuruFocus has detected 2 Warning Signs with EH. Release Date: May 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. EHang Holdings Ltd (NASDAQ:EH) achieved a major regulatory milestone with the issuance of air operator certificates for human-carrying pilotless aerial vehicles, marking the start of commercial operations in China's low-altitude economy. The company completed the final assembly of its next-generation VT35 model, which features significant upgrades and is undergoing full-scale flight testing, with type certification application accepted by the CAAC. EHang Holdings Ltd (NASDAQ:EH) is expanding its production capacity, with the Yunfu facility doubling in size and additional assembly facilities being built in Hefei and Weihai to support future demand. The company has a strong focus on R&D, holding over 700 issued and pending patents, and is collaborating with academic institutions to drive innovation in autonomous aerial vehicle technologies. EHang Holdings Ltd (NASDAQ:EH) is actively expanding its international presence, with successful flight demonstrations in Spain and Mexico, and plans to launch commercial operations in Thailand. EHang Holdings Ltd (NASDAQ:EH) experienced a decline in Q1 2025 revenues compared to the previous year and quarter, primarily due to decreased sales volume of EH216 series products. The company faced a seasonal slowdown in deliveries during Q1, impacted by winter months and the Chinese New Year holiday, as well as delays in customer orders pending OC certification. Operating expenses in Q1 were high, although there was a quarter-on-quarter decrease, reflecting the company's ongoing expansion and recruitment efforts. The adjusted net loss for Q1 was RMB31.1 million, driven by a decline in deliveries, although the company expects financial performance to improve in subsequent quarters. EHang Holdings Ltd (NASDAQ:EH) faces competition from peers with different aircraft designs, and some competitors have applied for type certification ahead of the VT35, potentially impacting market positioning. Q: Could you provide an outlook on when we might see significant growth in sales and deliveries, given the unchanged revenue guidance of RMB900 million for 2025? A: Q1 performance declined due to seasonal factors and customers delaying orders until after OC certification. However, post-certification, internal data shows improvements in Q2 delivery volumes and sales. Large orders from various provinces will begin converting into contracts and deliveries starting from Q2. Thus, we maintain our full-year revenue guidance of RMB900 million. Q: How long does it take for EH216 owners to get the operating certificate, and how many more operators might get approval for commercial operations this year? A: The OC issuance clarifies regulatory standards, reducing application timelines for future operators. Many of our customers are currently in the application process, and we expect more operators to receive approval this year, translating into more deliveries and scaled operations. Q: How does EHang plan to stay competitive against peers with different designs and earlier type certification applications? A: Urban air mobility and intra-city air transport serve different markets. Our 216S multi-copter configuration is compact, enabling larger scale deployment in urban environments. It is cost-effective, selling for significantly less than competitors' aircraft. Our autonomous flight approach eliminates pilot costs, and we are continuously developing technology and products to maintain competitiveness. Q: When are we expecting formal commercial operations to commence in Guangzhou and Hefei? A: Both operators in Guangzhou and Hefei are conducting trial operations following OC certification. Safety remains paramount, and we are implementing a phased operational approach. Once sufficient operational experience is accumulated, operators will open public sales. Q: What is the progress on the VT35 airworthiness certification and international market expansion? A: The VT35 assembly is complete, and it is undergoing comprehensive flight testing. The CAAC has accepted our type certificate application, and we expect an accelerated certification process. Internationally, we have conducted successful flight demos in Spain and Mexico, and plan to launch commercial operations in Thailand soon. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
27-05-2025
- Business
- Yahoo
EHang Holdings Ltd (EH) Q1 2025 Earnings Call Highlights: Navigating Challenges and Seizing ...
Revenue: RMB26.1 million in Q1 2025. Gross Profit: RMB16.3 million in Q1 2025. Gross Margin: 62.4% in Q1 2025. Total Operating Expenses: RMB110 million in Q1 2025. Adjusted Operating Expenses: RMB63.6 million in Q1 2025. Adjusted Net Loss: RMB31.1 million in Q1 2025. Cash, Restricted Deposits, and Short-term Investments: RMB1.11 billion as of March 31, 2025. Annual Revenue Guidance: RMB900 million for 2025. Warning! GuruFocus has detected 2 Warning Signs with EH. Release Date: May 26, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. EHang Holdings Ltd (NASDAQ:EH) achieved a major regulatory milestone with the issuance of air operator certificates for human-carrying pilotless aerial vehicles, marking the start of commercial operations in China's low-altitude economy. The company completed the final assembly of its next-generation VT35 model, which features significant upgrades and is undergoing full-scale flight testing, with type certification application accepted by the CAAC. EHang Holdings Ltd (NASDAQ:EH) is expanding its production capacity, with the Yunfu facility doubling in size and additional assembly facilities being built in Hefei and Weihai to support future demand. The company has a strong focus on R&D, holding over 700 issued and pending patents, and is collaborating with academic institutions to drive innovation in autonomous aerial vehicle technologies. EHang Holdings Ltd (NASDAQ:EH) is actively expanding its international presence, with successful flight demonstrations in Spain and Mexico, and plans to launch commercial operations in Thailand. EHang Holdings Ltd (NASDAQ:EH) experienced a decline in Q1 2025 revenues compared to the previous year and quarter, primarily due to decreased sales volume of EH216 series products. The company faced a seasonal slowdown in deliveries during Q1, impacted by winter months and the Chinese New Year holiday, as well as delays in customer orders pending OC certification. Operating expenses in Q1 were high, although there was a quarter-on-quarter decrease, reflecting the company's ongoing expansion and recruitment efforts. The adjusted net loss for Q1 was RMB31.1 million, driven by a decline in deliveries, although the company expects financial performance to improve in subsequent quarters. EHang Holdings Ltd (NASDAQ:EH) faces competition from peers with different aircraft designs, and some competitors have applied for type certification ahead of the VT35, potentially impacting market positioning. Q: Could you provide an outlook on when we might see significant growth in sales and deliveries, given the unchanged revenue guidance of RMB900 million for 2025? A: Q1 performance declined due to seasonal factors and customers delaying orders until after OC certification. However, post-certification, internal data shows improvements in Q2 delivery volumes and sales. Large orders from various provinces will begin converting into contracts and deliveries starting from Q2. Thus, we maintain our full-year revenue guidance of RMB900 million. Q: How long does it take for EH216 owners to get the operating certificate, and how many more operators might get approval for commercial operations this year? A: The OC issuance clarifies regulatory standards, reducing application timelines for future operators. Many of our customers are currently in the application process, and we expect more operators to receive approval this year, translating into more deliveries and scaled operations. Q: How does EHang plan to stay competitive against peers with different designs and earlier type certification applications? A: Urban air mobility and intra-city air transport serve different markets. Our 216S multi-copter configuration is compact, enabling larger scale deployment in urban environments. It is cost-effective, selling for significantly less than competitors' aircraft. Our autonomous flight approach eliminates pilot costs, and we are continuously developing technology and products to maintain competitiveness. Q: When are we expecting formal commercial operations to commence in Guangzhou and Hefei? A: Both operators in Guangzhou and Hefei are conducting trial operations following OC certification. Safety remains paramount, and we are implementing a phased operational approach. Once sufficient operational experience is accumulated, operators will open public sales. Q: What is the progress on the VT35 airworthiness certification and international market expansion? A: The VT35 assembly is complete, and it is undergoing comprehensive flight testing. The CAAC has accepted our type certificate application, and we expect an accelerated certification process. Internationally, we have conducted successful flight demos in Spain and Mexico, and plan to launch commercial operations in Thailand soon. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
26-05-2025
- Business
- Yahoo
BAESY vs. EH: Which Stock Is the Better Value Option?
Investors with an interest in Aerospace - Defense Equipment stocks have likely encountered both Bae Systems PLC (BAESY) and EHang Holdings Limited Unsponsored ADR (EH). But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Currently, Bae Systems PLC has a Zacks Rank of #2 (Buy), while EHang Holdings Limited Unsponsored ADR has a Zacks Rank of #3 (Hold). This system places an emphasis on companies that have seen positive earnings estimate revisions, so investors should feel comfortable knowing that BAESY is likely seeing its earnings outlook improve to a greater extent. However, value investors will care about much more than just this. Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. BAESY currently has a forward P/E ratio of 25.14, while EH has a forward P/E of 308.36. We also note that BAESY has a PEG ratio of 2.11. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. EH currently has a PEG ratio of 7.60. Another notable valuation metric for BAESY is its P/B ratio of 5.01. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, EH has a P/B of 9.31. These metrics, and several others, help BAESY earn a Value grade of B, while EH has been given a Value grade of F. BAESY stands above EH thanks to its solid earnings outlook, and based on these valuation figures, we also feel that BAESY is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Bae Systems PLC (BAESY) : Free Stock Analysis Report EHang Holdings Limited Unsponsored ADR (EH) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
