EHang (ADR) (EH)
Builds pilotless eVTOL aircraft and the operating stack for low-altitude services.
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Air-mobility solutions centered on EH216 aircraft drive the business, with smart-city and aerial-media offerings alongside them. Deliveries principally support Chinese trial tourism, testing, training, demonstrations, and trial operations.
Air-mobility solutions center on pilotless EH216 aircraft: the EH216-S for passenger service, alongside EH216-F firefighting and EH216-L logistics variants. Smart-city command-and-control systems and aerial-media solutions are adjacent offerings, while VT35 extends the product line toward longer-range, intercity use.
Deliveries are mainly used at Chinese tourism sites for testing, training, demonstrations, and trial operations. The EH216-S has completed CAAC aircraft and production certification steps, and two operator-certificate holders conduct internal trial commercial operations. Public ticketed flights still depend on additional CAAC operating and safety requirements, while VT35 remains in its own type-certification process.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | Morgan Stanley | Target | Target: $7.70 | Target: $5.30 |
| Aug 28, 2026 | DBS Bank | Downgrade | ||
| Jul 14, 2026 | Goldman Sachs | Downgrade | Target: — | Target: $7.30 |
| Jul 9, 2026 | Morgan Stanley | Reiterate | Rating: —Target: $27.50 | Target: $7.70 |
| Jul 8, 2026 | B of A Securities | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $134.9M · Total debt $86.5M · Total assets $276.2M · Shareholders' equity $135.6M
- Revenue
- $11.6M
- Operating income
- −$20.1M
- Net income
- −$19.2M
Reported in CNY, converted at the latest exchange rate
No dividends on record.
| Institutions | 48.96% | 18.17M ADS | |
|---|---|---|---|
| 90 holders · as of Jun 30, 2026 | |||
| Insiders | 8.59% | 3.19M ADS | |
| 7 holders · as of Apr 1, 2026 | |||
| Other | 42.45% | 15.75M ADS | |
| remainder | |||
37.11M ADS (1 ADS = 2 ordinary shares) as of Aug 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Dec 2020 annual report; nothing newer is on file here.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Axim Planning & WealthInstitution | 10.71% | 3.97M A ADS | as of Jun 30, 2026 |
FIL LtdInstitution | 6.05% | 2.25M A ADS | as of Jun 30, 2026 |
Susquehanna International Group, LLPInstitution | 4.66% | 1.73M A ADS | as of Jun 30, 2026 |
State Street CorpInstitution | 4.47% | 1.66M A ADS | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 4.34% | 1.61M A ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| EHang (ADR) | $4.68 | −1.06% | $175.5M | — | — | 3.4 | −44.1% |
| Joby Aviation | $6.37 | −0.61% | $6.31B | — | — | 54.2 | +257,493.3% |
| Archer Aviation | $5.64 | +3.86% | $4.12B | — | — | 597.8 | — |
| Eve | $2.13 | +1.67% | $728.0M | — | — | — | — |
| Vertical Aerospace | $0.6957 | +10.41% | $80.2M | — | — | — | — |
| BETA Technologies | $22.66 | +2.70% | $4.91B | — | — | 109.4 | — |
| Median | — | — | 109.4 | +257,493.3% |