Analysts cut targets for EHang stock as regulation slows rollout

Published on 10/14/2026 at 00:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

EHang expanded Vietnam on September 29, 2026. EHang stock gets a USD 6.70 target after RMB 77.9 million Q2 revenue.

Regulatory path and estimates

Goldman Sachs, Morgan Stanley and Bank of America lowered EHang targets between July and October 2026.
Second-quarter revenue reached RMB 77.9 million, down 31.30 percent year over year.
Vietnam became the second country in EHang's Global Fast Track Program on September 29, 2026.

EH, US26853E1029, Illustration mit AI erstellt.

Analysts cut targets for EHang stock as regulatory timing lengthened, with Morgan Stanley lowering its target from USD 7.70 to USD 5.30 and Goldman Sachs cutting its target from USD 16.90 to USD 7.30, according to Yahoo Finance on October 9, 2026. Bank of America also reduced its target from USD 5.40 to USD 5.10 in the same report.

Quarterly figures show the pressure

Yahoo Finance reported that EHang generated RMB 77.9 million of revenue in the second quarter of 2026, down 31.30 percent from RMB 113.3 million in the second quarter of 2025 but up 203.50 percent from RMB 25.7 million in the first quarter of 2026. The company delivered 35 EH216-S aircraft and one VT35 in that quarter.

Gross margin was 61.20 percent in the second quarter of 2026, compared with 61.50 percent a year earlier. Adjusted net loss improved to RMB 58.5 million from RMB 75.6 million in the first quarter of 2026, while EHang withdrew its RMB 600 million full-year 2026 revenue guidance because regulatory policies were still evolving.

Three dated steps toward commercialization

On June 30, 2026, EHang closed the second quarter with RMB 77.9 million in revenue and 36 aircraft deliveries, according to Yahoo Finance. On August 25, 2026, management said its international footprint had reached 23 countries and that Thailand was conducting validation flights.

On September 29, 2026, Vietnam became the second country in EHang's Global Fast Track Program after Sri Lanka. The company said in its EHang release that Hanoi would host a proposed regulatory sandbox for EH216-S testing, while controlled flights remain subject to approval.

What dates matter next?

EHang's investor-relations calendar lists Citi's 2026 China Conference for November 11 through November 13, 2026, while an earnings calendar lists the third-quarter 2026 announcement for November 25, 2026. The dates place regulatory execution and the next financial update ahead of the company's planned commercial milestones.

Nasdaq context for EH stock

EH was last at USD 3.82 on Nasdaq on October 13, 2026 at 4:00 p.m. ET. The finance quote showed a 52-week range of USD 3.81 to USD 19.02, a market capitalization of USD 141.8 million and volume of 749,255 shares.