Ehang Holdings, the Industrials sector company, was revisited by a Wall Street analyst yesterday. Analyst Wayne Fung from CMB International Securities maintained a Buy rating on the stock and has a $27.70 price target.
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Wayne Fung has given his Buy rating due to a combination of factors that highlight EHang Holdings’ potential for future growth. Despite a recent reduction in revenue guidance for the current year, EHang’s management has emphasized that this adjustment is driven by a focus on safety rather than a lack of demand. The company has shown a strong recovery in its eVTOL aircraft deliveries, with a significant year-over-year increase in the second quarter of 2025.
Furthermore, EHang is poised for accelerated growth in 2026, supported by its structural growth potential in both domestic and international markets. The development of the next-generation VT35 eVTOL and the anticipated launch of public-facing commercial operations this year are promising steps forward. These strategic initiatives, combined with a maintained net cash position and a revised valuation base for 2026, underpin Wayne Fung’s positive outlook and Buy rating for EHang Holdings.
In another report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a $24.80 price target.