BofA analyst Fiona Liang lowered the firm’s price target on EHang (EH) to $16 from $17 and keeps a Buy rating on the shares after the company reported Q4 results. Factoring in the Q4 results beat and the updated eVTOL delivery guidance, the firm cut its 2026 and 2027 volume sales forecasts by 24% and 27%, respectively.
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- EHang Posts First GAAP-Profitable Quarter and Prepares EH216-S Commercial Launch in China
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- EHang Names Founding Engineer Shuai Feng as CTO to Drive Next Phase of AAM Commercialization
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