BofA lowered the firm’s price target on EHang (EH) to $20 from $24 and keeps a Buy rating on the shares. Ehang reported Q2 sales that miss BofA estimates, mainly due to less-than-expected eVTOL deliveries, the analyst tells investors. Factoring in the Q2 miss and the updated eVTOL delivery guidance, the firm cut its 2025, 2026 and 2027 volume sales estimates 41%, 39% and 41%, respectively, but continues to expect Ehang to benefit significantly from the rapid development of the eVTOL aircraft industry in China.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EH:
- Ehang Holdings: Strategic Positioning and Growth Potential in the eVTOL Industry Drives Buy Rating
- EHang Holdings Reports Strong Q2 2025 Results
- Options Volatility and Implied Earnings Moves Today, August 26, 2025
- EHang Reports Strong Q2 2025 Results and Expands Operations
- EHang initiated with an Overweight at JPMorgan