Quhuo (QH) AI Stock Analysis

• Market Cap: $112.22K
• Dividend Yield: N/A
• Average Volume (3M): 3.71M
• Price to Earnings (P/E): <0.1
• Beta (1Y): 3.03
• Revenue Growth: -28.50%
• EPS Growth: N/A
• Country: US
• Employees: 421
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): N/A
• Shares Outstanding: 5,191,405
• 10 Day Avg. Volume: 5,622,822
• 30 Day Avg. Volume: 3,712,282
• PEG Ratio: -2.95
• Price to Book (P/B): 1.72
• Price to Sales (P/S): 0.26
• P/FCF Ratio: -36.53
• Enterprise Value/Market Cap: 1.32K
• Enterprise Value/Revenue: 0.06
• Enterprise Value/Gross Profit: 2.79
• Enterprise Value/Ebitda: -1.60
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $0.90 ▼(-19.28% Downside)
• Action: Reiterated Date: 12/20/25
• Date: Action: Reiterated 12/20/25

Quhuo's overall stock score reflects significant financial challenges, with declining revenue and profitability issues being the most impactful factors. Technical analysis indicates bearish trends, further weighing on the score. While the valuation suggests potential undervaluation, it is overshadowed by the company's financial instability. Mixed earnings call sentiment and new partnerships provide some optimism but are insufficient to offset the broader challenges.

Positive Factors

Segment Growth - Housekeeping & Accommodation

Sustained high growth in housekeeping and accommodation is a durable structural shift that diversifies Quhuo away from pressured delivery revenue. Rapid segment expansion and outsized gross profit gains indicate scalable product-market fit and the potential to improve consolidated margins over the medium term.

International Expansion & High-Margin Projects

Improving international margins and profitable project-level outcomes show the company can replicate higher-margin services outside core markets. Partnered projects and export businesses create diversified revenue channels and higher-margin pockets, supporting longer-term profitability if scaled responsibly.

Manageable Leverage & Stable Capital Structure

Low leverage provides financial flexibility to invest in growing segments and weather short-term losses. A balanced debt-equity mix reduces interest burden risk and supports funding of strategic initiatives without immediate refinancing pressure, strengthening resilience over the coming months.

Negative Factors

Declining Revenue & Negative Margins

Persistent revenue decline and very low gross margins undermine scale economics for a marketplace business. Weak top-line trends reduce leverage on fixed costs, impede margin recovery, and make sustained profitability dependent on structural improvements in unit economics or significant revenue re-acceleration.

Weak Cash Generation

Ongoing negative operating and free cash flow constrains reinvestment and increases reliance on external funding or equity compensation. Poor cash generation limits ability to scale profitable segments, raises liquidity risk during downturns, and necessitates urgent operational fixes to restore sustainable cash conversion.

Governance & Dilution Risk from Large Equity Grants

Massive equity issuance for incentives presents meaningful dilution risk and may signal dependence on equity to retain talent. Combined with recent board turnover and governance adjustments, this raises long-term investor concerns about oversight, share count growth, and alignment between existing shareholders and management.

Quhuo Business Overview & Revenue Model

Company Description

Quhuo (QH) is a leading service platform in China that specializes in the provision of on-demand labor and logistics solutions. The company operates primarily in the gig economy sector, connecting businesses and individuals with a flexible workforce for various services including delivery, housekeeping, and other localized tasks. Quhuo aims to enhance efficiency in labor deployment through its technology-driven platform, catering to the increasing demand for flexible workforce solutions across multiple industries.

How the Company Makes Money

Quhuo generates revenue through multiple streams, primarily by charging service fees for the labor provided through its platform. This includes a commission on the earnings of gig workers, as well as fees from businesses that leverage the platform for staffing needs. Additionally, the company may engage in partnerships with enterprises looking to outsource their labor needs, thereby securing contracts that contribute to its revenue. The scalability of its platform allows Quhuo to capitalize on the growing trend of on-demand services, while also offering value-added services that can enhance client relationships and increase earnings.

Quhuo Financial Statement Overview

Summary

Quhuo faces financial challenges with declining revenue and negative profitability margins. The balance sheet is stable in terms of leverage but lacks strong returns on equity. Cash flow issues are evident, with negative operating and free cash flows. Improvement is needed in revenue growth, profitability, and cash flow management.

Income Statement

Quhuo's income statement reveals declining revenue with a negative growth rate of -8.72% in TTM. The company struggles with profitability, evidenced by a negative net profit margin of -3.24% and negative EBIT and EBITDA margins. The gross profit margin is low at 1.53%, indicating challenges in cost management. Overall, the income statement reflects financial instability and a need for strategic improvements.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.26, suggesting manageable leverage. However, the return on equity is low at 0.49%, indicating limited profitability from shareholder investments. The equity ratio stands at 48.52%, reflecting a stable capital structure. While the company maintains a reasonable balance between debt and equity, profitability remains a concern.

Cash Flow

Quhuo's cash flow statement highlights significant challenges, with negative operating cash flow and free cash flow in TTM. The free cash flow growth rate is negative, and the operating cash flow to net income ratio is -0.12, indicating inefficiencies in cash generation. Despite a free cash flow to net income ratio above 1, the overall cash flow position is weak, necessitating improved cash management strategies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Mar 2021
Income Statement
Total Revenue	2.56B	3.05B	3.70B	3.82B	4.03B	2.58B
Gross Profit	53.03M	73.71M	166.61M	252.69M	175.60M	192.51M
EBITDA	-92.22M	9.07M	-4.36M	55.16M	-50.52M	-3.54M
Net Income	2.14M	2.71M	3.33M	-13.13M	-157.91M	3.43M
Balance Sheet
Total Assets	848.34M	867.03M	1.03B	1.06B	1.15B	1.13B
Cash, Cash Equivalents and Short-Term Investments	30.88M	63.20M	113.56M	159.80M	207.42M	299.38M
Total Debt	123.83M	122.01M	105.53M	71.12M	155.19M	111.30M
Total Liabilities	440.84M	406.41M	526.66M	558.04M	661.94M	527.73M
Stockholders Equity	411.50M	464.72M	506.19M	501.16M	470.94M	556.29M
Cash Flow
Free Cash Flow	-15.22M	-21.84M	-130.11M	61.98M	-111.63M	-51.28M
Operating Cash Flow	-14.58M	-14.74M	-97.28M	74.72M	-30.89M	11.11M
Investing Cash Flow	-3.31M	934.00K	18.38M	77.21M	-110.41M	-187.08M
Financing Cash Flow	10.41M	32.42M	24.22M	-82.14M	68.67M	153.09M

Quhuo Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.11
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QH, the sentiment is Negative. The current price of 1.11 is above the 20-day moving average (MA) of 0.81, above the 50-day MA of 0.95, and below the 200-day MA of 30.81, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 24.30 is Positive, neither overbought nor oversold. The STOCH value of 1.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QH.

Quhuo Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
QH	49 Neutral	$112.22K	0.05	0.62%	―	-28.50%	―
ULY	47 Neutral	$4.43M	-0.10	―	―	-17.95%	-124.63%
AGMH	46 Neutral	$2.68M	0.03	95.31%	―	-19.32%	―
VS	44 Neutral	$4.02M	-1.96	-16.34%	―	2281.70%	90.92%
TGL	43 Neutral	$7.84M	-0.05	-269.14%	―	-73.83%	98.11%

Quhuo Corporate Events

Quhuo Restructures Audit Committee After Director Resignation, Relies on Cayman Exemption

On January 27, 2026, Quhuo Limited disclosed that director Jing Zhou resigned from the board and from the audit, compensation, and nomination committees, prompting changes to its board structure. Following her departure, the audit committee now comprises two independent directors, Jie Jiao and Jingchuan Li, with the board determining that both meet U.S. Exchange Act and Nasdaq independence standards and that Jiao qualifies as an audit committee financial expert. To address the shortfall from Nasdaq’s typical three-member audit committee requirement, Quhuo will rely on a home-country practice exemption under Cayman Islands law, formally confirming that its audit committee will operate with two independent directors, a governance adjustment that may be closely watched by investors and regulators concerned with oversight and compliance.

The most recent analyst rating on (QH) stock is a Hold with a $0.86 price target. To see the full list of analyst forecasts on Quhuo stock, see the QH Stock Forecast page.

Quhuo Announces Board Resignation and New Terms for Independent Directors

On January 21, 2026, Quhuo Limited reported that director Jing Zhou resigned from the board and from its audit, compensation and nomination committees, citing personal reasons and indicating no disagreement with the company, marking a shift in its board composition. On the same date, the company entered into new independent director agreements with its existing independent directors, Jingchuan Li and Jie Jiao, formally setting their service terms to run through July 8, 2026 while maintaining their current compensation and eligibility under the share incentive plan, a move that clarifies governance arrangements and provides greater certainty around board independence and continuity for investors and other stakeholders.

The most recent analyst rating on (QH) stock is a Sell with a $0.84 price target. To see the full list of analyst forecasts on Quhuo stock, see the QH Stock Forecast page.

Quhuo Issues 990 Million Class A Shares Under 2025 Employee Incentive Plan

On January 14, 2026, Quhuo Limited issued 990,000,000 Class A ordinary shares to certain employees under its 2025 Share Incentive Plan, significantly expanding its equity-based compensation to staff. The shares were issued in a private transaction exempt from U.S. Securities Act registration, underscoring Quhuo’s use of large-scale stock incentives to align employee interests with shareholders and potentially influence its capital structure and dilution profile for existing investors.

The most recent analyst rating on (QH) stock is a Sell with a $0.90 price target. To see the full list of analyst forecasts on Quhuo stock, see the QH Stock Forecast page.

Quhuo Launches Expanded 2025 Share Incentive Plan, Replacing 2024 Scheme

On December 11, 2025, Quhuo Limited adopted a new 2025 Share Incentive Plan, authorized by its board of directors and effective the same day, to grant equity awards in the form of Class A and Class B shares to directors, employees, consultants and other eligible individuals, with an initial pool of up to 990,000,000 Class A shares and 1,200,000 Class B shares and a ten-year term. The introduction of the 2025 plan, which replaces the company’s 2024 share incentive plan while preserving existing outstanding awards, underscores Quhuo’s continued use of large-scale, equity-based incentives as a key tool for motivating and retaining talent and could meaningfully influence its future share issuance and dilution profile for investors.

The most recent analyst rating on (QH) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Quhuo stock, see the QH Stock Forecast page.