Why EHang Holdings Stock Crashed Today
EHang was supposed to report $54 million in sales this quarter. It didn't even make it to $4 million.
Overview
Shares of Chinese electric vertical take-off and landing (eVTOL) company EHang Holdings (NASDAQ: EH) crashed to Earth on Tuesday, falling 23% through 12:10 p.m. ET after apparently missing analyst forecasts for sales by a wide margin this morning.
According to Yahoo! Finance data, Wall Street analysts expected EHang to report $53.9 million in sales for its first fiscal quarter of 2026. When the news actually came out, though, it turned out EHang had booked a mere $3.7 million in sales -- while losses grew significantly.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.