EHang's Q2 Sales and FY25 Outlook Cut, Shares Under Pressure

EHang's shares are under pressure after the company cut its FY25 outlook and reported disappointing Q2 sales. The electric vertical take-off and landing (eVTOL) maker missed Wall Street expectations, leading to a decline in its stock. EHang's Q2 sales fell short of estimates, and the company's FY25 outlook was reduced. The company's performance has raised concerns about the eVTOL market and its growth prospects.

EHang Holdings (NASDAQ: EH), a leading electric vertical take-off and landing (eVTOL) maker, has seen its shares fall 8.88% to $16.21 premarket, following a significant cut in its fiscal year 2025 (FY25) revenue forecast and disappointing second quarter (Q2) sales. The company's shares have been under pressure due to the market's concerns about the eVTOL market and its growth prospects.

EHang reported Q2 revenues of 147.2 million yuan, falling short of analysts' estimates of 181 million yuan [1]. The company attributed the lower-than-expected sales to its focus on expanding commercial eVTOL operations and building scalable demonstration models. This shift in strategy has led to a reduction in its FY25 revenue forecast from approximately 900 million yuan to about 500 million yuan, equivalent to $69.90 million [1].

The company's stock has been volatile, rising by approximately 13% year-to-date (YTD) up to the previous close. However, the latest developments have put downward pressure on the stock, reflecting the market's concern about the company's financial performance and growth prospects.

EHang's performance has raised questions about the broader eVTOL market. The company's challenges may indicate broader industry issues, such as regulatory hurdles, technological challenges, or market demand uncertainties. The eVTOL market is still in its early stages, and companies in this sector are navigating a complex landscape of regulatory requirements and technological advancements.

Investors and financial professionals should closely monitor EHang's future financial reports and any updates on its commercial eVTOL operations to assess the company's ability to meet its revised revenue targets and regain investor confidence.

References:
[1] Reuters. "EHang Tumbles on FY Revenue Forecast Cut." TradingView, 2025. https://www.tradingview.com/news/reuters.com,2025:newsml_L4N3UI0NB:0-ehang-tumbles-on-fy-revenue-forecast-cut/
[2] Seeking Alpha. "EHang Shares Under Pressure as Company Cuts FY25 Outlook." 2025. https://seekingalpha.com/news/4489109-ehang-shares-under-pressure-as-company-cuts-fy25-outlook