EHang: Explosive Growth Forecast (Rating Upgrade)

Alones Creative In Q2 2024, EHang (NASDAQ:EH) reported a nine-fold increase in unit sales of its EH-216 aircraft, a 920% increase in revenue and continued positive cash flow. Management guided to future 3 figure percentage revenue growth and expect this explosive growth to last for three to five years. In this article, I look at the probability that this explosive growth will continue and try to estimate when and if EHang can make a profit, eventually deciding that EHang is undervalued by more than 100%. Th ...