Promising Growth Forecasts Leading to Analysts’ Optimism for Ehang Holdings (EH)

Ehang Holdings Ltd. (NASDAQ:EH) is 1 of the astir promising small-cap concern stocks nether $50.

On December 2, DBS expert Jason Sum reaffirmed his bullish presumption connected Ehang Holdings Ltd. (NASDAQ:EH). He assigned a Buy standing to the banal and has estimated a people terms of $24. Sum’s forecasts pb to an astir 80% upside for the banal from the existent level.

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The statement 1-year median terms people for Ehang Holdings Ltd. (NASDAQ:EH) is $21, resulting successful an upside of supra 53%. These forecasts stem from 3 expert ratings assigned to the banal arsenic of December 22 closing. 2 analysts gave Buy calls, and 1 was a Hold call.

In its third-quarter net call, the absorption highlighted the palmy completion of much than 80,000 flights astir the world. They besides emphasized their plans to grow operations crossed Southeast Asia and the Gulf. On the merchandise improvement front, the institution is taking strides with a beardown bid backlog for its well-diversified merchandise premix that includes drone airy shows, firefighting variants, and logistics aircraft.

During the net call, absorption besides mentioned that superior reserves for the institution presently transcend RMB 1.13 billion. This gives Ehang Holdings Ltd. (NASDAQ:EH) capable fiscal spot to marque R&D and different commercialized investments successful the future.

Ehang Holdings Ltd. (NASDAQ:EH) offers an autonomous aerial conveyance (AAV) exertion level to guarantee accessible, secure, and eco-friendly aerial mobility for everyone. Apart from an extended merchandise portfolio comprising EH216 series, VT series, Falcon B, and GD series, their work offerings besides see rider transportation, logistics, and aerial media solutions.

While we admit the imaginable of EH arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.