EHang Intelligent Technology's stock price fell over 11%, hitting a new low in more than two months, and significantly lowered its full-year revenue guidance.
EHang Intelligent Technology's stock price fell by more than 11% at the beginning of the trading session, hitting a low of $15.8, a new low in more than two months. On the news front, EHang Intelligent Technology announced its second-quarter results, with revenue increasing by 44.2% year-on-year and 464% month-on-month to 147.2 million yuan; its net loss was 81 million yuan, compared with a net loss of 71.6 million yuan in the same period last year and a net loss of 78.4 million yuan in the first quarter. During the period, the company delivered 68 EH216 series vertical take-off and landing aircraft (eVTOL). In addition, the company adjusted its full-year revenue guidance for 2025 to approximately 500 million yuan, compared with the previous forecast of 900 million yuan and the analyst forecast of 863.3 million yuan.