The VT-30 has wings and uses tilting rotors that provide both lift and thrust, it has a much longer range than the EH-216 and is aimed at the air taxi market. Both planes are autonomous two-seaters and have multiple pre-orders in place. The AircraftĮHang is developing two aircraft, the multicopter EH-216 available in three variations, and the tilt and thrust VT-30. I believe EH is a bargain not to be missed. As a result of the short-seller attack, EHang shares are trading at a considerable discount just as the company is moving into its rapid growth phase.
EHANG DRONE STOCK FULL
I believe that the Wolfpack document is full of biased and misleading commentary, untruths, and unsupported accusations that do not stand up to scrutiny. The stock fell 60% on the report's publication and has never recovered. It used expert witness testimony to denigrate the EHang aircraft saying they were using hobby drone engines, were poorly made, and without autonomous capability.
EH has perpetuated its story with a collection of lies about its products, manufacturing, revenues, partnerships, and potential regulatory approval of its purported main business, an “autonomous” aerial vehicle Is an elaborate stock promotion, built on largely fabricated revenues based on sham sales contracts. In February 2021, Wolfpack Research released a short-seller report claiming that EHang: I will look at why I think it is so cheap and then explain my fair value calculation.įair Value EHang shares (USD) (Author Model) I think EHang is significantly undervalued, I give it a fair value of $30 per share against a current price of $8.31 (13th July). In this third article, I am recommending buying EHang.
EHANG DRONE STOCK SERIES
I do intend to complete this series of articles writing about the remaining eVTOL companies. My second article, about Archer ( ACHR), was very bearish. I first wrote about Joby ( JOBY) and recommended buying. I believe the market for this product is going to be huge, and that some of the companies involved are going to bestow outsized returns on investors.īelow you can see some of my research as I look at each company in turn and make a decision on investing. This is the third article I have written on eVTOL companies. EHang expects to receive complete type certification for its autonomous aircraft next quarter and to begin commercial operations this year. Earlier this year, EH became the first to be granted special-conditions approval from a regulator. It remains the only eVTOL to have sold any aircraft (more than 100).
It was the first to go public when it was listed on the NASDAQ in 2019 and has completed more flights than any competitor.
EHang Holdings Limited ( NASDAQ: EH) is arguably the world's foremost eVTOL company.
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