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QH (Quhuo Limited) NASDAQ falls 88% after hours: implications for investors

February 28, 2026
6 min read
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QH stock plunged 88.58% in after-hours trading on 27 Feb 2026, finishing the session at $0.13 (last trade $0.1279) on the NASDAQ in the United States. Volume spiked to 17,865,224 shares versus an average of 361,460, signaling heavy selling pressure. The one-day move erased most of the market value after the prior close of $1.12 and follows outsized volatility for Quhuo Limited (QH). We review why the market sold off, what the company’s key ratios show, and where analysts and Meyka AI see the stock heading next

QH stock: Market reaction and price action

Quhuo Limited (QH) on NASDAQ fell from an open of $0.18 to a day low of $0.11 before settling at $0.13, a decline of -88.58% on heavy volume of 17,865,224 shares. The collapse widened the gap versus its 50-day average $1.04 and 200-day average $34.16, highlighting extreme recent volatility.

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This trade volume is 49.4x its average daily volume, a clear signal that institutional or forced sellers were active. Investors should note the stock trades in USD and the company is an ADR listed for U.S. investors on the NASDAQ.

QH stock earnings and catalysts

QH’s next reported earnings date is 2026-04-27, which could be a major catalyst for price recovery or more weakness. The company’s reported EPS metric in the dataset is 75.55, while trailing PE is not meaningful given the recent price collapse, forcing market watchers to focus on cash and balance-sheet metrics.

Newsflow, analyst notes, and any update to client contracts in China’s gig-economy services will drive sentiment before earnings. See market losers lists for today as context source.

QH stock: Financials and valuation

Key ratios show distorted valuation at the current micro-price: cash per share $30.99, book value per share $408.89, price to book 0.0033, and price to sales 0.0486. The current ratio is 1.27 and debt to equity is 0.30, indicating manageable leverage but weak operating cash flow per share -14.63.

These metrics suggest a mismatch between accounting book values and market pricing. Investors should treat PB and book-value signals cautiously because ADR dynamics, share count 90,829,411, and potential delisting risk affect price.

Meyka AI rates QH with a score out of 100 and forecast

Meyka AI rates QH with a score out of 100: 70.33 / 100 — Grade B+ — Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.

Meyka AI’s forecast model projects a yearly price of $2.91. Compared with the current price $0.1279, that implies an upside of roughly 2,174.50%. Forecasts are model-based projections and not guarantees.

QH stock technicals and trading setup

Short-term technical indicators show elevated volatility: RSI 62.69, ADX 29.83 (strong trend), ATR 0.11, and Bollinger middle band near $0.92. On-paper momentum readings are mixed while on-chain selling pushed price through prior short-term support.

For traders, intraday support sits near $0.10 and an initial recovery target would be $0.50, with a more conservative target at $2.50 if volume normalizes and company fundamentals improve.

QH stock risks and opportunities

Risk drivers include ADR liquidity shocks, regulatory concerns in China, earnings misses, and potential corporate actions that could further depress market value. Interest coverage is negative (-10.55) and operating cash flow per share is negative, which are red flags for conservative investors.

Opportunities: the large book value per share and cash per share create a theoretical tailwind if corporate restructuring or buybacks occur. Any positive earnings surprise or restored liquidity could trigger sharp rebounds given current low pricing.

Final Thoughts

QH stock’s -88.58% after-hours loss to $0.13 on 27 Feb 2026 was driven by heavy volume and extreme volatility. Short-term traders face a wide risk-reward range: immediate support is near $0.10, with tactical price targets at $0.50 (recovery) and $2.50 (fundamental reassessment). Meyka AI rates QH 70.33/100 (B+), Suggestion: BUY, while also cautioning that this grade uses benchmark and sector comparisons, financial growth, key metrics, and analyst signals. Meyka AI’s forecast model projects a yearly price of $2.91, implying roughly 2,174.50% upside from $0.1279; this is a model projection, not a guarantee. Given the gap between market price and reported book value per share $408.89, the trade is speculative and suited to investors who can tolerate high ADR volatility, short-term liquidity events, and binary regulatory or operational catalysts. Monitor the company’s April earnings announcement and U.S. ADR trading volume closely, and cross-check any trade with your own research and risk limits. For context on today’s market losers and the U.S. session, see StockAnalysis top losers and the broader U.S. market wrap Investing.com. Meyka AI is an AI-powered market analysis platform providing these insights.

FAQs

Why did QH stock drop after hours today?

QH stock fell due to heavy after-hours selling, a large uptick in volume (17,865,224 shares), and price gap versus prior close $1.12. Market reaction often reflects liquidity shocks and short-term sentiment rather than only fundamentals.

What is Meyka AI’s outlook for QH stock?

Meyka AI projects a yearly price of $2.91 and rates QH 70.33/100 (B+, BUY). The forecast implies substantial upside versus $0.1279, but forecasts are model-based projections and not guarantees.

What are the main risks for QH stock investors?

Key risks include ADR liquidity shortage, negative operating cash flow per share (-14.63), negative interest coverage (-10.55), and regulatory or market access issues in China. These can lead to sharp price swings.

Are there realistic price targets for QH stock?

Short-term technical targets are $0.10 (support) and $0.50 (recovery). A conservative fundamental target would be $2.50 if earnings and liquidity improve. Targets are scenario-based, not assured.

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
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