The average of price targets set by Wall Street analysts indicates a potential upside of 27.3% in Hesai Group Sponsored ADR (HSAI). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
China-based lidar manufacturer Hesai Group appealed a ruling on Monday upholding a U.S. government decision to add it to a list of companies allegedly working with Beijing's military.
I continue to rate Hesai as a Buy, following my evaluation of its recent quarterly performance and forward-looking management guide. HSAI's actual GAAP net loss of RMB 18M was better than the consensus forecast, as the company benefited from higher sales, expense reduction, and fixed-cost leverage effects. The group is still anticipating a robust revenue growth of +56% and a healthy 40% gross margin for full-year FY25.
Hesai Group is scaling rapidly with strong revenue growth, dominant market share, and new platform launches, but faces margin pressure and valuation excess. Short-seller attacks and geopolitical risks highlight investor uncertainty, despite operational execution and a potential Mercedes-Benz partnership as a strategic milestone. Margin compression looms for HSAI as high-volume, low-cost lidar units dominate shipments, while ASPs and profitability metrics remain under pressure.
Hesai Group (NASDAQ:HSAI ) Q1 2025 Earnings Conference Call May 26, 2025 9:00 PM ET Company Participants Yuanting Shi - Head, Capital Markets David Li - Chief Executive Officer Andrew Fan - Chief Financial Officer Conference Call Participants Tina Hou - Goldman Sachs Jessie Lo - Bank of America Tim Hsiao - Morgan Stanley Jia Lou - BOCI Sia Huang - SPDBI Joanna Ma - CMBI Operator Hello, ladies and gentlemen, thank you for standing by. Welcome to Hesai Group's First Quarter 2025 Earnings Conference Call.
Here is how Hesai Group Sponsored ADR (HSAI) and Suzuki Motor (SZKMY) have performed compared to their sector so far this year.
China's Hesai Group will in 2026 launch a next-generation lidar for level 3 autonomous driving cars with double the detection distance of its best-selling AT128, CEO David Li said on Monday.
Subscribers to Chart of the Week received this commentary on Sunday, March 23.
Hesai Group HSAI stock is under pressure Tuesday after short seller Blue Orca Capital targeted the company in a new report alleging Hesai Group is actively lying to investors.
David Li, CEO of Chinese lidar maker Hesai Technology says the impact of U.S. tariffs on the company is manageable as the U.S. accounts for under 10% of its revenue, adding he's confident that clients will prioritize safety over cost.
Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai's lidar sensors, a person with direct knowledge said, the first time a foreign automaker has sought to use such Chinese-made technology for models sold outside China.
Hesai Group (NASDAQ:HSAI ) Q4 2024 Earnings Conference Call March 10, 2025 9:00 PM ET Company Participants Yuanting Shi - Investor Relations David Li - Co-Founder & CEO Andrew Fan - CFO Conference Call Participants Tim Hsiao - Morgan Stanley Tina Hou - Goldman Sachs Jessie Lo - BofA Securities Zhang Yu - Huatai Securities Sia Huang - SPDBI Operator Hello, ladies and gentlemen. Thank you for standing by.