Hesai Group (HSAI) Projected to Post Quarterly Earnings on Monday

Hesai Group (NASDAQ:HSAI - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Monday, May 19th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $532.16 million for the quarter.

Hesai Group Stock Performance

NASDAQ HSAI opened at $16.36 on Monday. The stock has a fifty day simple moving average of $16.32 and a 200-day simple moving average of $13.46. Hesai Group has a twelve month low of $3.52 and a twelve month high of $24.18. The stock has a market cap of $2.15 billion, a PE ratio of -37.18, a P/E/G ratio of 1.44 and a beta of 1.18. The company has a current ratio of 3.08, a quick ratio of 2.65 and a debt-to-equity ratio of 0.08.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on HSAI shares. Daiwa America upgraded Hesai Group to a "strong-buy" rating in a research note on Tuesday, March 11th. Morgan Stanley cut Hesai Group from an "overweight" rating to an "equal weight" rating and lifted their price objective for the company from $5.80 to $15.00 in a research note on Monday, January 13th. Daiwa Capital Markets assumed coverage on Hesai Group in a research report on Tuesday, March 11th. They set a "buy" rating and a $35.00 target price on the stock. Finally, The Goldman Sachs Group raised Hesai Group from a "neutral" rating to a "buy" rating and raised their target price for the stock from $5.50 to $18.40 in a research report on Tuesday, January 14th.

Hesai Group Company Profile

Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR). Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous passenger and freight mobility services; and other applications, such as delivery robots, street sweeping robots, and logistics robots in restricted areas.

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