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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Sell Every Stock, Except ONE (Ticker Revealed) (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
NASDAQ:HSAI

Hesai Group (HSAI) Stock Forecast, Price & News

$8.56
+0.53 (+6.60%)
(As of 06/2/2023 ET)
Compare
Today's Range
$8.21
$8.82
50-Day Range
$7.39
$16.98
52-Week Range
$7.35
$30.35
Volume
336,802 shs
Average Volume
360,764 shs
Market Capitalization
$1.07 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.50

Hesai Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
244.6% Upside
$29.50 Price Target
Short Interest
Healthy
0.26% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.56mentions of Hesai Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.63) to $6.19 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Auto/Tires/Trucks Sector

51st out of 101 stocks

General Industrial Machinery, Industry

4th out of 11 stocks


HSAI stock logo

About Hesai Group (NASDAQ:HSAI) Stock

Hesai Group engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions, through its subsidiaries. Its LiDAR products are used in passenger and commercial vehicles. Hesai Group is based in Shanghai, China.

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HSAI Stock News Headlines

Hesai Group (NASDAQ:HSAI) Shares Up 8.6%
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Hesai Group (NASDAQ:HSAI) Trading 5.4% Higher
Hesai Group (NASDAQ:HSAI) Sees Large Volume Increase
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
Hesai Group reports Q1 results
Hesai Group (NASDAQ:HSAI) Shares Gap Up to $8.73
Hesai Group (NASDAQ:HSAI) Shares Up 2.4%
See More Headlines

HSAI Price History

HSAI Company Calendar

Last Earnings
5/23/2023
Today
6/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
N/A
Current Symbol
NASDAQ:HSAI
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.50
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+244.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.38 billion
Book Value
$4.70 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.07 billion
Optionable
Not Optionable
Beta
N/A














HSAI Stock - Frequently Asked Questions

Should I buy or sell Hesai Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hesai Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" HSAI shares.
View HSAI analyst ratings
or view top-rated stocks.

What is Hesai Group's stock price forecast for 2023?

2 brokers have issued 1-year price targets for Hesai Group's shares. Their HSAI share price forecasts range from $28.00 to $31.00. On average, they predict the company's stock price to reach $29.50 in the next year. This suggests a possible upside of 244.6% from the stock's current price.
View analysts price targets for HSAI
or view top-rated stocks among Wall Street analysts.

How have HSAI shares performed in 2023?

Hesai Group's stock was trading at $21.05 at the beginning of the year. Since then, HSAI stock has decreased by 59.3% and is now trading at $8.56.
View the best growth stocks for 2023 here
.

How were Hesai Group's earnings last quarter?

Hesai Group (NASDAQ:HSAI) announced its earnings results on Tuesday, May, 23rd. The company reported ($0.14) EPS for the quarter. The company earned $62.60 million during the quarter.

What guidance has Hesai Group issued on next quarter's earnings?

Hesai Group updated its first quarter 2023 earnings guidance on Thursday, March, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $56.50 million-$59.40 million.

When did Hesai Group IPO?

(HSAI) raised $180 million in an IPO on Thursday, February 9th 2023. The company issued 10,000,000 shares at a price of $17.00-$19.00 per share.

What is Hesai Group's stock symbol?

Hesai Group trades on the NASDAQ under the ticker symbol "HSAI."

When does the company's lock-up period expire?

Hesai Group's lock-up period expires on Tuesday, August 8th. Hesai Group had issued 10,000,000 shares in its IPO on February 9th. The total size of the offering was $190,000,000 based on an initial share price of $19.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

Who are Hesai Group's major shareholders?

Hesai Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FIL Ltd (1.35%), Price T Rowe Associates Inc. MD (0.81%), HarbourVest Partners LLC (0.48%), Ameriprise Financial Inc. (0.40%), Hel Ved Capital Management Ltd (0.24%) and Aspex Management HK Ltd (0.16%).

How do I buy shares of Hesai Group?

Shares of HSAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Hesai Group's stock price today?

One share of HSAI stock can currently be purchased for approximately $8.56.

How much money does Hesai Group make?

Hesai Group (NASDAQ:HSAI) has a market capitalization of $1.07 billion and generates $1.38 billion in revenue each year.

How can I contact Hesai Group?

The official website for the company is www.hesaitech.com. The company can be reached via phone at 86-21-3158-8240 or via email at ir@hesaitech.com.

This page (NASDAQ:HSAI) was last updated on 6/3/2023 by MarketBeat.com Staff

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