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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
MarketBeat Week in Review – 2/19 - 2/23
A collection of the insights Warren Buffett offered in his annual letter Saturday
Elon Musk's "Project Dojo" is a Game-Changer (Ad)
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Multimillionaire Investor: "Hands Down the Most Lucrative Discovery of My Entire Career" (Ad)
Macron booed by French farmers who blame him for not doing enough to support agriculture
MILAN FASHION PHOTOS: Ferragamo, Dolce&Gabbana conceal and reveal, balance transparency with cover
NASDAQ:HSAI

Hesai Group (HSAI) Stock Price, News & Analysis

$3.64
-0.25 (-6.43%)
(As of 02/23/2024 ET)
Today's Range
$3.64
$3.90
50-Day Range
$3.64
$9.00
52-Week Range
$3.28
$20.45
Volume
292,055 shs
Average Volume
814,931 shs
Market Capitalization
$456.97 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$29.50

Hesai Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
710.4% Upside
$29.50 Price Target
Short Interest
Healthy
0.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Hesai Group in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.72) to ($0.20) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.93 out of 5 stars

Auto/Tires/Trucks Sector

58th out of 81 stocks

General Industrial Machinery, Industry

8th out of 10 stocks


HSAI stock logo

About Hesai Group Stock (NASDAQ:HSAI)

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. Hesai Group was founded in 2014 and is based in Shanghai, China.

HSAI Stock Price History

HSAI Stock News Headlines

Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN?
Financial giants have been injecting millions into the crypto market. The big players are going all in on crypto… but what are they gearing up for? There is a significant event on the horizon that will shape the future of Bitcoin—the upcoming Bitcoin halving event…We're revealing all the secrets behind the financial elite's bold moves in crypto during our LIVE, online event.
HSAI Mar 2024 7.500 call
HSAI Mar 2024 5.000 put
Elon Musk's "Project Dojo" is a Game-Changer
Morgan Stanley predicts that Musk's latest act will boost Tesla's shares by 80% in the next 12 months. But if you want to profit from this development, you'll buy the firm that could see its sales explode by 829% as "Project Dojo" sweeps the nation.
Hesai Group (NASDAQ:HSAI): When Will It Breakeven?
Hesai Group ADR HSAI
See More Headlines
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Company Calendar

Today
2/25/2024
Next Earnings (Estimated)
3/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
N/A
Current Symbol
NASDAQ:HSAI
Fax
N/A
Employees
1,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.50
High Stock Price Target
$31.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+710.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-43,610,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$174.37 million

Miscellaneous

Free Float
N/A
Market Cap
$456.97 million
Optionable
Optionable
Beta
N/A
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Key Executives

  • Dr. Yifan Li (Age 37)
    Co-Founder, CEO & Director
  • Dr. Kai Sun (Age 38)
    Co-Founder, Chief Scientist & Director
  • Mr. Shaoqing Xiang (Age 38)
    Co-Founder, CTO & Director
  • Mr. Tung-Jung Hsieh (Age 60)
    Global CFO & Director
  • Ms. Cailian Yang (Age 33)
    VP of Operations & Director
  • Yuanting Shi
    Investor Relations Director














HSAI Stock Analysis - Frequently Asked Questions

Should I buy or sell Hesai Group stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hesai Group in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HSAI shares.
View HSAI analyst ratings
or view top-rated stocks.

What is Hesai Group's stock price target for 2024?

4 Wall Street research analysts have issued 1 year price objectives for Hesai Group's stock. Their HSAI share price targets range from $28.00 to $31.00. On average, they expect the company's share price to reach $29.50 in the next twelve months. This suggests a possible upside of 710.4% 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 2024?

Hesai Group's stock was trading at $8.91 at the beginning of 2024. Since then, HSAI shares have decreased by 59.1% and is now trading at $3.64.
View the best growth stocks for 2024 here
.

Are investors shorting Hesai Group?

Hesai Group saw a increase in short interest in January. As of January 31st, there was short interest totaling 536,300 shares, an increase of 26.2% from the January 15th total of 425,100 shares. Based on an average daily volume of 754,100 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.6% of the shares of the company are short sold.
View Hesai Group's Short Interest
.

When is Hesai Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 20th 2024.
View our HSAI earnings forecast
.

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

Hesai Group updated its fourth quarter 2023 earnings guidance on Tuesday, January, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $76.1 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.

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 (3.20%), Mirae Asset Global Investments Co. Ltd. (0.88%), Price T Rowe Associates Inc. MD (0.73%), Price T Rowe Associates Inc. MD (0.73%), The Manufacturers Life Insurance Company (0.67%) and Point72 Asset Management L.P. (0.57%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HSAI) was last updated on 2/25/2024 by MarketBeat.com Staff