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Hesai Group (HSAI) Competitors

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$16.12 -1.30 (-7.46%)
As of 08/31/2026 04:00 PM Eastern

HSAI vs. CGNX, RAL, NOVT, VNT, and ITRI

Should you buy Hesai Group stock or one of its competitors? Hesai Group's main competitors and comparable companies include Cognex (CGNX), Ralliant (RAL), Novanta (NOVT), Vontier (VNT), and Itron (ITRI). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electronic equipment & instruments" industry.

How does Hesai Group compare to Cognex?

Hesai Group (NASDAQ:HSAI) and Cognex (NASDAQ:CGNX) are both technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, media sentiment, valuation, institutional ownership, analyst recommendations, risk and dividends.

Cognex has a net margin of 16.05% compared to Hesai Group's net margin of 14.77%. Cognex's return on equity of 13.50% beat Hesai Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Hesai Group14.77% 5.52% 4.47%
Cognex 16.05%13.50%10.02%

Hesai Group currently has a consensus price target of $29.75, suggesting a potential upside of 84.55%. Cognex has a consensus price target of $75.64, suggesting a potential upside of 24.09%. Given Hesai Group's stronger consensus rating and higher possible upside, research analysts clearly believe Hesai Group is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hesai Group
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
Cognex
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
2.82

In the previous week, Cognex had 13 more articles in the media than Hesai Group. MarketBeat recorded 22 mentions for Cognex and 9 mentions for Hesai Group. Cognex's average media sentiment score of 1.62 beat Hesai Group's score of 0.74 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hesai Group
3 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
21 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Hesai Group has a beta of 1.37, suggesting that its stock price is 37% more volatile than the broader market. Comparatively, Cognex has a beta of 1.49, suggesting that its stock price is 49% more volatile than the broader market.

48.5% of Hesai Group shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 1.7% of Cognex shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Cognex has higher revenue and earnings than Hesai Group. Hesai Group is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hesai Group$432.94M5.21$62.33M$0.4139.32
Cognex$1.09B9.42$114.44M$1.0359.18

Summary

Cognex beats Hesai Group on 15 of the 17 factors compared between the two stocks.

How does Hesai Group compare to Ralliant?

Ralliant (NYSE:RAL) and Hesai Group (NASDAQ:HSAI) are both mid-cap technology companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, institutional ownership, dividends, earnings, profitability, media sentiment, analyst recommendations and risk.

In the previous week, Ralliant had 6 more articles in the media than Hesai Group. MarketBeat recorded 15 mentions for Ralliant and 9 mentions for Hesai Group. Ralliant's average media sentiment score of 1.48 beat Hesai Group's score of 0.74 indicating that Ralliant is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ralliant
12 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Hesai Group
3 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Ralliant presently has a consensus price target of $75.70, indicating a potential upside of 22.99%. Hesai Group has a consensus price target of $29.75, indicating a potential upside of 84.55%. Given Hesai Group's stronger consensus rating and higher probable upside, analysts clearly believe Hesai Group is more favorable than Ralliant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ralliant
1 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.67
Hesai Group
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00

Hesai Group has lower revenue, but higher earnings than Ralliant. Ralliant is trading at a lower price-to-earnings ratio than Hesai Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ralliant$2.07B3.29-$1.22B-$10.85N/A
Hesai Group$432.94M5.21$62.33M$0.4139.32

Ralliant has a beta of 1.61, suggesting that its share price is 61% more volatile than the broader market. Comparatively, Hesai Group has a beta of 1.37, suggesting that its share price is 37% more volatile than the broader market.

48.5% of Hesai Group shares are held by institutional investors. 0.4% of Ralliant shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Hesai Group has a net margin of 14.77% compared to Ralliant's net margin of -56.38%. Ralliant's return on equity of 14.97% beat Hesai Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Ralliant-56.38% 14.97% 6.99%
Hesai Group 14.77%5.52%4.47%

Summary

Ralliant and Hesai Group tied by winning 8 of the 16 factors compared between the two stocks.

How does Hesai Group compare to Novanta?

Novanta (NASDAQ:NOVT) and Hesai Group (NASDAQ:HSAI) are both mid-cap technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, dividends, media sentiment, profitability, analyst recommendations, valuation, earnings and risk.

Novanta has a beta of 1.68, suggesting that its stock price is 68% more volatile than the broader market. Comparatively, Hesai Group has a beta of 1.37, suggesting that its stock price is 37% more volatile than the broader market.

98.4% of Novanta shares are owned by institutional investors. Comparatively, 48.5% of Hesai Group shares are owned by institutional investors. 1.2% of Novanta shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Hesai Group has a net margin of 14.77% compared to Novanta's net margin of 6.00%. Novanta's return on equity of 10.83% beat Hesai Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Novanta6.00% 10.83% 7.53%
Hesai Group 14.77%5.52%4.47%

Novanta presently has a consensus price target of $194.00, suggesting a potential upside of 32.68%. Hesai Group has a consensus price target of $29.75, suggesting a potential upside of 84.55%. Given Hesai Group's higher probable upside, analysts clearly believe Hesai Group is more favorable than Novanta.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Novanta
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
1 Strong Buy rating(s)
3.00
Hesai Group
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00

In the previous week, Novanta and Novanta both had 9 articles in the media. Novanta's average media sentiment score of 1.53 beat Hesai Group's score of 0.74 indicating that Novanta is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Novanta
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Hesai Group
3 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hesai Group has lower revenue, but higher earnings than Novanta. Hesai Group is trading at a lower price-to-earnings ratio than Novanta, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Novanta$980.60M5.64$53.83M$1.5693.73
Hesai Group$432.94M5.21$62.33M$0.4139.32

Summary

Novanta beats Hesai Group on 10 of the 14 factors compared between the two stocks.

How does Hesai Group compare to Vontier?

Hesai Group (NASDAQ:HSAI) and Vontier (NYSE:VNT) are both mid-cap technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, dividends, earnings, analyst recommendations, profitability, media sentiment, institutional ownership and risk.

48.5% of Hesai Group shares are held by institutional investors. Comparatively, 95.8% of Vontier shares are held by institutional investors. 1.1% of Vontier shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Hesai Group presently has a consensus target price of $29.75, suggesting a potential upside of 84.55%. Vontier has a consensus target price of $41.00, suggesting a potential upside of 27.05%. Given Hesai Group's stronger consensus rating and higher possible upside, analysts clearly believe Hesai Group is more favorable than Vontier.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hesai Group
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
Vontier
1 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.38

Vontier has higher revenue and earnings than Hesai Group. Vontier is trading at a lower price-to-earnings ratio than Hesai Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hesai Group$432.94M5.21$62.33M$0.4139.32
Vontier$3.08B1.42$406.10M$2.4113.39

Hesai Group has a beta of 1.37, indicating that its stock price is 37% more volatile than the broader market. Comparatively, Vontier has a beta of 1.15, indicating that its stock price is 15% more volatile than the broader market.

Hesai Group has a net margin of 14.77% compared to Vontier's net margin of 11.34%. Vontier's return on equity of 38.57% beat Hesai Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Hesai Group14.77% 5.52% 4.47%
Vontier 11.34%38.57%11.30%

In the previous week, Vontier had 3 more articles in the media than Hesai Group. MarketBeat recorded 12 mentions for Vontier and 9 mentions for Hesai Group. Vontier's average media sentiment score of 1.55 beat Hesai Group's score of 0.74 indicating that Vontier is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hesai Group
3 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Vontier
11 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Summary

Vontier beats Hesai Group on 10 of the 17 factors compared between the two stocks.

How does Hesai Group compare to Itron?

Hesai Group (NASDAQ:HSAI) and Itron (NASDAQ:ITRI) are both mid-cap technology companies, but which is the better stock? We will compare the two businesses based on the strength of their media sentiment, valuation, profitability, dividends, analyst recommendations, risk, earnings and institutional ownership.

In the previous week, Itron had 17 more articles in the media than Hesai Group. MarketBeat recorded 26 mentions for Itron and 9 mentions for Hesai Group. Hesai Group's average media sentiment score of 0.74 beat Itron's score of 0.63 indicating that Hesai Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hesai Group
3 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Itron
15 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Hesai Group currently has a consensus price target of $29.75, suggesting a potential upside of 84.55%. Itron has a consensus price target of $131.33, suggesting a potential upside of 35.38%. Given Hesai Group's stronger consensus rating and higher probable upside, analysts clearly believe Hesai Group is more favorable than Itron.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hesai Group
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00
Itron
1 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.69

Itron has higher revenue and earnings than Hesai Group. Itron is trading at a lower price-to-earnings ratio than Hesai Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hesai Group$432.94M5.21$62.33M$0.4139.32
Itron$2.30B1.84$301.05M$5.9916.20

Hesai Group has a beta of 1.37, suggesting that its share price is 37% more volatile than the broader market. Comparatively, Itron has a beta of 1.3, suggesting that its share price is 30% more volatile than the broader market.

48.5% of Hesai Group shares are held by institutional investors. Comparatively, 96.2% of Itron shares are held by institutional investors. 1.8% of Itron shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Hesai Group has a net margin of 14.77% compared to Itron's net margin of 11.90%. Itron's return on equity of 19.26% beat Hesai Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Hesai Group14.77% 5.52% 4.47%
Itron 11.90%19.26%8.40%

Summary

Itron beats Hesai Group on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HSAI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HSAI vs. The Competition

MetricHesai GroupElectronic Equipment, Instruments & Components IndustryTechnology SectorNASDAQ Exchange
Market Cap$2.44B$8.67B$29.73B$12.89B
Dividend YieldN/A2.26%2.75%11.28%
P/E Ratio39.3223.9976.1825.48
Price / Sales5.2143.15592.4692.52
Price / Cash30.4731.3348.0436.03
Price / Book1.764.787.866.34
Net Income$62.33M$200.45M$677.18M$349.45M
7 Day Performance-11.91%-0.64%0.73%-0.65%
1 Month Performance-4.62%1.62%4.31%4.48%
1 Year Performance-37.45%820.32%187.08%14.89%

Hesai Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HSAI
Hesai Group
4.5258 of 5 stars
$16.12
-7.5%
$29.75
+84.6%
-37.4%$2.44B$432.94M39.321,118
CGNX
Cognex
4.9318 of 5 stars
$58.54
-3.3%
$75.64
+29.2%
+38.7%$10.18B$994.36M56.842,745
RAL
Ralliant
4.5939 of 5 stars
$62.84
-1.2%
$75.70
+20.5%
+46.7%$7.04B$2.07BN/A7,000
NOVT
Novanta
3.7377 of 5 stars
$139.48
-4.0%
$194.00
+39.1%
+25.6%$5.49B$980.60M89.413,000
VNT
Vontier
3.9631 of 5 stars
$33.20
+0.7%
$41.00
+23.5%
-24.7%$4.46B$3.08B13.787,800

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This page (NASDAQ:HSAI) was last updated on 9/1/2026 by MarketBeat.com Staff.
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