Hesai Group (HSAI)
| Market Cap | 660.34M |
| Revenue (ttm) | 264.74M |
| Net Income (ttm) | -67.13M |
| Shares Out | 127.48M |
| EPS (ttm) | -0.53 |
| PE Ratio | n/a |
| Forward PE | 256.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 794,973 |
| Open | 5.19 |
| Previous Close | 5.15 |
| Day's Range | 5.02 - 5.40 |
| 52-Week Range | 3.28 - 13.98 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 12.90 (+150.49%) |
| Earnings Date | May 20, 2024 |
About HSAI
Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. It operates in two segments, LiDAR and Gas Detection. The company also offers gas detection products; and engineering design, development, and validation services. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous vehicle fleets providing passenger and freigh... [Read more]
Financial Performance
In 2023, Hesai Group's revenue was 1.88 billion, an increase of 56.07% compared to the previous year's 1.20 billion. Losses were -475.97 million, -36.30% less than in 2022.
Financial numbers in CNY Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for HSAI stock is "Buy." The 12-month stock price forecast is $12.9, which is an increase of 150.49% from the latest price.
News
Lidar maker Hesai sues US government, denies alleged link to China's military
China-based Hesai Group sued the U.S. government on Monday for adding the maker of lidar light sensors to a list of companies allegedly working with Beijing's military.
Hesai Group Announces Management and Board Changes
PALO ALTO, Calif. , May 13, 2024 /PRNewswire/ -- Hesai Group (NASDAQ: HSAI) ("Hesai" or the "Company"), the global leader in three-dimensional light detection and ranging (lidar) solutions, today anno...
Hesai Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024
SHANGHAI, China, April 29, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar...
Hesai Group Files Its Annual Report on Form 20-F
SHANGHAI, China, April 25, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today a...
Marelli and Hesai showcase lidar-integrated headlamps for enhanced automotive safety
PALO ALTO, Calif. , April 24, 2024 /PRNewswire/ -- Marelli, a leading mobility technology supplier to the automotive sector, and Hesai Group (NASDAQ: HSAI), a global leader in automotive-grade lidar t...
Hesai Launches New Ultra-Wide FOV, Long-Range ATX Lidar
Ultra-Compact High-Performance Long-Range Lidar Designed for ADAS Series Production Vehicles Intelligent Rain and Fog Identification PALO ALTO, Calif , April 22, 2024 /PRNewswire/ -- Hesai Technology...
Xiaomi Unveils Revolutionary SU7 Electric Vehicle Equipped with Hesai High-Performance Lidar
PALO ALTO, Calif. , April 2, 2024 /PRNewswire/ -- Xiaomi, a leading technology company, has officially launched its first mass-produced electric vehicle, the Xiaomi SU7, in Beijing.
Hesai ($HSAI) Bolsters Partnership with Leapmotor to Integrate Long-Range Lidar into New C10 EV
Hesai Technology (NASDAQ: HSAI), a global leader in three-dimensional light detection LiDAR solutions, and Leapmotor, a technology-driven EV company, have further bolstered their strategic partnership...
Leapmotor Equips its Latest EV with Hesai Lidar
PALO ALTO, Calif. , March 18, 2024 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) and Leapmotor (9863.HK) today announced a strategic partnership to create a best-in-class intelligent driving experie...
Hesai Group Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results
Quarterly net revenues were RMB561.2 million (US$79.0 million), 1 an increase of 37.1% year-over-year Quarterly lidar shipments were 87,736 2 units, an increase of 84.6% year-over-year Full Year 2023 ...
Li Auto Selects Hesai as LiDAR Supplier for its Flagship MPV Li MEGA
L series upgrade to have lidar as standard configuration PALO ALTO, Calif. , March 6, 2024 /PRNewswire/ -- Li Auto Inc. (Nasdaq: LI), a leader in China's electric vehicle market, recently launched Li ...
Hesai Group to Report Fourth Quarter and Full Year 2023 Financial Results on Monday, March 11, 2024
SHANGHAI, China, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar)...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Hesai Group - HSAI
NEW YORK , Feb. 24, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Hesai Group ("Hesai" or the "Company") (NASDAQ: HSAI). Such investors are advised to contact Da...
Chinese tech company Hesai lashes back at U.S.'s claim it has ties to military
BANGKOK — A Nasdaq-listed Chinese technology company that makes parts for self-driving vehicles is threatening to sue the U.S. government after it was included in a list of companies that the Pentagon...
Hesai Technology Plans to Challenge Inclusion on “Chinese Military Companies” List
PALO ALTO, Calif., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Hesai Technology Co., Ltd. (Nasdaq: HSAI) (“Hesai” or the “Company”) today responded to the Company's inclusion on the U.S. Department of Defense's...
Hesai Group Statement on the U.S. Department of Defense "Chinese Military Companies" List
PALO ALTO, Calif. , Jan. 31, 2024 /PRNewswire/ -- We are deeply disappointed to learn that Hesai has been added to the U.S. Department of Defense's list of "Chinese Military Companies.
Hesai Group Announces Certain Preliminary Fourth Quarter and Full Year 2023 Revenues and Lidar Shipments Figures
SHANGHAI, China, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (lidar)...
Hesai Announces Two Revolutionary New ADAS Lidar Products and Completion of Its State-of-the-Art R&D Center for Manufacturing
Introduce the world's most advanced, highest performance ADAS lidar, Hesai AT512, boasting the industry's longest range and transformative highest ever resolution. Display Hesai's new ultra-thin 25 mm...
Hesai Selected by Top Global Automotive OEM to Provide ADAS Lidars For New Flagship EV Models Series Production Program
PALO ALTO, Calif. , Jan. 5, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI), the global leader in lidar technology for automotive mobility, ADAS and industrial robotics applications, announced to...
Hesai Responds to False Allegations Raised by Members of Congress
PALO ALTO, Calif., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Hesai Technology, the global leader in lidar sensor technology for both automotive and industrial applications, responded to numerous false allegat...
Hesai Announces Automotive Lidar Design Win for Multiple Series Production Vehicles with Great Wall Motors
PALO ALTO, Calif. , Nov. 13, 2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an automotive lidar design win with Great Wall Motors (hereinafter referred to as "GWM").
Hesai Group Reports Third Quarter 2023 Unaudited Financial Results
Quarterly net revenues were RMB445.6 million (US$61.1 million), 1 an increase of 33.5% year-over-year Quarterly lidar shipments were 47,440 2 units, an increase of 125.5% year-over-year
Hesai's Lidars Get Top Marks for Data Security
PALO ALTO, Calif. , Nov. 6, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar solutions, announced today that its two flagship products -- Pandar128 robotaxi ...
Hesai Announces Automotive Lidar Design Win with Leapmotor for Its New Series Production Vehicle
PALO ALTO, Calif. , Nov. 3, 2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an automotive lidar design win with leading Chinese electric vehicle maker Leapmotor.
Hesai's Pandar128 Becomes the World's First Lidar to Obtain ISO/SAE 21434 Cybersecurity Certification
PALO ALTO, Calif. , Oct. 31, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI) has just announced its high-performance lidar Pandar128, designed for L4 autonomous mobility applications, has receive...