Hesai Group (HSAI)

NASDAQ: HSAI · IEX Real-Time Price · USD
4.350
+0.010 (0.23%)
At close: Jul 2, 2024, 4:00 PM
4.360
+0.010 (0.23%)
After-hours: Jul 2, 2024, 6:55 PM EDT
0.23%
Market Cap 555.13M
Revenue (ttm) 250.86M
Net Income (ttm) -64.44M
Shares Out 127.62M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE 256.41
Dividend n/a
Ex-Dividend Date n/a
Volume 169,202
Open 4.310
Previous Close 4.340
Day's Range 4.260 - 4.360
52-Week Range 3.280 - 13.980
Beta n/a
Analysts Buy
Price Target 12.90 (+196.55%)
Earnings Date Aug 12, 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]

Industry Auto Parts
IPO Date Feb 9, 2023
Employees 1,122
Stock Exchange NASDAQ
Ticker Symbol HSAI
Full Company Profile

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 Statements

Analyst 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 196.55% from the latest price.

Price Target
$12.9
(196.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Hesai Group - HSAI

NEW YORK , July 2, 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 Dan...

13 hours ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Hesai Group – HSAI

NEW YORK, June 30, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI).  Such investors are advised to contac...

2 days ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Hesai Group - HSAI

NEW YORK, NY / ACCESSWIRE / June 26, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Hesai Group ("Hesai" or the "Company") (NASDAQ:HSAI). Such investors are advised to contact ...

6 days ago - Accesswire

Hesai Group Investors: Company Investigated by the Portnoy Law Firm

Investors can contact the law firm at no cost to learn more about recovering their losses

8 days ago - GlobeNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Hesai Group - HSAI

NEW YORK, NY / ACCESSWIRE / June 9, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Hesai Group ("Hesai" or the "Company") (NASDAQ:HSAI). Such investors are advised to contact D...

23 days ago - Accesswire

Hesai Group Reports First Quarter 2024 Unaudited Financial Results

Quarterly net revenues were RMB 359.1 million (US$ 49.7 million) 1 Quarterly lidar shipments were 59,101 units

6 weeks ago - GlobeNewsWire

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.

7 weeks ago - Reuters

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...

7 weeks ago - PRNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

Other symbols: XIACFXIACY
3 months ago - PRNewsWire

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...

3 months ago - Green Stock News

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...

3 months ago - PRNewsWire

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 ...

4 months ago - GlobeNewsWire

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 ...

Other symbols: LI
4 months ago - PRNewsWire

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)...

4 months ago - GlobeNewsWire

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...

5 months ago - Market Watch

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...

5 months ago - GlobeNewsWire

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.

5 months ago - PRNewsWire

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)...

6 months ago - GlobeNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - GlobeNewsWire