Hesai Group (HSAI)

NASDAQ: HSAI · IEX Real-Time Price · USD
4.520
-0.650 (-12.57%)
At close: Apr 12, 2024, 4:00 PM
4.540
+0.020 (0.44%)
After-hours: Apr 12, 2024, 7:42 PM EDT
-12.57%
Market Cap 567.42M
Revenue (ttm) 264.74M
Net Income (ttm) -67.13M
Shares Out 125.53M
EPS (ttm) -0.53
PE Ratio n/a
Forward PE 256.41
Dividend n/a
Ex-Dividend Date n/a
Volume 869,336
Open 5.010
Previous Close 5.170
Day's Range 4.510 - 5.050
52-Week Range 3.280 - 13.980
Beta n/a
Analysts Buy
Price Target 12.90 (+185.4%)
Earnings Date May 21, 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). 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. [Read more]

Industry Auto Parts
IPO Date Feb 9, 2023
Employees 1,020
Stock Exchange NASDAQ
Ticker Symbol HSAI
Full Company Profile

Financial Performance

In 2022, Hesai Group's revenue was 1.20 billion, an increase of 66.86% compared to the previous year's 720.77 million. Losses were -747.18 million, -69.58% less than in 2021.

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 185.40% from the latest price.

Price Target
$12.9
(185.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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: XIACF
11 days 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...

26 days 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...

26 days 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 weeks 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
5 weeks 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)...

6 weeks ago - GlobeNewsWire

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...

7 weeks ago - PRNewsWire

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...

2 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...

2 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.

2 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)...

3 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...

3 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...

3 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...

4 months ago - GlobeNewsWire

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").

5 months ago - PRNewsWire

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

5 months ago - GlobeNewsWire

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 ...

5 months ago - PRNewsWire

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.

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

Ouster Continues its Patent Case Against Hesai in District Court and Seeks to Bar Infringing Products in the United States

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors, issued the following statement today relating to ...

Other symbols: OUST
6 months ago - Business Wire

International Trade Commission Confirms to Terminate Patent Infringement Investigation Brought by Ouster Against Hesai

Hesai Statement Correcting Misleading and False Allegations about the Company Hesai Statement Correcting Misleading and False Allegations about the Company

6 months ago - GlobeNewsWire

Hesai Group to Report Third Quarter 2023 Financial Results on Monday, November 13, 2023

SHANGHAI, China, Oct. 11, 2023 (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 ADAS Lidar Design Win with Neta Auto's New Series Production Vehicle

PALO ALTO, Calif. , Oct. 10, 2023 /PRNewswire/ -- Today, Hesai Technology (Nasdaq: HSAI) announced an ADAS lidar design win with Neta Auto's new series production vehicle.

6 months ago - PRNewsWire

Hesai Announces World's First Production Design Win for In-Cabin Lidar with Leading Automotive OEM

PALO ALTO, Calif. , Sept. 22, 2023 /PRNewswire/ -- Today, Hesai Technology (NASDAQ:HSAI), a global leader in lidar solutions for ADAS and autonomous mobility, announced a new design win with FAW Group...

7 months ago - PRNewsWire

Hesai Statement Correcting Recent Misinformation in the Market

PALO ALTO, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: “HSAI”), the global leader in three-dimensional light detection and ranging (“lidar”) solutions, i...

7 months ago - GlobeNewsWire