Hesai Group (HSAI)
| Market Cap | 1.10B |
| Revenue (ttm) | 243.65M |
| Net Income (ttm) | -66.49M |
| Shares Out | 123.86M |
| EPS (ttm) | -0.55 |
| PE Ratio | n/a |
| Forward PE | 294.12 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 309,735 |
| Open | 8.90 |
| Previous Close | 9.00 |
| Day's Range | 8.88 - 9.14 |
| 52-Week Range | 7.35 - 30.36 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 12.90 (+44.78%) |
| Earnings Date | Nov 13, 2023 |
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]
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 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 44.78% from the latest price.
News
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...
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 ...
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
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)...
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.
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...
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...
Hesai's AT128 Automotive Lidar Debuts in Europe with Luxury EV HiPhi Z's German Sales Launch
MUNICH , Sept. 5, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in automotive lidar, today announced its European market debut with its world-class automotive lidar.
Hesai and Webasto Collaborate on Lidar Integration on Roof Sensor Module for ADAS
MUNICH , Sept. 4, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the global leader in automotive lidar, announced today a partnership with Webasto, the leading global automotive supplier of roo...
Statement on Ouster's Ongoing Enforcement of its Patents Against Hesai
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 ...
Hesai Announces Initial Determination from ITC Administrative Law Judge Granting Hesai's Motion to Terminate Patent Infringement Investigation Brought by Ouster
PALO ALTO, Calif., Aug. 25, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (“LiDAR”) solutions, toda...
Hesai to Showcase Its High-Performance Automotive Lidar Sensors at IAA Mobility 2023
Media showcase, September 4 th Exhibit floor, September 5 th to 8th Booth: Hall B2 #F10 Test Drive: Hall C2 #A50 PALO ALTO, Calif. , Aug. 16, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), the ...
Hesai Group Reports Second Quarter 2023 Unaudited Financial Results
Quarterly net revenues were RMB440.3 million (US$60.7 million) 1 , an increase of 108.5% year-over-year Quarterly LiDAR shipments were 52,106 2 units, an increase of 946.5% year-over-year
Hesai Technology Advances Autonomous Vehicle Lidar Integration with NVIDIA DRIVE and Omniverse
PALO ALTO, Calif. , Aug. 1, 2023 /PRNewswire/ -- Hesai Technology, a pioneer in the field of lidar sensors, announced a collaboration with NVIDIA to integrate Hesai's cutting-edge lidar sensors within...
Hesai Ranks No. 1 in Global Automotive Lidar for the 2nd Year in a Row
Lidar expert Yole Group highlights Hesai's record-breaking revenue and shipments PALO ALTO, Calif. , July 24, 2023 /PRNewswire/ -- Hesai Technology (NASDAQ: HSAI) has been named the top automotive lid...
Hesai Group to Report Second Quarter 2023 Financial Results on Monday, August 14, 2023
SHANGHAI, China, July 18, 2023 (GLOBE NEWSWIRE) -- Hesai Group (“Hesai,” “Hesai Technology” or the “Company”) (NASDAQ: HSAI), the global leader in three-dimensional light detection and ranging (LiDAR)...
Hesai Secures ADAS Lidar Design Win for Multiple New Vehicles with SAIC Motor
PALO ALTO, Calif. , July 7, 2023 /PRNewswire/ -- Hesai Technology has just announced that it has been selected to provide lidar units for several models of the SAIC Motor Commercial Vehicle Division's...
Hesai and NavVis Join Forces to Revolutionize Reality Capture with Cutting-Edge Lidar Sensor Technology
PALO ALTO, Calif. , June 21, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in lidar sensor solutions, is delighted to announce its work with NavVis, a global leader in reality ...
FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Hesai Group with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / June 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Co...
FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Hesai Group with Losses of $100,000 to Contact the Firm
LOS ANGELES , June 5, 2023 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Hesai Group ("Hesai" or "the Com...