Hesai Group Sponsored ADR (NASDAQ:HSAI – Free Report) – Research analysts at Dbs Bank dropped their FY2026 EPS estimates for shares of Hesai Group in a report issued on Tuesday, November 3rd. Dbs Bank analyst E. Pang now expects that the company will post earnings per share of $0.32 for the year, down from their prior estimate of $0.45. The consensus estimate for Hesai Group’s current full-year earnings is $0.42 per share. Dbs Bank also issued estimates for Hesai Group’s FY2027 earnings at $0.64 EPS.
Hesai Group (NASDAQ:HSAI – Get Free Report) last announced its quarterly earnings results on Saturday, August 15th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.06). Hesai Group had a return on equity of 5.52% and a net margin of 14.77%. The firm had revenue of $126.70 million for the quarter, compared to analysts’ expectations of $126.00 million.
Several other analysts have also weighed in on the company. Weiss Ratings lowered Hesai Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Wall Street Zen raised Hesai Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $23.50.
Get Our Latest Stock Report on HSAI
Hesai Group Stock Performance
Shares of HSAI stock opened at $13.08 on Thursday. The stock has a fifty day moving average price of $15.48 and a 200 day moving average price of $19.67. The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.86 and a current ratio of 5.37. The stock has a market cap of $2.06 billion, a PE ratio of 31.90, a P/E/G ratio of 1.17 and a beta of 1.47. Hesai Group has a 1 year low of $12.00 and a 1 year high of $29.35.
Institutional Investors Weigh In On Hesai Group
A number of institutional investors and hedge funds have recently bought and sold shares of HSAI. Bessemer Group Inc. lifted its position in shares of Hesai Group by 45.3% in the first quarter. Bessemer Group Inc. now owns 2,325 shares of the company’s stock valued at $44,000 after acquiring an additional 725 shares in the last quarter. TrinityBridge Ltd acquired a new stake in shares of Hesai Group during the third quarter valued at $32,000. Summit Securities Group LLC purchased a new stake in Hesai Group during the 1st quarter worth about $56,000. Squarepoint Ops LLC increased its position in Hesai Group by 13.7% during the 2nd quarter. Squarepoint Ops LLC now owns 31,793 shares of the company’s stock worth $579,000 after purchasing an additional 3,822 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. increased its position in Hesai Group by 36.7% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 20,500 shares of the company’s stock worth $327,000 after purchasing an additional 5,500 shares in the last quarter. Hedge funds and other institutional investors own 48.53% of the company’s stock.
Hesai Group Company Profile
Hesai Group is a global developer and manufacturer of lidar, or light detection and ranging, technology. Its sensors use laser signals to measure the surrounding environment and generate detailed three-dimensional data for applications that require perception, navigation, and obstacle detection.
The company’s products are designed primarily for advanced driver-assistance systems and autonomous driving, including passenger vehicles, commercial vehicles, and robotaxi fleets. Hesai also provides lidar solutions for robotics, last-mile delivery, industrial applications, and other forms of autonomous mobility.
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