BofA Securities initiated coverage on Hesai Group with a new price target
$HSAI
Industrial Machinery/Components
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BofA Securities initiated coverage of Hesai Group with a rating of Buy and set a new price target of $14.80
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/14/2025 | $5.50 → $18.39 | Neutral → Buy | Goldman |
| 1/13/2025 | $5.80 → $15.00 | Overweight → Equal-Weight | Morgan Stanley |
| 9/26/2023 | $12.90 | Buy | Citigroup |
| 9/22/2023 | $14.80 | Buy | BofA Securities |
| 8/18/2023 | $25.00 → $12.40 | Buy → Neutral | Goldman |
| 3/13/2023 | $31.00 | Buy | Goldman |
| 3/7/2023 | $28.00 | Outperform | Credit Suisse |
6-K - Hesai Group (0001861737) (Filer)
6-K - Hesai Group (0001861737) (Filer)
6-K - Hesai Group (0001861737) (Filer)
SC 13G/A - Hesai Group (0001861737) (Subject)
Quarterly net revenues were RMB539.4 million (US$76.9 million)1 Quarterly lidar shipments were 134,208 units SHANGHAI, Nov. 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 announced its unaudited financial results for the three months ended September 30, 2024. Operational Highlights Three months ended September 30, 2024 Nine monthsended September 30, 2024ADAS lidar shipments129,913 263,148Autonomous Mobility lidar shipments4,295 16,687Total lidar shipments134,208 279,835 Q3 2024 ADAS lidar shipments were 129,913 units, representing an increase of 220.0% f
SHANGHAI, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai," "Hesai Technology" or the "Company") (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced that it will report its third quarter 2024 unaudited financial results on Monday, November 25, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 8:00 PM U.S. Eastern Time on November 25, 2024 (9:00 AM Beijing/Hong Kong Time on November 26, 2024). For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the schedul
Quarterly net revenues were RMB458.9 million (US$63.1 million)1Quarterly lidar shipments were 86,526 units SHANGHAI, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Hesai Group ("Hesai" or the "Company"), (NASDAQ:HSAI), the global leader in three-dimensional light detection and ranging (lidar) solutions, today announced its unaudited financial results for the three months ended June 30, 2024. Operational Highlights Three monthsended June 30, 2024 Six monthsended June 30, 2024ADAS lidar shipments 80,773 133,235Autonomous Mobility lidar shipments 5,753 12,392Total lidar shipments86,526 145,627 Q2 2024 ADAS lidar shipments were 80,773 units, representing an increase of 76.8% from 45,694 units in th
STUTTGART, Germany, Jan. 28, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), Outsight, and Embotech AG announce a strategic collaboration to deliver cutting-edge lidar technology and perception software for Embotech's AVM technology deployed in BMW facilities and known internally at BMW as Automated Driving In-Plant (AFW). This collaboration brings together industry leaders in autonomous driving solutions and sensing technology. Embotech is the system provider for BMW's recently announced Automated Driving In-Plant series operation and global rollout. For the AVM solution, Outsight plays a key role with its advanced lidar software platform that tracks the ego-vehicle and the surroundin
SHANGHAI, Jan. 21, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in automotive lidar technology, today announced that it has secured design wins for multiple Chery Automobile models. The models are expected to enter mass production in the second half of 2025 and will be equipped with the newest generation of Hesai's ultra-compact high-performance ATX lidar. Chery's vehicle line-up includes passenger cars, commercial vehicles, and urban mobility vehicles. Chery recently reported a 38 percent jump in global car sales year-over-year, with 2.6 million vehicles sold in 2024, and a forecast of more than 3 million deliveries this year. As the leading exporter of Chinese-br
Hesai (NASDAQ:HSAI) introduces new JT series mini 3D lidar, with compact and lightweight design, and world's widest hyper-hemispherical field of viewDesigned specifically for robotics applicationsMass production and deliveries for JT series have begun Witness a live demonstration of a JT series lidar in action at booth #6824 in LVCC West HallLAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology, today launched its JT Series of mini hemispherical 3D lidars at CES 2025 in Las Vegas. Designed specifically for robotics applications, the JT series includes the JT16 (16 channels) and the JT128 (128 channels). The JT128 features the world's wi
Goldman upgraded Hesai Group from Neutral to Buy and set a new price target of $18.40 from $5.50 previously
Morgan Stanley downgraded Hesai Group from Overweight to Equal-Weight and set a new price target of $15.00 from $5.80 previously
Citigroup initiated coverage of Hesai Group with a rating of Buy and set a new price target of $12.90