| 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 |
SC 13G/A - Hesai Group (0001861737) (Subject)
6-K - Hesai Group (0001861737) (Filer)
6-K - Hesai Group (0001861737) (Filer)
6-K - Hesai Group (0001861737) (Filer)
6-K - Hesai Group (0001861737) (Filer)
20-F - Hesai Group (0001861737) (Filer)
6-K - Hesai Group (0001861737) (Filer)
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
Hesai (NASDAQ:HSAI) introduces new AT1440 with the world's highest number of channels for an automotive lidar and the FTX solid-state lidar with the world's widest field of viewAT1440's resolution is more than 30 times higher than mainstream automotive lidarsFTX has the largest field of view in the world for an automotive-grade solid-state lidar at 180° x 140°FTX features a point rate 2.5 times higher than its previous generationLAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology, today unveiled its brand-new next generation ADAS lidar the AT1440, an automotive-grade lidar with 1440 channels, and its solid-state blind-spot FTX lidar,
PALO ALTO, Calif., Dec. 30, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in automotive lidar technology, today announced that the company has delivered more than 100,000 lidar units during the month of December, becoming the world's first lidar company to reach this milestone. Meanwhile, Hesai also announced a record number of lidar deliveries for the robotics market, surpassing 20,000 lidar units in December. In 2025, Hesai's planned annual capacity exceeds 2 million units , supported by the company's mass production capabilities and research and development innovation. In the ADAS market, Hesai has earned more than 100 design wins across 21 automotive OEMs, includ
SHANGHAI, Dec. 6, 2024 /PRNewswire/ -- Today, Hesai Technology (NASDAQ:HSAI), the global leader in lidar solutions, announced an exclusive series production design win with Great Wall Motor, covering several models across its two brands. These models will feature Hesai's ATX, an ultra-compact high-resolution long-range lidar, scheduled for mass production starting in 2025. Great Wall Motor, a leading automotive manufacturer in China, has made significant leaps in new energy and intelligent technologies, achieving significant milestones in intelligent driving and smart cockpit systems. In 2023, the company sold over 1.23 million vehicles, including a record 262,000 electric vehicles (EVs). I
SHANGHAI, Dec. 5, 2024 /PRNewswire/ -- Hesai (NASDAQ:HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Changan Automobile's new intelligent driving platform. The order volume for Hesai's ATX compact lidar model, released in April of this year, is expected to exceed 1.5 million units over the next few years. According to the agreement, Hesai will provide lidar products for more than 10 vehicle models from multiple Changan Automobile brands, with the platform's first model expected to enter mass production in the second half of 2025. In line with the initial strategic partnership established in 2022, the
PALO ALTO, Calif., Dec. 2, 2024 /PRNewswire/ -- Hesai (NASDAQ:HSAI), the global leader in lidar technology for robotics and industrial applications, autonomous driving, and ADAS, announced today that it will be exhibiting at Consumer Electronics Show (CES) 2025 in Las Vegas from January 7-10 (LVCC West Hall #6824). As of Q3 2024, Hesai has delivered over 600,000 units cumulatively to customers worldwide and continues to expand its lidar model offerings for automotive, robotic and industrial applications. Hesai will premiere its newest model, a mini high-performance 3D lidar, during a press conference at CES on January 7 at 11:00 a.m. The presentation will provide detailed insights and live
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
PALO ALTO, Calif. , Oct. 22, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar solutions, announced this week that it will be the exclusive provider of automotive long-range lidar for Leapmotor's next-generation vehicle platform. The platform's first model is expected to enter mass production in 2025. According to the agreement, Hesai Technology will provide lidar products for multiple models of Leapmotor's next-generation new vehicle platform. This exclusive partnership deepens their long-term collaboration in intelligent driving, highlighting Hesai's leading lidar technology and Leapmotor's continued trust in Hesai and its capabilities. In line with the initi
SHANGHAI, Oct. 1, 2024 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology, announced today the signing of a cooperation framework with SAIC Volkswagen. The cooperation will establish a strong foundation for Hesai and SAIC Volkswagen to build a new ecosystem for the automotive industry, with Hesai's advanced lidar products and technology at the core. SAIC Volkswagen Automobile Co., Ltd. is a Sino-German joint venture operated by SAIC Group and Volkswagen Group. Formed in October 1984, SAIC Volkswagen was one of the first automotive joint ventures in China and has maintained strong market competitiveness over the past 40 years. SAIC Volkswagen sold 1.2 milli
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
SHANGHAI, China, Aug. 06, 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 second quarter 2024 unaudited financial results on Monday, August 19, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on August 19, 2024 (9:00 AM Beijing/Hong Kong Time on August 20, 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 scheduled cal
Quarterly net revenues were RMB359.1 million (US$49.7 million)1Quarterly lidar shipments were 59,101 units SHANGHAI, China, May 20, 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 March 31, 2024. Operational Highlights Three monthsended March 31, 2024ADAS lidar shipments52,462Autonomous Mobility lidar shipments6,639Total lidar shipments59,101 Q1 2024 ADAS lidar shipments were 52,462 units, representing an increase of 86.1% from 28,195 units in the corresponding period of 2023.Q1 2024 Total lida
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) solutions, today announced that it will report its first quarter 2024 unaudited financial results on Monday, May 20, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on May 20, 2024 (9:00 AM Beijing/Hong Kong Time on May 21, 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 scheduled call start t
Quarterly net revenues were RMB561.2 million (US$79.0 million),1 an increase of 37.1% year-over-yearQuarterly lidar shipments were 87,7362 units, an increase of 84.6% year-over-yearFull Year 2023 net revenues were RMB1,877.0 million (US$264.4 million), an increase of 56.1% year-over-yearFull Year 2023 lidar shipments were 222,116 units, an increase of 176.1% year-over-year SHANGHAI, China, March 11, 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 and full year ended December 31, 2023. Operational Highlig
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) solutions, today announced that it will report its fourth quarter and full year 2023 unaudited financial results on Monday, March 11, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on March 11, 2024 (9:00 AM Beijing/Hong Kong Time on March 12, 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 th
Expects 4Q2023 and FY2023 net revenues to exceed the top of the guidance range of US$76 million and US$250 million, respectivelyExpects FY2023 total lidar shipments to exceed the guidance of 220,000 units and ADAS lidar shipments for FY2023 to exceed the target of 200,000 units 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) solutions, today announced certain preliminary, unaudited financial and operating results for the fourth quarter and full year 2023. These results are unaudited, subject to the completion of the Company's year-end fina
Quarterly net revenues were RMB445.6 million (US$61.1 million),1 an increase of 33.5% year-over-yearQuarterly lidar shipments were 47,4402 units, an increase of 125.5% year-over-year SHANGHAI, China, Nov. 13, 2023 (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, 2023. Operational Highlights Three months endedSeptember 30, 2023 Nine months endedSeptember 30, 2023ADAS lidar shipments40,593 114,482Autonomous Mobility lidar shipments6,847 19,898Total lidar shipments47,440 134,380 Q3 2023 AD
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
BofA Securities initiated coverage of Hesai Group with a rating of Buy and set a new price target of $14.80
Goldman downgraded Hesai Group from Buy to Neutral and set a new price target of $12.40 from $25.00 previously
Goldman initiated coverage of Hesai Group with a rating of Buy and set a new price target of $31.00
Credit Suisse initiated coverage of Hesai Group with a rating of Outperform and set a new price target of $28.00