Hesai Group (HSAI) Projected to Post Quarterly Earnings on Monday

Hesai Group (NASDAQ:HSAI) is expected to announce its Q1 2025 earnings results before the market opens on Monday, May 19th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $532.16 million for the quarter.

Hesai Group Stock Up 2.6%

Hesai Group stock opened at $16.36 on Monday. The stock’s 50 day moving average price is $16.32 and its 200 day moving average price is $13.46. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.08 and a quick ratio of 2.65. The company has a market cap of $2.15 billion, a PE ratio of -37.18, a price-to-earnings-growth ratio of 1.44 and a beta of 1.18. Hesai Group has a 1-year low of $3.52 and a 1-year high of $24.18.

Analysts Set New Price Targets

A number of research firms have commented on HSAI. Daiwa America upgraded Hesai Group to a “strong-buy” rating in a research report on Tuesday, March 11th. The Goldman Sachs Group raised Hesai Group from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $5.50 to $18.40 in a report on Tuesday, January 14th. Daiwa Capital Markets started coverage on Hesai Group in a report on Tuesday, March 11th. They issued a “buy” rating and a $35.00 price target for the company. Finally, Morgan Stanley cut Hesai Group from an “overweight” rating to an “equal weight” rating and boosted their price target for the stock from $5.80 to $15.00 in a report on Monday, January 13th.

Hesai Group Company Profile

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.