Latest news with #HSAI
Yahoo
6 days ago
- Business
- Yahoo
Goldman Sachs Boosts Hesai Price Target After Strong Margin Performance
Goldman Sachs revised its outlook for Hesai Group (NASDAQ:HSAI) on May 27, reiterating its Buy rating and increasing the price target from $20.40 to $23.30. According to analyst Tina Hou, Hesai's first-quarter 2025 results were impressive, with revenue meeting and net profit surpassing projections. This was primarily due to a larger gross margin and a lower operating expense. Hesai Group (NASDAQ:HSAI) exceeded Goldman Sachs' expectation of 39.5% with a gross margin of 41.7% for the quarter, a 3.0 percentage point increase from the previous year. The increase in revenue from engineering services was primarily responsible for this improvement. Hesai's revenue guidance for the second quarter of 2025 was also 3% higher than Goldman Sachs' earlier projections. The anticipated revenue of RMB 680 million to RMB 720 million is a notable rise year-over-year and quarter-over-quarter. Hesai Group (NASDAQ:HSAI) is a Chinese technology company that develops and markets lidar devices, including sensors. Its products are mostly utilized in the industrial, robotics, ADAS, and vehicle automation industries. While we acknowledge the potential of HSAI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HSAI and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and Disclosure: None.
Yahoo
7 days ago
- Business
- Yahoo
Goldman Sachs Lifts Hesai (HSAI) PT After Q1 Report
On May 27, Goldman Sachs raised the firm's price target on Hesai Group (NASDAQ:HSAI) from $20.4 to $23.3, while keeping a Buy rating on the stock. The increased price target comes after the company released its fiscal Q1 2025 results earlier today. The stock has gained more than 324.53% over the past year. Logistics robots filling packages in a warehouse, preparing for delivery. The company grew its quarterly revenue by 46.3% year-over-year to reach RMB 525.3 million ($72.4 million). The revenue missed analyst estimates by $530,610, but was in-line with management's guidance of RMB 520 million and RMB 540 million. Notably, the net loss declined by 84% to RMB 17.5 million. Management attributed this improvement to increased shipment volume which was more than triple when compared to last year's volume. Looking ahead, Hesai Group (NASDAQ:HSAI) expects second quarter revenue between RMB 680 million to RMB 720 million, indicating 48% to 57% increase year-over-year. Hesai Group (NASDAQ:HSAI) is a Chinese holding company that manufactures three-dimensional light detection and ranging (LiDAR) solutions. Its technology and solutions are vital for advanced driver assistance systems (ADAS) and autonomous driving industry. While we acknowledge the potential of HSAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HSAI and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None.
Yahoo
7 days ago
- Business
- Yahoo
Goldman Sachs Lifts Hesai (HSAI) PT After Q1 Report
On May 27, Goldman Sachs raised the firm's price target on Hesai Group (NASDAQ:HSAI) from $20.4 to $23.3, while keeping a Buy rating on the stock. The increased price target comes after the company released its fiscal Q1 2025 results earlier today. The stock has gained more than 324.53% over the past year. Logistics robots filling packages in a warehouse, preparing for delivery. The company grew its quarterly revenue by 46.3% year-over-year to reach RMB 525.3 million ($72.4 million). The revenue missed analyst estimates by $530,610, but was in-line with management's guidance of RMB 520 million and RMB 540 million. Notably, the net loss declined by 84% to RMB 17.5 million. Management attributed this improvement to increased shipment volume which was more than triple when compared to last year's volume. Looking ahead, Hesai Group (NASDAQ:HSAI) expects second quarter revenue between RMB 680 million to RMB 720 million, indicating 48% to 57% increase year-over-year. Hesai Group (NASDAQ:HSAI) is a Chinese holding company that manufactures three-dimensional light detection and ranging (LiDAR) solutions. Its technology and solutions are vital for advanced driver assistance systems (ADAS) and autonomous driving industry. While we acknowledge the potential of HSAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HSAI and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Business Insider
27-05-2025
- Automotive
- Business Insider
Hesai reports Q1 EPS RMB 0.06 vs (RMB 0.54) last year
Reports Q1 revenue RMB 525.3M vs RMB 359.1M last year. 'Hesai (HSAI) was ranked as the world's No.1 automotive lidar company by revenue market share for the fourth consecutive year in 2024, according to Yole Group-affirming our industry leadership. 2025 is off to a strong start, and we are ready to build on this momentum,' said Yifan 'David' Li, Hesai's Co-Founder and CEO. 'At the 2025 Shanghai Auto Show, one thing was clear-OEMs are all-in on intelligent driving. Our three core beliefs for lidar echo this vision-safety is not optional, never second-best, and without limits. Our ADAS lidar brings these values to life and continues to secure major design wins with new deals signed recently with Chery, Great Wall Motor, Zeekr, and Geely. Internationally, we've made rapid progress by securing a new development project with a Top 5 global Tier 1 supplier headquartered in Japan. We also empowered the Robotaxi industry as the main lidar supplier for next-generation fleets from Baidu Apollo Go, DiDi, and WeRide, while supporting the global expansion of some partners into key overseas markets. Beyond transportation, we believe every robot needs lidar as a foundational 3D sensor. Our JT series has emerged as a key enabler in this space, attracting strong interest from a wide range of Robotics customers. With accelerating adoption and expanding opportunities across the ADAS and Robotics segments, we are confident in our ability to scale our reach and unlock even greater growth in the quarters to come.'
Yahoo
26-05-2025
- Business
- Yahoo
Institutional investors control 45% of Hesai Group (NASDAQ:HSAI) and were rewarded last week after stock increased 10%
Institutions' substantial holdings in Hesai Group implies that they have significant influence over the company's share price 51% of the business is held by the top 14 shareholders Insiders own 22% of Hesai Group Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Every investor in Hesai Group (NASDAQ:HSAI) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 45% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Last week's 10% gain means that institutional investors were on the positive end of the spectrum even as the company has shown strong longer-term trends. The one-year return on investment is currently 362% and last week's gain would have been more than welcomed. Let's delve deeper into each type of owner of Hesai Group, beginning with the chart below. View our latest analysis for Hesai Group Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Hesai Group. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It's therefore worth looking at Hesai Group's earnings history below. Of course, the future is what really matters. Hedge funds don't have many shares in Hesai Group. From our data, we infer that the largest shareholder is Kai Sun (who also holds the title of Top Key Executive) with 7.1% of shares outstanding. Its usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider play the role of a key stakeholder. The second and third largest shareholders are Shaoqing Xiang and Yifan Li, with an equal amount of shares to their name at 6.8%. Note that two of the top three shareholders are also Top Key Executive and Member of the Board of Directors, respectively, once again pointing to significant ownership by company insiders. A closer look at our ownership figures suggests that the top 14 shareholders have a combined ownership of 51% implying that no single shareholder has a majority. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. It seems insiders own a significant proportion of Hesai Group. It is very interesting to see that insiders have a meaningful US$612m stake in this US$2.8b business. Most would say this shows a good degree of alignment with shareholders, especially in a company of this size. You can click here to see if those insiders have been buying or selling. The general public-- including retail investors -- own 27% stake in the company, and hence can't easily be ignored. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. Our data indicates that Private Companies hold 4.3%, of the company's shares. It might be worth looking deeper into this. If related parties, such as insiders, have an interest in one of these private companies, that should be disclosed in the annual report. Private companies may also have a strategic interest in the company. While it is well worth considering the different groups that own a company, there are other factors that are even more important. To that end, you should be aware of the 1 warning sign we've spotted with Hesai Group . But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
