Hesai Group ADR (NASDAQ:HSAI) does about 5.79M shares in volume on a normal day but saw 2881905 shares change hands in the recent trading day. The company now has a market cap of 2.08B USD. Its current market price is $19.71, marking an increase of 5.68% compared to the previous close of $18.65. The 52 week high reached by this stock is $24.18 whilst the lowest price level in 52 weeks is $3.52.
The consensus objective for the share price is $25.99, suggesting that the stock has a potential upside of 24.16% over the period.
FactSet Research has provided data showing that 6 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 4 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 11, 2025 when Daiwa Securities initiated the stock to “Buy” and issued a price target of $35. Goldman upgraded the stock to “Buy” from Neutral on January 14, 2025 at a price target of $5.50-$18.40. Morgan Stanley downgraded its price target at $5.80-$15.
The current price level is 4.48%, 18.10%, and 68.71% away from its SMA20, SMA50, and SMA200 respectively, with the HSAI price moving above the 50-day SMA on current market day. Hesai Group ADR (HSAI) stock is down -7.29% over the week and 7.76% over the past month. Its price is 42.62% year-to-date and 302.24% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 1.75 for whole year. Expected sales for next quarter are $819.46M, which analysts say will come at $3.34B for the current fiscal year and next year at $4.82B. In addition, estimates put the company’s current quarterly revenue at an average of $680.51M.
To reach the target analysts have set, the stock logically needs to grow 24.16 percent from here.
Outstanding shares total 97.44M with insiders holding 7.42% of the shares and institutional holders owning 55.06% of the company’s common stock. The company has a return on investment of -0.27% and return on equity of -0.30%. The forward price to earnings ratio is 29.03. The beta has a value of 1.09. Price to book ratio is 4.26 and price to sales ratio is 6.69.
