Hesai (HSAI, Financial) experienced a significant stock price decline, dropping by 5.27%. The stock is currently priced at $4.76 per share, with a trading volume of 433,415 shares and a turnover rate of 0.34%. The stock's price amplitude reached 4.98%.
Recent financial results show Hesai generated $63.36 million in revenue while reporting a net loss of $9.95 million. The earnings per share (EPS) stood at -$0.08, with a gross profit of $28.56 million. The price-to-earnings (P/E) ratio is calculated at -9.55.
From an analyst perspective, of the 10 institutions providing ratings, 90% recommend buying the stock, while 10% suggest holding. No institutions recommended selling.
Within the automotive components sector, where Hesai operates, the overall increase was 0.55%. Notable stocks in this sector include Foresight Autonomous Holdings Ltd, Mobileye Global Inc., and Standard Motor Products, Inc., which saw substantial gains. Active stocks with high turnover rates include Luminar Technologies, Inc., Hyzon Motors Inc., and Dana. Stocks with notable price fluctuations include Carbon Revolution Public Limited Co C/Wts (To Pur Com), Solid Power Inc C/Wts 08/12/2026 (To Pur Com), and SES AI Corp.
Hesai Technology Group specializes in the development, manufacturing, and sales of 3D LiDAR solutions. Their products cater to diverse applications, including advanced driving assistance systems (ADAS) for passenger and commercial vehicles, autonomous vehicle fleets, last-mile delivery robots, street cleaning robots, and logistics robots in restricted areas. Hesai operates in two main segments: LiDAR and gas detection, with LiDAR being the primary revenue source. The company has a presence in North America, Mainland China, Europe, and other regions.
