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Upturn AI Summary - About
Hesai Group Sponsored ADR(HSAI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for HSAI
09/25/2026: HSAI (1-star) is currently NOT-A-BUY. Pass it for now.
Hesai Group is a global leader in LiDAR technology, specializing in sensors for autonomous vehicles and ADAS-enabled passenger cars. The company has successfully scaled its manufacturing capabilities, securing significant design wins with major automotive OEMs to drive long-term revenue growth. Its primary strength lies in high-volume production efficiency, though it faces risks from intense price competition and global trade tensions. While it offers strong exposure to the growth of autonomous driving, the stock is volatile and suitable primarily for growth-focused investors. Investors should monitor developments in international trade policy and the company's ability to maintain margins as it continues to expand beyond its domestic Chinese market.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The company is in a high-growth phase within the rapidly expanding autonomous vehicle sensor market. |
| Momentum investor | Mixed fit | Momentum is highly dependent on sentiment surrounding autonomous driving adoption and China-US regulatory updates. |
| Value investor | Weak fit | Hesai is currently prioritized for revenue scaling rather than traditional value metrics like consistent earnings. |
| Dividend investor | Weak fit | The company does not pay a dividend and is reinvesting all capital into growth. |
| Low-risk investor | Weak fit | High industry competition and geopolitical risks create significant volatility unsuitable for low-risk portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is subject to sharp swings due to news flow regarding autonomous vehicle technology and regulatory developments. |
| Valuation risk | Medium / high | Market expectations for long-term penetration of LiDAR in mass-market vehicles drive a premium valuation. |
| Competition risk (LiDAR Technology) | High | Intense competition from various LiDAR providers can lead to margin erosion as companies compete for OEM contracts. |
| Business quality | Medium | While the company has strong technical capabilities, profitability is still unproven in a competitive landscape. |
| Dividend income | Low / none | Investors should expect no dividend income for the foreseeable future. |
| Execution risk | Medium / high | Success depends on consistent, cost-effective manufacturing at scale for automotive OEMs with rigorous requirements. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 39.73% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 20.43B USD | Price to earnings Ratio 32.5 | 1Y Target Price 28.35 |
Price to earnings Ratio 32.5 | 1Y Target Price 28.35 | ||
Volume (30-day avg) 1.5M shares | Beta 1.36 | 52 Weeks Range 14.29 - 29.35 | Updated Date 09/26/2026 |
52 Weeks Range 14.29 - 29.35 | Updated Date 09/26/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.5 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Automotive OEM LiDAR | AT128 and other series sensors sold to automotive manufacturers for ADAS integration. | The primary revenue driver is selling large volumes of sensors for new passenger vehicles. |
| Autonomous Mobility / Robotics | Pandar sensors for robotaxis, trucking, and delivery bots. | These are high-spec sensors used by specialized companies for testing and small-fleet deployment. |
| Geography: China | Core manufacturing and major customer base. | Hesai is highly dependent on its domestic market for both revenue and production. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE 32.5 | Forward PE 17.36 | Enterprise Value 1.75B | Price to Sales(TTM) 6.12 |
Enterprise Value 1.75B | Price to Sales(TTM) 6.12 | ||
Enterprise Value to Revenue 3.51 | Enterprise Value to EBITDA 21.43 | Shares Outstanding 1.04B | Shares Floating 126.23M |
Shares Outstanding 1.04B | Shares Floating 126.23M | ||
Percent Insiders 4.35 | Percent Institutions 32.71 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Hesai Group Sponsored ADR
Exchange NASDAQ | Headquarters - | ||
IPO Launch date 2023-02-09 | Co-Founder, Chairman of the Board & CEO Dr. Yifan Li | ||
Sector Consumer Cyclical | Industry Auto Parts | Full time employees 1249 | Website https://www.hesaitech.com |
Full time employees 1249 | Website https://www.hesaitech.com | ||
Hesai Group, through with its subsidiaries, engages in the development, manufacturing, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. The company provides gas sensor products, validation services, solution service, and other services, as well as designs and develops engineering products. Its LiDAR products are used in passenger and commercial vehicles with advanced driver assistance systems; autonomous vehicle fleets providing passenger and freight mobility services; and other applications, such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas. Hesai Group was founded in 2014 and is headquartered in Shanghai, China.
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