Streetbeat News

HSAI

Hesai Group

https://www.hesaitech.com

Industry

Auto - Parts

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. Hesai Group was founded in 2014 and is based in Shanghai, China.

Open

4.17

Mkt cap

537M

Volume

636K

High

4.19

P/E Ratio

-8.16

52-wk high

11.20

Low

4.02

Div yield

N/A

52-wk low

3.28

Hesai Group, a leader in lidar solutions, will release its Q3 2024 financial results on November 25, 2024, after U.S. market close. An earnings call will follow at 8:00 PM ET.

Portfolio Pulse from

November 14, 2024 | 10:15 am

Hesai Technology (NASDAQ:HSAI) has been announced as the exclusive lidar provider for Leapmotor's next-generation vehicle platform, with the first model expected in 2025. This partnership strengthens their collaboration in intelligent driving, showcasing Hesai's leading lidar technology.

Portfolio Pulse from Benzinga Newsdesk

October 22, 2024 | 12:40 pm

Tesla's shares fell 5.6% in pre-market trading after a disappointing robotaxi unveiling event. Other stocks like A. O. Smith, Lilium, and Indivior also saw declines due to various reasons including lowered earnings forecasts and revenue guidance.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 12:40 pm

US-listed Chinese stocks are experiencing a rise in share prices due to recent stimulus measures.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 11:59 am

Hesai Technology (NASDAQ:HSAI) has signed a cooperation framework with SAIC Volkswagen to develop a new automotive ecosystem centered around Hesai's lidar technology. This partnership aims to leverage Hesai's advanced lidar products to enhance the automotive industry.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:33 pm

WeRide has partnered with Uber to offer robotaxi services in the UAE, while its U.S. IPO plans remain on hold. The partnership aims to boost WeRide's revenue and market presence. WeRide's IPO was delayed due to regulatory issues, but it may relaunch by year-end.

Portfolio Pulse from The Bamboo Works

September 27, 2024 | 1:26 pm

Hesai Technology has become the first company in the global lidar industry to receive the ISO 21448 Safety of the Intended Functionality certification. This achievement underscores Hesai's commitment to safety and innovation in lidar technology.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 12:10 pm

Several stocks, including Vipshop Holdings, Jiayin Group, and ATRenew, experienced declines in pre-market trading. Vipshop's shares fell 7.2% after reporting a year-over-year sales decrease, despite beating Wall Street expectations. The company also projected a revenue decline for Q3 2024.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:16 pm

Hesai Group anticipates Q3 net revenues between $61.9 million and $68.8 million, marking a year-over-year increase of 1.0% to 12.2%.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 9:10 pm

Hesai Group (NASDAQ:HSAI) reported a Q2 adjusted EPS of $(0.05), beating the estimate of $(0.06), but sales of $63.14M missed the $65.22M estimate. EPS improved from last year's $(0.04), while sales increased by 3.99% from $60.72M.

Portfolio Pulse from Benzinga Newsdesk

August 19, 2024 | 9:08 pm

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