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Added to YB: 2025-07-30

Pitch date: 2025-07-28

HSAI [bullish]

Hesai Group

-5.05%

current return

Author Info

No bio for this author

Company Info

Hesai Group, through with its subsidiaries, engages in the development, manufacture, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally.

Market Cap

$21.7B

Pitch Price

$21.99

Price Target

26.00 (+27%)

Dividend

N/A

EV/EBITDA

39.88

P/E

44.65

EV/Sales

5.53

Sector

Automobile Components

Category

growth

Show full summary:
Morgan Stanley Upgrades $HSAI to Overweight, Raises PT to $26

HSAI: Morgan Stanley upgrades to Overweight, PT $26 (from $23). China market share hit 37% in May 2025 vs 22% YoY, surpassing Robosense & Huawei. Volume upside from Xiaomi, Leap Motor & BYD share gains. Overseas growth as L2+ smart driving reaches 15-20% non-China vehicles by 2030, making LiDAR standard in $30k+ cars.

Read full article (1 min)