Dbs Bank Has Pessimistic View of Hesai Group FY2026 Earnings

Hesai Group Sponsored ADR (NASDAQ:HSAI) – Equities researchers at Dbs Bank lowered their FY2026 EPS estimates for Hesai Group in a report issued on Tuesday, November 3rd. Dbs Bank analyst E. Pang now anticipates that the company will post earnings per share of $0.32 for the year, down from their prior estimate of $0.45. The consensus estimate for Hesai Group’s current full-year earnings is $0.42 per share. Dbs Bank also issued estimates for Hesai Group’s FY2027 earnings at $0.64 EPS.

Hesai Group (NASDAQ:HSAI) last released its earnings results on Saturday, August 15th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.06). The firm had revenue of $126.70 million during the quarter, compared to analysts’ expectations of $126.00 million. Hesai Group had a return on equity of 5.52% and a net margin of 14.77%.

Several other equities analysts have also commented on the company. Wall Street Zen upgraded Hesai Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 3rd. Weiss Ratings downgraded Hesai Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Hesai Group presently has an average rating of “Buy” and a consensus price target of $23.50.

Hesai Group Price Performance

HSAI stock opened at $13.08 on Thursday. Hesai Group has a 52-week low of $12.00 and a 52-week high of $29.35. The stock’s fifty day simple moving average is $15.48 and its 200-day simple moving average is $19.67. The company has a quick ratio of 4.86, a current ratio of 5.37 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 31.90, a price-to-earnings-growth ratio of 1.17 and a beta of 1.47.

Hedge Funds Weigh In On Hesai Group

Several institutional investors and hedge funds have recently bought and sold shares of HSAI. Pekin Hardy Strauss Inc. raised its stake in Hesai Group by 36.7% during the third quarter. Pekin Hardy Strauss Inc. now owns 20,500 shares of the company’s stock worth $327,000 after purchasing an additional 5,500 shares during the period. TrinityBridge Ltd purchased a new stake in shares of Hesai Group during the 3rd quarter valued at $32,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Hesai Group during the 3rd quarter worth $317,000. China Universal Asset Management Co. Ltd. acquired a new stake in shares of Hesai Group during the 3rd quarter worth $248,000. Finally, Athena Wealth Management LLC raised its position in shares of Hesai Group by 55.4% in the 3rd quarter. Athena Wealth Management LLC now owns 28,470 shares of the company’s stock worth $454,000 after buying an additional 10,152 shares during the period. Institutional investors and hedge funds own 48.53% of the company’s stock.

About Hesai Group

Hesai Group is a global developer and manufacturer of lidar, or light detection and ranging, technology. Its sensors use laser signals to measure the surrounding environment and generate detailed three-dimensional data for applications that require perception, navigation, and obstacle detection.

The company’s products are designed primarily for advanced driver-assistance systems and autonomous driving, including passenger vehicles, commercial vehicles, and robotaxi fleets. Hesai also provides lidar solutions for robotics, last-mile delivery, industrial applications, and other forms of autonomous mobility.