Hesai Group (NASDAQ:HSAI) Shares Gap Down After Earnings Miss

Hesai Group Sponsored ADR (NASDAQ:HSAI)’s stock price gapped down before the market opened on Tuesday following a weaker than expected earnings announcement. The stock had previously closed at $18.07, but opened at $15.77. Hesai Group shares last traded at $17.43, with a volume of 1,037,503 shares.

The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.07). Hesai Group had a net margin of 14.77% and a return on equity of 5.58%. The business had revenue of $126.70 million during the quarter, compared to analysts’ expectations of $126.00 million.

Key Hesai Group News

Here are the key news stories impacting Hesai Group this week:

• Positive Sentiment: Management’s second-quarter earnings call highlighted continued lidar-led momentum, supporting the long-term growth outlook as Hesai expands its automotive and robotics-related business. Hesai Group Earnings Call Signals Lidar-Led Momentum
• Positive Sentiment: Second-quarter revenue reached approximately $126.9 million, slightly above analysts’ expectations of $126.0 million, while the company remained profitable with a reported net margin of 14.75%. Hesai Group Reports Second Quarter 2026 Unaudited Financial Results
• Neutral Sentiment: Some investors view Hesai as a fundamentally improving lidar company, but the stock’s valuation remains demanding. The shares trade at roughly 40 times earnings and remain below their 200-day moving average, leaving room for debate over whether growth is adequately priced in. Hesai Group: A Better Business At A Difficult Price
• Negative Sentiment: Second-quarter adjusted earnings of $0.01 per share fell short of the $0.08 consensus estimate, despite the revenue beat. Reports also cited a weak outlook, which pressured the stock initially and remains a risk to near-term investor sentiment. Hesai Shares Fall After Q2 Miss, Weak Outlook

Analyst Ratings Changes

HSAI has been the topic of several research analyst reports. Weiss Ratings reissued a “hold (c-)” rating on shares of Hesai Group in a research report on Friday, July 24th. Wall Street Zen raised Hesai Group from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Hesai Group presently has an average rating of “Buy” and a consensus target price of $29.75.

Hedge Funds Weigh In On Hesai Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Bessemer Group Inc. lifted its stake in shares of Hesai Group by 45.3% in the 1st quarter. Bessemer Group Inc. now owns 2,325 shares of the company’s stock worth $44,000 after acquiring an additional 725 shares during the period. Legal & General Group Plc acquired a new position in shares of Hesai Group during the third quarter worth about $71,000. Blue Trust Inc. purchased a new position in Hesai Group during the first quarter worth about $51,000. SBI Securities Co. Ltd. raised its holdings in Hesai Group by 37.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 2,738 shares of the company’s stock worth $61,000 after purchasing an additional 746 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new stake in Hesai Group in the first quarter valued at about $56,000. Hedge funds and other institutional investors own 48.53% of the company’s stock.

Hesai Group Stock Performance

The stock’s 50-day moving average is $16.83 and its 200 day moving average is $20.74. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of 43.34, a P/E/G ratio of 0.70 and a beta of 1.37. The company has a debt-to-equity ratio of 0.03, a current ratio of 4.97 and a quick ratio of 4.52.

Hesai Group Company Profile

Hesai Group is a technology company specializing in the development and production of advanced LiDAR (Light Detection and Ranging) sensors and perception software platforms for autonomous vehicles, robotics, industrial automation and mapping applications. The company’s core business centers on delivering high-performance, high-reliability LiDAR solutions designed to enable precise three-dimensional sensing and real-time environment perception. Hesai’s product lineup spans mechanical rotating LiDAR units, solid-state and MEMS-based sensors, as well as integrated software stacks for object detection, tracking and data fusion.

Founded in 2014 by a team of laser sensing and robotics researchers, Hesai built its reputation on improving range, resolution and reliability of LiDAR systems while driving down cost and size.