HSAI.O Hits 20-Day Low Amid LiDAR Concerns
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2025
0mins
Should l Buy HSAI?
Source: Yahoo Finance
Shares of HSAI.O declined sharply today, hitting a 20-day low as the market reacted to significant developments in the autonomous vehicle sector. The stock's technical breakdown signals increased bearish momentum, reflecting investor concerns over the viability of LiDAR technology following Volvo's decision to exclude it from its upcoming models. This move, attributed to supply chain issues and unmet contractual obligations with Luminar Technologies, has raised questions about the future of LiDAR in the industry.
Elon Musk's long-standing criticism of LiDAR as a 'fool's errand' further complicates the narrative, as he continues to advocate for Tesla's camera-based approach to Full Self-Driving technology. Despite Musk's assertions, Tesla's FSD system is currently under investigation by the NHTSA, casting a shadow over its advancements. Meanwhile, companies like Waymo and Hesai Technology remain committed to LiDAR solutions, indicating that while some manufacturers are stepping back, the technology still holds relevance in the market.
The combination of these factors has led to heightened volatility in HSAI.O, prompting investors to reassess their positions in light of the shifting landscape of autonomous driving technology.
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Analyst Views on HSAI
Wall Street analysts forecast HSAI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HSAI is 29.90 USD with a low forecast of 26.70 USD and a high forecast of 33.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 24.090
Low
26.70
Averages
29.90
High
33.00
Current: 24.090
Low
26.70
Averages
29.90
High
33.00
About HSAI
Hesai Group is a holding company primarily engaged in providing three-dimensional light detection and ranging (LiDAR) solutions. The Company’s primary business includes the design, development, manufacturing, and sales of LiDAR products. The Company’s main products include the AT series, ET series, and FT series. The Company’s products are used in passenger and commercial vehicles supporting advanced driver assistance systems (ADAS), autonomous vehicles, and robotics. The Company operates in both the domestic and overseas markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Technical Advantages: The Hyperion 10 platform combines cameras, radar, lidar, and ultrasonic sensors, delivering over 2,000 FP4 teraflops of real-time 360-degree sensor fusion capability, significantly enhancing safety and perception for autonomous vehicles.
- Market Outlook: NVIDIA's VP Ali Kani stated that the unified open platform for compute, sensors, and safety will accelerate the market introduction of full autonomy across the ecosystem, meeting the reliability and trust demands of mobility at scale.
- Expansion into New Applications: Hesai also announced its expansion into new sensing use cases, including 3D motion capture technology, indicating a broader strategy focused on spatial data and real-time perception beyond the automotive sector.
See More
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- Technological Edge: The NVIDIA DRIVE Hyperion 10 delivers over 2,000 FP4 teraflops of real-time computing power, and when combined with Hesai's ETX ultra-long-range lidar, enhances the perception capabilities of autonomous driving systems, ensuring higher safety and reliability standards.
- Market Impact: This partnership not only solidifies Hesai's leadership in the high-performance automotive-grade lidar solutions market but also accelerates collaboration with global automakers to bring next-generation autonomous driving technologies to market.
- Strategic Importance: The deepening collaboration with NVIDIA since 2019 underscores Hesai's critical role in the autonomous driving ecosystem, aiming to achieve safer and smarter mobility solutions.
See More
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- Strategic Partnership: Hesai Technology has partnered with South Korean startup MOVIN to provide advanced lidar solutions, aiming to extend 3D motion capture technology from professional studios to homes and outdoor environments, significantly lowering the technological barrier.
- Product Innovation: The JT128 lidar from Hesai features 128 channels and a 360° field of view, enabling high-resolution, low-latency data capture in complex environments while reducing setup time to just three minutes, greatly enhancing user experience and data quality.
- Market Potential: According to GlobalData, the 3D digitalization market is projected to grow from $5 billion in 2019 to $154 billion by 2030, with Hesai's technology enabling more creators to produce high-quality content at lower costs.
- Industry Impact: Hesai's lidar solutions are already deployed across various sectors including robotics and autonomous driving, and as the technology becomes more widespread, lidar is set to become a core infrastructure for physical AI, facilitating the application of robots in real-world environments.
See More
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- Strategic Partnership: Hesai Technology has formed a strategic alliance with South Korean startup MOVIN to provide advanced lidar solutions for its 3D motion capture systems, which is expected to democratize motion capture technology and lower accessibility barriers for everyday users.
- Product Innovation: The JT128 lidar from Hesai features 128 channels and an ultra-wide field of view, enabling high-resolution, low-latency real-time data capture that significantly enhances accuracy and reliability while reducing setup time from two hours to just three minutes.
- Market Potential: According to GlobalData, the 3D digitalization market is projected to grow from $5 billion in 2019 to $154 billion by 2030, and Hesai's partnership will allow more creators to leverage high-quality motion capture technology, driving growth in the creative industry.
- Wide Applications: Hesai's lidar solutions have been deployed across various sectors, including autonomous vehicles and delivery robots, showcasing their critical role in robotics and further solidifying the company's leadership position in the lidar market.
See More
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- Delivery Network Expansion: Keeta Drone has established 65 delivery routes across cities like Beijing, Shanghai, Shenzhen, and Guangzhou, expanding its services beyond food to include pharmaceuticals and emergency supplies, having completed over 740,000 deliveries, showcasing its strong market penetration.
- Technological Innovation: Keeta's fourth-generation long-range drone, the M-Drone 4L, incorporates lidar as a standard component, utilizing sensor fusion of lidar, vision, and GNSS to enhance precision and safety in low-altitude logistics.
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See More
