Industry Recognition: Hesai Technology has been named to Morgan Stanley's exclusive list of the world's 25 most influential robotics companies, being the only lidar company included, which underscores its leadership in 3D perception capabilities and strengthens its competitive position in the rapidly evolving robotics market.
Surging Market Demand: By 2050, approximately 700 million lidar units will be needed to support 1.4 billion robots, representing a nearly 300-fold increase from 2025 levels, positioning Hesai's technology as a critical enabler to meet this burgeoning demand.
Delivery Milestone: In 2025, Hesai became the first automotive lidar company to surpass 2 million cumulative deliveries while maintaining the number one market share in ADAS main lidar for nine consecutive months, showcasing its robust manufacturing capabilities and market acceptance.
Product Expansion: Hesai's JT-series mini 360° 3D robotics lidars have achieved over 200,000 cumulative deliveries since launch, receiving strong market validation across robotics, industrial, logistics, and autonomous driving systems, indicating its broad applicability and reliability in diverse applications.
HSAI
$20.88+Infinity%1D
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 32.70 USD with a low forecast of 26.70 USD and a high forecast of 38.10 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.
5 Analyst Rating
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 32.70 USD with a low forecast of 26.70 USD and a high forecast of 38.10 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.
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 20.470
Low
26.70
Averages
32.70
High
38.10
Current: 20.470
Low
26.70
Averages
32.70
High
38.10
CICC
NULL -> Outperform
initiated
$23.50
2025-11-24
Reason
CICC
Price Target
$23.50
2025-11-24
initiated
NULL -> Outperform
Reason
CICC initiated coverage of Hesai with an Outperform rating and $23.50 price target.
Goldman Sachs
Tina Hou
Buy
maintain
$36
2025-09-22
Reason
Goldman Sachs
Tina Hou
Price Target
$36
2025-09-22
maintain
Buy
Reason
Goldman Sachs analyst Tina Hou raised the firm's price target on Hesai to $36 from $26.30 and keeps a Buy rating on the shares. The firm sees LiDAR adoption ramping in China this year with global adoption ramping in 2026 and 2027. By 2030, Hesai's overseas advanced driver assistance systems LiDAR volume should reach 3M, exluding the U.S., similar to China's volume in 2025, the analyst tells investors in a research note.
Citi
Jeff Chung
Buy
maintain
$37
2025-09-16
Reason
Citi
Jeff Chung
Price Target
$37
2025-09-16
maintain
Buy
Reason
Citi analyst Jeff Chung raised the firm's price target on Hesai to $38.10 from $37 and keeps a Buy rating on the shares. The firm upped the stock's multiple to reflect Hesai's "robust" new order wins and policies that could increase LiDAR penetration.
UBS
NULL -> Buy
initiated
$35
2025-08-19
Reason
UBS
Price Target
$35
2025-08-19
initiated
NULL -> Buy
Reason
UBS initiated coverage of Hesai with a Buy rating and $35 price target. Along with its recent entry into top-selling domestic OEMs' supply chains, UBS expects Hesai to become the world's largest supplier of Advanced Driver Assistance Systems LiDAR for photovoltaics from 2025E, the analyst tells investors in a research note. Hesai's order win from Mercedes-Benz signifies a breakthrough in the overseas PV ADAS LiDAR market, and its entry into robotics lawnmower LiDAR could unlock a new growth opportunity, the firm says.
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.
