Daiwa's analyst rating for RoboSense is based on the company's significant performance improvement in the fourth quarter, driven by the growth of its robotic laser radar business and profitability in its ADAS LiDAR segment. The firm expects RoboSense to regain market share and achieve a 160% year-on-year increase in LiDAR shipments this year, leading to profit growth. Although the target price has been lowered, the 'Buy' rating is maintained due to a higher EPS forecast for next year.
