Stock Price Prediction

Hesai Group (HSAI) is currently trading near $15.39, close to Morgan Stanley's downgraded price target of $15.00, reflecting cautious sentiment due to competitive pressures and profitability concerns. However, its strong Q4 shipment outlook and recent LiDAR design wins position it for growth in the autonomous vehicle market. Bulls may view the stock as a speculative buy for long-term growth, but near-term risks remain significant.

Hesai Group (HSAI) is currently trading at $15.32, down 3.5% in the regular session. Bearish sentiment stems from Morgan Stanley's downgrade to "Hold" with a $15.00 price target, citing limited upside and valuation concerns. Additionally, the stock's recent volatility and pre-market decline of 4.6% reflect market skepticism despite its LiDAR advancements.