Hesai Group (HSAI) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the company has positive growth potential as a leader in LiDAR technology, its recent financial performance shows significant declines in net income and EPS. Additionally, technical indicators and trading sentiment do not suggest a strong entry point currently. It is better to monitor the stock for further developments, especially after the upcoming earnings report on March 24, 2026.
The MACD is below 0 and negatively contracting, indicating bearish momentum. RSI is neutral at 40.844, and moving averages are converging, showing no clear trend. Key support levels are at 23.096 and 22.219, while resistance levels are at 25.938 and 26.815. The stock is trading near its pivot point of 24.517, suggesting indecision in the market.

Hesai Group is the world's number one LiDAR and robotaxi LiDAR maker with significant market share (17% and 61%).
The company recently joined Nvidia Halos AI Systems Inspection Lab, enhancing its compliance and safety standards.
Delivered over 2 million lidar units globally and obtained ISO 26262 ASIL B Functional Safety Product Certification.
Financial performance in Q3 2025 shows a significant drop in net income (-464.11% YoY) and EPS (-431.48% YoY).
Gross margin declined by 11.81%, indicating potential cost pressures.
Stock trend analysis suggests a likelihood of further short-term declines (-0.66% next day, -0.79% next week, -5.68% next month).
In Q3 2025, revenue increased by 47.45% YoY to 795.4M, showing strong top-line growth. However, net income dropped significantly by -464.11% YoY to 256.2M, and EPS fell by -431.48% YoY to 1.79. Gross margin decreased to 42.1%, down 11.81%, reflecting profitability challenges.
Macquarie analyst Daisy Zhang initiated coverage with an Outperform rating and a $31.50 price target, citing Hesai's cost advantages and potential to become the first global LiDAR supplier to achieve profitability. This indicates a positive long-term view from analysts.