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Hesai Group Appeals U.S. Court Ruling on DoD Designation

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Hesai Group Appeals U.S. Court Ruling on DoD Designation

Elevate Your Investing Strategy:

An update from Hesai Group Sponsored ADR ( (HSAI) ) is now available.

On July 13, 2025, Hesai Group filed a Notice of Appeal with the U.S. Court of Appeals to contest a decision by the U.S. District Court for the District of Columbia. The court upheld the U.S. Department of Defense’s designation of Hesai under the National Defense Authorization Act, despite acknowledging no evidence of military use of Hesai’s products. The court’s decision was based on the location of Hesai’s R&D centers and the potential military applications of lidar technology. Hesai, which focuses on civilian and commercial applications, is committed to defending its reputation and continuing its operations.

The most recent analyst rating on (HSAI) stock is a Buy with a $7.20 price target. To see the full list of analyst forecasts on Hesai Group Sponsored ADR stock, see the HSAI Stock Forecast page.

Spark’s Take on HSAI Stock

According to Spark, TipRanks’ AI Analyst, HSAI is a Neutral.

Hesai Group demonstrates strong revenue and shipment growth, as highlighted in the positive earnings call, which is the most significant factor in the stock score. While technical indicators show bullish momentum, the company’s ongoing profitability challenges and negative valuation metrics weigh down the overall score. The financial performance, despite some strengths in revenue and equity position, is affected by persistent net losses and cash flow issues.

To see Spark’s full report on HSAI stock, click here.

More about Hesai Group Sponsored ADR

Hesai Group is a global leader in lidar solutions, providing products that enable applications in passenger and commercial vehicles, autonomous driving, robotics, and other non-automotive sectors. The company integrates its manufacturing process with R&D to ensure high performance and affordability, serving customers in over 40 countries from offices in Shanghai, Palo Alto, and Stuttgart.

Average Trading Volume: 4,425,680

Technical Sentiment Signal: Buy

Current Market Cap: $3.24B

For detailed information about HSAI stock, go to TipRanks’ Stock Analysis page.

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