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Hesai Group Sponsored ADR ( (HSAI) ) has provided an announcement.
On September 11, 2025, Hesai Group announced the pricing of its global offering of 19,550,000 Class B ordinary shares, with an offering price set at HK$212.8 per share. The shares are expected to begin trading on the Hong Kong Stock Exchange on September 16, 2025. The gross proceeds from the offering are anticipated to be HK$4,160.2 million, which will be used for R&D, manufacturing investment, business development, and general corporate purposes. This move is expected to bolster Hesai’s market position and support its expansion efforts.
The most recent analyst rating on (HSAI) stock is a Buy with a $35.00 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’s overall stock score is driven by its strong revenue growth and improving gross margins, which are offset by ongoing profitability and cash flow challenges. Technical indicators suggest mixed momentum, with a longer-term uptrend but short-term weakness. Valuation concerns arise from a negative P/E ratio and lack of dividend yield. The earnings call provided a positive outlook, but this was not factored into the score due to the methodology.
To see Spark’s full report on HSAI stock, click here.
More about Hesai Group Sponsored ADR
Hesai Technology is a global leader in lidar solutions, providing products for applications in passenger and commercial vehicles, autonomous driving, and robotics. The company integrates its manufacturing process with lidar R&D and design, ensuring high performance and affordability. Hesai has offices in Shanghai, Palo Alto, and Stuttgart, serving customers in over 40 countries.
Average Trading Volume: 3,194,457
Technical Sentiment Signal: Buy
Current Market Cap: $3.76B
For detailed information about HSAI stock, go to TipRanks’ Stock Analysis page.