HSAI stock forecast, quote, news & analysis
Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR... Show more
Why Hesai Group (HSAI) Stock Is Down -15% in the Last 30 Days
Key Takeaways
- Hesai Group shares declined roughly 15% over the 30 days through mid-October, falling from about $16.52 to $13.99, extending a pullback from an August peak near $19.30.
- The slide came even as the company launched its Kosmo 3D world data engine and expanded beyond core lidar hardware into spatial intelligence and robotics.
- Hesai remains the global lidar shipment leader, holding 43% of the long-range ADAS lidar market in 2025, according to Yole Group, and posted five consecutive quarters of GAAP profitability as of Q2 2026.
- The recent decline reflects profit-taking after a strong August rally, broader volatility in Chinese technology ADRs, and investor positioning ahead of third-quarter results.
- Analyst consensus on the stock remains "Strong Buy," though near-term sentiment has turned cautious as shares approach the lower end of their 52-week range.
Hesai Group (HSAI) Company Overview and Market Position
Hesai Group is a Shanghai-based technology company that describes itself as a "Physical AI infrastructure" provider. Its core business is the design, development, and manufacturing of lidar (light detection and ranging) sensors used in advanced driver-assistance systems (ADAS), autonomous vehicles, and robotics. The company's product portfolio spans its AT, ET, and FT series for automotive applications, the Pandar, OT, XT, and QT series for robotics, and, more recently, the Kosmo spatial intelligence platform and robotic actuation modules.
Hesai operates in-house manufacturing facilities in China and Thailand, with offices in Shanghai, Palo Alto, and Stuttgart and customers in more than 40 countries. The company holds a leading share of the global lidar market and is dual-listed on the Nasdaq under the ticker HSAI and on the Hong Kong Stock Exchange. Investors follow the stock for its exposure to the rapidly growing adoption of lidar in electric vehicles and autonomous driving, as well as its expansion into robotics and physical AI.
Hesai Group (HSAI) Stock Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, Hesai shares declined approximately 15%, falling from a closing price near $16.52 to about $13.99. The stock slipped steadily through late September and into October, with the steepest drop occurring in the second week of October when shares fell from roughly $15.12 to an intraday low near $12.36 before stabilizing.
The broader quarterly trend has been more volatile. Over the trailing three months, the stock is down roughly 6% from about $14.93, but that modest net decline masks a sharp rally. Shares climbed from the mid-$15 range in late July to a peak near $19.30 in mid-August before giving back those gains through September and October. The result is a stock that has round-tripped a significant rally and now trades near the lower end of its 52-week range of $12.36 to $29.35.
What Drove HSAI Stock Price in the Last 30 Days
The recent decline does not appear tied to a single negative company development. Instead, several factors combined to weigh on the stock. First, shares entered the period after a strong August run-up, leaving the stock vulnerable to profit-taking as momentum faded. Second, Hesai and other Chinese technology ADRs faced broader risk-off pressure and sector rotation during the period.
Notably, the pullback coincided with the October 14 launch of Kosmo, Hesai's 3D world data engine that pairs a spatial camera with a cloud platform to create simulation-ready 3D environments for robotics and immersive content. While the launch reinforces the company's expansion into physical AI, it also introduces execution questions around new software and services revenue, which some investors weighed against near-term uncertainty.
The company also announced on October 20 that it would report third-quarter 2026 results on November 10, prompting positioning ahead of that disclosure. Despite the share-price weakness, the company's fundamentals remained intact through the period, with no verified downgrade to its underlying operational outlook.
What Drove HSAI Stock Performance Over the Last Quarter
The quarter's narrative centered on Hesai's transition from a pure lidar hardware maker into a broader physical AI platform. Second-quarter results showed total net revenue up about 22% year over year to RMB 861 million, gross margin of roughly 40%, and a fifth consecutive quarter of GAAP profitability. Total lidar shipments exceeded 628,000 units, with robotics lidar shipments up about 193% year over year.
Those results, along with a series of high-profile design wins, helped fuel the August rally. Hesai confirmed a strategic lidar partnership with Mercedes-Benz for Level 3 autonomy, announced a design win with Volkswagen across multiple China joint-venture models, and added a Great Wall Motor program using its ETX ultra-long-range lidar. The company also began reporting results through two segments — core lidar and strategic growth initiatives — as robotic actuation modules and the Kosmo platform began contributing early revenue.
The subsequent decline reflected a cooling of that enthusiasm, as investors weighed the costs of scaling new initiatives and broader market pressures against an otherwise strong lidar business.
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HSAI Stock Forecast Drivers: What Investors Should Watch Next
Several factors will shape Hesai's direction in the near term. The most immediate is third-quarter 2026 earnings on November 10, where investors will focus on revenue, lidar shipment progress, and updates to the company's full-year guidance of 3 million to 3.5 million lidar units. Commentary on the Kosmo spatial intelligence platform and robotic actuation modules — and their path toward the company's 2026 strategic growth initiatives revenue outlook — will also be closely watched.
Beyond earnings, key drivers include the pace of lidar adoption in electric vehicles, the ramp of multi-lidar Level 3 programs with automakers, and competitive pricing pressure across the lidar industry. Macroeconomic and geopolitical factors, including U.S.-China relations and the outlook for Chinese ADRs, remain relevant risks. Investors should monitor shipment data, design-win announcements, and margin trends rather than short-term price swings alone.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
HSAI in upward trend: price may ascend as a result of having broken its lower Bollinger Band on October 12, 2026
HSAI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 32 of 35 cases where HSAI's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where HSAI's RSI Oscillator exited the oversold zone, 15 of 20 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 37 of 51 cases where HSAI's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 73%.
Following a +12.77% 3-day Advance, the price is estimated to grow further. Considering data from situations where HSAI advanced for three days, in 155 of 193 cases, the price rose further within the following month. The odds of a continued upward trend are 80%.
Bearish Trend Analysis
The Moving Average Convergence Divergence Histogram (MACD) for HSAI turned negative on October 12, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 32 similar instances when the indicator turned negative. In 24 of the 32 cases the stock turned lower in the days that followed. This puts the odds of success at 75%.
HSAI moved below its 50-day moving average on September 22, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for HSAI crossed bearishly below the 50-day moving average on September 22, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 82%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HSAI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 85%.
The Aroon Indicator for HSAI entered a downward trend on October 27, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 34 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.234) is normal, around the industry mean (0.833). P/E Ratio (3.870) is within average values for comparable stocks, (40.413). Projected Growth (PEG Ratio) (0.515) is also within normal values, averaging (1.471). Dividend Yield (0.000) settles around the average of (0.041) among similar stocks. P/S Ratio (5.311) is also within normal values, averaging (48.609).
The Tickeron SMR rating for this company is 78 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 79 (best 1 - 100 worst), indicating slightly worse than average price growth. HSAI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 97 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. HSAI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.
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