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HSAI · Analysis updated Nov 6, 2026, 11:47 AM ET
Why is Hesai Group (HSAI) stock moving?
Hesai trades near its one-year low, around $12–13. That is well below its recent $17–19 range and below its 50-day and 200-day averages. The decline reflects weak Chinese auto and tech sentiment, plus a pattern of falling after earnings, including declines of 11.3% in August and 8.1% in May. Fundamentals are improving: Q2 revenue rose 22%, net income rose 60%, the company has posted several straight quarters of GAAP profit, and it has new design wins and raised robotics guidance. Analysts remain constructive, with a consensus Buy and a $23.50 target against a price near $12.84. The stock has swung 3-8% a day over the past two weeks. The main near-term event is the Nov 10 Q3 report, with consensus revenue of $155.9M and options implying a move of about 9.8%. The last quarter's EPS missed consensus, so margins are the key risk.
News behind the analysis
- Hesai Group (HSAI) Set to Post Quarterly Earnings on TuesdayQ3 2026 results are due before the open on Nov 10, with analysts expecting revenue of $155.9M and EPS of about $0.10. The stock recently traded near its one-year low of $12.16, and the consensus target is $23.50.
- Hesai Group shares may move 9.8% on earnings releaseOptions imply a 9.8% move on the Nov 10 report. The stock has fallen after each of the last three reports, including 11.3% on Aug 18.
- Hesai Group (NASDAQ:HSAI) Shares Gap Up - Here's What HappenedShares opened at $12.82 on Nov 2 after closing at $12.18 the prior session. Analysts hold a consensus Buy rating, though some ratings were cut recently.
- Hesai Stock Tumbles 8% Toward 52-Week Low as China Auto Supply Chain StumblesShares fell more than 8% in early trading on weak Chinese auto-sector sentiment, CATL's profit slowdown and worries about Chinese tech stocks.
- Hesai Group to Report Third Quarter 2026 Financial Results on Tuesday, November 10, 2026The company will report Q3 results on Nov 10, with a call at 7:00 AM ET.
- Hesai Group Board Meeting Notice (6-K)The board will meet on Nov 10 to approve Q3 and nine-month results.
- Hesai Group Q2 2026 results (6-K)Q2 net income was RMB70.6M (US$10.4M), up 60% from a year earlier.
- Hesai's Robotics Bet Just Started Paying OffQ2 revenue rose 22% to RMB 861M, with lidar shipments up 78.4%. Hesai also won a Great Wall Motor design win and raised its 2026 SGI revenue guidance to RMB 200-300M.
- Hesai Group (HSAI) Latest News & Stock UpdatesHesai shareholders approved the Sharpa supply deal on Aug 28. Coverage also lists the Kosmo 3D world data engine launch on Oct 14.