Currently, there are 101.14M common shares owned by the public and among those 84.18M shares have been available to trade.
The company’s stock has a 5-day price change of 9.25% and 22.47% over the past three months. HSAI shares are trading 53.84% year to date (YTD), with the 12-month market performance up to 349.47% higher. It has a 12-month low price of $3.52 and touched a high of $24.18 over the same period. HSAI has an average intraday trading volume of 5.70 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 15.01%, 26.92%, and 88.38% respectively.
Institutional ownership of Hesai Group ADR (NASDAQ: HSAI) shares accounts for 43.17% of the company’s 101.14M shares outstanding.
It has a market capitalization of $2.15B and a beta (3y monthly) value of 1.25. The earnings-per-share (ttm) stands at -$0.01. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.83% over the week and 5.88% over the month.
Analysts forecast that Hesai Group ADR (HSAI) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 3.84 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0. Comparatively, EPS for the current quarter was -0.34 a year ago. Earnings per share for the fiscal year are expected to increase by 390.39%, and 114.08% over the next financial year.
Looking at the support for the HSAI, a number of firms have released research notes about the stock. Daiwa Securities stated their Buy rating for the stock in a research note on March 11, 2025, with the firm’s price target at $35. Goldman coverage for the Hesai Group ADR (HSAI) stock in a research note released on January 14, 2025 offered a Buy rating with a price target of $18.40. Morgan Stanley was of a view on January 13, 2025 that the stock is Equal-Weight, while Citigroup gave the stock Buy rating on September 26, 2023, issuing a price target of $12.90. BofA Securities on their part issued Buy rating on September 22, 2023.
