Hesai Group (HSAI, Financial) has achieved a notable advancement in its collaboration with automotive manufacturer Zeekr with the integration of its advanced ATX lidar technology into the newly launched Zeekr 007GT luxury sedan. This partnership solidifies Hesai's position as a leader in the intelligent driving sector.
The integration of Hesai's ATX lidar in the Zeekr 007GT is just the beginning, as future Zeekr models are slated to adopt this cutting-edge technology. The ATX model is recognized for its small size and superior performance, thanks to Hesai’s fourth-generation proprietary architecture. Key features include enhanced optical and mechanical design along with a highly efficient laser transmission and reception module, ensuring the lidar offers ultra-high-definition, long-range capabilities.
This collaboration not only strengthens Hesai's market presence but also underscores the company's commitment to advancing automotive technology through innovative lidar solutions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Hesai Group (HSAI, Financial) is $23.44 with a high estimate of $36.01 and a low estimate of $15.00. The average target implies an upside of 99.45% from the current price of $11.75. More detailed estimate data can be found on the Hesai Group (HSAI) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Hesai Group's (HSAI, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
