On June 9, 2025, investment firm Jefferies initiated coverage on Hesai Gr (HSAI, Financial), assigning the stock a 'Buy' rating. This new coverage marks an important step for HSAI as Jefferies, a major player in the financial services sector, adds its analytical insight to the company's market prospects.
The analyst responsible for this new coverage is Xiaoyi Lei, who has announced a price target of $29.30 for HSAI. This target implies confidence in the company's growth potential and market performance.
Currently, there is no previous rating or price target available for HSAI from Jefferies, making this 'Buy' rating a fresh evaluation. The announcement is expected to draw interest from investors looking to explore opportunities within the market sector HSAI operates.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Hesai Group (HSAI, Financial) is $24.63 with a high estimate of $37.02 and a low estimate of $16.31. The average target implies an upside of 23.17% from the current price of $20.00. More detailed estimate data can be found on the Hesai Group (HSAI) Forecast page.
Based on the consensus recommendation from 15 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.
