DBS Maintains Hesai(HSAI.US) With Buy Rating, Raises Target Price to $30

Futu NewsNov 14 20:31 · Ratings

Hesai-W (02525.HK): Full-year profit forecast raised, secures full-series定点 from a leading customer for 2026.

Event: The company released its unaudited financial data for the third quarter of 2025. In Q3 2025, the company achieved revenue of 800 million yuan, representing a year-on-year increase of 47.5%; net profit in Q3 2025 reached 260 million yuan, hitting a record high.

Northeast SecuritiesNov 14 19:37

Sources familiar with the matter: LiDAR manufacturer Hesai secures design-in cooperation for Xiaomi and Li Auto’s entire lineup of models for next year.

Gelonghui, November 14th | According to Blue Whale News, Hesai Technology, a LiDAR company, has secured定点cooperation for all models in 2026 with its top two ADAS clients, who have agreed to equip their vehicles with LiDAR as a 100% standard feature. Sources familiar with the matter revealed that these two clients are Xiaomi and Li Auto. Xiaomi is both a business partner and a significant shareholder of Hesai, having led Hesai's Series D funding round in 2021, which amounted to $374 million. As for Li Auto, the collaboration between the two parties has spanned several years: In July 2021, Hesai Technology reached an agreement with Li Auto on automotive-grade semi-solid-state LiDAR; recently, Hesai also announced that it had received定点orders from Li Auto.

Gelonghui FinanceNov 14 18:54

China Merchants Securities: Hesai's (02525.HK) quarterly results are in line with expectations, with significant room for expansion in the medium to long term.

According to a report by China Merchants Securities, Hesai Technology-W (02525.HK) reported third-quarter revenue and gross margin in line with expectations, with the company raising its full-year profit guidance. The shipment guidance for next year is robust, while the market has overreacted to short-term competitive pressures; however, there remains significant room for expansion in the medium to long term. China Merchants Securities raised its earnings forecast for Hesai Technology’s fiscal year 2025 by 26%, reflecting one-time benefits. The H-share target price was lowered to HK$218.1, reflecting the expanded share capital post-Hong Kong listing. The target price for Hesai Technology (HSAI.US) on the US stock market was revised downward from $32 to $28.

AASTOCKSNov 14 17:16

Summary of Hong Kong Stock Ratings: Kaiyuan Securities Maintains a Buy Rating for Baidu Group

Cailian Press will regularly compile ratings and target prices from various institutions for Hong Kong stocks.

cls.cnNov 14 15:23

Express News | CMB International Securities downgraded Hesai Technology's Hong Kong stock target price to HKD 218.1, maintaining an 'Outperform' rating.

BreakingsNov 14 09:49