Hesai Group Reports First Quarter 2025 Unaudited Financial Results

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Hesai Group (HSAI) PT Raised to $23.30 at Goldman Sachs

May 27, 2025 7:43 AM EDT

Goldman Sachs analyst Tina Hou raised the price target on Hesai Group (NASDAQ: HSAI) to $23.30 (from $20.40) while maintaining a Buy rating.

The analyst comments "Hesai reported 1Q25 result with revenue in line and net profit beat mainly on higher gross margin and lower opex. Key areas of surprise: (1) Gross margin of 41.7% (+3.0pp... More