Hesai Group ADR [NASDAQ: HSAI] stock went on an upward path that rose over 7.46% on Wednesday, amounting to a one-week price increase of more than 17.95%.
Over the last 12 months, HSAI stock rose by 308.35%. The one-year Hesai Group ADR stock forecast points to a potential upside of 14.75. The average equity rating for HSAI stock is currently 1.13, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $2.13 billion, with 101.14 million shares outstanding and 84.18 million shares in the current float. Compared to the average trading volume of 5.70M shares, HSAI stock reached a trading volume of 7089621 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Hesai Group ADR [HSAI]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HSAI shares is $24.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HSAI stock is a recommendation set at 1.13. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Daiwa Securities have made an estimate for Hesai Group ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 11, 2025. While these analysts kept the previous recommendation, Goldman dropped their target price from $5.50 to $18.40. The new note on the price target was released on January 14, 2025, representing the official price target for Hesai Group ADR stock. Previously, the target price had yet another raise from $5.80 to $15, while Morgan Stanley kept a Equal-Weight rating on HSAI stock.
The Average True Range (ATR) for Hesai Group ADR is set at 1.64, with the Price to Sales ratio for HSAI stock in the period of the last 12 months amounting to 7.37. The Price to Book ratio for the last quarter was 4.77, with the Price to Cash per share for the same quarter was set at 4.34.
HSAI Stock Performance Analysis:
Hesai Group ADR [HSAI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.95. With this latest performance, HSAI shares gained by 60.66% in over the last four-week period, additionally plugging by 415.44% over the last 6 months – not to mention a rise of 308.35% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HSAI stock in for the last two-week period is set at 67.22, with the RSI for the last a single of trading hit 74.33, and the three-weeks RSI is set at 62.36 for Hesai Group ADR [HSAI]. The present Moving Average for the last 50 days of trading for this stock 16.72, while it was recorded at 19.02 for the last single week of trading, and 11.02 for the last 200 days.
Insight into Hesai Group ADR Fundamentals:
Hesai Group ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.51 and a Current Ratio set at 2.87.
Hesai Group ADR [HSAI] Institutonal Ownership Details
The top three institutional holders of HSAI stocks are: LIGHTSPEED OPPORTUNITY FUND, L.P. with ownership of 10.69 million shares, which is approximately 8.2804%. FIL LTD, holding 5.04 million shares of the stock with an approximate value of $$21.1 million in HSAI stocks shares; and FIL LTD, currently with $$6.39 million in HSAI stock with ownership which is approximately 1.1822%.
