While Hesai Group ADR has underperformed by -4.42%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HSAI rose by 260.78%, with highs and lows ranging from $24.18 to $3.52, whereas the simple moving average jumped by 113.59% in the last 200 days.
On March 11, 2025, Daiwa Securities started tracking Hesai Group ADR (NASDAQ: HSAI) recommending Buy. A report published by Goldman on January 14, 2025, Upgraded its rating to ‘Buy’ for HSAI. Morgan Stanley also Downgraded HSAI shares as ‘Equal-Weight’, setting a target price of $15 on the company’s shares in a report dated January 13, 2025. Citigroup Initiated an Buy rating on September 26, 2023, and assigned a price target of $12.90. BofA Securities initiated its ‘Buy’ rating for HSAI, as published in its report on September 22, 2023. Goldman’s report from August 18, 2023 suggests a price prediction of $12.40 for HSAI shares, giving the stock a ‘Neutral’ rating. Goldman also rated the stock as ‘Buy’.
Analysis of Hesai Group ADR (HSAI)
Further, the quarter-over-quarter increase in sales is 28.96%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Hesai Group ADR’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of -2.41% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 2.58, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and HSAI is recording an average volume of 4.24M. On a monthly basis, the volatility of the stock is set at 11.47%, whereas on a weekly basis, it is put at 11.09%, with a loss of -7.07% over the past seven days. Furthermore, long-term investors anticipate a median target price of $23.53, showing growth from the present price of $18.40, which can serve as yet another indication of whether HSAI is worth investing in or should be passed over.
How Do You Analyze Hesai Group ADR Shares?
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 25.63%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 18.01% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
HSAI shares are owned by institutional investors to the tune of 18.01% at present.
