HSAI
Hesai Group
Next earnings Aug 12, 2026 · consensus $0.58 EPS, $886M rev
$17.19
▲ +9.07%$17.19▼ -21.61%
over 1Y
L $14.80H $29.80
Today+9.1%
1W+14.4%
1M-20.6%
3M-16.7%
YTD-28.6%
1Y-21.6%
Buy
Conviction
Horizon
Medium (3–12mo)
Street · 31 analysts
Strong Buy
Revenue grew 52.1% YoY.
Revenue (FY2025) $433M · FY2025
The read
Solid fundamentals at a roughly fair price — reasonable risk/reward at today's level.
Hesai Group shows $433M in FY2025 revenue (+52.1% YoY), a 14.4% net margin, and 4.9% ROE.
Supporting the case: revenue grew 52.1% YoY; healthy net margin (14.4%); conservative balance sheet (liabilities/equity 0.26x).
Is HSAI a buy? The one-page verdict, explained →
The options angle
model · matches our verdictBull call spread (wide)~60d expiry
- Long call 17 @ ~2.78 est
- Short call 20 @ ~1.71 est
debit $107max +$193max −$107BE 18.07
High-conviction BUY: a wider spread keeps more of the upside while the short call still cuts cost and decay.
Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | $174M | $264M | $285M | $433M |
| Gross profit | $68.4M | $93.2M | $121M | $181M |
| Operating income | -$54.8M | -$80.5M | -$28.1M | $24.1M |
| Net income | -$43.6M | -$67.0M | -$14.0M | $62.3M |
| Diluted EPS | -$0.94 | -$0.54 | -$0.11 | $0.43 |
| Net margin | -25.0% | -25.4% | -4.9% | 14.4% |
10-year statements — income, cash flow, balance sheet & CSV export →
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$2.57B
EV / EBITDA61.4
EV / Sales5.9
EV / FCF—
P / FCF—
PEG (trailing)0.07
Earnings yield2.3%
FCF yield-1.0%
Quality & risk
ROIC (est.)1.4%
Free cash flow-$27.5M
Total debt$104M
Net cash$134M
Altman Z-Score5.42 safe
Piotroski F-Score5/8
Capital returns
Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Recent filings
all on EDGAR ↗6-KPeriod ending 2026-06-262026-06-26open ↗6-KPeriod ending 2026-06-122026-06-12open ↗6-KPeriod ending 2026-06-052026-06-05open ↗6-KPeriod ending 2026-05-262026-05-26open ↗6-KPeriod ending 2026-05-202026-05-20open ↗6-KPeriod ending 2026-05-192026-05-19open ↗6-KPeriod ending 2026-05-082026-05-08open ↗SCHEDULE 13G/AFiling2026-05-06open ↗6-KPeriod ending 2026-04-272026-04-27open ↗6-KPeriod ending 2026-04-242026-04-24open ↗20-FPeriod ending 2025-12-312026-04-24open ↗6-KPeriod ending 2026-04-102026-04-10open ↗
Frequently asked
- Is Hesai Group (HSAI) a buy?
- HSAI currently carries a Buy rating with 4/5 conviction, derived from its latest SEC filings. Revenue grew 52.1% YoY.
- What is HSAI's fair value?
- A Modified-Graham model based on HSAI's SEC fundamentals estimates a fair value of about $16.06. It is an estimate from reported earnings, not a price target.
- Is HSAI overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, HSAI currently appears fairly valued relative to its SEC-grounded earnings power.
- What is Hesai Group's quality score?
- HSAI scores 68.15070727580373/100 (grade B-) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001861737, latest 6-K filed 2026-06-26) · EODHD · as of 7/5/2026, 7:16:15 AM.
About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice
Rule-based analysis, generated automatically from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jul 5, 2026, 3:16 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.