Hesai's 15-minute chart has triggered a MACD Death Cross and a KDJ Death Cross at 09:30 on 09/23/2025. This indicates that the stock price has the potential to continue declining, as the momentum of the stock price is shifting towards the downside and may further decrease.
Hesai Group Sponsored ADR (HSAI) has recently experienced a significant technical setback with the occurrence of both a MACD Death Cross and a KDJ Death Cross at 09:30 on 09/23/2025. This indicates a potential shift in the stock's momentum towards a downward trend, which could lead to further price depreciation
Hesai Group Sponsored ADR (HSAI) Upgraded to Buy: Here's What You Should Know[1].
Despite this technical challenge, Hesai Group remains positioned favorably in the eyes of financial analysts. The company's recent upgrade to a Zacks Rank #2 (Buy) reflects a positive earnings outlook, with analysts steadily raising their estimates over the past three months. For the fiscal year ending December 2025, the consensus estimate stands at $0.31 per share, unchanged from the previous year
Hesai Group Sponsored ADR (HSAI) Upgraded to Buy: Here's What You Should Know[1].
The Zacks Rank system, which considers earnings estimate revisions, has placed Hesai Group in the top 20% of its covered stocks, indicating a solid candidate for near-term market-beating returns. This upgrade underscores the company's improving business trend, which investors should recognize by pushing the stock higher
Hesai Group Sponsored ADR (HSAI) Upgraded to Buy: Here's What You Should Know[1].
Moreover, Hesai Group's strategic partnership with a leading robotaxi company in the US, valued at over $40 million, further solidifies its position in the global lidar market. The company commands approximately 61% of the L4 autonomous driving lidar market share, making it a trusted partner in powering next-generation autonomous cars
Hesai Group (HSAI) Inks $40M Lidar Supply Deal with Robotaxi Firm[2].
In conclusion, while the technical indicators suggest a potential downturn in the short term, Hesai Group's strong fundamentals, as reflected in its earnings outlook and market position, provide a promising long-term investment case. Investors should monitor the stock closely and consider the broader market trends and company-specific developments when making investment decisions.
Comments
No comments yet