Hesai Outlook: Weak Technicals and Mixed Fundamentals Signal Caution

Market SnapshotHeadline Takeaway: Hesai (HSAI.O) is under pressure as weak technical signals clash with mixed fundamentals and bearish sentiment. Stance: Caution advised.

News HighlightsRecent Developments: While the latest news is not directly tied to Hesai, the broader market is reacting to key industry events.

Texas Instruments (TXN) presented at a major conference, highlighting growth plans in industrial and automotive sectors. This could impact the broader semiconductor narrative. Vodafone Idea (India) is raising up to Rs 20,000 crore to strengthen its financial position. This highlights capital-raising trends in tech and telecom sectors, which could impact investor sentiment toward Hesai. Restore Robotics made headlines by using remanufactured surgical tools in a human trial. While unrelated, the move reflects growing innovation in hardware and automation — sectors where Hesai competes.

Analyst Views & FundamentalsAnalysts are split on Hesai. The simple average rating is 5.00, while the performance-weighted rating is a weak 0.00, reflecting poor historical accuracy. Goldman Sachs analyst Tina Hou recently gave a “Strong Buy” rating, but this is the only rating from a single institution, and the stock has fallen by 5.31% recently — suggesting a mismatch between sentiment and performance.

Key Fundamentals EV/EBIT: 11.97 (model score: 3.87 internal diagnostic score) Current assets turnover ratio: 28.54% (model score: 3.87) GPM (Gross Profit Margin): 42.10% (model score: 2.68) PCF (Price to Cash Flow): -21.40 (model score: 3.87) ROE (diluted): 3.1979% (model score: 2.68)These mixed signals suggest Hesai is struggling to convert operational performance into market trust.

Money-Flow TrendsMoney is flowing out across most categories. The overall inflow ratio is 0.4895, and the overall trend is negative. Large and extra-large investors are showing slight positive signs, but retail and small investors are pulling back. Small-inflow ratio is 0.4921, while extra-large-inflow ratio is 0.4761. This divergence could signal growing uncertainty among smaller traders.

Key Technical SignalsTechnically, Hesai is struggling. The technical score is 3.87 (internal diagnostic score), suggesting a weak setup with more bearish indicators than bullish ones. Internal Diagnostic Scores for Key Indicators RSI Oversold: 8.13 (strong bullish signal, but not enough to offset the bearish bias) MACD Golden Cross: 1.00 (biased bearish, with a historical average return of -4.67%) WR Oversold: 2.92 (neutral but weak) WR Overbought: 6.30 (neutral, but shows recent volatility) Morning Star: 1.00 (biased bearish, with a 0% win rate on historical signals) Recent Chart Patterns 2025-11-20: WR Oversold & RSI Oversold (bullish signs) 2025-11-24: Morning Star (bearish signal) 2025-11-26: MACD Golden Cross (bearish)Key insights suggest the stock is in a volatile and unclear trend, with bearish signals dominating — three out of five indicators pointing downward.

ConclusionHesai (HSAI.O) faces a challenging outlook. With a low technical score (3.87), mixed fundamentals, and weak analyst performance, the stock is not showing enough confidence to justify entry. Investors are advised to consider waiting for a clearer trend or stronger fundamentals before taking action. For now, avoiding Hesai appears to be the prudent move given the current signals.