Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>G Sachs: HESAI-W (02525.HK) 3Q Profit Beats, Rating Buy
Recommend 3 Positive 6 Negative 0 |
||||
|
||||
|
Goldman Sachs' research report covered HESAI-W (02525.HK), of which 3Q25 operating profit and net profit beat Goldman Sachs' forecasts by 125% and 200%, respectively. This was mainly attributable to higher LiDAR shipment, lower opex, and equity investment income. Goldman Sachs believed that HESAI-W is well-positioned to benefit from the accelerated adoption of navigation-assisted driving in China's NEV market starting in 2025. The introduction of low-cost products is expected to drive the use of LiDAR in mass-market vehicles. Goldman Sachs set a 12-month target price of USD36 for Hesai's US shares (HSAI.US) and HKD281 for its Hong Kong shares, with a Buy rating. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
