Hesai(US:HSAI) Ge Long Hui·2025-08-20 09:02Group 1 - The core viewpoint of the article highlights the positive outlook for Hesai Technology (HSAI.US) as multiple institutions initiate coverage with "buy" ratings, indicating strong confidence in the company's future performance [1] - CMB International has initiated coverage on Hesai Technology with a target price of $27.52, citing the gradual realization of autonomous driving equity and strong industry certainty [1] - UBS has also initiated coverage with a "buy" rating and a target price of $35, while Goldman Sachs has maintained a "buy" rating, raising its target price from $23.3 to $26.3 [1] Group 2 - Hesai Technology and RoboSense lead the global market share in LiDAR technology, with both companies set to release ADAS LiDAR suitable for vehicles priced below 200,000 RMB, priced under $200, which is expected to drive industry growth by 2025 [1] - The stock price of Hesai Technology increased by 1.22% in pre-market trading, reaching $25.7, following the positive reports from various institutions [1] - The total market capitalization of Hesai Technology is approximately $3.363 billion, with a trading volume of 2.4803 million shares [1]