HSAI Hesai Group American Depositary Share, each ADS represents one Class B ordinary share

This article provides a detailed analysis of Hesai Group (NASDAQ: HSAI) stock, highlighting a strong overweight bias across all time horizons. It outlines three distinct AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels. The report also details multi-timeframe signal analysis, including support and resistance levels.

Hesai Group (NasdaqGS:HSAI) recently secured a significant partnership to supply its FTX solid-state lidar for Meituan’s Keeta Drone M-Drone 4L delivery platform, driving optimism and a substantial share price increase. While analysts project the stock to be 25% undervalued with a fair value of $29.83 due to aggressive growth in the ADAS and LiDAR markets, concerns remain about execution risks from client concentration and overseas expansion. The company's high price-to-earnings ratio of 57x, compared to the industry average of 18.9x, indicates little room for error if growth falters.

Hesai Group's shares are gaining traction after securing a partnership to supply lidar for Meituan's Keeta Drone M-Drone 4L delivery platform, leading to a re-evaluation of its growth potential. Despite a "Most Popular Narrative" valuing Hesai at $29.83, suggesting it is 25% undervalued, other analyses highlight that its high P/E ratio of 57x compared to the industry average indicates less cushion for growth stumbles. The article encourages investors to analyze both the bullish growth narrative driven by ADAS and LiDAR adoption in EVs, and the inherent risks like client concentration and aggressive overseas expansion.

Hesai Group has announced a board reshuffle, with independent non-executive director Dr. Chen Jie resigning due to other business commitments. She is being replaced by Dr. Wang Hui, a veteran legal scholar and experienced independent director, effective December 24, 2025. This appointment is expected to maintain regulatory compliance and strengthen Hesai's corporate governance.

Hesai Technology has partnered with Keeta Drone, Meituan's autonomous urban delivery sub-brand, to supply its second-generation solid-state lidar FTX for Keeta Drone's next-generation drones. This collaboration aims to accelerate the commercialization of the low-altitude economy, with the FTX lidar providing advanced 3D perception for safe and reliable drone operations in complex urban environments, including nighttime navigation without reliance on satellite or vision-based systems. The FTX lidar is scheduled for large-scale mass production and delivery in 2026.

Hesai Group announced a partnership with Meituan's Keeta Drone to supply its solid-state FTX lidar sensors for next-generation urban delivery drones. This collaboration aims to accelerate the commercialization of drone delivery in dense urban environments and enhance the precision and safety of unmanned logistics. Keeta Drone's M-Drone 4L, which will integrate Hesai's FTX lidar, was highlighted for its advanced sensor fusion capabilities, marking a significant step in autonomous delivery technology.