Hesai Group's 2Q Revenue Guidance Indicates Positive Growth Momentum -- Market Talk

Dow Jones

05/20

0857 GMT - Hesai Group's 2Q revenue guidance shows positive momentum in growth, says DBS analysts in a note. The company guided for 2Q revenue at 850-900 million yuan, implying on-year growth of 20% to 27% and meaningful sequential acceleration, they say. Hesai also introduced a new reporting structure separating its core lidar business from strategic growth initiatives, which includes Kosmo--an AI-powered spatial intelligence device targeting robotics simulation, immersive media and physical AI applications, they say. The company expects SGI to contribute around 100 million yuan in revenue this year, they add. DBS remains constructive on Hesai's long-term outlook with its industry-leading market share. The bank maintains a buy rating and a target price of $30 per share, which last closed at $20.02.(jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

May 20, 2026 04:57 ET (08:57 GMT)

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The company guided for 2Q revenue at 850-900 million yuan, implying on-year growth of 20% to 27% and meaningful sequential acceleration, they say. Hesai also introduced a new reporting structure separating its core lidar business from strategic growth initiatives, which includes Kosmo--an AI-powered spatial intelligence device targeting robotics simulation, immersive media and physical AI applications, they say. The company expects SGI to contribute around 100 million yuan in revenue this year, they add. DBS remains constructive on Hesai's long-term outlook with its industry-leading market share. The bank maintains a buy rating and a target price of $30 per share, which last closed at $20.02.(jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2026 04:57 ET (08:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hesai Group's 2Q Revenue Guidance Indicates Positive Growth Momentum -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHesai Group's 2Q Revenue Guidance Indicates Positive Growth Momentum -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-20 16:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0857 GMT - <a href=\"https://laohu8.com/S/HSIGF\">Hesai Group</a>'s 2Q revenue guidance shows positive momentum in growth, says DBS analysts in a note. The company guided for 2Q revenue at 850-900 million yuan, implying on-year growth of 20% to 27% and meaningful sequential acceleration, they say. Hesai also introduced a new reporting structure separating its core lidar business from strategic growth initiatives, which includes Kosmo--an AI-powered spatial intelligence device targeting robotics simulation, immersive media and physical AI applications, they say. The company expects SGI to contribute around 100 million yuan in revenue this year, they add. DBS remains constructive on Hesai's long-term outlook with its industry-leading market share. The bank maintains a buy rating and a target price of $30 per share, which last closed at $20.02.(jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 20, 2026 04:57 ET (08:57 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0823038988.USD","symbol_name":"AMUNDI FUNDS ASIA EQUITY FOCUS  \"A2\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2636817607","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2636817607","pubTimestamp":1779267420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0857 GMT - Hesai Group's 2Q revenue guidance shows positive momentum in growth, says DBS analysts in a note. The company guided for 2Q revenue at 850-900 million yuan, implying on-year growth of 20% to 27% and meaningful sequential acceleration, they say. Hesai also introduced a new reporting structure separating its core lidar business from strategic growth initiatives, which includes Kosmo--an AI-powered spatial intelligence device targeting robotics simulation, immersive media and physical AI applications, they say. The company expects SGI to contribute around 100 million yuan in revenue this year, they add. DBS remains constructive on Hesai's long-term outlook with its industry-leading market share. 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Hesai Group's 2Q revenue guidance shows positive momentum in growth, says DBS analysts in a note. The company guided for 2Q revenue at 850-900 million yuan, implying on-year growth of 20% to 27% and meaningful sequential acceleration, they say. Hesai also introduced a new reporting structure separating its core lidar business from strategic growth initiatives, which includes Kosmo--an AI-powered spatial intelligence device targeting robotics simulation, immersive media and physical AI applications, they say. The company expects SGI to contribute around 100 million yuan in revenue this year, they add. DBS remains constructive on Hesai's long-term outlook with its industry-leading market share. The bank maintains a buy rating and a target price of $30 per share, which last closed at $20.02.(jiahui.huang@wsj.com; @ivy_jiahuihuang) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 20, 2026 04:57 ET (08:57 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}