On Thursday, Hesai Group (HSAI.US) gained 3%, trading at $29.67. Bocom International released a report stating that Hesai Group's Robotaxi business orders continue to materialize with fundamentals remaining solid. Based on a DCF model, the firm raised its US stock target price from $27.52 to $34.66. The institution also increased Hesai Group's revenue forecasts for 2026-2027 by approximately 2% to 4.434 billion yuan and 5.775 billion yuan respectively, while raising net profit forecasts by about 6% to 441 million yuan and 624 million yuan respectively. On September 16, Hesai Group officially listed on the Hong Kong Stock Exchange, becoming the first lidar company to achieve dual listing on both US and Hong Kong markets. It is reported that Hesai Group is currently expanding from single automotive lidar applications to new sectors including robotics. In the first half of this year, Hesai Group's lidar shipments in the robotics sector reached 98,000 units, representing a year-over-year increase of 692.9%.