Hesai Group (HSAI) Stock Shows Resilience with Strong Institutional Backing

Hesai Group’s stock closed at $21.45, marking a 3.03% after-hours gain. The company’s performance this year has been notable, with a 45.92% year-to-date return and a staggering 362.28% one-year return, significantly outpacing the MSCI World benchmark. Despite these gains, the stock has faced challenges, reflected in a -9.68% return over the past three and five years.

Institutional investors hold 45% of Hesai Group, underscoring strong confidence in the company’s long-term prospects. Key executives also maintain significant insider ownership, further aligning leadership interests with shareholders. Public ownership stands at 27%, contributing to a diverse investor base.

The upcoming earnings call on May 26 at 9 PM EDT will likely provide further insights into Hesai’s financial trajectory. The company’s trailing twelve-month revenue of $2.08 billion highlights its scale, though net income figures remain a point of scrutiny.