I first heard about HSAI through a friend back in November and started keeping an eye on it. It’s the first publicly listed LiDAR company to turn a profit, which is why I like its fundamentals and position in the industry. At the time, the stock was trending down and even dipped to around $15 before bouncing. I decided to start a position in early December at about $19, mainly based on my long-term view of the business, not short-term price action. Curious how you guys see Hesai at this stage what do you think are the main opportunities and risks here? And does the current price still make sense for a medium- to long-term hold?
How do you guys see the opportunities and risks for Hesai at this stage?
byu/Monroe_Keats998 instocks
Posted by Monroe_Keats998
2 Comments
With automotive smart driving constantly upgrading and humanoid robots gaining more traction, the demand for LiDAR will keep rising. In the long run, as long as HSAI keeps advancing its technology, it should perform pretty well.
I always laugh when I see[ Lidar Stocks.](https://finance.yahoo.com/quotes/LAZR,AEVA,INVZ,HSAI,OUST,ARBE,LIDR,MVIS/) I did a lot of research on them a couple of years ago. Today, most except for HSAI are at or near historical lows. OUST only look good because people forget the 1:30 reverse split. There are too many players and the technology still has short falls relating to signal degradation with age and various environmental condition affecting it.
For me, it is stay away due to technology issues and too many players to know the winner.
Remember TSLA only uses camera. In the automotive segment, I personally feel they will need a combination of camera, radar and Lidar to get to the safety numbers for true autonomy. For building security / surveillance, any may be good but the technology shortfalls still over ride it being completely economical.
Good Luck.