Hesai Group (HSAI, Financial) is experiencing a significant uptick in bearish trading activity, highlighted by the volume of put options in the market. In recent trading, 1,470 put options have been transacted, representing twice the anticipated volume. This surge in activity is primarily concentrated in the May 2025 7.5 and 12.5 put options, which together account for nearly 1,000 contracts.
The Put/Call Ratio for Hesai stands at a notably high 6.74, indicating a dominant bearish sentiment among traders. Additionally, the at-the-money implied volatility (ATM IV) has increased by over four percentage points, reflecting heightened market uncertainty or anticipated price fluctuations. Investors appear to be positioning themselves ahead of Hesai Group's upcoming earnings, slated for release on May 29th.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Hesai Group (HSAI, Financial) is $23.44 with a high estimate of $36.01 and a low estimate of $15.00. The average target implies an upside of 118.41% from the current price of $10.73. More detailed estimate data can be found on the Hesai Group (HSAI) Forecast page.
Based on the consensus recommendation from 13 brokerage firms, Hesai Group's (HSAI, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
