Latest news with #HSAI
The Hindu
07-06-2025
- Health
- The Hindu
Mysuru Regional Chapter of Indian Home Science Association inaugurated
The Mysuru Regional Chapter of the Indian Home Science Association (HSAI) was inaugurated here on Friday. The chapter will function from the Department of Food Science and Nutrition, the University of Mysore. Authorities said that it would enhance academic collaboration, community engagement, and professional development in the field of Home Science. M. Komala, president, HSAI–MRC, Mysuru, said that Home Science was an interdisciplinary subject encompassing areas such as Food Science and Nutrition, Human Development and Family Studies, Textiles and Apparel Design, Resource Management, and Extension Education and Communication. Integrating knowledge from various disciplines, it bends scientific and artistic elements and is geared towards empowering individuals by imparting knowledge and skills for personal and professional use, she added. Prof. Komala said the Indian Home Science Association was founded in the 1940s at Maharaja Sayajirao University in Vadodara, and the University of Mysore and HSAI recently signed a memorandum of understanding to jointly promote education, research, and community outreach in the field of Home Science. N.K. Lokanath, Vice-Chancellor of the University of Mysore, inaugurated the chapter here. A revised edition of the book 'Handbook of Food and Nutrition' was released on the occasion. Edited by Jamuna Prakash, the book includes current research, food indices, and national nutrition policies and programmes, said Prof. Komala.
Yahoo
28-05-2025
- Business
- Yahoo
Goldman Sachs Boosts Hesai Price Target After Strong Margin Performance
Goldman Sachs revised its outlook for Hesai Group (NASDAQ:HSAI) on May 27, reiterating its Buy rating and increasing the price target from $20.40 to $23.30. According to analyst Tina Hou, Hesai's first-quarter 2025 results were impressive, with revenue meeting and net profit surpassing projections. This was primarily due to a larger gross margin and a lower operating expense. Hesai Group (NASDAQ:HSAI) exceeded Goldman Sachs' expectation of 39.5% with a gross margin of 41.7% for the quarter, a 3.0 percentage point increase from the previous year. The increase in revenue from engineering services was primarily responsible for this improvement. Hesai's revenue guidance for the second quarter of 2025 was also 3% higher than Goldman Sachs' earlier projections. The anticipated revenue of RMB 680 million to RMB 720 million is a notable rise year-over-year and quarter-over-quarter. Hesai Group (NASDAQ:HSAI) is a Chinese technology company that develops and markets lidar devices, including sensors. Its products are mostly utilized in the industrial, robotics, ADAS, and vehicle automation industries. While we acknowledge the potential of HSAI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HSAI and that has 100x upside potential, check out our report about the cheapest AI stock. Read Next: and Disclosure: None.
Yahoo
27-05-2025
- Business
- Yahoo
Goldman Sachs Lifts Hesai (HSAI) PT After Q1 Report
On May 27, Goldman Sachs raised the firm's price target on Hesai Group (NASDAQ:HSAI) from $20.4 to $23.3, while keeping a Buy rating on the stock. The increased price target comes after the company released its fiscal Q1 2025 results earlier today. The stock has gained more than 324.53% over the past year. Logistics robots filling packages in a warehouse, preparing for delivery. The company grew its quarterly revenue by 46.3% year-over-year to reach RMB 525.3 million ($72.4 million). The revenue missed analyst estimates by $530,610, but was in-line with management's guidance of RMB 520 million and RMB 540 million. Notably, the net loss declined by 84% to RMB 17.5 million. Management attributed this improvement to increased shipment volume which was more than triple when compared to last year's volume. Looking ahead, Hesai Group (NASDAQ:HSAI) expects second quarter revenue between RMB 680 million to RMB 720 million, indicating 48% to 57% increase year-over-year. Hesai Group (NASDAQ:HSAI) is a Chinese holding company that manufactures three-dimensional light detection and ranging (LiDAR) solutions. Its technology and solutions are vital for advanced driver assistance systems (ADAS) and autonomous driving industry. While we acknowledge the potential of HSAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HSAI and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None.
Yahoo
27-05-2025
- Business
- Yahoo
Goldman Sachs Lifts Hesai (HSAI) PT After Q1 Report
On May 27, Goldman Sachs raised the firm's price target on Hesai Group (NASDAQ:HSAI) from $20.4 to $23.3, while keeping a Buy rating on the stock. The increased price target comes after the company released its fiscal Q1 2025 results earlier today. The stock has gained more than 324.53% over the past year. Logistics robots filling packages in a warehouse, preparing for delivery. The company grew its quarterly revenue by 46.3% year-over-year to reach RMB 525.3 million ($72.4 million). The revenue missed analyst estimates by $530,610, but was in-line with management's guidance of RMB 520 million and RMB 540 million. Notably, the net loss declined by 84% to RMB 17.5 million. Management attributed this improvement to increased shipment volume which was more than triple when compared to last year's volume. Looking ahead, Hesai Group (NASDAQ:HSAI) expects second quarter revenue between RMB 680 million to RMB 720 million, indicating 48% to 57% increase year-over-year. Hesai Group (NASDAQ:HSAI) is a Chinese holding company that manufactures three-dimensional light detection and ranging (LiDAR) solutions. Its technology and solutions are vital for advanced driver assistance systems (ADAS) and autonomous driving industry. While we acknowledge the potential of HSAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HSAI and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Business Insider
27-05-2025
- Automotive
- Business Insider
Hesai reports Q1 EPS RMB 0.06 vs (RMB 0.54) last year
Reports Q1 revenue RMB 525.3M vs RMB 359.1M last year. 'Hesai (HSAI) was ranked as the world's No.1 automotive lidar company by revenue market share for the fourth consecutive year in 2024, according to Yole Group-affirming our industry leadership. 2025 is off to a strong start, and we are ready to build on this momentum,' said Yifan 'David' Li, Hesai's Co-Founder and CEO. 'At the 2025 Shanghai Auto Show, one thing was clear-OEMs are all-in on intelligent driving. Our three core beliefs for lidar echo this vision-safety is not optional, never second-best, and without limits. Our ADAS lidar brings these values to life and continues to secure major design wins with new deals signed recently with Chery, Great Wall Motor, Zeekr, and Geely. Internationally, we've made rapid progress by securing a new development project with a Top 5 global Tier 1 supplier headquartered in Japan. We also empowered the Robotaxi industry as the main lidar supplier for next-generation fleets from Baidu Apollo Go, DiDi, and WeRide, while supporting the global expansion of some partners into key overseas markets. Beyond transportation, we believe every robot needs lidar as a foundational 3D sensor. Our JT series has emerged as a key enabler in this space, attracting strong interest from a wide range of Robotics customers. With accelerating adoption and expanding opportunities across the ADAS and Robotics segments, we are confident in our ability to scale our reach and unlock even greater growth in the quarters to come.'
