Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>CICC Raises HESAI-W's TP to HKD241.1; L3 & L4 Autonomous Driving Opens Up Growth Space
Recommend 4 Positive 8 Negative 4 |
||||
|
||||
|
HESAI-W (02525.HK) showcased its latest LiDAR technology achievements at CES 2026 this month and updated its operational conditions like delivery volume, capacity planning, and strategic cooperation, according to a CICC report. The company's mass production delivery capability leads the industry, while its domestic and international capacity is advancing steadily. Besides, the L3 model has received approval from China's Ministry of Industry and Information Technology, making a further increase in the number of LiDARs per vehicle possible. CICC believes LiDARs will serve as a key engine in the next wave of physical AI like Robotaxi and robots. The broker has kept an Outperform rating on HESAI-W and, considering the upward shift in valuation centers for the autonomous driving and robotics sectors, raised its target price by 32.1% to HKD241.1. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
