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Sep 3 at 02:44 PM
$Hesai(HSAI.US)
Context: In the second quarter of 2026, Hesai Group reported CNY 860.83 million in sales and CNY 70.55 million in net income, alongside strong year-to-date growth in revenue and earnings per share versus the prior year. At the same time, the company issued third-quarter 2026 revenue guidance of RMB 1,100 million to RMB 1,150 million, signaling confidence in its near-term operating momentum and demand visibility.
My Trade: Bought a small size for future growth. Might have been in a bit early at the high side in terms of price but I do think the sector has potential. Even Goldman Sachs upgraded the stock to Buy and gave a price target of $31.
Takeaway: The latest earnings beat and strong third quarter revenue guidance reinforce the near term demand catalyst, but they do not remove key risks around heavy capacity expansion and dependence on a relatively concentrated customer base. @Captain's Treasure
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