NN (18) MFP (51) SPB (64) ATS (47) ⌘ Pro Terminal →

Hesai Group (HSAI) — RQD Stock Rating Cockpit

$12.97 -6.22% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $12.80

Hesai Group (HSAI) carries a Roarable Rating of D- (Sell) with 38/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record Warning: Scores below 50 (38/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows →

ROARABLE D- • RED ALERT Cap $2.04B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on HSAI Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is HSAI stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-02, Hesai Group (NASDAQ: HSAI) is rated D- (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 38/100 at a spot price of $12.97 (-6.22% 1D, market cap $2.04B). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 4/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 8/20, and SEC Balance-Sheet Forensics 6/20. Across 485 tracked Industrials issuers, HSAI ranks #356 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does HSAI compare to NN and MFP in the Industrials sector?

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Within the Industrials sector (Industrial Machinery/Components), HSAI carries a Roarable D- (38/100 RQD), trailing P/E of 32.7x, gross margin of 41.8%, and ROIC of 1.8%. By comparison, NN (NextNav Inc.) holds a E grade (18/100 RQD, P/E N/A, ROIC -35.0%, cap $2.04B) and MFP (Midera Food Processing Inc.) posts a D grade (51/100 RQD, P/E N/A, ROIC —, cap $1.88B). Among the 5-stock peer group, SPB leads on earnings multiple (18.8x) while SPB leads on capital efficiency (4.2% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for HSAI?

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Per HSAI's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001861737), Hesai Group generated $432.9M in revenue (+52.1% YoY), $62.3M in net income, and -$27.5M in free cash flow against $1.61B in total assets and $39.9M in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $12.80 (-1.31%)🧬 Dilution Drag (+1.64% YoY Shares)⚙️ Cash Engine: 6/20 (E) • 0% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record Warning: Scores below 50 (38/100 · D-) historically underperformed SPY in 71% of rolling 90-day windows (-7.8% avg 90D alpha vs SPY • 29.0% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERRED ALERT • D-

2-of-3 JEV AI Jury Bearish Warning

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw E · Rk D+

Each axis scored 0–20

12M PRICE TARGET CONE-9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for HSAI)Realized 20D OHLCV Swing Band: ±9.3%

Deterministic 5-Pillar Attribution (38/100 Composite)

🔍 WHY HSAI SCORES 38/100 (D-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+14/20 pts (37% of score)

Altman Z-Score 4.21 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▲ #2 Bullish Driver: Macro Regime Fit+8/20 pts (21% of score)

FRED Regime × Technicals: 6% of 52W Range • RSI-14 at 42.5 (NEUTRAL RANGE)

▼ #1 Drag / Risk Factor: Whale & Options Positioning4/20 pts (-16 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-16 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$15.12-14.6% Next Q

Q2 (-2Q)

Grade D$12.92+6% Next Q

Q3 (-1Q)

Grade D$13.69-5.3% Next Q

Current

Grade D-$12.97-7.8% Hist 90D α

Trajectory: D (46) → D- (38)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a HSAI Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While HSAI currently carries a cautious 38/100 (D-) rating due to Whale & Options Positioning (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Industrials with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($15.72) and Max Pain ($13.62) forces dealer call-delta covering toward $30.82.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.64% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $HSAI• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “HSAI Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 38%NO 62%Trade / Inspect Odds →

RSI-14 MOMENTUMNEUTRAL RANGE

42.530 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

4.21>3.0 Fortress Safe

PIOTROSKI F-SCOREHIGH QUALITY (7–9)

7 / 99-Pt Accounting

52-WEEK LASER RANGE6% OF RANGE

L: $12$12.97H: $29

1. Money & Cash Health● WEAK

Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: ERQD 6 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: ERQD 10 / 40

3. Hidden Risks & Market Weather● WATCH

SEC fine-print scan & interest-rate fit

No major SEC filing blowups, though current interest rates and Fed liquidity call for normal position sizing.

Factor Grade: D+RQD 22 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

2-of-3 JEV AI Jury Bearish Warning on HSAI

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BEARISH (30)

1.8% ROIC with 41.8% gross margin and -1.35% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BULLISH (70)

Altman-Z 4.21 and Piotroski 7/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

BEARISH (30)

10/40 institutional & smart-money positioning score with 8/20 macro alignment.

Bull Case: Why Buyers Like HSAI

✓Established market leader in Industrials with deep daily trading liquidity.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.
!Sensitive to high interest rates and tighter Federal Reserve market liquidity.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring HSAI)

✓Walkthrough of HSAI's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

HSAI // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -40.04%▼ DESCENDING CHANNEL

2026-11-02O $13.83H $13.83L $12.97C $12.97VOL 1.38M

RES: $17.21SUP: $11.24SMA50: $15.72SMA200: $19.77

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

HSAI Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 HSAI Butterfly Map → + Track HSAI →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

25.3%/yr Implied 5Y Growth

vs. +52.1% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on HSAI today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for HSAI. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for HSAI today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (HSAI)

Industrials Rank #356 of 485 ⚔️ NN vs HSAI Full Matrix →

1. Head-to-Head Industrials Peer Comparison (HSAI vs. NN, MFP, SPB, ATS)

Industry: Industrial Machinery/Components (208 Tracked Issuers)

Across 485 tracked Industrials securities in the Roarable RQD universe, Hesai Group (HSAI) ranks #356 by composite RQD confidence (38/100, grade D-) and #209 by equity capitalization ($2.04B). Within this direct 5-issuer industry benchmark cohort, SPB leads on earnings valuation at 18.8x trailing P/E, while SPB leads on capital efficiency and profitability with 4.2% ROIC and 36.7% gross margin. SPB currently holds the highest overall quantitative score in the immediate peer group at 64/100 (C) compared with HSAI at 38/100 (D-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
HSAI ACTIVE Hesai Group	D-	38/100	32.7x	41.8%	1.8%	-6.22%	$2.04B	Benchmark Subject
NN NextNav Inc.	E	18/100	—	—	-35.0%	-3.59%	$2.04B	/nn-vs-hsai →
MFP Midera Food Processing Inc.	D	51/100	—	—	—	-0.83%	$1.88B	/mfp-vs-hsai →
SPB Spectrum Brands Holdings Inc.	C	64/100	18.8x	36.7%	4.2%	+2.32%	$1.87B	/spb-vs-hsai →
ATS ATS Corporation	D	47/100	—	—	—	-0.42%	$1.85B	/ats-vs-hsai →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001861737

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Hesai Group (HSAI) reported GAAP revenue of $432.9M (+52.1% vs. FY2024 revenue of $284.6M , and +63.8% cumulative change since FY2023) , GAAP net income of $62.3M, operating cash flow of $16.7M, and free cash flow of -$27.5M (-2.4% YoY). On the balance sheet, HSAI closed FY2025 with $1.61B in total assets against $39.9M in total debt (Altman Z-Score: 4.21, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$432.9M	$62.3M	$16.7M	-$27.5M	$1.61B	$39.9M
FY2024 (FY)	2024-12-31	$284.6M	-$14.0M	$8.7M	-$26.9M	$820.6M	$36.9M
FY2023 (FY)	2023-12-31	$264.4M	-$67.0M	$8.1M	$8.1M	—	—

3. HSAI Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is HSAI stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does HSAI compare to NN and MFP in the Industrials sector?

What are the biggest fundamental strengths and SEC risk factors for HSAI?

Where is HSAI trading relative to its 50-day, 200-day, and 52-week technical levels?

HSAI last traded at $12.97 (-6.22% on volume of 1,375,379 shares), positioning the stock -17.49% below its 50-day simple moving average ($15.72) and -34.40% below its 200-day simple moving average ($19.77). Across its 52-week range of $12.00 to $29.35, HSAI sits at the 5.6% percentile with a 14-day RSI of 42.5 (NEUTRAL RANGE) and an implied next-earnings move of ±9.3% ($11.76 to $14.18).

HSAI Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell HSAI stock right now?

Hesai Group (HSAI) currently earns a Roarable Rating of D- (Sell — SELL) with 38/100 RQD Confidence. Stretched risk/reward at 33x P/E (2% return on capital) under elevated 10-year interest-rate pressure.

What is HSAI's 12-month price target and RQD AI Jury consensus?

HSAI's 12-month base price target is $11.8 (range $9.2 to $30.82), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Direct Sub-Reports: HSAI RQD Cockpit HSAI 12M Forecast HSAI Earnings & Move HSAI Dividends & DRIP HSAI Insiders & 13F HSAI Whale Options HSAI Profit Sankey HSAI News & Why