Why Is HESAI GROUP Class B ADR (HSAI) Stock Moving Today?

Hesai Group Class B ADR (HSAI) shares fell 9.65% to $12.64 on Tuesday. The primary driver for the decline was the company's announcement that it will report third quarter 2026 unaudited financial results on November 10, 2026.

What Happened

Hesai Group, a Physical AI infrastructure company listed on both Nasdaq and the HKEX, disclosed that it will release its third quarter 2026 results before the U.S. market opens on Tuesday, November 10. The company scheduled a 7:00 AM ET earnings call to follow the release. This announcement was made on October 20, 2026. The stock had previously traded at $14.13 midday on the day of the announcement. The company also recently launched the Kosmo 3D World Data Engine for Physical AI and announced partnerships with Galbot and Dexmal.

What The Data Shows

The stock opened at $13.64, representing a 2.5% gap down from the prior close of $13.99. The session high was $13.66 at 7:25 AM ET, while the session low reached $12.60 at 9:30 AM ET. Volume stood at 0.4 million shares, which is 0.3 times the three-month daily average. The company has a market capitalization of $2.0 billion and a P/E ratio of 29.8. Revenue grew 34.0% on a trailing twelve-month basis, with a net margin of 14.9%. The stock carries a beta of 1.37. The 52-week range is $12.36 to $29.35. The stock printed four fresh 52-week lows on October 21, 2026.

What To Watch

Investors will monitor the company's third quarter 2026 unaudited financial results, which are scheduled for release on November 10, 2026.