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Hesai Group (HSAI) Just Raised the Bar for the Lidar Industry

Hesai Group (NASDAQ:HSAI) is among the best lidar stocks to buy according to analysts. The stock has gained more than 30% over the past month and more than 50% over the past 12 months.

At its 2026 Technology Open Day on April 20, Hesai Group – ADR (NASDAQ:HSAI) unveiled its latest generation of lidar technologies. The list included a lidar chip capable of detecting color, representing a breakthrough in the company’s lidar development.

The new ETX lidar series is built on the company’s Picasso chip platform. Hesai said its ETX series lidar offers ultra-long-range detection along with high-resolution perception. As a result, it allows vehicles fitted with it to see farther and capture more detail.

The company said its color-capable lidar delivers industry-leading range and small-object detection capabilities. This lidar chip is built for L3 and above autonomous driving, the company added.

Mass production of the ETX lidar is expected to begin in the second half of 2026. Hesai said its color-capable lidar chip will be adopted in multiple flagship vehicle models. At present, Hesai has secured production design deals with 40 automotive brands covering more than 160 models.

Hesai is China’s top lidar maker. It controlled 40% of the Chinese market share at the end of 2025. It continued to capture more market share in the months that followed, reaching 51% in February 2026. Beyond the automotive segment, Hesai is pursuing growth in other markets like robotics.

On March 24, Hesai announced that it was raising its 2026 lidar shipments to between 3 million and 3.5 million units. The company guided its Q1 2026 revenue in the band of $93 million to $100 million, reflecting a year-over-year growth of 24% – 33%.

Hesai Group (NASDAQ:HSAI) develops and manufactures 3D lidar sensors for a variety of applications. The company is known for its high-performance and cost-effective sensors. Hesai Group’s lidar products and sensors are used in autonomous vehicles, advanced driver assistance systems (ADAS), and industrial robotics.

While we acknowledge the risk and potential of HSAI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than HSAI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Best Cryptocurrency Stocks to Buy Right Now and Goldman Sachs Bank Stocks: Top 10 Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

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This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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Dr. Inan Dogan

Dr. Ian Dogan

Co-Founder and Research Director at Insider Monkey

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