US stocks surge | HSAI (HSAI.US) rises 3%, receives institutions' upward revision of next year's revenue and net profit forecast.

According to the Zhixin Financial APP, on Thursday, Hesai (HSAI.US) rose by 3% to $29.67. CICC International released a report stating that Hesai Technology's Robotaxi business orders continue to land, with the fundamentals remaining strong. Based on the DCF model, the target price of the US stock has been raised from $27.52 to $34.66. The bank also raised Hesai Technology's revenue forecast for 2026 to 2027 by about 2% to $4.434 billion and $5.775 billion; net profit forecast was raised by about 6% to $441 million and $624 million.