Industries
LiDAR (Automotive Electronics & Autonomous Driving Perception)
All research in LiDAR (Automotive Electronics & Autonomous Driving Perception) — 4 reports.
36/100
Aeva Technologies: A Genuine LiDAR Re-Rating, Priced As If 2028 Is Already Won
Aeva builds FMCW 4D LiDAR sensors and perception software for automotive, trucking, and industrial customers, converting technical differentiation into early commercial wins like Nikon and NVIDIA Hyperion. Q1 2026 revenue grew 86% to $6.3 million but stayed service-heavy, while the stock's roughly $1.64 billion valuation already prices in 2028 production ramps that remain contractually unproven. Rating Watch: real technology validation, but no margin of safety until shares fall toward the $8-10 conservative range.
41/100
Ouster: A Much Better Lidar Company, Priced Like the Transition Is Already Won
Ouster is a digital-lidar and perception supplier that has broadened from a single-product sensor maker into an industrial-automation and smart-infrastructure platform, with 2025 revenue of $169.4 million (up from $83.3 million in 2023) and Q1 2026 revenue of $49 million, up 49% year over year, alongside a 43% GAAP gross margin. Rating Watch: the July 2, 2026 $200 million common-stock offering at $55.22 per share confirms management will dilute shareholders whenever the stock is rich, and at the July 3 close of $49.84 the market is already paying for sustained 30%-50% growth and a clean path to profitability, leaving the ideal buy zone at $20 to $22.
51/100
RoboSense Deep Dive: A LiDAR Supplier Powered by the Twin Engines of Automotive and Robotics
RoboSense is a LiDAR supplier driven by the twin engines of automotive ADAS and robotics, using in-house chips to cut costs and scale up volume. In 2025 it posted revenue of 1.941 billion yuan and lifted gross margin to 26.5%, turning its first-ever quarterly profit in Q4; in Q1 2026 gross margin slipped back to 21.7% and it lost another 63.32 million yuan, so the scale inflection has arrived but the profit inflection is not yet proven. Rating Watch: robotics volume is materializing, but durable profitability still needs validating, and the current price sits above the ideal buy zone of HKD 19 to 23.
49/100
Hesai Group (HSAI) Zen Horizon Research Report
Hesai Group is the global leader in automotive lidar, founded in Shanghai in 2014, listed on Nasdaq in 2023, and dual-primary listed in Hong Kong in 2025. As a pure-play lidar hardware supplier, its products span ADAS factory installation, Robotaxi/L4, and robotics, with customers including 40 auto brands and most of the world's leading Robotaxi companies. Research rating Watch: 2025 shipments reached 1.62 million units, revenue was about $433 million, or roughly RMB3.0 billion, and Hesai became the world's first lidar company to deliver full-year GAAP profitability, yet weak earnings quality, slowing growth, and binary U.S. regulatory tail risk keep the stock below a Buy threshold.