Meituan Drone Deal, Analyst Price Targets, and What Comes Next
Hesai Group stock (NASDAQ: HSAI) started the week in the red on Monday, December 22, 2025, even as the company disclosed a headline-grabbing expansion beyond its core automotive LiDAR business: a strategic partnership with Meituan Drone that puts Hesai’s FTX solid-state LiDAR into Meituan’s newly launched M-Drone 4L platform. [1]
The juxtaposition—strong product/news momentum vs. a down day for the shares—is exactly why HSAI has become such a magnet for “future-of-autonomy” investors. Today’s story isn’t just “stock down.” It’s about what the market is pricing in: rapid growth, manufacturing scale, geopolitical risk, and whether LiDAR demand keeps widening into drones, robotics, and higher levels of assisted…
