Hesai Group (HSAI) vs Zebra Technologies (ZBRA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Zebra Technologies (ZBRA) has outperformed Hesai Group (HSAI) over the past year, gaining 24.4% versus a loss of 41.9%. Hesai Group is the larger company by market cap ($20.27 billion vs $18.32 billion), about 1.1 times the size. On valuation, Zebra Technologies trades at a lower forward P/E (17.4x vs 18.4x for Hesai Group).
Hesai Group converts more of its revenue into profit, with a net margin of 14.4% versus 7.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HSAI | ZBRA |
|---|---|---|
| Share price | $16.12 | $387.24 |
| Market cap | $20.27B | $18.32B |
| 1-day change | +3.27% | +1.33% |
| YTD return | -30.31% | +57.38% |
| 1-year return | -41.91% | +24.36% |
| 5-year return | — | -25.92% |
| P/E ratio (TTM) | 34.30 | 35.49 |
| Forward P/E | 18.37 | 17.40 |
| EPS (TTM) | $0.47 | $10.91 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $432.94M | $5.40B |
| Revenue growth (YoY) | +52.14% | +8.33% |
| Net income (latest FY) | $62.33M | $419.00M |
| Gross margin | 41.79% | 48.05% |
| Operating margin | 5.57% | 12.97% |
| Net margin | 14.40% | 7.77% |
| 52-week high | $29.35 | $390.80 |
| 52-week low | $14.29 | $199.05 |
| Distance from 52-week high | -45.08% | -0.91% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +76.12% | +6.87% |
| Average volume | 1.41M | 664.04K |
| Shares outstanding | 1.04B | 47.31M |
| Employees | 1,249 | 10,700 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ZBRA has outperformed HSAI by 66.3 percentage points over the past year.
- Hesai Group is more profitable, keeping 14.4 cents of every revenue dollar as net income versus 7.8 cents for Zebra Technologies.
- Hesai Group grew revenue faster in its latest fiscal year (+52.14% vs +8.33%).
About Hesai Group
HSAI stock →Hesai Group, through with its subsidiaries, engages in the development, manufacturing, and sale of three-dimensional light detection and ranging solutions (LiDAR) in Mainland China, Europe, North America, and internationally. The company provides gas sensor products, validation services, solution service, and other services, as well as designs and develops engineering products.
Industrials · Industrial Machinery/Components · 1,249 employees
About Zebra Technologies
ZBRA stock →Zebra Technologies Corporation, together with its subsidiaries, operates in the automatic identification and data capture solutions industry worldwide. It operates in two segments, Connected Frontline, and Asset Visibility and Automation.
Industrials · Industrial Machinery/Components · 10,700 employees
HSAI vs ZBRA FAQ
Which is bigger, Hesai Group or Zebra Technologies?
Hesai Group (HSAI) is larger, with a market capitalization of $20.27B compared with $18.32B for Zebra Technologies (ZBRA).
Which stock has performed better over the past year, HSAI or ZBRA?
ZBRA returned +24.36% over the past 12 months, compared with -41.91% for HSAI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HSAI or ZBRA?
HSAI has the lower trailing P/E at 34.3, versus 35.5 for ZBRA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Hesai Group and Zebra Technologies in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.