WeRide (NASDAQ:WRD) Upgraded at Zacks Research

Zacks Research upgraded shares of WeRide (NASDAQ:WRD) from a hold rating to a strong-buy rating in a research note issued to investors on Monday morning,Zacks.com reports.

A number of other research analysts have also recently commented on WRD. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of WeRide in a research report on Monday, December 29th. CLSA assumed coverage on WeRide in a report on Monday, January 5th. They issued an “outperform” rating and a $13.00 price objective for the company. Bank of America initiated coverage on shares of WeRide in a report on Monday, December 1st. They set a “buy” rating and a $12.00 price objective on the stock. Finally, Citigroup reiterated a “buy” rating on shares of WeRide in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $13.13.

WeRide Trading Down 0.4%

NASDAQ:WRD opened at $7.53 on Monday. The stock has a market capitalization of $2.44 billion, a PE ratio of -10.04 and a beta of 4.36. The firm’s 50 day moving average is $7.46 and its 200 day moving average is $8.79. WeRide has a 12 month low of $6.01 and a 12 month high of $16.25.

WeRide (NASDAQ:WRD) last posted its quarterly earnings data on Monday, March 23rd. The company reported ($0.24) EPS for the quarter. WeRide had a negative net margin of 240.54% and a negative return on equity of 24.38%. The firm had revenue of $44.88 million during the quarter. Research analysts predict that WeRide will post -0.68 earnings per share for the current year.

Institutional Trading of WeRide

A number of hedge funds and other institutional investors have recently made changes to their positions in WRD. China UAE Investment Cooperation Fund L.P. bought a new position in WeRide in the 4th quarter worth about $67,443,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of WeRide by 55.3% during the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,621,712 shares of the company’s stock valued at $45,770,000 after buying an additional 1,645,769 shares during the period. FengHe Fund Management Pte. Ltd. increased its position in shares of WeRide by 198.5% during the fourth quarter. FengHe Fund Management Pte. Ltd. now owns 4,175,181 shares of the company’s stock valued at $36,241,000 after buying an additional 2,776,381 shares during the period. Temasek Holdings Private Ltd lifted its holdings in shares of WeRide by 119.7% in the fourth quarter. Temasek Holdings Private Ltd now owns 2,978,803 shares of the company’s stock worth $25,856,000 after buying an additional 1,623,156 shares in the last quarter. Finally, UBS Group AG lifted its holdings in shares of WeRide by 89.2% in the fourth quarter. UBS Group AG now owns 2,768,106 shares of the company’s stock worth $24,027,000 after buying an additional 1,305,321 shares in the last quarter.

Key WeRide News

Here are the key news stories impacting WeRide this week:

• Positive Sentiment: Zacks Research upgraded WeRide from “hold” to “strong-buy,” which can attract momentum investors and support buying interest. Zacks TickerReport
• Positive Sentiment: Unusually large options activity: investors bought ~8,592 call options on 3/24 (≈167% above average daily call volume), signalling short‑term bullish positioning that can amplify upside on positive news or low supply days.
• Positive Sentiment: WeRide reported a Next Day Disclosure showing a share buyback filing on the Hong Kong exchange (filed 3/24). A buyback program can be supportive to the share price if executed. TipRanks article
• Positive Sentiment: Fundamental update: coverage notes that 2025 revenues nearly doubled and losses narrowed, which helped a recent run-up in the stock as investors respond to improving top‑line trends. InsiderMonkey article
• Neutral Sentiment: Multiple short‑interest notices report a “large increase” in March but list 0 shares and NaN changes, with days‑to‑cover shown as 0.0—this appears to be a data/reporting anomaly rather than a clear build‑up of short interest, so it creates uncertainty rather than a clear bullish or bearish signal.

About WeRide

WeRide Inc (NASDAQ: WRD) is a developer of autonomous driving technology focused on providing Level 4 (L4) self-driving solutions for passenger mobility and logistics. The company’s full-stack platform integrates sensors, computing hardware, software algorithms and vehicle controls to enable driverless taxis, shuttles and goods delivery vehicles. By combining perception, planning and controls in a turnkey system, WeRide aims to accelerate the commercialization of robotaxi services and autonomous fleet operations.

Founded in 2017 and headquartered in Guangzhou, China, WeRide maintains research and development centers in Silicon Valley and China.