JPMorgan remains their confident in WRD in long term, they said that recent term revenue moderation is driven by regulatory pacing rather than structural problems. BofA also applied a BUY rating, projecting WeRide's path toward profitability in 2029. Bank of America highlighted their global service expansion. Recently the company launched robotaxi fleets with Uber in Dubai and Abu Dhabi with WePilot 3.0 system, one-stage end-to-end ADAS solution jointly developed with Bosch.
Notably, Wall Street analyst implied 68.5% upside from WRD current target. Analysts are raising their confidence about WRD earnings revisions. the EPS estimate has moved higher by 3.4% and zero downward revisions. WRD is ranks #2 in Zacks Rank, top 20% of covered stocks.