WRD Should I Buy
-
$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
ET
Loading...
WeRide Inc (WRD) is not a strong buy at the moment for a beginner investor with a long-term focus. While the company shows promising growth potential through partnerships and fleet expansion, the technical indicators are bearish, and financial performance reveals significant net income losses. The stock's current price trend and lack of strong trading signals suggest waiting for clearer bullish momentum or improved financial metrics before investing.
The MACD is below 0 and negatively contracting, indicating bearish momentum. RSI is neutral at 41.565, showing no clear signal. Moving averages are bearish (SMA_200 > SMA_20 > SMA_5), and the stock is trading near its pivot level of 7.595. Key support is at 7.06, and resistance is at 8.129. Overall, the technical indicators suggest a bearish trend.
Partnerships with Uber and Grab to expand robotaxi services, including the launch of Abu Dhabi's first commercial robotaxi service.
Plans to double fleet size by year-end, leveraging AI for cost reduction and operational efficiency.
Analysts maintain long-term positive outlooks with price targets significantly higher than the current price.
Financial performance shows a significant net income loss (-70.53% YoY) and negative EPS (-0.34).
Bearish technical indicators and lack of strong trading signals.
Insider and hedge fund trading trends are neutral, showing no significant activity.
In Q3 2025, revenue increased by 144.21% YoY to $170.98M, but net income dropped by 70.53% YoY to -$307.26M. EPS also declined by 73.23% YoY to -0.34. Gross margin improved significantly to 32.93%, up 405.06% YoY, indicating better cost management despite profitability challenges.
Analysts are generally positive on WRD, with Macquarie initiating coverage with an Outperform rating and a $17.50 price target. Citi maintains a Buy rating with a $15.30 price target, citing potential valuation re-rating and entry into Southbound Stock Connect. JPMorgan lowered its price target to $17 from $21 but maintains an Overweight rating, highlighting slower monetization in China but strong long-term potential.
