Citi Initiates 90-Day Upside Catalyst Monitoring for WERIDE-W (00800.HK)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
0mins
Source: aastocks
Citi Research Report: Citi Research has initiated a 90-day upside catalyst watch on WERIDE-W (00800.HK), highlighting potential valuation changes due to various market factors.
Valuation Insights: The report suggests a significant valuation of 280x the 2025 PS ratio, influenced by Waymo's upcoming financing round and increased investor confidence in WERIDE-W's market entry.
Market Dynamics: The ongoing US-China tech competition may lead to more aggressive policies in China regarding ADAS and robotaxis, which could benefit WERIDE-W.
Broker Rating and Target Price: WERIDE-W is rated as Buy/High Risk by the broker, with a target price set at $39.6.
Analyst Views on 00800
Wall Street analysts forecast 00800 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00800 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.780
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Current: 22.780
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
