Robotaxi Fleet Milestone: WERIDE-W has reached a significant milestone with its global Robotaxi fleet now comprising 1,023 vehicles, indicating progress towards the commercialization of autonomous driving.
Expansion and Operations: The company has expanded its Robotaxi services to over 10 major cities worldwide, with fully driverless operations currently active in Guangzhou, Beijing, and Abu Dhabi, where the fleet is nearing breakeven.
Future Goals: WERIDE-W aims to deploy tens of thousands of Robotaxis globally by the year 2030, highlighting its commitment to scaling its autonomous driving technology.
Stock Performance: The stock of WERIDE-W (00800.HK) has seen an increase of 4.495%, reflecting positive market sentiment regarding its advancements in autonomous vehicle technology.
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.
0 Analyst Rating
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.
0 Buy
0 Hold
0 Sell
Current: 22.780
Low
Averages
High
Current: 22.780
Low
Averages
High
Citi Research
Buy
initiated
$39.6
2026-01-19
New
Reason
Citi Research
Price Target
$39.6
AI Analysis
2026-01-19
New
initiated
Buy
Reason
Citi Research rated WERIDE-W (00800.HK) as Buy/High Risk due to several factors: the potential for Waymo's financing round in 1Q26, which could lead to a significant re-rating of WERIDE-W's valuation; increased investor confidence regarding WERIDE-W's possible entry into the Southbound Trading of Stock Connects in June 2026; the impact of US-China tech competition potentially resulting in more aggressive policies for ADAS/robotaxis in China; and the positive development of WERIDE-W's asset-light business. The target price set by the broker is $39.6.
CICC
initiated
2025-12-29
Reason
CICC
Price Target
2025-12-29
initiated
Reason
The analyst rating for WERIDE-W (00800.HK) is based on several key factors highlighted in the article. China Merchants Securities (CMS) identifies the company as a technological pioneer and commercial first-mover in the global L4 autonomous driving sector. The report emphasizes that the global robotaxi industry is at a turning point, and WERIDE-W is well-positioned to expand its competitive advantage due to its superior overseas commercialization, comprehensive product matrix layout, and strong technological and hardware reserves. Additionally, CICC's optimistic view on the company's positioning and growth potential in the robotaxi industry led them to initiate coverage with an Overweight rating.
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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.