WeRide (NASDAQ:WRD) Sees Strong Trading Volume – Still a Buy?

WeRide Inc. (NASDAQ:WRD) shares saw strong trading volume on Tuesday . 3,224,737 shares changed hands during trading, a decline of 32% from the previous session’s volume of 4,745,705 shares.The stock last traded at $7.9530 and had previously closed at $7.11.

More WeRide News

Here are the key news stories impacting WeRide this week:

• Positive Sentiment: Uber increases its strategic stake and is scaling a robotaxi partnership with WeRide in Dubai — a move that strengthens WeRide’s commercial ramp and market validation in a major rollout market. Uber increases stake in WeRide as robotaxi partnership ramps up in Dubai
• Positive Sentiment: WeRide and Uber launched fully driverless, fare-charging robotaxi service in Dubai (RTA-endorsed) — this is the company’s first public Level 4 commercial service in the city and a clear near-term revenue/scale catalyst. WeRide and Uber Launch Fully Driverless Robotaxi Fare-Charging Operations in Dubai
• Positive Sentiment: Company announced a 10% share buyback alongside expansion of its autonomous vehicle program — buybacks can support the stock while the Dubai rollout proves out. WeRide (WRD) Is Up 9.5% After Launching 10% Buyback And Expanding Autonomous Vehicle Program
• Positive Sentiment: HSBC initiated coverage with a Buy rating and $11.40 price target ( ~43% upside from the recent price), adding institutional analyst support that can attract buyers. HSBC coverage note (Benzinga)
• Positive Sentiment: News reports confirm Uber holds a ~5.8% passive stake — an endorsement from a major mobility platform that aligns incentives for commercial deployment. Uber confirms holding a 5.8% passive stake in WeRide
• Neutral Sentiment: Dubai launched 100 robot taxis in Jumeirah and Umm Suqeim (involving Uber and Apollo Go) — industry momentum helps adoption but includes competitors and broader ecosystem players. Dubai launches 100 robot taxis in Jumeirah and Umm Suqeim via Uber and Apollo Go
• Neutral Sentiment: Corporate update: WeRide adjusted board composition after the retirement of a non-executive director — routine governance change with limited immediate market impact. WeRide Updates Board Composition Following Retirement of Non-Executive Director Doi
• Negative Sentiment: Analyses question current valuation after a recent ~48.7% share-price slide — valuation and persistent losses (negative margins/EPS) remain key downside risks if commercial rollout or margins disappoint. Is WeRide (WRD) Pricing Make Sense After A 48.7% Share Price Slide?

Wall Street Analyst Weigh In

WRD has been the topic of several research analyst reports. Citigroup restated a “buy” rating on shares of WeRide in a research note on Monday, January 19th. HSBC assumed coverage on WeRide in a research note on Tuesday. They issued a “buy” rating and a $11.40 price target for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of WeRide in a report on Friday. BNP Paribas Exane assumed coverage on shares of WeRide in a report on Thursday, March 26th. They set an “outperform” rating and a $11.00 price objective on the stock. Finally, CLSA began coverage on shares of WeRide in a research report on Monday, January 5th. They issued an “outperform” rating and a $13.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $12.48.

WeRide Price Performance

The business’s fifty day moving average price is $7.37 and its two-hundred day moving average price is $8.73. The stock has a market capitalization of $2.62 billion, a PE ratio of -10.82 and a beta of 4.35.

WeRide (NASDAQ:WRD) last issued its earnings results on Monday, March 23rd. The company reported ($0.24) earnings per share (EPS) for the quarter. WeRide had a negative return on equity of 24.38% and a negative net margin of 240.54%.The firm had revenue of $44.88 million during the quarter. As a group, equities research analysts anticipate that WeRide Inc. will post -0.68 earnings per share for the current fiscal year.

Institutional Investors Weigh In On WeRide

Institutional investors and hedge funds have recently modified their holdings of the company. Vident Advisory LLC purchased a new stake in WeRide in the fourth quarter valued at approximately $298,000. Equitable Holdings Inc. acquired a new position in WeRide in the 4th quarter worth approximately $108,000. Trexquant Investment LP raised its position in WeRide by 2,038.2% during the 4th quarter. Trexquant Investment LP now owns 328,899 shares of the company’s stock worth $2,855,000 after buying an additional 313,517 shares during the last quarter. Russell Investments Group Ltd. acquired a new stake in WeRide during the 4th quarter valued at approximately $310,000. Finally, Royal Bank of Canada lifted its stake in WeRide by 84.2% during the 4th quarter. Royal Bank of Canada now owns 15,520 shares of the company’s stock valued at $134,000 after acquiring an additional 7,096 shares during the period.

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.