WeRide (NASDAQ:WRD) Sees Unusually-High Trading Volume – Should You Buy?

Shares of WeRide Inc. (NASDAQ:WRD) saw unusually-strong trading volume on Tuesday . Approximately 3,224,737 shares were traded during mid-day 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.

Key WeRide News

Here are the key news stories impacting WeRide this week:

• Positive Sentiment: Launched fully driverless, fare‑charging robotaxi service with Uber in Dubai — a major commercial milestone that validates WeRide’s Level 4 tech, opens a new revenue channel, and is backed by Dubai’s transport authority. Read More.
• Positive Sentiment: Uber increased its stake in WeRide as the Dubai partnership ramps up — strategic investor support that can bring capital, scale and distribution (Uber app integration). Read More.
• Positive Sentiment: Launched public robotaxi service with Grab in Singapore (Ai.R fleet) — early commercial traction: >1,000 early riders and >30,000 km autonomous mileage, showing geographic diversification of revenue opportunities. Read More.
• Positive Sentiment: HSBC initiated coverage with a Buy and $11.40 price target (~44% upside from current levels) — fresh analyst buy rating can support investor interest and re-rate sentiment. Read More.
• Neutral Sentiment: Analyst/industry coverage highlights AV growth themes (Dubai and Dubai+Singapore launches contextualize AV market expansion) but do not guarantee near‑term profitability. Read More.
• Neutral Sentiment: Board update: retirement of a non‑executive director and related composition change — routine governance item with limited near‑term operational impact. Read More.
• Negative Sentiment: Recent financials remain a headwind — WeRide reported quarterly losses, negative margins and continues to be unprofitable (recent EPS and analyst estimates point to ongoing losses), which can pressure valuation even as commercial pilots scale. Read More.

Analyst Ratings Changes

WRD has been the subject of a number of analyst reports. Zacks Research upgraded shares of WeRide from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of WeRide in a research note on Friday, March 27th. CLSA initiated coverage on shares of WeRide in a research report on Monday, January 5th. They set an “outperform” rating and a $13.00 price target for the company. Citigroup restated a “buy” rating on shares of WeRide in a report on Monday, January 19th. Finally, BNP Paribas Exane started coverage on WeRide in a research report on Thursday, March 26th. They issued an “outperform” rating and a $11.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.48.

WeRide Stock Down 2.5%

The company’s fifty day moving average is $7.34 and its 200-day moving average is $8.72. The company has a market cap of $2.56 billion, a PE ratio of -10.52 and a beta of 2.92.

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

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. NewEdge Advisors LLC purchased a new position in WeRide in the first quarter worth about $27,000. JPMorgan Chase & Co. purchased a new stake in shares of WeRide during the 2nd quarter valued at about $30,000. First Trust Advisors LP bought a new position in shares of WeRide in the 2nd quarter worth approximately $98,000. Marshall Wace LLP purchased a new position in shares of WeRide in the second quarter worth approximately $326,000. Finally, Vienna Asset Management LLC purchased a new position in shares of WeRide in the second quarter worth approximately $1,128,000.

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.