Morgan Stanley Maintains Overweight on WeRide (WRD) Stock, Cuts PT

On May 22, the Morgan Stanley lower the target price on the shares of Weride Inc. (NASDAQ: WRD) from $ 23 to $ 13, but kept the weight gain classification on stocks.
Tim Hussiao of Morgan Stanley has reduced the goal of Ferrid, as he sees high fluctuations in the Chinese robotaki market. The company published only 1.8 % revenue increase in the first quarter of 2025, indicating a generally slower growth. Weide faces the increasing competition in the independent driving market, especially from the aggressive original equipment manufacturers that enter Robotaxi business.
We focus. (NASDAQ: WRD) in the longest term with its global expansion. The company cooperated with Uber, as it received an additional $ 100 million of investment in stocks and agreed to provide global taxi services in 15 new cities. The company expanded its services in the United Arab Emirates, with the first driver’s robotics test in Abu Dhabi. Weide now has an independent movement of mobility in three cities in China after the launch of its service in the central region of Guangzhou. The company also enters European countries, including Switzerland, Spain and France.
However, HSIAO reduced the size of 2025-2026 for the Weride’s Robobus and Robosweeper companies. The analyst believes that the “severe stock price movements” that belong to WRD during the past three months reflect the fluctuation in the Robotaxi market in China. Despite this projection, the analyst is still based on the long -term expectations of Weride and Uber abroad.
It offers Weide Inc. (NASDAQ: WRD) Independent Driving Products and Services for Different Markets, meet transportation needs through a range of open road use, including transportation, logistical services and sanitation. Its products and services include Robotaxi, Robobus, Robovan and Robosweepers.
Although we acknowledge the possibility of WRD growth, our conviction lies in the belief that some Amnesty International shares are returning more promises to make higher and limited returns than negative risks. If you are looking for a more promising IQ stock of WRD and has 100x capabilities, check our report on this topic The cheapest inventory of artificial intelligence.
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2025-05-24 19:37:00