New Buy Rating for WeRide Inc. Class A (0800), the Technology Giant

Northeast Securities analyst maintained a Buy rating on WeRide Inc. Class A on April 10 and set a price target of HK$32.03. The company’s shares closed last Friday at HK$20.00.

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WeRide Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of HK$34.43.

Based on WeRide Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$140.82 million and a GAAP net loss of HK$592.44 million.

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