Wall Street Bullish on WeRide (WRD) Due to Partnerships and Expansion

Wall Street Bullish on WeRide (WRD) Due to Partnerships and Expansion

Talha Qureshi
Mon, July 13, 2026 at 3:28 PM GMT+5:30
2 min read

WeRide Inc. (NASDAQ:WRD) has declined more than 44% over the past 6 months, mainly due to investor concerns regarding rising US-China trade tensions, significant cash burn, and rising market competition. Despite the decline, analysts continue to maintain a bullish outlook with their 12-month average price target suggesting more than 150% upside from the current levels. WeRide Inc. (NASDAQ:WRD) is also one of our Best All-Time Low Stocks to Buy Now

​The positive sentiment is based on significant partnerships and expansion news throughout June 2026. For instance, on June 22, WeRide Inc. (NASDAQ:WRD) announced its partnership with Geely Farizon and Kwoon Chung Bus Holdings to jointly develop Robotaxis for right-hand-drive markets. As per this partnership, the new vehicle will be built on the company’s existing GXR platform and will fill the market gap as no right-hand-drive Robotaxis exist yet

​Earlier on June 17, the company announced its partnership with Uber to launch commercial Robotaxi services in the Greater Zurich Region. This was followed by the earlier European deployment announcement in Madrid. Management noted that operations are expected to start later this year, pending regulatory approval, in partnership with Switzerland’s Federal Roads Office

WeRide Inc. (NASDAQ:WRD) is a global leader in autonomous driving technology that develops and deploys L2-L4 self-driving solutions, focusing on robotaxis, intelligent driving, and smart mobility. It provides driverless services for mobility, logistics, and sanitation industries, including Robotaxis, Robobuses, Robovans, and Robosweepers

While we acknowledge the potential of WRD as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock

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