Jun. 11 at 12:28 PM
$WRD Guolian Minsheng: Maintains “Recommended” rating on WeRide-W; officially added to the Stock Connect (Hong Kong) eligible securities list
Guolian Minsheng published a research report stating that WeRide (00800.HK) has demonstrated strong capabilities in large-scale commercial deployment and is evolving into an integrated platform offering both autonomous driving technology solutions and full-scenario smart mobility services. The company is projected to generate revenues of RMB 1.041 billion, RMB 1.821 billion, and RMB 2.872 billion in 2026, 2027, and 2028, respectively. Based on the closing share price of HK
$16.64 on June 10, 2026, this implies price-to-sales (PS) multiples of 14.3x, 8.2x, and 5.2x for 2026–2028, respectively.
The firm maintains its 'Recommended' rating.