Mar. 26 at 6:27 PM
$WRD It seems we’re on crossroads here.
The market is waking up to the realisation that they have been backing the wrong team.
Some institutional investors will review their portfolio in the coming days and rotate funds. Smart retail investors have already made the switch to WeRide.
At current price levels, this beat down stock (WeRide) is well below most investors average. It presents a buying opportunity for the few that choose to jump ship early imho. By the time institutional money poors in, the price might be less appealing. Whatever you choose, it’s a very good long term hold.
BNP started covering both PONY (
$12.50, implied valuation of roughly
$4.4B) and WRD (
$11.00, implied valuation of roughly
$3.3B).
The coverage note with Neutral rating was dated and published on March 26, 2026, but the analysis and valuation were prepared and signed off before the earnings numbers were known, meaning the target is effectively pre‑earnings from Pony’s perspective.
Kung fu grip!
