Wall Street Analysts See a 68.54% Upside in WeRide Inc. (WRD): Can the Stock Really Move This High?

Group 1 - WeRide Inc. (WRD) shares have increased by 2.7% over the past four weeks, closing at $8.9, with a mean price target of $15 indicating a potential upside of 68.5% [1] - The mean estimate consists of six short-term price targets with a standard deviation of $2.76, where the lowest estimate of $12.00 suggests a 34.8% increase, and the highest estimate of $19.00 indicates a 113.5% surge [2] - Analysts show strong agreement regarding WRD's ability to report better earnings than previously predicted, which supports the expectation of an upside [4][11] Group 2 - The Zacks Consensus Estimate for WRD's current year earnings has increased by 3.4% over the last 30 days, with one estimate moving higher and no negative revisions [12] - WRD holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates, indicating a strong potential upside [13] - While the consensus price target may not be a reliable indicator of the extent of WRD's gains, it does provide a useful guide for price movement direction [14]