WeRide GENESIS1
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Citi is Bullish on WeRide Inc. (WRD)
Yahoo Finance· 2026-02-11 19:45
Core Insights - WeRide Inc. (NASDAQ:WRD) is recognized as one of the 12 best autonomous driving stocks to invest in currently [1] - Citi analyst Jeff Chung has placed a 90-day upward catalyst watch on WeRide, maintaining a Buy rating with a price target of $15.30, anticipating potential upside from a Waymo financing round [2] - WeRide has introduced WeRide GENESIS1, a proprietary simulation model that enhances the development and validation of autonomous vehicles [3] Group 1: Company Overview - WeRide Inc. operates as an investment holding company focused on autonomous driving vehicles, including robobuses, roboaxis, and robosweepers, along with associated sensor suites [4] Group 2: Financial Projections and Market Position - Citi forecasts WeRide's valuation at 34 times price-to-sales in 2025, with an expected valuation of 280 times price-to-sales for Waymo in the first quarter [2] - The company is expected to benefit from improved investor sentiment regarding its potential inclusion in the Southbound Stock Connect in June [2] Group 3: Technological Advancements - The WeRide GENESIS1 model integrates generative and physical AI to create realistic virtual environments and simulate rare driving scenarios, enhancing performance and reducing development cycles for autonomous vehicles [3]