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.