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<Research>Citi Opens 90-day Upside Catalyst Watch on WERIDE-W (00800.HK)
Recommend 4 Positive 5 Negative 4 |
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Citi Research issued a research report opening a 90-day upside catalyst watch on WERIDE-W (00800.HK), based on factors such as Waymo's potential 1Q26 financing round, implying a valuation of 280x 2025 PS ratio, which may lead to a re-rating of WERIDE-W's valuation; increased investor confidence in WERIDE-W's potential entry into the Southbound Trading of Stock Connects in June 2026; the US-China competition in the tech sector possibly prompting China to introduce more aggressive ADAS/ robotaxi policies; and the decent development of its asset-light business, etc.. Therefore, the broker rated WERIDE-W at Buy/ High Risk, with a target price of $39.6. AASTOCKS Financial News Website: www.aastocks.com |
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