WeRide-W's Middle East Expansion Accelerates Profit Structure Enhancement

Stock News02-10 10:17

BOC International maintains a "Buy" rating on WeRide-W (00800) with a target price of HK$34, citing strong fundamentals, proven overseas fleet deployment execution, and a clear overseas profitability path. The firm anticipates WeRide's fourth-quarter revenue surged over 70% quarter-on-quarter to between RMB 290 million and RMB 300 million, driven by continued volume growth in its Robotaxi business and seasonal year-end settlements in its Robobus segment. Full-year revenue for the previous year is projected to reach RMB 660 million to RMB 670 million, exceeding the firm's prior expectations. Gross margin is expected to remain above 30%. BOC International forecasts that WeRide's Robotaxi fleet will surpass 2,000 vehicles by year-end, potentially reaching 3,000 with favorable policies. Deployments in China are expected to account for 50% to 60% of the growth, focusing on key markets like Guangzhou and Beijing. Overseas, the company is using the Middle East as a strategic foothold, leveraging its partnership with Uber to plan deployments of at least 1,200 Robotaxis, with 50% to 60% expected by 2026 and the remainder in 2027.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1191711385?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-10 10:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1191711385","market":"us","top_or_hot":-1,"title":"WeRide-W's Middle East Expansion Accelerates Profit Structure Enhancement","media":"Stock News","content":"<p>BOC International maintains a \"Buy\" rating on WeRide-W (00800) with a target price of HK$34, citing strong fundamentals, proven overseas fleet deployment execution, and a clear overseas profitability path. The firm anticipates WeRide's fourth-quarter revenue surged over 70% quarter-on-quarter to between RMB 290 million and RMB 300 million, driven by continued volume growth in its Robotaxi business and seasonal year-end settlements in its Robobus segment. Full-year revenue for the previous year is projected to reach RMB 660 million to RMB 670 million, exceeding the firm's prior expectations. Gross margin is expected to remain above 30%. BOC International forecasts that WeRide's Robotaxi fleet will surpass 2,000 vehicles by year-end, potentially reaching 3,000 with favorable policies. Deployments in China are expected to account for 50% to 60% of the growth, focusing on key markets like Guangzhou and Beijing. Overseas, the company is using the Middle East as a strategic foothold, leveraging its partnership with Uber to plan deployments of at least 1,200 Robotaxis, with 50% to 60% expected by 2026 and the remainder in 2027.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WeRide-W's Middle East Expansion Accelerates Profit Structure Enhancement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWeRide-W's Middle East Expansion Accelerates Profit Structure Enhancement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-02-10 10:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BOC International maintains a \"Buy\" rating on WeRide-W (00800) with a target price of HK$34, citing strong fundamentals, proven overseas fleet deployment execution, and a clear overseas profitability path. The firm anticipates WeRide's fourth-quarter revenue surged over 70% quarter-on-quarter to between RMB 290 million and RMB 300 million, driven by continued volume growth in its Robotaxi business and seasonal year-end settlements in its Robobus segment. Full-year revenue for the previous year is projected to reach RMB 660 million to RMB 670 million, exceeding the firm's prior expectations. Gross margin is expected to remain above 30%. BOC International forecasts that WeRide's Robotaxi fleet will surpass 2,000 vehicles by year-end, potentially reaching 3,000 with favorable policies. Deployments in China are expected to account for 50% to 60% of the growth, focusing on key markets like Guangzhou and Beijing. Overseas, the company is using the Middle East as a strategic foothold, leveraging its partnership with Uber to plan deployments of at least 1,200 Robotaxis, with 50% to 60% expected by 2026 and the remainder in 2027.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1531","symbol_name":"手游股","start_time":0,"source_url":"","article_id":"1191711385","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191711385","pubTimestamp":1770689838,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"BOC International maintains a \"Buy\" rating on WeRide-W (00800) with a target price of HK$34, citing strong fundamentals, proven overseas fleet deployment execution, and a clear overseas profitability...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1531":"手游股","00800":"文远知行-W","BK1229":"房地产经营公司","WRD":"文远知行","BK4609":"英伟达持仓股","BK4124":"机动车零配件与设备","BK1144":"机动车零配件与设备","BK1258":"房地产运营公司","BK1104":"互动家庭娱乐"},"translate_title":"文远知行-W中东扩张加速盈利结构提升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WRD":1,"00800":1},"content_text":"BOC International maintains a \"Buy\" rating on WeRide-W (00800) with a target price of HK$34, citing strong fundamentals, proven overseas fleet deployment execution, and a clear overseas profitability path. The firm anticipates WeRide's fourth-quarter revenue surged over 70% quarter-on-quarter to between RMB 290 million and RMB 300 million, driven by continued volume growth in its Robotaxi business and seasonal year-end settlements in its Robobus segment. Full-year revenue for the previous year is projected to reach RMB 660 million to RMB 670 million, exceeding the firm's prior expectations. Gross margin is expected to remain above 30%. BOC International forecasts that WeRide's Robotaxi fleet will surpass 2,000 vehicles by year-end, potentially reaching 3,000 with favorable policies. Deployments in China are expected to account for 50% to 60% of the growth, focusing on key markets like Guangzhou and Beijing. Overseas, the company is using the Middle East as a strategic foothold, leveraging its partnership with Uber to plan deployments of at least 1,200 Robotaxis, with 50% to 60% expected by 2026 and the remainder in 2027.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1191711385","isCrawlerRequest":true}