BofA cuts WeRide stock price target to $10.70 on valuation
BofA Securities cut its WeRide Inc (NASDAQ:WRD) price target to $10.70 from $11.80 and kept a Buy rating. WRD trades at $5.95. WeRide reported Q2 2026 revenue of RMB232 million, up 82% YoY, with gross margin at 37.5%. Non-GAAP net loss was RMB338 million.






