Bank of China International: Maintains a Buy rating on WeRide-W (00800.HK) as Robotaxi takes another step forward.

According to the AI Finance app, CCB International released a research report stating that in Q1 2026, WeRide (00800.HK) saw a rapid growth in revenue, with gross profit margin levels remaining basically stable compared to the same period last year. The bank has adjusted its profit forecast, estimating that the company's revenue for 2026-2028 will be 1.0/1.39/1.87 billion yuan, with P/S ratios of 15.3/11.0/8.2 times. As a leading company in the field of autonomous driving travel services, the company's deployment of autonomous driving vehicles continues to expand, and its light-asset operating business model and leading technological advantages are expected to further enhance the company's profitability. The short-term disturbances do not change the long-term positive trend, so the company's buy rating is maintained.