11 Most Promising New Technology Stocks According to Analysts

Page 10 of 10

1. WeRide Inc. (NASDAQ:WRD)

Analyst Upside Potential: 138.73%

Number of Hedge Fund Holders: 2

WeRide Inc. (NASDAQ:WRD) is a new technology company engaged in the development and commercialization of autonomous driving products and services. Its main products and services include Robotaxi, Robo-bus, Robo-van, Robo-weeper, and Advanced Driver-Assistance Systems.

On May 2, WeRide Inc. (NASDAQ:WRD) announced the launch of its first paid commercial Level-4 autonomous Robo-bus service in central Guangzhou. This marks the city’s first fare-charging autonomous bus line in its downtown core and a significant milestone toward mass commercialization of Level-4 autonomous vehicles. Management noted that the bus operates on a 13.6 km loop route.

The company is also expanding its footprint internationally with fully driverless commercial Robo-bus. Earlier on February 27, WeRide Inc. (NASDAQ:WRD) launched its first fully driverless commercial Robo-bus service in Europe through a partnership with beti, Renault Group, and Macif. During the fiscal fourth quarter of 2024, the company reported growing its product revenue from RMB 35.5 million to RMB 51.7 million, primarily driven by increased sales of Robo-taxis, Robo-sweepers and Robo-vans. The company ranks as one of the most promising new technology stock according to analysts.

While we acknowledge the potential of WRD to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than WRD but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure. None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 10 of 10