WDH

WaterdropA

NYSE / Insurance

At close

2026-07-18

Current thesis

Rapid insurance-related revenue growth, continued operating profit, shareholder returns, and improving AI-enabled conversion could support a re-rating from the depressed ADR price. The official Q1 release provides genuine operating evidence, but not enough to establish durable forward visibility.

Posture

Constructive

Lead driver

Momentum

What changed

Momentum remains the lead driver in the composite.

What can break

Cash position declined from RMB3,249.0 million at year-end 2025 to RMB2,880.7 million at March 31, 2026.

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $1.29 · Bull $1.60 · Bear $0.88

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-07-18 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade A · Constructive

Confidence Medium · Net Neutral

Target $2.37

Why

Momentum96 · Δ7d -

Value62 · Δ7d 0.0

Sentiment56 · Δ7d -

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Momentum · See technicals

Momentum

26% active weight

Current posture

7d trendTrend unavailable

Trend unavailable

Δ7d

Δ21d

Value

39% active weight

Current posture

7d trendFlat

Δ7d

0.0

Δ21d

-0.8

Sentiment

34% active weight

Current posture

7d trendTrend unavailable

Trend unavailable

Δ7d

Δ21d

Why this grade

Composite grade A. Momentum 96.3 / Value 62.1 / Sentiment 55.8

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$425.84M

Beta

-0.27

Shares Out

280.69M

P/E (TTM)

9.6

P/S (TTM)

1.15

P/FCF (TTM)

62.12

Rev YoY

+73.2%

EPS YoY

-4.0%

Gross Margin

+54.0%

Op Margin

+10.4%

Net Debt

-$227.76M

Current Ratio

1.95

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology