WeWork India Stock Jumps 7.7% on Jefferies' 'Buy' Initiation and Bullish INR 790 Price Target

Overview

Jefferies initiated coverage on WeWork India with a 'Buy' rating and a price target of INR 790, signaling a 28.6% potential upside, which sent the stock up over 7% intraday. The brokerage highlighted WeWork India's dominant position in the Indian flexible workspace market, outperforming competitors in portfolio size and revenue. The company also achieved its first profitable quarter in Q2 FY26, with a 22% year-on-year revenue increase, aligning with Jefferies' forecast for strong future growth.