WeRide Inc. (WRD)

NASDAQ: WRD · Real-Time Price · USD
14.70
-0.37 (-2.46%)
Dec 20, 2024, 4:00 PM EST - Market closed
-2.46%
Market Cap 4.04B
Revenue (ttm) 52.05M
Net Income (ttm) -328.41M
Shares Out 274.49M
EPS (ttm) -7.57
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 139,378
Open 14.66
Previous Close 15.07
Day's Range 14.66 - 16.43
52-Week Range 14.10 - 22.69
Beta n/a
Analysts Buy
Price Target 23.00 (+56.46%)
Earnings Date Dec 31, 2024

About WRD

WeRide Inc., an investment holding company, provides autonomous driving products and services for mobility, logistics, and sanitation industries in the People’s Republic of China. Its product categories include robotaxi, robobus, robovan, and robosweeper. The company also offers advanced driver-assistance system solutions; and WeRide Go app, an online ride-hailing platform. WeRide Inc. was incorporated in 2017 and is headquartered in Guangzhou, the People’s Republic of China. [Read more]

Sector Technology
IPO Date Oct 25, 2024
Employees 718
Stock Exchange NASDAQ
Ticker Symbol WRD
Full Company Profile

Financial Performance

In 2023, WeRide's revenue was 401.84 million, a decrease of -23.83% compared to the previous year's 527.54 million. Losses were -1.98 billion, 52.6% more than in 2022.

Financial numbers in CNY Financial Statements

Analyst Forecast

According to one analyst, the rating for WRD stock is "Buy" and the 12-month stock price forecast is $23.0.

Price Target
$23.0
(56.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Uber will offer robotaxi rides in Abu Dhabi through partnership with WeRide

Uber and Chinese autonomous vehicle makers WeRide announced that they are partnering to offer a robotaxi service in Abu Dhabi. Human safety drivers will supervise the rides to start with.

Other symbols: UBER
15 days ago - CNBC

Uber ($UBER) and WeRide ($WRD) Launch Autonomous Mobility Service in Abu Dhabi

Uber Technologies (NYSE: UBER) and WeRide (NASDAQ: WRD) have launched a ride-hailing partnership in Abu Dhabi, marking the first availability of autonomous vehicles (AVs) on Uber's platform outside th...

Other symbols: UBER
15 days ago - Green Stock News

Uber and WeRide launch robotaxi service in Abu Dhabi

Ride-hail giant Uber and Chinese autonomous vehicle technology company WeRide have launched a commercial robotaxi service in Abu Dhabi. The launch marks Uber's first international autonomous vehicle o...

Other symbols: UBER
15 days ago - TechCrunch

Uber and WeRide Launch Autonomous Mobility Service in Abu Dhabi

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER), the world's largest mobility and delivery technology platform, and WeRide (NASDAQ: WRD), the world's first publi...

Other symbols: UBER
15 days ago - Business Wire

WeRide Named to Fortune Future 50 List, Recognizing Global Leadership in Autonomous Driving Tech

NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global autonomous driving leader, today was named to the 2024 Fortune Future 50 List, which ranks t...

18 days ago - GlobeNewsWire

Next-Generation Robotaxi Platform Unveiled, Robotaxi Coming to Uber App

NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), the world's first publicly traded Robotaxi company and a global leader in the autonomous driving indu...

21 days ago - GlobeNewsWire

WeRide's Robotaxi And Partnerships Are Key Growth Drivers For Global Expansion: Analyst

Morgan Stanley analyst Tim Hsiao initiated WeRide Inc WRD with an Overweight rating with a price target of $23.

4 weeks ago - Benzinga

Green Stock News for November 20, 2024: $BEP $WRD $XCH $DMGGF

Welcome to the green stock news brief for Wednesday, November 20th. Here are today's top headlines: Brookfield Renewable (NYSE: BEP), The Tennessee Valley Authority and Argo Infrastructure have signed...

Other symbols: BEPXCH
4 weeks ago - Green Stock News

WeRide Robosweepers Enter Marina Bay, Marking Singapore's First Commercial Autonomous Sanitation Project

NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- WeRide (Nasdaq: WRD), the leading global commercial-stage company developing autonomous driving technologies from Level 2 to Level 4, announced that its Rob...

4 weeks ago - GlobeNewsWire

Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of WeRide Inc.

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of WeRide Inc. WeRide Inc. (NASDAQ: WRD) provides ...

7 weeks ago - Business Wire

WeRide Inc. Announces Closing of Initial Public Offering

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader and a first mover in the autonomous driving industry, today announced that its previo...

7 weeks ago - GlobeNewsWire

The World's First IPO of Universal Autonomous Driving Technology Company! WeRide Officially Listed on Nasdaq

NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- WeRide, the leading global commercial-stage company, was officially listed on the Nasdaq Global Select Market under the ticker symbol "WRD." Upon listing, W...

7 weeks ago - GlobeNewsWire

Qiming Venture Partners Celebrates WeRide's IPO on Nasdaq

SHANGHAI , Oct. 25, 2024 /PRNewswire/ -- On October 25 th, 2024, Beijing Time, WeRide, a world-leading autonomous driving company and Qiming Venture Partners' portfolio company, began trading on Nasda...

2 months ago - PRNewsWire

Chinese self-driving startup WeRide's shares open flat in Nasdaq debut

Chinese self-driving startup WeRide's shares opened flat in their Nasdaq debut on Friday.

2 months ago - Reuters

Chinese self-driving firm WeRide raises $120 million in US IPO

Chinese self-driving firm WeRide said on Friday it has raised $120 million in its U.S. initial public offering.

2 months ago - Reuters

WeRide Inc. Announces Pricing of Initial Public Offering

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- WeRide Inc. (“WeRide” or the “Company”) (Nasdaq: WRD), a global leader and a first mover in the autonomous driving industry, today announced the pricing of ...

2 months ago - GlobeNewsWire

Chinese self-driving startup WeRide files for $440 mln U.S. IPO

Chinese self-driving startup WeRide has filed for an up to $439.9 million initial public offering on Nasdaq, according to a term sheet seen by Reuters on Wednesday.

2 months ago - Reuters

WeRide ($WRD) Unveils Latest Generation of Robotaxi with Autonomous Software and Advanced Hardware

WeRide (NASDAQ: WRD), a global leader in autonomous driving technology, has introduced the world's most spacious Robotaxi, the GXR. Drawing from over 1,800 days of public Robotaxi operation experience...

2 months ago - Green Stock News

WeRide Unveils New Production Robotaxi GXR Leveraging 1,800 Days of Operations

GUANGZHOU, China, Oct. 15, 2024 (GLOBE NEWSWIRE) -- WeRide, the leading global commercial-stage company developing autonomous driving technologies from Level 2 to Level 4, has officially unveiled its ...

2 months ago - GlobeNewsWire

U.S. IPO Weekly Recap: WeRide Reschedules While 6 New Filers Join The Pipeline

This week was another slow week for pricings, with two companies making their public debut, along with three SPACs. On the filing side, offshore-focused drilling equipment and aftermarket service prov...

Other symbols: ACTUCEPHCAITDTHYXT
4 months ago - Seeking Alpha

Chinese Self-Driving Vehicle Maker WeRide Files for US IPO

Chinese autonomous vehicle manufacturer WeRide has filed for an initial public offering (IPO) in the U.S. that would value the company at as much as $5 billion.

4 months ago - Investopedia

U.S. IPO Weekly Recap: 2 SPACs Go Public As Small Issuers And SPACs Keep Pipeline Active

Two SPAC debuted this past week. EQV Ventures Acquisition raised $350 million to target the energy sector. Voyager Acquisition raised $220 million to target healthcare.

Other symbols: MLACTDTH
4 months ago - Seeking Alpha

WeRide's IPO: Declining Revenue And Mounting Losses Raise Concerns

WeRide Inc. has filed for a $100 million IPO in the U.S., although the final figure may differ. The company develops autonomous driving technologies in China, and is seeking public capital investment ...

5 months ago - Seeking Alpha

China-based autonomous driving developer WeRide files for a $100 million US IPO

WeRide, a Chinese developer of autonomous vehicle systems and software, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

5 months ago - Renaissance Capital

WeRide IPO Registration Document (F-1)

WeRide has filed to go public with an IPO on the NASDAQ.

5 months ago - SEC