WeRide Inc. (WRD)

NASDAQ: WRD · Real-Time Price · USD
24.42
-3.17 (-11.49%)
At close: Feb 21, 2025, 4:00 PM
24.46
+0.04 (0.16%)
After-hours: Feb 21, 2025, 7:59 PM EST
-11.49%
Market Cap 6.70B
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 5,138,923
Open 29.60
Previous Close 27.59
Day's Range 23.20 - 30.05
52-Week Range 12.22 - 44.00
Beta n/a
Analysts Buy
Price Target 22.00 (-9.91%)
Earnings Date Mar 4, 2025

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]

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 2 analysts, the average rating for WRD stock is "Buy." The 12-month stock price forecast is $22.0, which is a decrease of -9.91% from the latest price.

Price Target
$22.0
(-9.91% downside)
Analyst Consensus: Buy
Stock Forecasts

News

WeRide: Do Like Nvidia And Bet Big On Robotaxi

WeRide is a 'Buy' due to its strong foothold in China, the leading market for autonomous vehicles, and its strategic global expansions. The robotaxi market is projected to exhibit significant growth, ...

4 days ago - Seeking Alpha

Nvidia cuts stake in Arm Holdings, invests in China's WeRide

Nvidia reduced its stake in British chip firm Arm Holdings by about 44% and exited its holdings in Serve Robotics and SoundHound AI in the fourth quarter, a regulatory filing showed on Friday.

Other symbols: ARMNVDA
7 days ago - Reuters

WeRide Launches Robovan W5, Pioneering New Class of Autonomous Delivery Vehicle

GUANGZHOU, China, Feb. 06, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ: WRD), a global leader in autonomous driving technology, today launched the Robovan W5, featuring self-developed Level 4 autonom...

15 days ago - GlobeNewsWire

China's WeRide Wants to Build Global Robotaxi Empire

The Chinese autonomous-driving company is aiming to make more inroads overseas this year, betting that robotaxis and related services will be in high demand in coming years.

4 weeks ago - WSJ

WeRide Chosen Technology Supplier for New Pilot Project on Autonomous Driving in Switzerland

ZURICH, Jan. 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ: WRD), a global leader in autonomous driving technology, is the technology provider for an innovative new autonomous driving pilot project...

5 weeks ago - GlobeNewsWire

WeRide Expands European Presence with Autonomous Robobus Shuttle Deployment at Zurich Airport

ZURICH, Jan. 09, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ: WRD), a global leader in autonomous driving technology, today announced deployment of its Robobus autonomous shuttle service at Zurich Ai...

6 weeks ago - GlobeNewsWire

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
2 months 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
2 months 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
2 months 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
2 months 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...

2 months 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...

3 months 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.

3 months 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
3 months 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...

3 months 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 ...

4 months 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...

4 months 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...

4 months 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...

4 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.

4 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.

4 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 ...

4 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.

4 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...

4 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 ...

4 months ago - GlobeNewsWire