WeRide Inc. (WRD)

NASDAQ: WRD · Real-Time Price · USD
17.70
-1.59 (-8.24%)
At close: Nov 20, 2024, 4:00 PM
17.86
+0.16 (0.90%)
After-hours: Nov 20, 2024, 7:12 PM EST
-8.24%
Market Cap 4.86B
Revenue (ttm) 50.82M
Net Income (ttm) -290.04M
Shares Out 274.49M
EPS (ttm) -8.20
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 161,312
Open 19.99
Previous Close 19.29
Day's Range 17.30 - 19.99
52-Week Range 14.10 - 22.69
Beta n/a
Analysts Buy
Price Target 23.00 (+29.94%)
Earnings Date Nov 25, 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
(29.94% upside)
Analyst Consensus: Buy

News

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.

14 hours 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
17 hours 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...

20 hours 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 ...

23 days 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...

23 days 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...

23 days 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...

26 days 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.

26 days 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.

27 days 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 ...

27 days 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 weeks 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...

5 weeks 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 ...

5 weeks 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
3 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.

3 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
3 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 ...

4 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.

4 months ago - Renaissance Capital

WeRide IPO Registration Document (F-1)

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

4 months ago - SEC

Self-driving car startups Pony.ai and WeRide ready to go public: reports

The potential listings of PonyAV.ai and WeRide will set the tone for many other companies trying to go public with their future-shaping technology.

4 months ago - TechNode

Chinas Robotaxi Startup WeRide Eyes US IPO by Late August

Chinas autonomous driving startup WeRide is planning to go public on the U.S. market by the end of August. WeRide Hong Kongs domestically controlled operating entity, Guangzhou WeRide Technology, comp...

4 months ago - EV