Date | Price Target | Rating | Analyst |
---|---|---|---|
1/24/2025 | $21.00 | Overweight | Analyst |
11/19/2024 | $23.00 | Overweight | Morgan Stanley |
Analyst initiated coverage of WeRide with a rating of Overweight and set a new price target of $21.00
Morgan Stanley initiated coverage of WeRide with a rating of Overweight and set a new price target of $23.00
PALO ALTO, Calif., April 3, 2025 /PRNewswire/ -- Hesai Technology (NASDAQ:HSAI), the global leader in lidar technology for automotive mobility and robotics application, today announced that its lidar solution have been selected by WeRide (NASDAQ:WRD) to power its autonomous vehicles, which will begin operating on Uber Technologies, Inc.'s (NYSE:UBER) platform in Dubai as part of the city's 2030 smart mobility initiative. This marks a key moment in the development of autonomous transportation in the Middle East. Each of the autonomous vehicles will be equipped with four Hesai automotive-grade long-range lidars. As Dubai aims to transform 25% of all journeys in the city into autonomous trips
Uber Technologies, Inc. (NYSE:UBER) and WeRide (NASDAQ:WRD) have taken another step toward shaping the future of mobility, announcing today a partnership with Dubai's Road and Transport Authority (RTA). The partnership paves the way for Uber to make AVs an accessible and reliable part of everyday life in Dubai, beginning with WeRide as the first technology partner. His Excellency Mattar Al Tayer, Director General, Chairman of the Board of Executive Directors of RTA, said: "This partnership with Uber, starting with WeRide as the technology partner, represents a crucial step in advancing Dubai's Self-Driving Transport Strategy, which aims to transform 25% of all journeys in the city into aut
PARIS, March 27, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a world leader in autonomous driving technology, announced that the company, in partnership with the leading French autonomous mobility network operator beti, has obtained France's Level-4 driverless public road testing and operating permit. This makes WeRide the first and only technology company worldwide to hold driverless permits across five countries: China, the UAE, Singapore, France, and the U.S. This remarkable milestone underscores WeRide's global leadership, demonstrating its unparalleled technological capability and adaptability to diverse regulatory frameworks, and unwavering commitment to safety, compliance, and sca
NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ:WRD) ("WeRide" or the "Company"), a global leader in autonomous driving technology, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission ("SEC") on March 25, 2025. The annual report in electronic format is accessible on the Company's investor relations website at https://ir.weride.ai as well as on the SEC's website. For those who prefer hard copies, the Company will provide the annual report, containing audited consolidated financial statements, free of charge to shareholders and ADS holders upon request. Requests should be direct
NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. (NASDAQ:WRD) ("WeRide" or the "Company"), a global leader in autonomous driving technology, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Recent Highlights WeRide continues to enhance its global market presence through thoughtful market entries and strategic expansions in Europe, the Middle East and Asia. These efforts are all made possible by the Company's continuous technological innovation and operational expertise, both key to its leadership in autonomous driving. In 2024, WeRide achieved record-high robotaxi revenue and the strongest international revenue since t
BEIJING, March 12, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, today announced that the company has officially received the permit to conduct commercial Robotaxi ride-hailing services between the Beijing Economic-Technological Development Area (BDA) and Beijing South Railway Station. This milestone marks the first commercial Robotaxi operation covering Beijing's core urban area. With this development, WeRide's commercial Robotaxi operational area in Beijing has surpassed 600 square kilometers — roughly equivalent to the total area of the six main districts of downtown Shanghai. Starting from today, passengers can download the "WeRid
BARCELONA , Spain, March 11, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving, and Renault Group will offer a free autonomous Robobus trial service in the center of Barcelona from March 10th to 14th, aiming to showcase the maturity and potential of automated transport technologies for the first time in a dense and complex urban environment. The demonstration highlights the technological leadership in autonomous driving solutions that WeRide and Renault are bringing to enable agile, flexible, modern, eco-friendly, and affordable mobility, especially for European cities aspiring to carbon neutrality and Low Emission Zones. This will be WeRide and Renault G
NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global leader in autonomous driving technology, today announced that it plans to release its fourth quarter and full year 2024 financial results before the U.S. market opens on March 14, 2025. The Company's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on Friday, March 14, 2025. Details for the conference call are as follows: Event Title:WeRide Inc Fourth Quarter and Full Year 2024 Earnings CallRegistration Link:https://register.vevent.com/register/BIcd7a942a8d0542f98a0017a0cae59216 All participants must use the link provided above to complete the onl
VALENCE, France, Feb. 27, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, today announced the first European fully driverless commercial deployment of its Robobus as part of a shuttle service partnership with beti, Renault Group, and Macif that will feature an L4 -level automated mobility service in France's Drôme region. WeRide will provide its L4-level autonomous technology for a passenger transport service on open roads in mixed traffic, with several six-meter-long robobuses, each able to carry eight passengers, operated by beti Automated Mobility. Beti Automated Mobility will begin operations on March 10, at the Rovaltain business park
GUANGZHOU, China, Feb. 24, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, announced approval to launch its latest generation Robotaxi, the GXR, for fully unmanned paid ride-hailing services in Beijing. This marks WeRide's second Robotaxi model to achieve fully driverless commercial operations in Beijing and GXR's first large-scale commercial deployment in China, following its launch on the Uber platform in Abu Dhabi last December. The service area spans key regions within the Beijing Economic-Technological Development Area, including high-speed railway stations. GXR is also approved for commercial operations on highways, including routes to
NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global leader in autonomous driving technology, today announced that it plans to release its fourth quarter and full year 2024 financial results before the U.S. market opens on March 14, 2025. The Company's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on Friday, March 14, 2025. Details for the conference call are as follows: Event Title:WeRide Inc Fourth Quarter and Full Year 2024 Earnings CallRegistration Link:https://register.vevent.com/register/BIcd7a942a8d0542f98a0017a0cae59216 All participants must use the link provided above to complete the onl
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