Date | Price Target | Rating | Analyst |
---|---|---|---|
8/4/2025 | $12.00 | Buy | UBS |
1/24/2025 | $21.00 | Overweight | Analyst |
11/19/2024 | $23.00 | Overweight | Morgan Stanley |
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NEW YORK, Aug. 15, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, announced today that Grab (NASDAQ:GRAB), Southeast Asia's leading superapp, has committed to a strategic equity investment in WeRide. The investment is part of a strategic partnership between both companies to accelerate the deployment and commercialisation of Level 4 Robotaxis and shuttles in Southeast Asia, and reflects a shared vision to seamlessly integrate WeRide's autonomous vehicles (AVs) into Grab's network to enhance service and safety levels. Grab's investment is expected to be completed by the first half of 2026, subject to customary closing conditions and W
BEIJING, Aug. 06, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, has received approval to conduct late-night testing of its Robotaxi on public roads within the Beijing High-Level Autonomous Driving Demonstration Zone from 10pm to 7am. This milestone marks a crucial step for WeRide in building a 24/7 autonomous ride-hailing network in Beijing, laying the groundwork for all-weather, all-day autonomous mobility services. Beijing's complex night-time road conditions, characterized by low lighting, environmental interference, and heavy rain in the summer and snow in the winter, pose significant challenges for autonomous driving systems. These co
BEIJING, July 31, 2025 /PRNewswire/ -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, announced its financial results for Q2 2025 on July 31, 2025. The company reported a quarterly revenue of US$17.8 million, up 60.8% year-on-year (YoY), demonstrating accelerating commercial momentum. Robotaxi revenue grew 836.7% YoY to US$6.4 million — the highest-ever since Company inception — and contributed to 36.1% of total revenue, marking the highest Robotaxi concentration since 2021. Gross profit also rose 40.6% YoY, reflecting steady growth. In Abu Dhabi, WeRide's Robotaxi fleet size has tripled since December 2024, accelerating regional commercialization and maintaining the
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global leader in autonomous driving technology, today announced its unaudited financial results for the three months ended June 30, 2025. Recent Highlights Total revenue grew 60.8% year-over-year (YoY) to RMB127.2 million (US$17.8 million) in 2Q2025, demonstrating undisputed and accelerating commercial momentum. 2Q2025 robotaxi revenue grew 836.7% YoY to RMB45.9 million (US$6.4 million) in 2Q2025, the highest-ever quarterly robotaxi revenue since Company inception;The highest quarterly robotaxi revenue concentration since 2021, with 36.1% of our total revenue in 2Q2025 from robotaxi busin
ABU DHABI, United Arab Emirates, July 29, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, and Uber Technologies, Inc. (NYSE:UBER), the world's leading technology platform for mobility and delivery, have started operating their Robotaxis on Al Reem and Al Maryah Islands in Abu Dhabi, in partnership with the Integrated Transport Centre. The expanded service is expected to double ride volumes, now covering about half of Abu Dhabi's core areas — including Al Reem, Al Maryah, Yas, and Saadiyat, as well as highway routes to and from Zayed International Airport. Since launching in Abu Dhabi in December 2024, the WeRide and Uber Robotaxi fleet has
RIYADH, Saudi Arabia, July 28, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, has announced today that its Robotaxi was granted Saudi Arabia's first Robotaxi autonomous driving permit, making it the world's only technology company with products holding autonomous driving permits in six countries: Saudi Arabia, China, the UAE, Singapore, France, and the US. WeRide's Robotaxi in Riyadh, Saudi Arabia With this permit, WeRide is authorized to operate an autonomous vehicle (AV) business and deploy Robotaxis nationwide in Saudi Arabia, starting with its pilot operations in Riyadh with Uber and local partner Ai Driver. Launched earlier this mont
SHANGHAI, China, July 26, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader of autonomous driving technology, has been granted a permit from the Shanghai municipal government to operate regulation-compliant, Level 4 (L4) autonomous Robotaxi ride-hailing services. Issued during the World Artificial Intelligence Conference (WAIC 2025) in Shanghai, the permit enables WeRide, in partnership with Chery Group and Jinjiang Taxi, to deploy Robotaxis on public roads in Pudong New Area. This milestone also marks the WeRide Robotaxi's official entry into its tenth city globally. As part of WAIC's Level 4 Intelligent Vehicle Experience Showcase, the three partners jointly launched the eve
GUANGZHOU, China, July 21, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, today launched the HPC 3.0 high-performance computing platform, jointly developed with Lenovo (HKSE: 0992) and powered by NVIDIA's (NASDAQ:NVDA) latest DRIVE AGX Thor chips. The new HPC 3.0 platform makes its debut in WeRide's latest-generation Robotaxi GXR — making it the world's first mass-produced Level 4 (L4) autonomous vehicle built on NVIDIA DRIVE AGX Thor. Fully automotive-grade, HPC 3.0 reduces autonomous driving suite cost by 50%, paving the way for GXR's large-scale commercial deployment. WeRide's HPC 3.0 platform, featuring a dual NVIDIA DRIVE AGX Thor conf
SINGAPORE, July 17, 2025 (GLOBE NEWSWIRE) -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, today announced the launch of fully driverless Robobus operations at Resorts World Sentosa, Singapore (RWS) — the first autonomous vehicle (AV) in Southeast Asia to operate without a safety officer on board. Following extensive testing and safety assessments of its remote operations and on-road performance, WeRide has secured approval from the Land Transport Authority of Singapore (LTA) to offer fully autonomous rides to the public. This achievement comes after a year of safe service since June 2024, during which the Robobus transported tens of thousands of passengers within
NEW YORK, July 16, 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 second quarter 2025 financial results before the U.S. market opens on July 31, 2025. The Company's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, July 31, 2025 (or at 8:00 PM Beijing Time on Thursday, July 31, 2025). Details for the conference call are as follows: Event Title:WeRide Inc Second Quarter 2025 Earnings CallRegistration Link:https://register-conf.media-server.com/register/BI47b984221bb74f7db1dcbd3748e8a875 All participants must use the l
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UBS initiated coverage of WeRide with a rating of Buy and set a new price target of $12.00
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
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SC 13D - WeRide Inc. (0001867729) (Subject)
BEIJING, July 31, 2025 /PRNewswire/ -- WeRide (NASDAQ:WRD), a global leader in autonomous driving technology, announced its financial results for Q2 2025 on July 31, 2025. The company reported a quarterly revenue of US$17.8 million, up 60.8% year-on-year (YoY), demonstrating accelerating commercial momentum. Robotaxi revenue grew 836.7% YoY to US$6.4 million — the highest-ever since Company inception — and contributed to 36.1% of total revenue, marking the highest Robotaxi concentration since 2021. Gross profit also rose 40.6% YoY, reflecting steady growth. In Abu Dhabi, WeRide's Robotaxi fleet size has tripled since December 2024, accelerating regional commercialization and maintaining the
NEW YORK, July 31, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global leader in autonomous driving technology, today announced its unaudited financial results for the three months ended June 30, 2025. Recent Highlights Total revenue grew 60.8% year-over-year (YoY) to RMB127.2 million (US$17.8 million) in 2Q2025, demonstrating undisputed and accelerating commercial momentum. 2Q2025 robotaxi revenue grew 836.7% YoY to RMB45.9 million (US$6.4 million) in 2Q2025, the highest-ever quarterly robotaxi revenue since Company inception;The highest quarterly robotaxi revenue concentration since 2021, with 36.1% of our total revenue in 2Q2025 from robotaxi busin
NEW YORK, July 16, 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 second quarter 2025 financial results before the U.S. market opens on July 31, 2025. The Company's management team will host an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, July 31, 2025 (or at 8:00 PM Beijing Time on Thursday, July 31, 2025). Details for the conference call are as follows: Event Title:WeRide Inc Second Quarter 2025 Earnings CallRegistration Link:https://register-conf.media-server.com/register/BI47b984221bb74f7db1dcbd3748e8a875 All participants must use the l
NEW YORK, May 21, 2025 (GLOBE NEWSWIRE) -- WeRide Inc. ("WeRide" or the "Company") (NASDAQ:WRD), a global leader in autonomous driving technology, today announced its unaudited financial results for the three months ended March 31, 2025. Recent Highlights WeRide accelerates global commercialization of its autonomous driving services, moving toward scalable operations with additional deployments in international markets.WeRide increased its total fleet size to over 1,200 units in the first quarter of 2025, and accumulated more than 2,000 days in public operations with zero regulatory discipline for autonomous driving system failure As one of the biggest partnerships of its kind ever anno
NEW YORK, May 08, 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 first quarter 2025 financial results before the U.S. market opens on May 21, 2025. The Company's management team will host an earnings conference call at 7:00 AM U.S. Eastern Time on Wednesday, May 21, 2025 (or at 7:00 PM Beijing Time on Wednesday, May 21, 2025). Details for the conference call are as follows: Event Title:WeRide Inc First Quarter 2025 Earnings CallRegistration Link:https://register-conf.media-server.com/register/BI295b033be8d149c4bd4c1066b7046102 All participants must use the l
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