Weride Inc ADR WRD

$4.20 -0.32 (-7.08%)

Valuation

Market cap
1,485,074,000
Revenue TTM
$95,230,000
Net income TTM
$-230,200,000
PE ratio
0.00
Forward PE
—
Profit margin
-241.73%
Debt to equity
0.08

Trading

Volume
2,424,307
Avg volume
2,824,336
Day's range
$4.18 – $4.43
Shares out
310,685,000
Stochastic %K
3%
Beta
1.90
Analysts
Strong Sell
Price target
$13.88

Price

Company profile

WeRide Inc., an investment holding company, provides autonomous driving products and solutions for mobility, logistics, and sanitation industries in the People's Republic of China and Europe. Its product categories include robotaxis, robobus, robovan, and robosweeper. The company also offers advanced driver-assistance system solutions; intelligent data services; and WeRide Go app, an online ride-hailing platform. It...

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WeRide Inc., an investment holding company, provides autonomous driving products and solutions for mobility, logistics, and sanitation industries in the People's Republic of China and Europe. Its product categories include robotaxis, robobus, robovan, and robosweeper. The company also offers advanced driver-assistance system solutions; intelligent data services; and WeRide Go app, an online ride-hailing platform. It has a strategic alliance with ELEVATE Slovakia to launch autonomous driving programs in Slovekia. WeRide Inc. was incorporated in 2017 and is headquartered in Guangzhou, the People's Republic of China.

Industry
Software - Application
Sector
Technology
Phone
86 20 2909 3388
Website
https://www.weride.ai
Address
Tower A, Guanzhou Life Science Innovation Center, 21st Floor No. 51, Luoxuan Road Guangzhou International Biotech Island, Guangzhou, China

Latest news

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Stocktwits

LubberJML Oct 14, 2:29 PM
$WRD the selling could be institutional. Most of them are down up to 55% +/- ($9.50 avg cost basis). The yhave their rules, some extended their rules until now and are obligated to bail. We'll learn that whe nQ4 q3F are reported next year. Some of them will show it sooner. They are not going to show WRD o nthe books 75% below the IPO for Q4 client statements. The selling could get bigger in Q4 unless Tony wants to step in and show something.
0 replies
Djmorri Oct 14, 2:20 PM
$WRD. At some point this is a fantastic dca opportunity. So many others though, makes it hard to pick with limited firepower. GLTA for the next few weeks
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LubberJML Oct 14, 2:12 PM
$WRD $3's tomorrow, perhaps even today Tony has checked out
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LubberJML Oct 14, 1:41 PM
$WRD another new all time low this morning and the low $4's I started showing since July is here ($4.20+/-). Close to a breakdown of the final support that could see $3's, The chart never tells you why or what make price so predictable, it just is. Fundamentasl are irrelevant until they matter. I do think Tony could help somewhat but he's chosen to walk away. The chart shows no rebound and $3's if the line breaks and WRD sits on that line right now. Wait for closing bell and confirmation tomorrow. Someone wake Tony up.
0 replies
NLZ Oct 14, 9:58 AM
$WRD Pony just announced Manchester entry. Similar to London announcement, many details need to be ironed out. But that is a steady win in a RHD market. Would be great if WeRide could secure a few major cities in Britain as well. Given their dedication to the RHD market, Great Britain and Ireland would be on the expected roll out plans. https://quasa.io/stories/uber-and-pony-ai-will-test-london-robotaxis-a-launch-date-is-still-missing
0 replies
LubberJML Oct 14, 9:32 AM
$WRD Sarfraz Maredia, Uber's global head of autonomous mobility & delivery, will leave the company Nov. 16.
1 replies
LubberJML Oct 14, 8:40 AM
$WRD its getting closer to where fundamentals are noticed in the technicals. For 18 months I said fundamentals do not matter until they matter and said WRD was targeting $4's (and lower). 1/2 Big Wall Street Banks Ratings on WeRide: Bank of America: Buy Morgan Stanley: Overweight J.P. Morgan: Buy Citi: Buy HSBC: Buy Macquarie: Outperform Goldman Sachs: Buy Reasons given: Highly bullish Rapid fleet scaling First-Mover global footprint Asset-Light strategy Overseas expansion Partnerships like UBER Accelerating global fleet growth Rising international revenue Robotaxi and ADAS scaling timeline Collaboration with global ride-hailing networks not its own taxis What Wall Street said about GS call for 415K AV by 2032: 1. A major turning point in how institutional research models the AV sector. 2. Shift from "Tech Speculation" to "Commercial Reality" 3. Validation of the "Asset-Light" Strategy 4. Retail Caution vs. Institutional Optimism My favorite for US traders is #5 and #6 reasons.
1 replies
NLZ Oct 14, 7:51 AM
$WRD Kwoon Chung’s expanding Uber relationship deserves attention. KC Smart Mobility has highlighted its parent company’s partnership with Uber to launch Uber Elite in Hong Kong. Kwoon Chung supplies licensed premium vehicles and chauffeurs, while Uber provides the booking platform and customer access. This builds on their existing Hong Kong–Macao service partnership. The WeRide connection is important here. Kwoon Chung separately partners with WeRide and Geely Farizon on right-hand-drive GXR robotaxis. KC Smart Mobility says it is already testing GXRs on public roads and intends to introduce the right-hand-drive version into Kwoon Chung’s hire-car fleet. Uber’s potential contribution goes beyond bookings. It has actively engaged in Hong Kong’s ride-hailing regulatory debate, supporting formal regulation while challenging restrictive vehicle quotas and advocating reviews based on actual demand. That experience could be important when structuring a future autonomous service. >
1 replies