Weride Inc ADR WRD

$4.46 +0.42 (10.40%)

Valuation

Market cap
1,385,655,000
Revenue TTM
$95,230,000
Net income TTM
$-230,200,000
P/E (trailing)
0.00
P/E (forward)
—
Profit margin
-241.73%
Debt to equity
0.08

Trading

Volume
1,916,700
Avg volume
2,662,324
Day's range
$4.09 – $4.46
Shares out
310,685,000
Stochastic %K
85%
Beta
2.02
Analysts
Moderate Buy
Price target
$11.90

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

Stocktwits

LubberJML Nov 8, 12:15 PM
$WRD this story needs more attention. ~44MM Shares had a lockup-expiration in HK on Thursday. The trading volume for Th and Fri suggests those shares were held not sold by the 2 insiders got got them. If they sold a few sahres that filing will show up next week. Han extended his lockup until Oct or Nov 2028. Zero open market sells exist on 16 Insiders-Directors-Officers. They held every share so far. I view this as a huge vote of confidence that they didn't sell at any price along the 80% decline in WRD since its IPO. Perhaps not selling was part of their emp agreement? Perhaps they are stupid? Perhaps they get paid enough? Perhaps they don't want to make even WRD worse? Perhaps they see WRD valuation eventually rising to WAYMO or TESLA level. Perhaps they know somethings we do not? Not one I/S share got sold to be build a dream home. There is no re-arranged schedule in place to sell. A meaningful portion of lockup-expiration resort selling, not WRD. So, stupid or Interesting?
0 replies
NLZ Nov 8, 9:05 AM
$WRD WeRide Beats Tesla FSD V14 in Changsha ADAS Challenge In today’s head-to-head intelligent driving challenge in Changsha, the WeRide-powered GAC Aion Ray 7 (AEP3.F.0.0) defeated the Tesla Model Y L (FSD V14.2.2), scoring 64.5 versus 56.76 points. Both vehicles completed the approximately 30 km urban route, with WeRide finishing in 138 minutes versus Tesla’s 162 minutes, a 24-minute advantage. What makes this interesting for WRD investors is the commercial positioning. The Ray 7 LiDAR variants are priced at RMB 138,800–158,800, compared with RMB 403,000 for the Model Y L including Tesla’s advertised FSD package. The significance for WeRide is competitive validation, rather than proof of technological superiority. Its ADAS system demonstrated that it can compete with Tesla’s latest-generation FSD software in a demanding Chinese urban driving challenge. One competition doesn’t establish which system is safer or more capable overall. But this is another encouraging data point.
1 replies
LubberJML Nov 7, 4:38 PM
$WRD never had a >9% down day followed by a >10% move up day. My thoughts on what to make of that: It likely was the market-wide panic selling Thursdays that made the 9.4% drop. The bigger tech names closed down even harder than WRD. There was no news or an event other than the massive market decline Thursday followed by a smaller market rebound on Friday. WRD had one of the strongest recoveries Friday. Why? WRD price action from Thursday-Friday was a 1% event in the market. Rare stuff. It happened to WRD. WeRide had a lockup expiration Thursday of 43.7MM shares. I posted that news here on Thursday. Volume on Thur was 3MM shares, perhaps ~700K shares more than usual daily volume. I doubt the 9.4% sell off was from dumping a few extra insider shares. I can not find any report of insider sales. These insiders held the 43MM+ shares. Either algo buying happened or value buyers stepped up on Friday. Volume was normal. I would have liked superior volume Friday. That's what I make of it.
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NLZ Nov 7, 2:57 PM
$WRD 🇸🇬 Punggol AV Incident Update on the incident that occurred on 5 Nov, where a Grab-operated, WeRide shuttle in Punggol was involved in a near-miss with a pedestrian at a signalised crossing. No collision occurred. The vehicle initiated braking and an evasive manoeuvre, and the onboard safety operator then took control and moved the vehicle further away from the pedestrian. Singapore’s Land Transport Authority is investigating the incident and has directed Grab to pause autonomous-vehicle testing at similar junctions until the review is complete. This is a -targeted operational restriction-, not a suspension of the broader Punggol autonomous shuttle service. Grab and WeRide are reviewing the event with LTA and will assess whether the vehicle’s response to comparable scenarios should be adjusted. I view this as a contained safety-review and operational-learning event. https://www.channelnewsasia.com/singapore/lta-grab-pause-av-vehicle-testing-punggol-near-miss-schoolgirl-6531876
1 replies
NLZ Nov 7, 11:21 AM
$WRD vs $TSLA Livestream starts: China (Beijing, CST) 10:30 AM, Nov 8 Europe (CET) 3:30 AM, Nov 8 US Eastern (EST) 9:30 PM, Nov 7 Tomorrow: Official D1EV page: https://weibo.com/1237074602/RqfBm3v1 Livestream, Douyin and WeChat Video Channels (search: 智驾大赛)
0 replies
LubberJML Nov 7, 9:08 AM
$WRD gained more yesterday than it lost the day before. Volume on the downside day was huge. Volume yesterday was more muted. The stocks that got clobbered Thursday recovered somewhat on Friday but WRD was the only stock to recover its entire loss and some more. That was one day and the broad market still looks like trash.I don't know if WRD catches some of the rotation flows while the rotation unfolds. TOny need to do a lot better communicating WeRide. We'll get Q3 in 2 weeks.
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NLZ Nov 7, 8:13 AM
$WRD WeRide vs Tesla FSD V14: Head-to-Head Challenge Tomorrow in Changsha When? 10:30 AM China time (3:30 AM CET) D1EV will host a direct ADAS comparison between: 🇨🇳 GAC Aion Ray 7, powered by WeRide AEP3.F.0.0, promoted as the 8th-time champion of China's Intelligent Driving Competition. 🇺🇸 Tesla Model YL, running FSD V14.2.2, using camera-only perception. The challenge will test real-world urban driving, incl. complex traffic situations, narrow roads, maneuvering and parking. This puts WeRide's production-oriented ADAS technology against one of the world's most recognizable driving systems. A competitive result could strengthen WeRide's credibility as an independent ADAS supplier to global automakers. The result will be particularly interesting given the Aion Ray 7's mass-market positioning. Comparable performance would be commercially meaningful, although one competition cannot establish overall system superiority. Source: https://weibo.com/1237074602/RqfBm3v1y
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LubberJML Nov 7, 7:13 AM
$WRD
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