Ryde Group Ltd’s Compliance Plan Accepted by NYSE American

Ryde Group Limited Class A ( (RYDE) ) has provided an announcement.

On August 8, 2025, Ryde Group Ltd announced that its plan to regain compliance with NYSE American’s listing standards was accepted. The company had previously been notified on May 21, 2025, of non-compliance due to stockholders’ equity below $4 million and losses in three of the last four fiscal years. Ryde submitted a compliance plan by the June 20 deadline, which was accepted on August 5, 2025, granting them until November 21, 2026, to meet the standards. During this period, Ryde’s shares will continue to be listed and monitored quarterly. The acceptance of the plan does not impact the company’s operations or financial condition, but failure to comply by the deadline could lead to delisting proceedings.

The most recent analyst rating on (RYDE) stock is a Buy with a $0.60 price target. To see the full list of analyst forecasts on Ryde Group Limited Class A stock, see the RYDE Stock Forecast page.

Spark’s Take on RYDE Stock

According to Spark, TipRanks’ AI Analyst, RYDE is a Neutral.

The overall stock score for Ryde is primarily impacted by its weak financial performance, characterized by negative profitability and high leverage. Technical analysis provides some neutral to positive signals, but the valuation remains a significant concern due to a lack of earnings and dividend yield. Addressing financial stability and profitability issues is crucial for improving the stock’s attractiveness.

To see Spark’s full report on RYDE stock, click here.

More about Ryde Group Limited Class A

Ryde Group Ltd is a Singapore-based technology platform known for being the world’s first on-demand carpooling app since 2014. As a publicly listed company on the NYSE, Ryde offers a comprehensive range of services including carpooling, private hire, taxi, and delivery. The company is distinguished by its zero-commission policy for private-hire and taxi partners, allowing drivers to retain more of their earnings.

Average Trading Volume: 9,833,233

Technical Sentiment Signal: Sell

Current Market Cap: $8.04M

For a thorough assessment of RYDE stock, go to TipRanks’ Stock Analysis page.