TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ryde Group Limited Class A ( (RYDE) ) has provided an announcement.
On December 2, 2025, Ryde Group Limited issued 5,500,000 Class B Ordinary Shares to its Founder, Chairman, and CEO, Mr. Terence Zou, after achieving performance-based milestones. These milestones included a successful $10 million private offering and over 20% revenue growth in the first half of 2025 compared to the same period in 2024. The issuance strengthens the company’s capital position and supports its Ryde 2.0 growth strategy, focusing on expanding its electric vehicle fleet and leasing operations. Following this issuance, Mr. Zou holds significant voting power, with 64.4% of the aggregate voting power, despite Class B shares not being listed on the NYSE American market.
The most recent analyst rating on (RYDE) stock is a Hold with a $0.51 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 Group Limited Class A is primarily impacted by its weak financial performance, characterized by negative profitability and high leverage. Technical analysis provides some support with positive short-term trends, but the valuation remains unattractive due to negative earnings. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on RYDE stock, click here.
More about Ryde Group Limited Class A
Ryde Group Limited operates in the transportation industry, focusing on the expansion of its electric vehicle fleet and the development of leasing operations. The company is known for its innovative approaches in the mobility sector, aiming to enhance its market presence through strategic growth initiatives.
Average Trading Volume: 2,141,221
Technical Sentiment Signal: Hold
Current Market Cap: $21.27M
For detailed information about RYDE stock, go to TipRanks’ Stock Analysis page.