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WeRide Inc. Sponsored ADR ( (WRD) ) has provided an update.
WeRide Inc. announced its continued partnership with Renault Group to provide an L4 autonomous minibus shuttle service at the 2025 Roland-Garros Grand Slam tournament in Paris, marking the second consecutive year of this collaboration. The Robobus service, which has proven safe and reliable, operates on a 2.8km route and includes a new night service, enhancing convenience for guests. This initiative underscores WeRide’s commitment to expanding autonomous mobility solutions in Europe, with recent deployments in France and Spain, and highlights the company’s strategic focus on the European market.
The most recent analyst rating on (WRD) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on WeRide Inc. Sponsored ADR stock, see the WRD Stock Forecast page.
Spark’s Take on WRD Stock
According to Spark, TipRanks’ AI Analyst, WRD is a Neutral.
WeRide’s score is primarily influenced by its financial performance challenges, with negative profitability and reliance on external financing being significant concerns. Despite positive developments in the earnings call, such as strategic partnerships and revenue growth in specific segments, the company’s overall financial health remains a major risk.
To see Spark’s full report on WRD stock, click here.
More about WeRide Inc. Sponsored ADR
WeRide Inc. is a global leader in the autonomous driving industry and the first publicly traded Robotaxi company. The company provides autonomous driving products and services from Level 2 to Level 4, catering to the mobility, logistics, and sanitation industries. WeRide’s autonomous vehicles have been tested or operated in over 30 cities across 10 countries, and the company holds autonomous driving permits in five markets, including China, the UAE, Singapore, France, and the US.
Average Trading Volume: 11,085,765
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.79B
For an in-depth examination of WRD stock, go to TipRanks’ Stock Analysis page.