WeRide Expands Global Robotaxi Services with Uber Partnership

WeRide Inc. Sponsored ADR ( (WRD) ) just unveiled an announcement.

On May 21, 2025, WeRide Inc. announced plans to expand its commercial robotaxi services to 15 additional cities globally, in partnership with Uber, which has committed an additional US$100 million investment. The company also reported its unaudited financial results for Q1 2025, highlighting a 1.8% revenue increase despite economic uncertainties, and significant growth in its robotaxi business. WeRide’s strategic expansions and partnerships, including collaborations with Tencent Cloud and the launch of driverless testing in Abu Dhabi, position it as a leader in the autonomous driving industry, with implications for stakeholders in terms of increased market reach and technological advancements.

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 overall stock score reflects a company facing significant financial challenges, with negative profitability and cash flow metrics. However, the company shows potential through its technological advancements and global expansion efforts. The technical analysis indicates a bearish trend, while valuation remains unattractive due to negative earnings and lack of dividends. Earnings call insights highlight both growth potential and ongoing financial hurdles.

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

More about WeRide Inc. Sponsored ADR

WeRide Inc. is a global leader in autonomous driving technology, focusing on the commercialization of autonomous vehicles, including robotaxis, robobuses, and other autonomous solutions. The company is actively expanding its operations internationally, with a significant presence in markets such as China, the UAE, Singapore, France, and the U.S.

Average Trading Volume: 7,676,157

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.35B

See more insights into WRD stock on TipRanks’ Stock Analysis page.