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WeRide ( (WRD) ) has provided an update.
WeRide has announced its expansion into Belgium with the launch of its Robobus in Leuven, marking its 11th global market. The initiative, in collaboration with De Lijn and other partners, aims to integrate autonomous vehicles into Leuven’s transit network, with public road testing starting in mid-September 2025. The pilot project, expected to begin in mid-November and run through January 2026, is set to be Belgium’s first commercial deployment of autonomous vehicles in mixed traffic. This move is part of WeRide’s strategic growth in Europe, highlighting Belgium’s role as a mobility-focused innovation hub. The project aims to improve urban mobility and connectivity while preparing for fully driverless operations in the future.
The most recent analyst rating on (WRD) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on WeRide stock, see the WRD Stock Forecast page.
Spark’s Take on WRD Stock
According to Spark, TipRanks’ AI Analyst, WRD is a Neutral.
WeRide Inc.’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues and persistent losses. Technical analysis indicates a bearish trend, and the valuation is unattractive due to negative earnings. The absence of earnings call data and corporate events means these factors did not influence the score.
To see Spark’s full report on WRD stock, click here.
More about WeRide
WeRide is a global leader in the autonomous driving industry and the first publicly traded Robotaxi company. Its autonomous vehicles have been tested or operated in over 30 cities across 11 countries. WeRide offers autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. The company has received autonomous driving permits in six markets, including China, Singapore, France, Saudi Arabia, the UAE, and the US.
Average Trading Volume: 6,778,688
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.66B
For a thorough assessment of WRD stock, go to TipRanks’ Stock Analysis page.