WeRide Partners with RTA and Uber for Autonomous Vehicle Pilot in Dubai

WeRide Inc. Sponsored ADR ( (WRD) ) has shared an update.

On June 16, 2025, WeRide Inc. announced the signing of a Memorandum of Understanding (MoU) with Dubai’s Roads and Transport Authority (RTA) and Uber Technologies to launch pilot operations of autonomous vehicles in Dubai later this year. This collaboration marks a significant step towards the full-scale commercial rollout of driverless services by 2026, aligning with Dubai’s vision of making 25% of all transportation trips autonomous by 2030. The partnership builds on WeRide and Uber’s previous success with Robotaxi operations in Abu Dhabi and aims to expand autonomous vehicle accessibility globally.

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 Inc.’s overall stock score reflects substantial financial difficulties, with negative profitability and cash flow challenges being the most significant factors. Technical indicators suggest bearish momentum, and valuation metrics are unattractive. The positive sentiment from the earnings call, driven by strategic partnerships and revenue growth, provides some optimism but is overshadowed by financial instability.

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 ranging from L2 to L4, catering to transportation needs in mobility, logistics, and sanitation industries. WeRide’s autonomous vehicles have been tested or operated in over 30 cities across 10 countries, and it holds autonomous driving permits in China, the UAE, Singapore, France, and the US.

Average Trading Volume: 12,328,141

Technical Sentiment Signal: Strong Sell

Current Market Cap: $2.23B

For detailed information about WRD stock, go to TipRanks’ Stock Analysis page.