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WeRide ( (WRD) ) just unveiled an update.
WeRide Inc. reported unaudited first-quarter 2026 results on May 13, 2026, posting record revenue of RMB114.1 million, up 57.6% year on year, with strong growth in both product and service revenue and a gross margin of 34.7%, while its operating loss narrowed slightly and its cash and investment balance exceeded RMB6.2 billion. Operationally, the company expanded its global autonomous fleet to about 2,800 vehicles, grew its China robotaxi fleet to roughly 1,000 units with rising utilization, launched public services in Singapore and fully driverless commercial robotaxis in Dubai, advanced European, Middle Eastern, and airport robobus deployments, secured broad OEM adoption for WRD 3.0 after winning China’s urban intelligent driving competition for the fourth time, and highlighted its GENESIS simulation platform and multi-chip compatibility as key enablers of scalable global commercialization.
The most recent analyst rating on (WRD) stock is a Buy with a $11.40 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.
The score is held down primarily by weak financial performance—heavy ongoing losses and worsening cash burn—despite strong revenue momentum and a relatively low-debt balance sheet. Technical indicators are mildly supportive but not decisive, while valuation remains constrained by loss-making status. The latest earnings call adds a positive tilt through scaling and unit-economics improvement plans and capital actions, tempered by execution and regulatory risks.
To see Spark’s full report on WRD stock, click here.
More about WeRide
WeRide Inc. is a global autonomous driving technology company listed on Nasdaq and HKEX, focused on Level 4 robotaxis and a suite of autonomous mobility products including robobuses, robovans, and robosweepers. The company also develops WRD 3.0, an L2++ ADAS solution, and the GENESIS simulation platform, targeting large-scale commercial deployment with automakers and mobility partners in China, Southeast Asia, the Middle East, and Europe.
Average Trading Volume: 4,098,649
Technical Sentiment Signal: Sell
Current Market Cap: $2.72B
See more insights into WRD stock on TipRanks’ Stock Analysis page.