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WeRide Inc. Sponsored ADR ( (WRD) ) just unveiled an update.
On July 28, 2025, WeRide Inc. announced that its Robotaxi has secured Saudi Arabia’s first autonomous driving permit, making it the only technology company with such permits in six countries. This milestone allows WeRide to operate and deploy Robotaxis nationwide in Saudi Arabia, starting with pilot operations in Riyadh in collaboration with Uber and local partner Ai Driver. The permit, granted after rigorous testing and assessments, marks a significant step in WeRide’s global expansion, enabling large-scale deployment and new revenue streams in Saudi Arabia. WeRide has also been testing its Robobus and Robosweeper S1 in key locations in Saudi Arabia, further expanding its presence in the Middle East.
The most recent analyst rating on (WRD) stock is a Buy with a $23.00 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 is primarily impacted by its weak financial performance, characterized by declining revenues and persistent losses. While the earnings call provided some positive insights with strategic partnerships and revenue growth in key segments, the company’s valuation remains unattractive due to ongoing losses. Technical analysis shows some positive momentum, but this is overshadowed by financial and valuation concerns.
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. Its autonomous vehicles have been tested or operated in over 30 cities across 10 countries. WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries.
Average Trading Volume: 14,976,950
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.94B
See more data about WRD stock on TipRanks’ Stock Analysis page.