WeRide Inc.
- Open
- 5.99
- Day high
- 6.00
- Day low
- 5.74
- Prev close
- 6.05
- Volume
- 1.6M
- Mkt cap
- $1.9B
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- 2.0
- P/S
- 15.3
- Yield
- —
- Per share
- —
WeRide Inc. (WRD) is a Technology company listed on NASDAQ. The stock is down 37% over the past year. Drillr has 1 published research article covering WRD.
WeRide Inc. (WRD) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
WRD earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Aug 12, 2026 | $-0.13 | $-0.18 | -37.7% | $34M | +28.5% |
| May 13, 2026 | $-0.11 | $-0.18 | -69.1% | $17M | -17.7% |
| Mar 23, 2026 | $-0.14 | $-0.24 | -67.6% | $45M | +30.0% |
| Nov 24, 2025 | — | $-0.15 | — | $24M | -91.1% |
| Jul 31, 2025 | — | $-0.18 | — | $18M | — |
| May 21, 2025 | — | $-0.13 | — | $10M | — |
| Mar 14, 2025 | — | $-0.14 | — | $19M | — |
| Nov 29, 2024 | — | $-1.24 | — | $10M | — |
| Jun 30, 2024 | — | $-0.21 | — | $11M | — |
| Mar 31, 2024 | — | $-0.24 | — | $10M | — |
| Dec 31, 2023 | — | $-0.20 | — | $20M | — |
| Sep 30, 2023 | — | $-0.43 | — | $10M | — |
WRD insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 22, 2018 | Brannon Richard Ddirector | Tax | 8,269 | — |
| Jan 8, 2018 | SIMS GRANT Edirector | Grant | 8,269 | — |
| Jan 8, 2018 | Brannon Richard Ddirector | Grant | 8,269 | — |
| Feb 13, 2017 | SIMS GRANT Edirector | Grant | 10,000 | — |
| Dec 19, 2016 | NGP XI US Holdings, L.P.10 percent owner | Grant | 41,318,596 | $0.01 |
| Dec 19, 2016 | NGP XI US Holdings, L.P.10 percent owner | Grant | 9,000,000 | $15.00 |
| Dec 19, 2016 | Esquisto Holdings, LLCdirector, 10 percent owner: | Grant | 38,755,330 | $0.01 |
| Dec 19, 2016 | Brannon Richard Ddirector | Grant | 10,000 | — |
| Dec 19, 2016 | WHR Holdings, LLCdirector, 10 percent owner: | Grant | 21,200,084 | $0.01 |
Source: WRD SEC Form 4 filings, latest Jun 22, 2018. For informational purposes only — not investment advice.
See the full WRD insider & 13F page →WeRide Inc. company profile
Overview
WeRide Inc. (NASDAQ:WRD) is a Chinese autonomous driving technology company founded in February 2017 by Xu Han and Yan Li, headquartered in Guangzhou, China. The company went public on October 24, 2024, making it one of the first pure-play autonomous vehicle companies to list on a major U.S. exchange. WeRide has positioned itself as a comprehensive autonomous driving platform provider, developing both the underlying technology and deploying various autonomous vehicle applications across multiple markets globally.
Business
WeRide operates in the autonomous driving technology sector, developing both the software platform and hardware solutions for self-driving vehicles. The company's core offering is its proprietary autonomous driving technology platform that powers various types of autonomous vehicles for different commercial applications. The company operates through multiple autonomous vehicle segments. Robotaxi services represent the company's flagship consumer-facing offering, providing autonomous ride-hailing services where passengers can summon self-driving cars through mobile applications, similar to traditional ride-sharing but without human drivers. Robobus services focus on autonomous public transportation, offering self-driving buses for fixed routes and scheduled services. Robovan solutions target urban logistics and delivery markets, providing autonomous vehicles for last-mile delivery and freight transport. Robosweeper products serve the environmental sanitation sector with autonomous street cleaning vehicles. Additionally, WeRide offers advanced driving solutions to automotive manufacturers, providing the technology stack that enables varying levels of vehicle automation. Based on the 2024 financial results, the company generates revenue through two primary streams: Product Revenue (representing approximately 70% of total revenue at 252 million RMB) which includes vehicle sales and technology licensing, and Service Revenue (approximately 30% at 89 million RMB) which encompasses ongoing operational services and maintenance. The company has expanded operations to over 30 cities across 10 countries, demonstrating both domestic Chinese market penetration and international scalability.
Competitive moat
WeRide's competitive moat appears moderately strong but not insurmountable. The company's primary advantages include its early-mover position in multiple autonomous vehicle segments, having deployed over 1,000 autonomous vehicles across diverse applications from ride-hailing to street cleaning. This operational experience provides valuable real-world data that improves the AI algorithms and creates a data network effect. WeRide's international expansion strategy, particularly in markets with aging populations and labor shortages, positions the company in less competitive environments compared to the saturated Chinese domestic market. The company's technology platform approach, where the same underlying autonomous driving system powers multiple vehicle types, creates operational efficiencies and cross-segment learning that pure-play competitors in single segments cannot easily replicate. Strategic partnerships with established players like Uber and NVIDIA provide distribution channels and technological resources that smaller competitors may lack access to. However, WeRide faces significant competitive threats that limit the durability of its moat. Major automotive manufacturers like Tesla, General Motors (Cruise), and Waymo (Alphabet) possess substantially larger financial resources and established automotive industry relationships. Technology giants including Baidu, Apple, and Amazon have deep pockets and extensive AI expertise that could rapidly close technological gaps. The autonomous driving industry lacks strong patent protection, as core innovations often rely on AI algorithms and data rather than patentable hardware inventions. Additionally, regulatory approval processes create opportunities for new entrants to compete on equal footing once they achieve technical competency, as government permits are typically not exclusive to first movers.
Risks & safety
WeRide presents a moderate to high financial risk profile typical of early-stage technology companies with significant cash burn and no path to immediate profitability. • Cash and Liquidity: Strong cash position with $588 million in cash and short-term investments, providing substantial runway given current burn rates • Debt Levels: Minimal debt with debt-to-equity ratio of only 0.02, indicating low financial leverage risk • Current Ratio: Exceptionally strong at 13.4, demonstrating excellent short-term liquidity • Cash Burn: Operating cash flow negative at $82 million annually, with free cash flow negative at $94 million • Solvency: Low near-term bankruptcy risk given strong cash position relative to current burn rate • Valuation Metrics: Price-to-book ratio of 4.3 suggests premium valuation; negative earnings make P/E ratio meaningless • Other Considerations: Recent IPO provides additional capital cushion, but path to profitability remains uncertain and dependent on successful scaling of autonomous vehicle deployments
Recent development
Over the past few years, WeRide has executed several key strategic initiatives to expand its market presence and technological capabilities. The company launched its new purpose-built Robotaxi called GXR, representing a shift toward custom-designed vehicles optimized specifically for autonomous ride-hailing rather than retrofitting existing cars. WeRide has also deployed advanced end-to-end AI models incorporating visual language models (VLM), representing a significant technological upgrade that enables more sophisticated scene understanding and decision-making capabilities. The company's international expansion strategy has accelerated significantly, with WeRide launching Robotaxi services in Abu Dhabi through partnership with Uber, initiating pilot projects in Switzerland, and establishing collaborations with Zurich Airport and Renault. This international focus targets markets with aging populations and labor shortages where autonomous vehicles can command premium pricing and face less regulatory resistance. WeRide has also refined its business model toward a hybrid fleet approach, combining autonomous vehicles with human drivers to optimize utilization rates and achieve positive margins from day one in new markets. The company has established strategic technology partnerships with industry leaders including NVIDIA for AI computing infrastructure, Uber for ride-sharing platform integration, and Bosch for automotive components, creating a more robust ecosystem for deployment and scaling.
WRD company profile · for informational purposes only — not investment advice.
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