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WeRide ( (WRD) ) just unveiled an announcement.
On October 31, 2025, WeRide Inc. announced it has received a federal level license from the UAE government to conduct fully driverless robotaxi commercial operations. This milestone marks the first city-level driverless robotaxi commercial operation outside the United States, allowing WeRide to operate its robotaxis without an on-board safety driver in the UAE. The company initially launched its robotaxi service in Abu Dhabi in December 2024 and expanded its coverage in July 2025 to include about half of Abu Dhabi’s core areas. Currently, WeRide operates over 100 robotaxis in the Middle East, highlighting its growing influence in the region’s autonomous vehicle market.
The most recent analyst rating on (WRD) stock is a Hold with a $12.00 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 provides some optimism with positive momentum indicators, but the negative P/E ratio and lack of dividend yield weigh heavily on the valuation.
To see Spark’s full report on WRD stock, click here.
More about WeRide
WeRide Inc. operates in the autonomous vehicle industry, focusing on the development and deployment of driverless robotaxis. The company is known for its innovative approach to autonomous driving technology and has a significant market presence in the Middle East, particularly in the United Arab Emirates.
Average Trading Volume: 6,742,626
Technical Sentiment Signal: Strong Buy
Current Market Cap: $3.32B
For detailed information about WRD stock, go to TipRanks’ Stock Analysis page.