WeRide (NASDAQ:WRD) Shares Down 13.6% - Time to Sell?

Market Beat
2025.04.10 00:06
portai
I'm PortAI, I can summarize articles.

WeRide Inc. (NASDAQ:WRD) shares fell 13.6% during mid-day trading, reaching a low of $9.40 before closing at $9.70. Trading volume was down 78% from the average. The company reported a quarterly EPS of ($0.29) with revenue of $19.29 million. Analysts forecast a -0.68 EPS for the current year. WeRide specializes in autonomous driving technology, including services like Robotaxi and Robobus. Despite a Hold rating, analysts suggest there are better investment options available.

WeRide Inc. (NASDAQ:WRD - Get Free Report)'s stock price fell 13.6% during mid-day trading on Monday . The stock traded as low as $9.40 and last traded at $9.70. 387,671 shares changed hands during trading, a decline of 78% from the average session volume of 1,789,145 shares. The stock had previously closed at $11.23.

WeRide Stock Down 9.4 %

  • 3 Stocks Powering the Future of Autonomous Driving

WeRide (NASDAQ:WRD - Get Free Report) last released its earnings results on Friday, March 14th. The company reported ($0.29) EPS for the quarter. The company had revenue of $19.29 million during the quarter. As a group, equities analysts forecast that WeRide Inc. will post -0.68 earnings per share for the current year.

WeRide Company Profile

(Get Free Report)

WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.

Further Reading

  • Five stocks we like better than WeRide
  • What Are Dividend Achievers? An Introduction
  • Options Activity Points to More Volatility for Palantir Stock
  • 3 Warren Buffett Stocks to Buy Now
  • NVIDIA Stock: Oversold, Undervalued — How Low Can It Go?
  • What is Put Option Volume?
  • MicroStrategy Sees Insider Buy-Sell Action in Q1
  • MarketBeat Week in Review – 02/17 - 02/21

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in WeRide Right Now?

Before you consider WeRide, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and WeRide wasn't on the list.

While WeRide currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Source: Market Beat The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.