$WRD

WeRide (NASDAQ: WRD, HKEX: 0800) launched a global insurance partnership program with Allianz Insurance Singapore and Ping An P&C Insurance to support the deployment of its autonomous vehicles worldwide. The program aims to develop tailored insurance solutions for driverless operations, streamlining protocols as deployments scale across 13 countries and 60 cities.

Barclays initiated WeRide (WRD) with an Equalweight rating and $4.00 price target, citing regulatory hurdles. The stock trades at $4.27, near its 52-week low, down over 50% YTD. WeRide reported 102% revenue growth but remains unprofitable. Barclays notes regulatory challenges as the primary constraint for robotaxi deployment. Morgan Stanley and BofA Securities lowered their price targets to $12.00 and $10.70, respectively.

Cathie Wood's Ark Invest added to positions in Archer Aviation (ACHR), Joby Aviation (JOBY), and WeRide (WRD), all down 38%, 56%, and 44% this year. Archer's revenue is projected to grow significantly from 2026 to 2030, with profitability expected in 2029. Joby, a competitor, has a larger market cap and is expected to turn a profit by 2031. WeRide, a Chinese autonomous-driving company, saw revenue grow 73% in the first half of the year, with profitability expected in 2029.

ARK Invest, led by Cathie Wood, purchased shares in flying taxi companies Joby Aviation (JOBY) and Archer Aviation (ACHR), along with robotaxi firms WeRide (WRD), Pony AI (PONY), Baidu (BIDU), and Aurora Innovation (AUR). The ETFs bought 1.79M ACHR shares (~$8.31M), 543.9K JOBY shares (~$3.14M), 172.3K PONY shares (~$1.05M), 11.48K BIDU shares (~$999K), 61.9K WRD shares (~$316K), and 529.65K AUR shares (~$3.04M).

WeRide (Nasdaq: WRD, HKEX: 0800) has been added to the HKEX Tech 100 Index, effective September 14, 2026. The index tracks 100 large- and mid-cap tech companies in Hong Kong. WeRide reported Q2 2026 revenue of $34.2M, up 82% YoY, with a gross profit margin of 37.5%. The company operates globally with 3,400 autonomous vehicles and plans to expand further.

WeRide (NASDAQ:WRD) reported first-half 2026 revenue rose 73.3% to 346 million yuan, but it posted a 790 million yuan loss. The company said its robotaxi fleet exceeded 1,800 vehicles by end-June and it operates in 13 countries, including Uber partnerships in Europe. Shares fell over 6% after the earnings release.

WeRide (WRD) reported Q2 2026 revenue of CNY 231.72 million, up from CNY 127.18 million a year earlier, with a net loss of CNY 400.67 million. First-half revenue rose to CNY 345.86 million from CNY 199.62 million. The company also partnered with GreenMobility to deploy Level 4 autonomous shared mobility in Denmark by H1 2027.

BofA Securities cut its WeRide Inc (NASDAQ:WRD) price target to $10.70 from $11.80 and kept a Buy rating. WRD trades at $5.95. WeRide reported Q2 2026 revenue of RMB232 million, up 82% YoY, with gross margin at 37.5%. Non-GAAP net loss was RMB338 million.

WeRide (Nasdaq) reported Q2 and 1H 2026 results on Aug 12. First-half revenue rose 73.3% YoY to RMB 345.9m (USD 51.2m), with Q2 revenue up 82.2% YoY to RMB 231.7m. Gross margin increased to 37.5%. Level 4 fleet was ~3,400 vehicles (over 1,800 robotaxis) by July 31, and international revenue grew 154.4% YoY in 1H.

Reuters reported Aug. 13 that WeRide (WRD) is scouting Australia, South Korea, Japan, and Southeast Asia for robotaxi expansion. The company said overseas revenue rose 164% year over year in Q2, with international sales near 40% of group revenue, and gross margin at 37.5%. Net loss was RMB401 million.