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Home โบ Stocks โบ Ryde Group Ltd. (RYDE) Stock Forecast & Price Prediction Singapore | NYSE | Technology | Software - Application
$0.22
-0.01 (-3.30%)10 Quality Stocks Worth Considering Now
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Based on our analysis of 2 Wall Street analysts, RYDE has a bullish consensus with a median price target of $0.60 (ranging from $0.60 to $0.60). Currently trading at $0.22, the median forecast implies a 174.9% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RYDE.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
May 8, 2024 | Maxim Group | Allen Klee | Buy | Maintains | $9.00 |
Apr 16, 2024 | Maxim Group | Buy | Initiates | $8.00 |
The following stocks are similar to Ryde based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Ryde Group Ltd. has a market capitalization of $6.43M with a P/E ratio of 0.0x. The company generates $6.91M in trailing twelve-month revenue with a -208.4% profit margin.
Revenue growth is +33.2% quarter-over-quarter, while maintaining an operating margin of -113.5% and return on equity of -482.2%.
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Provides innovative ride-hailing solutions.
Ryde Group Ltd. operates a mobile platform that offers efficient and user-friendly transportation services. The company generates revenue by connecting commuters with drivers, facilitating ride-hailing transactions, and optimizing transportation logistics for businesses.
The company leverages advanced algorithms and data analytics to enhance user experience and streamline its services. It plays a significant role in the growing demand for digital transport solutions in urban areas, making it a competitive player in the mobility sector.
Technology
Software - Application
30
Mr. Junming Zou
Singapore
N/A
Ryde Group Ltd (NYSE American: RYDE) reaffirmed its commitment to gig workers at the NTUC May Day Rally 2025 in Singapore, highlighting support for a more inclusive workforce.
Ryde Group's commitment to gig workers highlights its market positioning and social responsibility, potentially enhancing brand loyalty and attracting investment in a growing sector.
Ryde Group Ltd (NYSE American: RYDE) filed its annual report on Form 20-F for FY 2024 with the SEC on April 28, 2025. The report is available on the SEC and Ryde's investor relations websites.
Ryde Group Ltd's annual report filing indicates financial transparency and regulatory compliance, which can affect investor confidence and stock performance.
Ryde Group Ltd (NYSE: RYDE) is offering a Double Cashback initiative for Ryde+ subscribers, providing an extra 3% cashback on rides paid with RydeCoins from March 17 to March 31.
Ryde Group's Double Cashback initiative could boost user engagement and retention, potentially increasing revenue and market share, which may positively impact stock performance.
Ryde Group Ltd (NYSE American: RYDE) has integrated Alipay into its platform, enhancing payment options for international tourists in Singapore, improving the ride-hailing experience.
Ryde's integration of Alipay enhances its service for international tourists, potentially increasing user engagement and revenue, which could positively impact its stock performance.
Ryde Group Ltd (NYSE American: RYDE) has launched "Ask My CEO a Question," a platform for driver-partners to engage directly with CEO Terence Zou, enhancing transparency and support.
Ryde Group's initiative enhances transparency and engagement with driver-partners, potentially improving morale and operational efficiency, which can positively impact investor confidence and company performance.
Ryde Group Ltd (NYSE American: RYDE) announced Sasha Ng and Hannah Yeo as recipients of the 2024 Ryde Education Merit Awards, recognizing their academic excellence and leadership.
Ryde Group's emphasis on education and leadership through the REMA awards highlights its commitment to corporate social responsibility, potentially enhancing brand reputation and attracting socially conscious investors.
Based on our analysis of 2 Wall Street analysts, Ryde Group Ltd. (RYDE) has a median price target of $0.60. The highest price target is $0.60 and the lowest is $0.60.
According to current analyst ratings, RYDE has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.22. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RYDE stock could reach $0.60 in the next 12 months. This represents a 174.9% increase from the current price of $0.22. Please note that this is a projection by Wall Street analysts and not a guarantee.
Ryde Group Ltd. operates a mobile platform that offers efficient and user-friendly transportation services. The company generates revenue by connecting commuters with drivers, facilitating ride-hailing transactions, and optimizing transportation logistics for businesses.
The highest price target for RYDE is $0.60 from at , which represents a 174.9% increase from the current price of $0.22.
The lowest price target for RYDE is $0.60 from at , which represents a 174.9% increase from the current price of $0.22.
The overall analyst consensus for RYDE is bullish. Out of 2 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $0.60.
Stock price projections, including those for Ryde Group Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.