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RYDE
Upturn stock ratingUpturn stock rating

Ryde Group Ltd. (RYDE)

Upturn stock ratingUpturn stock rating
$0.18
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
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Upturn Advisory Summary

06/13/2025: RYDE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $0.6

1 Year Target Price $0.6

Analysts Price Target For last 52 week
$0.6Target price
Low$0.16
Current$0.18
high$22.49

Analysis of Past Performance

Type Stock
Historic Profit -85.9%
Avg. Invested days 22
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/13/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 9.19M USD
Price to earnings Ratio -
1Y Target Price 0.6
Price to earnings Ratio -
1Y Target Price 0.6
Volume (30-day avg) 1
Beta -
52 Weeks Range 0.16 - 22.49
Updated Date 06/30/2025
52 Weeks Range 0.16 - 22.49
Updated Date 06/30/2025
Dividends yield (FY) -
Basic EPS (TTM) -0.68

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -208.38%
Operating Margin (TTM) -113.49%

Management Effectiveness

Return on Assets (TTM) -163.69%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value 4965917
Price to Sales(TTM) 1.03
Enterprise Value 4965917
Price to Sales(TTM) 1.03
Enterprise Value to Revenue 0.71
Enterprise Value to EBITDA -
Shares Outstanding 27597400
Shares Floating 17936797
Shares Outstanding 27597400
Shares Floating 17936797
Percent Insiders 24.24
Percent Institutions 1.47

Analyst Ratings

Rating 1
Target Price 0.6
Buy 1
Strong Buy -
Buy 1
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Ryde Group Ltd.

stock logo

Company Overview

overview logo History and Background

Ryde Group Ltd. (RYDE) is a Singapore-based technology company focusing on mobility and quick commerce. Founded in 2014 as a ride-hailing service, it expanded into logistics and e-commerce delivery. Milestones include launching private hire services, expanding into parcel delivery, and developing a mobile marketplace for local businesses.

business area logo Core Business Areas

  • Ride-Hailing: Provides on-demand transportation services connecting passengers with drivers. Offers various ride options including private car, carpool, and taxi bookings.
  • Quick Commerce: Offers on-demand delivery services for parcels, groceries, and food, enabling businesses to fulfill online orders quickly.
  • Mobile Marketplace: Connects local businesses with customers, allowing them to sell products and services directly through the Ryde app.

leadership logo Leadership and Structure

The leadership team consists of Terence Zou (CEO), and several senior executives overseeing technology, operations, and finance. The organizational structure includes departments for engineering, marketing, customer service, and driver management.

Top Products and Market Share

overview logo Key Offerings

  • RydeX: Private hire ride-hailing service. Competitors include Grab and Gojek. Market share data is not publicly available at a granular level, but Ryde is estimated to hold a smaller share than the leading competitors.
  • RydeSEND: On-demand parcel delivery service. Competitors include Lalamove and Ninja Van. Revenue data not publicly available.
  • RydeFOOD: Food delivery service. Competitors include GrabFood and foodpanda. Revenue data not publicly available.

Market Dynamics

industry overview logo Industry Overview

The mobility and quick commerce industries are experiencing rapid growth driven by increasing urbanization and e-commerce adoption. These sectors are competitive, with many players vying for market share through technology, pricing, and service quality.

Positioning

Ryde Group Ltd. positions itself as a local alternative to larger international players. Its competitive advantage lies in its knowledge of the local market and its focus on providing personalized services. The company has recently started expanding its operations into the United States.

Total Addressable Market (TAM)

The global ride-hailing market is estimated to be worth hundreds of billions of dollars and is expected to grow substantially over the next decade. Ryde, despite being a smaller player, targets a niche within this larger TAM focusing on user experience and localised service.

Upturn SWOT Analysis

Strengths

  • Strong local presence and understanding of the Singapore market
  • Diversified service offerings (ride-hailing, delivery, marketplace)
  • Technology-driven platform
  • Brand reputation

Weaknesses

  • Smaller market share compared to larger competitors
  • Limited geographical presence
  • Dependence on single market
  • Thin liquidity in the US market

Opportunities

  • Expansion into new markets
  • Partnerships with local businesses
  • Development of new service offerings
  • Increased adoption of electric vehicles

Threats

  • Intense competition from established players
  • Regulatory changes
  • Economic downturns
  • Fluctuations in fuel prices

Competitors and Market Share

competitor logo Key Competitors

  • GRAB
  • Gojek
  • Uber

Competitive Landscape

Ryde Group faces significant competition from larger, well-funded competitors. To compete effectively, Ryde needs to focus on its strengths, such as its local knowledge and personalized services, to differentiate itself from the competition.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data is limited due to the company's relatively recent public listing in the United States.

Future Projections: Future projections are not readily available.

Recent Initiatives: Expanding to United States is a major strategic initiatives undertaken by Ryde Group Ltd.

Summary

Ryde Group Ltd. is a growing technology company operating in the competitive ride-hailing and quick commerce industries. It has a strong presence in Singapore, with opportunities to expand into new markets. However, it faces challenges from larger competitors and regulatory uncertainties. The company needs to focus on innovation and strategic partnerships to achieve sustainable growth and to watch out for larger competitors who can take its market share by reducing its price and burning money.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company website
  • Industry reports
  • Various News Articles

Disclaimers:

The information provided is based on publicly available data and analyst estimates. It is not financial advice. Market share data is based on estimates and may not be precise.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Ryde Group Ltd.

Exchange NYSE MKT
Headquaters -
IPO Launch date 2024-03-06
Founder, Chairman & CEO Mr. Junming Zou
Sector Technology
Industry Software - Application
Full time employees 30
Full time employees 30

Ryde Group Ltd engages in the provision of mobility and quick commerce solutions in Singapore. The company offers on-demand and scheduled carpooling and ride-hailing services; matching riders to its driver partners; and on-demand, scheduled, and multi-stop parcel delivery services. It also operates RydePay, a digital payments solution that allows users to pay and top up by card and to pay by RydeCoins; and Ryde+, a value subscription plan service. The company was founded in 2014 and is headquartered in Singapore.