Pony AI (NASDAQ:PONY) Coverage Initiated at BNP Paribas Exane

Key Points

• BNP Paribas Exane initiated coverage with a "neutral" rating and a $12.50 price target, implying about a 17.9% upside from the prior close.
• Analyst consensus is a Moderate Buy with a $20.50 average target; the breakdown is 1 Strong Buy, 5 Buy, 2 Hold and 1 Sell, showing mixed but generally positive sentiment.
• PONY opened at $10.60 and trades in a 52‑week range of $4.11–$24.92, with a market cap of ~$4.08B, a negative P/E (‑7.52) and a high beta (6.26), indicating volatility and current unprofitability.

Equities researchers at BNP Paribas Exane initiated coverage on shares of Pony AI (NASDAQ:PONY - Get Free Report) in a research note issued to investors on Thursday. The brokerage set a "neutral" rating and a $12.50 price target on the stock. BNP Paribas Exane's price objective would suggest a potential upside of 17.91% from the company's previous close.

Other analysts have also recently issued research reports about the stock. CLSA initiated coverage on shares of Pony AI in a research note on Friday, January 2nd. They issued an "outperform" rating and a $22.00 price objective for the company. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Pony AI in a report on Thursday, January 22nd. Macquarie Infrastructure began coverage on shares of Pony AI in a research report on Monday, December 15th. They issued an "outperform" rating and a $29.00 price target for the company. Wall Street Zen raised Pony AI from a "sell" rating to a "hold" rating in a research report on Sunday. Finally, Barclays initiated coverage on Pony AI in a research note on Tuesday, December 16th. They set an "equal weight" rating and a $15.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $20.50.

Pony AI Price Performance

PONY stock opened at $10.60 on Thursday. Pony AI has a fifty-two week low of $4.11 and a fifty-two week high of $24.92. The stock has a market capitalization of $4.08 billion, a price-to-earnings ratio of -7.52 and a beta of 6.26. The business's fifty day moving average price is $13.67 and its two-hundred day moving average price is $15.78.

Institutional Investors Weigh In On Pony AI

Several institutional investors and hedge funds have recently added to or reduced their stakes in PONY. Goldman Sachs Group Inc. bought a new position in shares of Pony AI in the 1st quarter valued at $139,000. Legal & General Group Plc acquired a new stake in Pony AI in the second quarter valued at about $1,595,000. XTX Topco Ltd acquired a new stake in Pony AI in the second quarter valued at about $1,434,000. Hershey Trust Co. acquired a new stake in Pony AI in the second quarter valued at about $277,000. Finally, Schroder Investment Management Group bought a new position in Pony AI in the second quarter valued at about $1,941,000.

About Pony AI

Pony.ai develops autonomous driving technologies for passenger and goods transportation. The company offers an end-to-end self-driving stack that combines perception, planning and control systems with proprietary hardware and software. Pony.ai’s solutions support robotaxi services and advanced driver-assistance system (ADAS) deployments across urban and suburban environments.

Founded in late 2016 by James Peng and Sean Gong, Pony.ai operates research and development centers in Fremont, California, as well as in Guangzhou and Beijing, China.

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