PONY
Pony AI Inc. American Depositary SharesPONY
PONY
About: Pony AI Inc is an artificial intelligence technology company that principally engaged in the operation and development of autonomous vehicles. It operate fully driverless robotaxis through PonyPilot mobile app in Beijing, Shanghai, Guangzhou and Shenzhen. The company operate a fleet of nearly 250 robotaxis. The Group conducts its operation mainly in the People's Republic of China ("PRC") and the United States of America ("U.S.") through subsidiaries. Key revenue is generated from People's Republic of China.
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Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$18
38%
upside
Avg. target
$18.80
44%
upside
High target
$19.60
51%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
B of A Securities Ming Hsun Lee 70% 1-year accuracy 7 / 10 met price target | 38%upside $18 | Buy Initiated | 23 Dec 2024 |
Goldman Sachs Allen Chang 0% 1-year accuracy 0 / 2 met price target | 51%upside $19.60 | Buy Initiated | 23 Dec 2024 |
Financial journalist opinion
Based on 13 articles about PONY published over the past 30 days
Positive
Benzinga
2 days ago
Pony AI Speeds Past Competitors, Commercializes Fully Driverless Vehicles
Shares of autonomous driving technology leader Pony AI Inc PONY debuted on Nasdaq in November.
Positive
Seeking Alpha
2 weeks ago
Pony AI: An Attractive Autonomous Driving Technology Play
Initiating coverage on Pony AI with a 'Buy' rating, citing industry tailwinds and significant growth potential in autonomous driving technology over the next 24–36 months. PONY's robotaxi and robotruck segments show strong early growth, with strategic partnerships and regulatory approvals positioning the company for future expansion. Despite current losses, the company's high R&D investment and industry partnerships are expected to drive innovation and long-term profitability.
Neutral
Business Wire
3 weeks ago
Deutsche Bank appointed as depositary bank for the sponsored American Depositary Receipt program of Pony AI Inc.
NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Pony AI Inc. Pony AI Inc. (NASDAQ: PONY) is a global leader in achieving large-scale commercialization of autonomous mobility. It aims to mass commercialize its autonomous driving technology to deliver safe, sustainable, and accessible mobility to people and business around the world. Its principal executive office is located in Guangzhou, Chin.
Neutral
Seeking Alpha
3 weeks ago
U.S. IPO Weekly Recap: Robotaxi Developer And Potash Miner Lead 6 IPO Holiday Week
Six IPOs and one SPAC listed this week - Pony AI, Brazil Potash, Venu Holding, Brillia, Wing Yip Food, Creative Global Tech, and FACT II Acquisition, respectively. One IPO and two SPACs submitted initial filings - Top Win, Inflection Point Acquisition III, and Range Capital Acquisition, respectively. Excluding micro-caps, we expect a mostly quiet calendar through the end of the year, though a couple large issuers could come to market before year end.
Negative
Seeking Alpha
3 weeks ago
Pony AI IPO: What To Make Of It
Pony AI, a Chinese autonomous vehicle company, recently went public, raising $260 million but experiencing initial share price volatility, now trading around $12. The company focuses on robotaxi and self-driving truck technology, with significant operations in China and partnerships with major automakers like Toyota. Despite strong revenue growth, Pony AI remains unprofitable, burning $90 million in cash in H1 2024.
Neutral
Business Wire
4 weeks ago
Pony.ai Lists on Nasdaq
NEW YORK--(BUSINESS WIRE)--NASDAQ MarketSite – Pony.ai, a global leader in autonomous driving technology, today listed on the Nasdaq Global Select Market (NASDAQ: PONY) and celebrated its initial public offering by ringing the Nasdaq opening bell. The IPO marks a significant milestone in Pony.ai's journey toward global leadership in the large-scale commercialization and mass production of autonomous vehicles. The IPO offered 20 million American Depository Shares (ADSs) priced at $13.00 per shar.
Positive
Proactive Investors
4 weeks ago
China robotaxi startup Pony AI to get $4.5B valuation in Nasdaq IPO
Pony AI Inc, a Chinese robotaxi company with some of its operations in Silicon Valley, California, has priced its initial public offer on New York's Nasdaq, giving it a potential debut market cap of just over US$4.5 billion. The Guangzhou-based startup said it could raise US$452.4 million from the IPO and private placements with various "strategic third-party investors".
Neutral
Fast Company
4 weeks ago
Pony AI stock price: Chinese autonomous car company's Nasdaq IPO will be closely watched today
Pony AI is having its initial public offering today. The firm, which is based in Silicon Valley but also has a headquarters in Guangzhou, China, makes autonomous mobility tech that can turn cars into self-driving vehicles.
Positive
TechCrunch
4 weeks ago
Pony AI set for Nasdaq debut at $4.55B valuation
Chinese autonomous driving technology company Pony AI will start trading on the Nasdaq on Wednesday at an offering price of $13 per share, the higher end of its expected range.
Positive
Market Watch
4 weeks ago
Pony AI's IPO debut could set the stage for more Chinese listings as thaw eases
Chinese companies had been avoiding U.S. listings due to geopolitical tensions, but now they have fresh reason to consider U.S. markets again.
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