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

BNP Paribas Exane started coverage on shares of Pony AI (NASDAQ:PONY) in a report issued on Thursday, MarketBeat.com reports. The brokerage issued a neutral rating and a $12.50 target price on the stock.

PONY has been the topic of several other reports. Wall Street Zen raised shares of Pony AI from a “sell” rating to a “hold” rating in a research note on Sunday, March 22nd. Barclays started coverage on Pony AI in a report on Tuesday, December 16th. They issued an “equal weight” rating and a $15.00 price target for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Pony AI in a research report on Thursday, January 22nd. CLSA started coverage on Pony AI in a report on Friday, January 2nd. They issued an “outperform” rating and a $22.00 price objective on the stock. Finally, Citigroup restated a “buy” rating on shares of Pony AI in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $20.50.

Pony AI Stock Performance

PONY stock opened at $9.14 on Thursday. Pony AI has a one year low of $4.11 and a one year high of $24.92. The firm’s fifty day moving average is $13.40 and its 200 day moving average is $15.71. The firm has a market cap of $3.52 billion, a PE ratio of -25.39 and a beta of 6.26.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Virtu Financial LLC lifted its stake in Pony AI by 92.0% in the 4th quarter. Virtu Financial LLC now owns 50,738 shares of the company’s stock valued at $736,000 after buying an additional 24,316 shares in the last quarter. Invesco Ltd. increased its stake in Pony AI by 340.9% during the 4th quarter. Invesco Ltd. now owns 68,152 shares of the company’s stock worth $988,000 after buying an additional 52,694 shares in the last quarter. Yiheng Capital Management L.P. increased its stake in Pony AI by 226.1% during the 4th quarter. Yiheng Capital Management L.P. now owns 653,215 shares of the company’s stock worth $9,472,000 after buying an additional 452,915 shares in the last quarter. Wellington Management Group LLP raised its holdings in shares of Pony AI by 31.0% during the fourth quarter. Wellington Management Group LLP now owns 2,840,863 shares of the company’s stock valued at $41,193,000 after acquiring an additional 671,606 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new position in shares of Pony AI in the fourth quarter valued at approximately $5,609,000.

Key Headlines Impacting Pony AI

Here are the key news stories impacting Pony AI this week:

• Positive Sentiment: Partnership and Europe launch — Pony.ai partnered with Uber and Verne to launch Europe’s first commercial robotaxi service in Zagreb, signaling tangible international commercialization and a new addressable market. Reuters: China’s Pony.ai to more than double robotaxi fleet, debuts in Zagreb
• Positive Sentiment: Operations & revenue growth — The company highlighted steep YoY growth in robotaxi and fare-charging revenues and reiterated a target to scale to ~3,000 robotaxis across 20+ cities this year, supporting longer-term revenue trajectory. GlobeNewswire: PONY AI Inc. Scales with 160% Robotaxi Revenues Growth YoY
• Positive Sentiment: Bullish options flow — Unusually large call buying was reported (27,007 calls), suggesting speculative or hedged bullish positioning by traders shortly after results. (No direct article link available.)
• Neutral Sentiment: New analyst coverage — BNP Paribas Exane initiated coverage with a “neutral” rating and a $12.50 price target, implying upside from current levels but a balanced view on near-term fundamentals. Finviz: Coverage note (BNP Paribas Exane)
• Neutral Sentiment: Earnings call transcripts available — Full Q4/2025 call transcripts were posted (useful for management color on unit economics, expansion cadence and margin targets). InsiderMonkey: Pony AI Q4 2025 Earnings Call Transcript
• Negative Sentiment: Mixed/poor earnings reaction and quality concerns — Market commentary flagged an EPS miss and very weak margin metrics; Proactive noted shares tumbled after the report. Management reported a GAAP net profit largely driven by a $132.5M paper gain on trading securities, which raises questions about recurring profitability and earnings quality. Those factors drove the earlier steep sell-off and are weighing on the stock today. Proactive: Pony.ai shares slide as revenue falls despite robotaxi surge MarketBeat: Pony AI earnings summary and metrics
• Negative Sentiment: High volatility & mixed data — Very high volume, a large beta, and conflicting EPS figures (some sources report a small positive EPS, others a miss) increase short-term uncertainty and likely amplify downward price pressure as investors sort through which numbers to trust. (Background market data and transcripts cited above.)

Pony AI Company Profile

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.