Pony AI Earns Moderate Buy, Target $19.23

Pony AI (NASDAQ: PONY) holds a consensus Moderate Buy rating from 11 analyst firms, with an average 12-month price target of $19.23. Recent coverage includes a buy rating from HSBC at $16.60 and a neutral from BNP Paribas at $12.50, while Barclays cut its target to $10.00. PONY opened at $9.22, well below its target and 12-month high of $24.92, with a negative P/E of -25.61 and a high beta of 6.34 signaling volatility. Goldman Sachs, Invesco, and other institutional investors have recently initiated small positions in the autonomous driving company.