Pony AI (NASDAQ:PONY) Stock Price Down 3.5% – What’s Next?

Posted by Bryan LeMar on Apr 11th, 2025

Pony AI Inc. (NASDAQ:PONY – Get Free Report) shares traded down 3.5% during mid-day trading on Tuesday . The company traded as low as $6.26 and last traded at $6.31. 248,111 shares were traded during mid-day trading, a decline of 84% from the average session volume of 1,586,975 shares. The stock had previously closed at $6.54.

Analysts Set New Price Targets

PONY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Pony AI in a research report on Tuesday, January 14th. They set a “buy” rating and a $20.00 price target for the company. Bank of America assumed coverage on Pony AI in a research note on Monday, December 23rd. They issued a “buy” rating and a $18.00 price target for the company. Finally, The Goldman Sachs Group assumed coverage on Pony AI in a research note on Monday, December 23rd. They set a “buy” rating and a $19.60 price objective on the stock.

Read Our Latest Stock Report on Pony AI

Pony AI Stock Performance

The business’s 50 day simple moving average is $12.95.

Institutional Investors Weigh In On Pony AI

Institutional investors and hedge funds have recently bought and sold shares of the business. Wellington Management Group LLP bought a new position in shares of Pony AI during the fourth quarter valued at approximately $19,334,000. Woodline Partners LP acquired a new stake in Pony AI in the fourth quarter worth $2,206,000. Squarepoint Ops LLC bought a new stake in Pony AI in the fourth quarter valued at $691,000. Toyota Motor Corp acquired a new position in shares of Pony AI during the fourth quarter valued at $647,421,000. Finally, Millennium Management LLC bought a new position in shares of Pony AI during the fourth quarter worth about $596,000.

Pony AI Company Profile

(Get Free Report)

Pony AI Inc, through its subsidiaries, engages in the autonomous mobility principally in the People’s Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. Pony AI Inc is based in Guangzhou, the People’s Republic of China.