Pony AI Sees Unusually Large Options Volume (NASDAQ:PONY)

Pony AI Inc. – Sponsored ADR (NASDAQ:PONY) saw some unusual options trading on Thursday. Stock traders bought 27,007 call options on the company. This is an increase of approximately 367% compared to the typical volume of 5,788 call options.

Wall Street Analysts Forecast Growth

PONY has been the topic of a number of recent analyst reports. CLSA initiated coverage on shares of Pony AI in a research note on Friday, January 2nd. They set an “outperform” rating and a $22.00 price target on the stock. BNP Paribas Exane assumed coverage on shares of Pony AI in a research note on Thursday. They issued a “neutral” rating and a $12.50 price objective for the company. Barclays initiated coverage on shares of Pony AI in a research report on Tuesday, December 16th. They set an “equal weight” rating and a $15.00 target price on the stock. Macquarie Infrastructure initiated coverage on shares of Pony AI in a report on Monday, December 15th. They issued an “outperform” rating and a $29.00 target price for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Pony AI in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $20.50.

Pony AI Price Performance

Pony AI stock traded down $1.72 during trading hours on Thursday, hitting $9.68. The stock had a trading volume of 8,801,827 shares, compared to its average volume of 4,231,472. Pony AI has a 1-year low of $4.11 and a 1-year high of $24.92. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of -6.88 and a beta of 6.26. The stock’s fifty day moving average is $13.67 and its two-hundred day moving average is $15.78.

Pony AI News Roundup

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

• Positive Sentiment: Pony.ai announced a strategic partnership with Uber and Verne to launch Europe’s first commercial robotaxi service in Zagreb, marking its first major European entry and potential new revenue streams. Uber, Pony.ai and Verne team up to launch Europe’s first robotaxi service
• Positive Sentiment: Pony.ai reiterated aggressive scale targets: management expects to run over 3,000 robotaxis across 20+ cities in 2026 and reported strong YoY growth in robotaxi and fare revenues, supporting a faster path to commercial monetization. PONY AI Inc. Scales with 160% Robotaxi Revenues Growth YoY
• Neutral Sentiment: BNP Paribas Exane initiated coverage with a “neutral” rating and $12.50 price target—implying upside from current levels but stopping short of a buy recommendation, which could temper near-term momentum.
• Neutral Sentiment: Market press noted Pony.ai among movers this morning alongside large-cap tech names, reflecting broad market headlines driving intraday activity. These Stocks Are Today’s Movers
• Neutral Sentiment: Analyst and media commentary continues to debate the path to sustained profitability despite commercialization progress; longer-term valuation will hinge on unit economics as fleet scale grows. Is There a Path for Pony AI to Achieve Profitability?
• Negative Sentiment: Pony.ai’s Q4 showed revenue weakness and its reported $75.5M GAAP profit was driven primarily by a $132.5M unrealized gain on trading securities, raising concerns that core operating profitability remains uncertain and prompting the pullback. Pony.ai shares slide as revenue falls despite robotaxi surge
• Negative Sentiment: Technicals and liquidity: trading volume is well above average and the stock sits below its 50- and 200-day moving averages with a high beta, which can amplify downside moves as investors reassess near-term execution risk.

Hedge Funds Weigh In On Pony AI

Several hedge funds have recently added to or reduced their stakes in the business. Virtu Financial LLC lifted its holdings in shares of Pony AI by 92.0% in the fourth quarter. Virtu Financial LLC now owns 50,738 shares of the company’s stock valued at $736,000 after purchasing an additional 24,316 shares in the last quarter. Invesco Ltd. increased its stake in shares of 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 purchasing an additional 52,694 shares in the last quarter. Yiheng Capital Management L.P. increased its stake in shares of 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 purchasing an additional 452,915 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Pony AI by 31.0% during the 4th quarter. Wellington Management Group LLP now owns 2,840,863 shares of the company’s stock worth $41,193,000 after purchasing an additional 671,606 shares during the last quarter. Finally, OLD Mission Capital LLC purchased a new stake in Pony AI in the 4th quarter valued at approximately $5,609,000.

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.