Citi Initiates Pony AI (PONY) at $29 PT Amid Robotaxi Inflection Point

Pony AI Inc. (NASDAQ:PONY) is one of the best performing new tech stocks to invest in. On September 29, Citi analyst Jeff Chung initiated coverage of Pony AI with a Buy rating and $29 price target. This sentiment was posted as Citi believes that the robotaxi sector is at an inflection point. The firm is generally positive on the robotaxi market in China. Pony AI reported significant revenue growth and strategic progress in its Q2 2025 financial results, with the total revenue for the quarter reaching $21. ...