Group 1 - Pony AI Inc. is recognized as one of the best performing new tech stocks, with Citi analyst Jeff Chung initiating coverage with a Buy rating and a price target of $29, citing an inflection point in the robotaxi sector [1][3] - The company reported significant revenue growth in Q2 2025, with total revenue reaching $21.5 million, a 76% year-over-year increase, driven by various revenue streams including a 158% increase in Robotaxi Service Revenue [2][3] - Despite the revenue growth, Pony AI's net loss widened to $53.3 million from $30.9 million year-over-year, attributed to a 75% increase in total operating expenses, which reached $64.7 million [3] Group 2 - The Robotaxi Service Revenue specifically saw fare charging revenue grow by over 300%, while Licensing & Application Revenue surged by 902% to $10.4 million [2][3] - The company's Robotruck services revenue experienced a decline of 10%, indicating challenges in that segment [3] - Pony AI operates in the autonomous mobility business across China, the US, and internationally, highlighting its broad market engagement [4]
Citi Initiates Pony AI (PONY) at $29 PT Amid Robotaxi Inflection Point