Analysts See Long-Term Robotaxi Upside for Pony AI (PONY) Despite Near-Term Risks

Pony AI Inc. (NASDAQ:PONY) is one of the AI Stocks in the Spotlight for Investors. On December 16, Barclays analyst Jiong Shao initiated coverage of the stock with an Equal Weight rating and $15 price target. According to the firm, robotaxi technologies are mostly ready in China and there is a viable business model for them. While challenges facing the industry cannot be overlooked, the future potential of PONY AI lies in robo, not in taxi. A day earlier, Macquarie initiated coverage on the stock with an ...