Why Shares of Pony AI Stock Were Up More Than 100% Last Month

From Nasdaq: 2025-06-04 19:54:00

Pony AI stock (NASDAQ: PONY) surged 112% in May, valued at $4.67 billion with minimal sales and significant operating losses. The company focuses on self-driving technology in China and has partnerships with Uber and Tencent Holdings, boosting investor confidence in its potential.

Pony AI is working on autonomous vehicle technology for robotaxis and trucks, targeting urban markets in China like Shenzhen and Beijing. Despite low revenue and high R&D costs, the company has partnerships with Uber and Tencent Cloud, signaling growth potential in the self-driving sector.

Investing in Pony AI, with a market cap of $4.67 billion, may not be advisable due to its limited revenue and high-risk market. Consider Waymo, a subsidiary of Alphabet, which has a more established presence in the self-driving industry. Pony AI’s valuation may not align with its current financial performance, warranting caution for investors.

The Motley Fool’s Stock Advisor team has identified the 10 best stocks to buy now, excluding Pony AI. Their top stock picks have historically outperformed the market significantly, offering potential for high returns. Join Stock Advisor to access their latest recommendations and benefit from their market-beating performance.



Read more at Nasdaq: Why Shares of Pony AI Stock Were Up More Than 100% Last Month