Pony AI is a leading autonomous driving technology company, offering robotaxi, robotruck, and autonomous vehicle solutions globally. The company has permits for driverless services in major Chinese cities and completed 45 million kilometers of autonomous testing. Its stock has seen significant growth and volatility, with Q2 2025 revenue at $21.5 million, a 76% YoY increase.

Despite a net loss of $53.1 million, Pony AI’s Q2 saw positive gross margins and increased production scale. The company aims for double-digit revenue and fleet growth in 2025, targeting breakeven in 2026. Jefferies initiated coverage with a “Buy” rating and $32.80 price target, citing Pony AI’s regulatory leadership and technology stack.

Jefferies projects Pony AI to capture a 30% share of China’s robotaxi market, pointing to partnerships with major industry players like Toyota and integrations with digital platforms. The company holds a consensus “Strong Buy” rating with a mean price target of $24.06, indicating a 14% upside potential from the current market rate.

Read more at Yahoo Finance: Jefferies Says This 1 Robotaxi Stock Will Be a ‘Long-Term Winner’