Pony AI Inc

PONY

Market cap $7.13B

Cathie Wood bought shares of Taiwan Semiconductor, Oklo, and Pony AI on Friday. Growth is slowing at TSMC, but its high-margin business model deserves a market premium.

Pony AI is a compelling "buy the dip" opportunity, with shares down ~30% from recent highs despite robust operational progress. PONY's dual listing in Hong Kong raised $800 million, boosting liquidity to nearly $1.4 billion and securing years of runway at current burn rates. Rapid BOM cost reductions and 90% y/y robotaxi revenue growth are driving gross margin expansion, now at 18.4%, with further scale in sight.

BEIJING, Jan. 10, 2026 /PRNewswire/ -- Pony.ai, a global leader in achieving large-scale mass production and commercialization of autonomous driving, and BAIC BJEV, the electric vehicle development and manufacturing arm of BAIC Group, today announced a comprehensive upgrade to their strategic partnership. The two companies will deepen cooperation across the autonomous driving value chain to accelerate the mass production, commercialization, and global deployment of high-level autonomous driving solutions.

Here is how Pony AI Inc. - Sponsored ADR (PONY) and Star Bulk Carriers (SBLK) have performed compared to their sector so far this year.

Sold 1,031,880 shares of Pony AI Inc; estimated trade size $23.21 million based on quarterly average pricing Quarter-end position value decreased by $-23.21 million, reflecting the total valuation change including stock price movements Post-trade stake: 0 shares, valued at $0 The position was previously 5.9% of the fund's AUM as of the prior quarter These 10 Stocks Could Mint the Next Wave of Millionaires ›

Even after a share price drop, SoundHound AI is trading at an expensive 30 times sales. BigBear.ai's revenue has been shrinking, and its margins are very low for the sector.

Pony AI is scaling its Virtual Driver autonomous system across robotaxi, robotruck, and licensing segments, leveraging proprietary simulation and AI technology. Gen-7 robotaxis, built with major OEMs, are 70% cheaper to manufacture than prior models, with further 20% cost reductions expected for 2026 vehicles. Fleet expansion partnerships with Xihu Group and Sunlight Mobility enable rapid growth while supporting an asset-light, high-margin model.

The mean of analysts' price targets for Pony AI Inc. - Sponsored ADR (PONY) points to a 70.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Pony AI (PONY +0.28%) is emerging as one of the most exciting plays in autonomous driving, with soaring revenue, expanded approvals for robotaxis, and a fast-growing fleet. Analysts see more than 150 percent upside as the company scales across China and the U.S., making today's price a potentially rare entry point for long-term investors.

Pony AI Inc. (PONY) reported 3Q25 revenue of $25.44M, up 72% YoY, driven by strong Robotaxi and Licensing & Applications growth. PONY's Robotaxi segment saw fare-charging rides surge 200%+, with Licensing & Applications revenue up 354%, boosting gross margin to 18.4%. Management targets 1,000 vehicles by year-end and 3,000 by 2026, supporting a forecast of 2-3x revenue growth over two years.