Apr. 17 at 12:41 AM
$PONY Pony AI H-shares initiated with a Buy at Goldman Sachs
Goldman Sachs initiated coverage of Hong Kong-listed Pony AI with a Buy rating and HK
$234 price target while also keeping the firm's ADR at Buy with a
$30 price target. The firm is forecasting Pony AI revenues to grow at 100% CAGR in 2025-30, driven by Robotaxi fleet expansion and vehicle deployments supporting accelerated commercialization, expansion to over cities across China and overseas markets by 2026-end, and the in-house PonyWorld 2.0 model with a self-improving engine, enhancing its Robotaxi capabilities, the analyst tells investors in a research note.