Pony AI (NASDAQ:PONY) Posts Earnings Results

Pony AI (NASDAQ:PONY) issued its quarterly earnings data on Tuesday. The company reported ($0.99) EPS for the quarter, Zacks reports.

Pony AI Trading Up 3.9 %

Pony AI stock opened at $13.21 on Tuesday. The company’s 50-day moving average price is $14.63. Pony AI has a fifty-two week low of $11.90 and a fifty-two week high of $23.88.

Analyst Upgrades and Downgrades

PONY has been the topic of several recent analyst reports. Bank of America began coverage on Pony AI in a research report on Monday, December 23rd. They set a “buy” rating and a $18.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Pony AI in a research report on Tuesday, January 14th. They issued a “buy” rating and a $20.00 price objective for the company. Finally, The Goldman Sachs Group began coverage on shares of Pony AI in a research report on Monday, December 23rd. They set a “buy” rating and a $19.60 target price on the stock.

About Pony AI

Pony AI Inc, through its subsidiaries, engages in the autonomous mobility principally in the People’s Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. Pony AI Inc is based in Guangzhou, the People’s Republic of China.