Pony AI (NASDAQ:PONY – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported ($0.99) earnings per share (EPS) for the quarter, Zacks reports.
Pony AI Trading Up 3.9 %
Shares of Pony AI stock opened at $13.21 on Tuesday. Pony AI has a 1 year low of $11.90 and a 1 year high of $23.88. The business’s 50-day simple moving average is $14.63.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on PONY shares. Bank of America initiated coverage on shares of Pony AI in a report on Monday, December 23rd. They issued a “buy” rating and a $18.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Pony AI in a research report on Tuesday, January 14th. They set a “buy” rating and a $20.00 target price on the stock. Finally, The Goldman Sachs Group assumed coverage on Pony AI in a report on Monday, December 23rd. They issued a “buy” rating and a $19.60 price target for the company.
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.
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