Pony AI Inc. (NASDAQ:PONY) shares are trading higher in the premarket session on Friday as the company outlined new steps to advance the commercialization of its Level 4 autonomous driving technology.
Lower Robotaxi Costs to Drive Commercialization
The company said it expects the total cost of its 2027 Robotaxi in China, including the vehicle and autonomous driving kit, to fall below RMB 230,000 (~$33,700), driven by a 70% reduction in bill-of-materials costs for its Gen-7 system.
Fleet Expansion and Strategic Partnerships
Pony.ai has expanded its Robotaxi fleet from 270 to more than 1,400 vehicles and achieved unit economics breakeven in two major Southern China hubs. Its registered user base has surpassed 1 million.
The company plans to scale its fleet to over 3,000 vehicles by year-end and expand operations to 20 global cities, including more than 1,000 units overseas.
In partnership with Toyota, Pony.ai's Gen-7 bZ4X Robotaxi has secured an on-road testing permit in Guangzhou, with plans to deploy 1,000 vehicles across major Chinese cities this year.
New Products and AI Advancements
The company also unveiled a fully redundant L4 autonomous electric light-duty truck developed with CATL for urban logistics.
The vehicle offers 18 cubic meters of cargo capacity, a 320–450 km range, and is expected to reduce freight costs per kilometer by 40% to 50%, with a designed service life of 600,000 kilometers.
Pony.ai introduced PonyWorld 2.0, an upgraded world model designed to improve training efficiency by better leveraging data and strengthening a closed-loop system for autonomous driving development.
PONY Technical Analysis: Trend, Momentum And Key Levels
Pony AI is trading within its 52-week range, with a high of $24.92 and a low of $4.54. The stock is 4.9% above its 20-day simple moving average, indicating a positive short-term trend.
It remains 10.5% below its 50-day simple moving average, signaling some intermediate-term weakness.
The relative strength index (RSI) stands at 45.81, indicating neutral conditions with the stock neither overbought nor oversold. The moving average convergence divergence (MACD) remains above its signal line, indicating bullish momentum.
- Key Resistance: $11.50 — A level where selling pressure may emerge.
- Key Support: $9.50 — A potential area for buyers to step in.
PONY Earnings Preview And Analyst Price Targets
Pony AI is slated to provide its next financial update on May 19, 2026 (estimated).
- EPS Estimate: Loss of 13 cents (Down from Loss of 10 cents)
- Revenue Estimate: $21.96 million (Up from $13.98 million)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $20.02. Recent analyst moves include:
- HSBC: Initiated with Buy (Target $16.60) (Mar. 31)
- Barclays: Equal-Weight (Lowers Target to $10.00) (Mar. 30)
- Barclays: Initiated with Equal-Weight (Target $15.00) (Dec. 17, 2025)
PONY Stock Price Activity: Pony AI shares were trading 2.29% higher at $10.48 in the premarket session on Friday, according to Benzinga Pro data.
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