Pony AI (NASDAQ:PONY) Releases Earnings Results, Beats Estimates By $0.03 EPS

Pony AI (NASDAQ:PONY) issued its earnings results on Tuesday. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.03, FiscalAI reports. Pony AI had a negative return on equity of 19.18% and a negative net margin of 128.22%.The company had revenue of $34.25 million for the quarter, compared to analysts’ expectations of $22.30 million.

Here are the key takeaways from Pony AI’s conference call:

• Q1 revenue surged 145% year over year to a record $34.3 million, driven by strong robotaxi and intelligent solutions growth. Management said robotaxi revenue nearly quadrupled, with fare-charging revenue up 456%.
• Robotaxi demand and scale continued to accelerate, with the fleet surpassing 1,700 vehicles, registered users up more than 200% in China, and weekly average paid orders in May up over 100% from the start of the year.
• The company raised full-year targets, now aiming to exceed 3,500 robotaxi vehicles, grow robotaxi revenue to more than 3.5x 2025 levels, and expand to over 20 cities globally.
• International commercialization is gaining traction, including Europe’s first commercial robotaxi service in Zagreb and continued expansion in Qatar, Singapore, South Korea, and Dubai. Management said the dual-engine China-plus-overseas strategy is starting to contribute meaningful revenue.
• Losses narrowed on a margin basis as revenue growth outpaced spending, but the company still posted a net loss of $53.5 million and operating cash outflow remained elevated due to receivables growth and investment in production and infrastructure.

Pony AI Price Performance

Shares of Pony AI stock opened at $9.74 on Thursday. Pony AI has a 1 year low of $7.99 and a 1 year high of $24.92. The firm has a market cap of $3.75 billion, a PE ratio of -27.05 and a beta of 4.10. The stock has a fifty day moving average price of $9.83 and a 200-day moving average price of $12.75.

Analysts Set New Price Targets

Several equities analysts have weighed in on PONY shares. Barclays dropped their price objective on Pony AI from $15.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Monday, March 30th. Zacks Research upgraded Pony AI from a “strong sell” rating to a “hold” rating in a research note on Monday. Wall Street Zen cut Pony AI from a “hold” rating to a “sell” rating in a research note on Sunday, April 26th. The Goldman Sachs Group set a $30.00 price objective on Pony AI in a research note on Thursday, April 16th. Finally, HSBC started coverage on Pony AI in a research note on Tuesday, March 31st. They set a “buy” rating and a $16.60 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.95.

Key Headlines Impacting Pony AI

Here are the key news stories impacting Pony AI this week:

• Positive Sentiment: Pony AI reported Q1 2026 revenue of about $34.3 million, up 145% year over year and well above estimates, while EPS of roughly -$0.09 to -$0.12 also came in slightly better than expected. Article Title
• Positive Sentiment: The company said robotaxi revenue continued to grow and it is expanding fleet deployment, which supports the long-term commercialization story for its autonomous driving business. Article Title
• Positive Sentiment: Management raised full-year robotaxi revenue guidance and fleet targets, signaling confidence that growth can continue beyond the quarter. Article Title
• Positive Sentiment: Zacks Research upgraded Pony AI from “strong sell” to “hold,” which may help sentiment even though it is not a bullish call. Article Title
• Neutral Sentiment: One note said the stock’s technical momentum weakened and that a price-target cut from Macquarie offset some of the earnings optimism. Article Title
• Negative Sentiment: Despite strong growth, Pony AI remains deeply unprofitable with negative margins and losses, so investors may stay cautious about the path to sustained earnings. Article Title

Institutional Investors Weigh In On Pony AI

Several large investors have recently made changes to their positions in PONY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Pony AI during the 3rd quarter valued at $89,174,000. Tiger Global Management LLC increased its position in shares of Pony AI by 683.8% during the 4th quarter. Tiger Global Management LLC now owns 2,900,000 shares of the company’s stock valued at $42,050,000 after purchasing an additional 2,530,000 shares during the last quarter. FIL Ltd increased its position in shares of Pony AI by 466.9% during the 4th quarter. FIL Ltd now owns 2,284,012 shares of the company’s stock valued at $33,118,000 after purchasing an additional 1,881,128 shares during the last quarter. Marshall Wace LLP increased its position in shares of Pony AI by 239.6% during the 4th quarter. Marshall Wace LLP now owns 2,502,711 shares of the company’s stock valued at $36,289,000 after purchasing an additional 1,765,718 shares during the last quarter. Finally, Bamco Inc. NY purchased a new stake in shares of Pony AI during the 2nd quarter valued at $22,230,000.

Pony AI Company Profile

Pony.ai develops autonomous driving technologies for passenger and goods transportation. The company offers an end-to-end self-driving stack that combines perception, planning and control systems with proprietary hardware and software. Pony.ai’s solutions support robotaxi services and advanced driver-assistance system (ADAS) deployments across urban and suburban environments.

Founded in late 2016 by James Peng and Sean Gong, Pony.ai operates research and development centers in Fremont, California, as well as in Guangzhou and Beijing, China.