NEW YORK, Dec. 28, 2025, 6:31 a.m. ET — Market closed (weekend)
Pony AI Inc. (NASDAQ: PONY) heads into the final trading week of 2025 with investors debating a familiar question in the robotaxi universe: is the latest pullback a routine volatility shakeout—or a warning flare for a still-early public company priced on big future expectations?
With U.S. stock markets closed Sunday and no regular-session trading until Monday morning, the clearest near-term reference point is Friday’s close: PONY ended the Dec. 26 session at $14.96, down 4.59% on the day. [1]
Over the last 24–48 hours, the headlines around Pony have been less about new corporate announcements and more about price action and Wall Street’s evolving coverage—including a renewed focus on how widely analyst targets vary for the stock. [2]
Where PONY stock stands going into Monday
Friday’s tape captured the kind of intraday swing that keeps autonomous-driving names on traders’ screens:
- Open: $15.48
- High: $15.50
- Low: $14.21
- Close: $14.96
- Volume: ~6.52 million shares [3]
That $14.21 low is a level many short-term traders will treat as immediate technical “support” (a price area where buyers previously stepped in). Meanwhile, several market summaries point out the stock has been oscillating around key moving averages, which often act like psychological “speed bumps” for momentum-driven trading. MarketBeat, for example, cited a 50-day moving average around $15.35 and a 200-day moving average around $15.56 in its recent coverage. [4]
PONY’s 52-week range has also been notably wide—roughly $4.11 to $24.92—a reminder that this remains a high-volatility equity where position sizing matters as much as conviction. [5]
What’s driving the conversation in the past 24–48 hours
1) MarketBeat: “Shares down 6.2% — here’s why”
One of the most-circulated pieces in the last two days was MarketBeat’s recap of Friday’s slide. It emphasized the magnitude of the drop and highlighted how trading activity appeared lighter than typical at the time of publication, framing the move as a selloff happening without a clear single-company news catalyst. [6]
The most practical takeaway for investors is simple: price can move fast even when the newsfeed is quiet, especially in newer, story-driven names.
2) MarketBeat: “Moderate Buy” consensus, but targets are all over the map
A second MarketBeat item circulating over the same 24–48 hour window leaned into the analyst angle: a “Moderate Buy” consensus among the firms tracked by MarketBeat, alongside sharply different price targets and rating stances. [7]
MarketBeat noted a mix of bullish and cautious signals, including:
- Barclays initiating with Equal Weight and a $15 target (near where PONY has recently traded)
- Jefferies initiating with a Buy
- Macquarie initiating with an Outperform and a $29 target (a far more aggressive upside case) [8]
This split matters because it suggests the street is still in the “model-building” phase—trying to determine what Pony’s robotaxi economics and commercialization timeline should look like in a public-market framework.
3) Nasdaq / Motley Fool: a cautionary take for conservative portfolios
In a widely syndicated Nasdaq-hosted column from The Motley Fool, writer John Bromels flagged Pony.ai as one of several AI stocks he would avoid for retirement-style portfolios, largely due to the uncertainties that come with a relatively new public company and the importance of upcoming financial reporting in validating the narrative. [9]
Even if you disagree with the conclusion, it’s a useful signal about sentiment: PONY is still being categorized by many mainstream commentators as “high risk / high upside.”
Analyst forecasts: what Wall Street thinks PONY could be worth
If you’re looking for a single clean “consensus” price target, you’ll quickly run into a problem: different data providers show different analyst sets, which can change the displayed average.
Here’s how it looks across several widely followed platforms:
- MarketBeat: average target $21.70 (with a “Moderate Buy” consensus among the analysts it tracks) [10]
- Investing.com: average $24.10, high $32.80, low $15.00; “Strong Buy” overall rating shown [11]
- TipRanks (U.S. listing): shows an average target around $26.52 and a “Strong Buy” consensus on its summary page [12]
- Nasdaq / Fintel syndication (Dec. 15 report): cited an average one-year target of $23.78, with a $15.40 to $34.44 range [13]
At Friday’s close of $14.96, even the more conservative averages imply meaningful upside—while the low-end targets cluster close to current trading levels, effectively saying: “show us the fundamentals before we pay up.” [14]
The fundamental backdrop: growth signals, commercialization pressure
Pony.ai’s investment story is ultimately a commercialization story: turning autonomous-driving capability into repeatable unit economics at scale.
In its most recent detailed earnings release (Q3 2025, reported in late November), the company described:
- Total Q3 revenue of $25.4 million, up 72% year over year
- Robotaxi revenue of $6.7 million (up 89.5% YoY)
- Licensing revenue of $8.6 million (up 354.6% YoY) [15]
The same release included commentary from CEO Dr. James Peng about the company’s Hong Kong dual primary listing and the rollout of its Gen-7 Robotaxi across major Chinese tier-one cities—key parts of the scale-up narrative. [16]
Why this matters for the stock right now: when a company is still loss-making (as many in the robotaxi category are), public markets tend to reward clear proof of improving unit economics and punish any sign of slower commercialization. That sets up an environment where the stock can react sharply to incremental data points—whether they come from earnings, guidance, partnerships, permits, or even competitor moves.
Market context: what investors should watch before the next session
With U.S. equities closed Sunday, the next actionable window is Monday’s trading day. According to Nasdaq’s published schedule, regular trading runs 9:30 a.m. to 4:00 p.m. ET, with pre-market from 4:00 a.m. to 9:30 a.m. ET and after-hours from 4:00 p.m. to 8:00 p.m. ET (broker availability can vary). [17]
A holiday-shortened macro week could amplify moves
Market attention will also be split by the calendar: New Year’s week is holiday-shortened (markets closed Thursday for New Year’s Day), and the slate of macro releases can influence risk appetite—especially for high-beta tech and AI-adjacent names like PONY. Investopedia’s week-ahead preview highlighted:
- Pending home sales (Monday)
- S&P Case-Shiller home price index (Tuesday)
- Minutes from the December FOMC meeting (Tuesday)
- Weekly jobless claims (Wednesday) [18]
For a stock like PONY, the transmission mechanism is usually indirect: rate expectations and “risk-on/risk-off” mood can change how much investors are willing to pay for long-duration growth stories.
Earnings date: not universally “confirmed,” and calendars disagree
One point of confusion that pops up often in weekend research: the next earnings date.
- Nasdaq’s own earnings page for PONY currently indicates that earnings date data is not available on its interface. [19]
- Third-party calendars vary: MarketScreener lists a projected Q4 2025 earnings release date of March 30, 2026. [20]
- Another calendar (StockInvest) states the report is “scheduled” for March 24, 2026 before the markets open, though investors should treat third-party scheduling language cautiously until the company posts an official announcement. [21]
- For Pony’s Hong Kong listing (HKEX: 2026), TipRanks shows a confirmed report date of March 31, 2026 (Before Open) for the period ending 2025 Q4. [22]
The investor move here is pragmatic: set alerts, but don’t trade as if the date is locked unless it’s confirmed by the company or a primary exchange notice.
A practical checklist before Monday’s open for PONY stock watchers
Going into the next session, here’s what tends to matter most for a volatile, story-driven name like Pony AI:
- Watch pre-market liquidity, not just price. Thin pre-market prints can exaggerate moves—especially after a sharp Friday decline. [23]
- Track whether PONY reclaims the ~$15.35–$15.56 zone cited around the 50-day/200-day moving averages; failure there can act like a lid, while a clean move above can pull in momentum traders. [24]
- Separate “rating headlines” from “new fundamentals.” The last 48 hours of coverage has been heavy on analyst-summary pieces and light on new corporate disclosures—useful context, but not the same as fresh financial or operational data. [25]
- Know your time horizon. Commentary like the Motley Fool/Nasdaq column underscores that many observers still view PONY as inappropriate for conservative portfolios—less because of what Pony is doing, and more because the path to durable profitability in robotaxis is still being proven. [26]
Bottom line
Pony AI stock enters the Monday session with momentum cooled by Friday’s selloff—but with analyst targets still implying significant upside if commercialization milestones keep landing. In the very near term, the tape may be driven more by positioning, liquidity, and macro mood than by company-specific headlines. Over the medium term, the stock’s direction is likely to hinge on whether Pony can keep turning robotaxi scale-up into numbers the market trusts.
Investors heading into the next session should treat PONY as what it currently is: a high-volatility bet on autonomous mobility commercialization, where “consensus” on valuation exists mostly in the form of a wide target range—and where the next hard catalyst (earnings timing included) is still not uniformly pinned down across platforms. [27]
References
1. stockanalysis.com, 2. www.marketbeat.com, 3. stockanalysis.com, 4. www.marketbeat.com, 5. www.marketbeat.com, 6. www.marketbeat.com, 7. www.marketbeat.com, 8. www.marketbeat.com, 9. www.nasdaq.com, 10. www.marketbeat.com, 11. www.investing.com, 12. www.tipranks.com, 13. www.nasdaq.com, 14. www.nasdaq.com, 15. www.stocktitan.net, 16. www.stocktitan.net, 17. www.nasdaq.com, 18. www.investopedia.com, 19. www.nasdaq.com, 20. www.marketscreener.com, 21. stockinvest.us, 22. www.tipranks.com, 23. www.nasdaq.com, 24. www.marketbeat.com, 25. www.marketbeat.com, 26. www.nasdaq.com, 27. www.marketbeat.com
