Goldman Sachs is positive about the fast-growing autonomous driving company Pony AI. Analyst Allen Chang reiterated his buy rating on Robotaxi stock, increasing his 12-month target from $19.60 to $22.50, meaning the stock may earn compared to Wednesday’s closing price About 22%. Zhang said Xiaoma AI, headquartered in Guangzhou, China, has been increasing its robot expansion. Analysts said the company gained co-identification qualifications in China’s Greater Bay area last December, mitigating the path to cross-city operational eligibility. The company started driverless testing on highways in Beijing last month and announced its services at Hong Kong International Airport. Chang wrote in the notes: “In view of the strong (research and development), early enablers in obtaining Robotaxi licenses in Level 1 cities and ecosystems/partners in the industry to reduce vehicle costs and customer acquisition costs, we are on the Pony AI has a positive. “Wednesday. According to FactSet data, Nasdaq Pony AI’s U.S. deposited revenue was about 22% ahead of 2025 after falling 17% in 2024. Pony AI was released in late November 2024 in an initial public offering led by Goldman Sachs. Pony 1d Mountain Pony AI Thursday Stock – CNBC’s Michael Bloom contributed to the report.
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