What's Going On With Pony AI Stock Thursday?
Pony AI Inc. (NASDAQ:PONY) stock rose Thursday, reflecting a strong market trend as the S&P 500 climbs 0.71%. This bullish momentum builds on the company’s announcement from early January, where Pony AI and BAIC BJEV significantly expanded their strategic alliance.
- Pony AI stock is showing exceptional strength. Why are PONY shares rallying?
The Catalyst
The stock’s impressive rise comes amid its inclusion in Cathie Wood-led ARK Invest's “Big Ideas 2026” report. ARK identifies Pony AI as a top-tier autonomous technology platform. Although no specific company announcements are driving this move, the overall market momentum appears to be lifting Pony AI’s shares.
Technical Analysis
Currently, Pony AI is trading 5.4% above its 20-day simple moving average (SMA) and 0.7% above its 100-day SMA, indicating short-term strength while maintaining a longer-term positive outlook. Over the past 12 months, shares have increased by 26.97% and are positioned closer to their 52-week highs than lows, reflecting a robust upward trend.
The RSI is at 49.09, which is considered neutral territory, suggesting that the stock is neither overbought nor oversold at this time. Meanwhile, MACD is below its signal line, indicating bearish pressure on the stock.
The combination of neutral RSI and bearish MACD suggests mixed momentum, indicating that while the stock is not in a strong trend, it is also not showing signs of weakness.
- Key Resistance: $17.50
- Key Support: $14.00
With the stock’s position above key moving averages and its solid 12-month performance, traders should watch for potential breakouts above resistance levels. The current technical setup indicates that maintaining above the support level will be crucial for sustaining upward momentum.
Earnings & Analyst Outlook
Investors are looking ahead to the company’s next earnings report on Mar. 24.
EPS Estimate: Loss of $0.20 (Improvement from Loss of $0.31 YoY)
Revenue Estimate: $23.69 Million (Decrease from $35.52 Million YoY)
Analyst Consensus: Buy Rating ($22.36 Avg Price Target)
Benzinga Edge Rankings
Below is the Benzinga Edge scorecard for Pony AI Inc. American Depositary Shares, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Bullish (Score: 60.7) — Stock is showing positive short-term trends.
The Verdict: Pony AI Inc. American Depositary Shares’ Benzinga Edge signal reveals a stock that is currently experiencing bullish momentum, but with caution as it approaches key resistance levels. Investors should remain vigilant, as the stock’s technical indicators suggest a need for careful monitoring of price action in the coming days.
Top ETF Exposure
- SPDR S&P Kensho Smart Mobility ETF (NYSE:HAIL): 2.34% Weight
Significance: Because PONY carries meaningful weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
Price Action
PONY Price Action: Pony AI shares were up 8.48% at $17.01 at the time of publication on Thursday, according to Benzinga Pro data.
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