PONY AI Inc. and Mowasalat Launch Robotaxi Service on Doha's Public Roads
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: Sep 05 2025
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Source: Newsfilter
Partnership Announcement: Pony AI Inc. has partnered with Mowasalat, Qatar's largest transportation provider, to deploy autonomous vehicles in Qatar, marking a significant step in their vision of widespread autonomous mobility.
Testing Phase: The initial phase of the partnership involves testing Pony.ai's Robotaxis on public roads in Doha, focusing on adapting their technology to Qatar's unique driving conditions, with safety operators onboard during trials.
Alignment with National Vision: This collaboration supports Qatar National Vision 2030, aiming to enhance transportation efficiency and safety while contributing to sustainable development in the region.
Global Expansion: Pony.ai is expanding its global presence through this partnership, leveraging Mowasalat's local expertise to create scalable autonomous driving solutions tailored to the Middle East's infrastructure and environment.
PONY.O$0.0000%Past 6 months

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Analyst Views on PONY
Wall Street analysts forecast PONY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PONY is 29.53 USD with a low forecast of 24.50 USD and a high forecast of 32.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast PONY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PONY is 29.53 USD with a low forecast of 24.50 USD and a high forecast of 32.80 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 15.170

Current: 15.170

Citi lowered the firm's price target on Pony AI to $24.50 from $29 and keeps a Buy rating on the shares. The firm cites share dilution from the company's Hong Kong listing for the target cut.
Citi analyst Jeff Chung initiated coverage of Pony AI with a Buy rating and $29 price target. The firm believes the robotaxi sector is at an "inflection point." Citi is positive on the robotaxi market in China, expecting the penetration to grow from 0.1% in 2025 to 9.0% in 2030 and 30% in 2035. The firm rolled out coverage of China's largest robotaxi operators, Pony AI and WeRide, with Buys.
downgrade
$21 -> $20
Reason
BofA lowered the firm's price target on Pony AI to $20 from $21 and keeps a Buy rating on the shares after the company reported Q2 results. Management commented that its strong Robotaxi fare-charging revenue growth in Q2 has been driven by enlarged fleet size, extension of user adoption - its registered users grew 136% year-over-year in Q2, attractive pricing strategy; and enlarged operating areas in tier 1 cities. BofA remains bullish as it believes Pony will scale up its Robotaxi fleet size and see improving profitability, given better economies of scale and unit profitability.
UBS analyst Paul Gong initiated coverage of Pony AI with a Buy rating and $20 price target, which implies 53% upside from current levels. Pony is best positioned for China's robotaxi commercialization, the analyst tells investors in a research note. The firm says Pony is the only robotaxi company to start commercial fee-charging and driverless operations in all four tier one cities in China. Following test drives, UBS is impressed with the company's ability to handle complicated road situations without human help. It forecasts annual sales growth of 96% through 2030 for Pony.
About PONY
Pony AI Inc is a holding company primarily engaged in the commercialization of autonomous driving technology. The Company mainly provides three services. The Robotaxis services provide online car-hailing services to individual passengers through autonomous driving taxis and offer engineering solutions for autonomous driving taxis. The engineering solution service projects typically involve a combination of software development, system integration, hardware components and related services. The Robotrucks services mainly engage in selling virtual driver solutions and providing freight services. The licensing and applications mainly provide intelligent travel solutions composed of software licenses, hardware and data analysis tools.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.