10 Best Asian Stocks with Huge Upside Potential

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6. Pony AI Inc. (NASDAQ:PONY)

On May 26, 2026, Macquarie analyst Eugene Hsiao lowered the firm’s price target on Pony AI Inc. (NASDAQ:PONY) to $24 from $25 and maintained an Outperform rating on the shares. Hsiao said the company’s Q1 revenue beat Macquarie’s estimate and Bloomberg consensus by roughly 60%, supported by 400% robotaxi service revenue growth and strong domain controller product sales for logistics vehicles. Macquarie raised its 2026 robotaxi fleet forecast, though the lower price target reflected higher operating expenses.

Also on May 26, Pony AI Inc. (NASDAQ:PONY) reported Q1 adjusted EPS of (9c), compared to (8c) last year. Revenue totaled $34.3M, up from $14M last year. Chairman and CEO James Peng said robotaxi fare-charging revenue increased more than five-fold year-over-year, supported by fleet scale, technology, operations, and user experience. Pony AI Inc. (NASDAQ:PONY) said it now expects to end 2026 with a robotaxi fleet exceeding 3,500 vehicles deployed in more than 20 cities worldwide. The company also expects robotaxi revenue to reach more than 3.5 times the amount recorded in 2025.

Pony AI Inc. (NASDAQ:PONY) operates in the autonomous mobility business in the People’s Republic of China and internationally.

While we acknowledge the potential of PONY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PONY and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Asian Stocks with Huge Upside Potential.

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