15 Best AI Stocks Under $10 to Buy Now

7. Pony AI Inc (NASDAQ:PONY)

Stock Price: $7.94

Number of Hedge Fund Holders: 23

Stock Upside Potential: 150.88%

Pony AI Inc (NASDAQ:PONY) is one of the best AI stocks under $10 to buy now. The Street projects 150% upside for the stock from the current price. Some 23 hedge funds are backing Pony AI stock.

On June 11, BofA Securities reaffirmed a Buy rating on Pony AI Inc (NASDAQ:PONY) stock with a price target of $19. The brokerage cited the strength of the company’s autonomous driving system and the expansion of the robotaxi service.

On the technology capability, BofA Securities noted that Pony has built a system that enables self-driving vehicles to operate in very challenging conditions, including heavy vehicle flow, crowded pedestrian traffic, and dense office buildings.

Regarding the robotaxi service, BofA Securities expects Pony to see improving profitability from economies of scale as the fleet expands. Pony aims to expand its robotaxi fleet to 3,500 vehicles by the end of 2026 and launch the service in more than 20 cities around the world. In its international expansion drive, Pony has launched the robotaxi service in Croatia and is running trials in Singapore, South Korea, and the UAE.

In Q1 2026, Pony’s robotaxi revenue increased 395.4% year-over-year to $8.6 million. The robotruck services revenue rose 31% to $10.2 million.

Pony AI Inc (NASDAQ:PONY) develops AI-powered software for autonomous vehicles. It focuses on offering safe and reliable autonomous driving systems. Its technology is designed to enable vehicles to navigate complex urban environments without human intervention. The company also runs a robotaxi business.