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Pony AI (PONY) Gets $16.60 Target in HSBC Buy Initiation

Pony AI Inc. (NASDAQ:PONY) is among the 13 Best Strong Buy AI Stocks to Invest In Now.

On March 31, 2026, HSBC initiated coverage on Pony AI Inc. (NASDAQ:PONY) with a Buy rating and a $16.60 price target, reflecting a more constructive outlook on the company’s growth trajectory. The initiation signals increasing confidence in Pony AI’s ability to commercialize autonomous driving technology and scale its robotaxi operations, marking a positive shift in analyst sentiment.

On March 30, Barclays analyst Jiong Shao lowered the firm’s price target on Pony AI Inc. (NASDAQ:PONY) to $10 from $15 while maintaining an Equal Weight rating, noting that the company continues to demonstrate solid execution despite an evolving business model. While the revised target reflects near-term uncertainties, the acknowledgment of operational progress suggests that Pony AI is making tangible strides toward commercialization, supporting its long-term growth potential.

Pony AI Inc. (NASDAQ:PONY) is an autonomous driving technology company specializing in its proprietary “Virtual Driver” system for robotaxis and autonomous logistics. Founded in 2016 and operating across China and the United States, the company represents a high-growth, speculative opportunity tied to the commercialization of driverless mobility solutions and the broader AI-driven transportation revolution.

While we acknowledge the potential of PONY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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While we acknowledge the risk and potential of PONY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PONY and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Lithium Stocks List: 9 Biggest Lithium Stocks and 10 Most Undervalued Tech Stocks to Buy According to Analysts.

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The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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