Pony AI Stock Soars 19.09% on Uber Partnership, Q1 Revenue Growth

Pony AI Inc. (NASDAQ:PONY) shares surged 19.09% today, reaching their highest level since February 2025, with an intraday gain of 23.71%.

The strategy of buying PONY shares after they reach a recent high and holding for one week resulted in a 122.07% return over the past five years, significantly outperforming the benchmark with a 127.09% excess return. However, the strategy had a maximum drawdown of -71.15% and a Sharpe ratio of 2.99, indicating moderate risk and returns.

Pony AI's stock has been on a strong upward trajectory, driven by several strategic initiatives and partnerships. The company's decision to extend its voluntary lock-up period has instilled confidence among investors, contributing to a significant increase in stock price from $4 to nearly $20. This move, coupled with the announcement of a groundbreaking autonomous vehicle partnership with Uber, has ignited excitement in the market, leading to an 11.19 percent increase in Pony AI's stock. The collaboration with Uber is expected to further boost Pony AI's market presence and technological advancements.

In addition to strategic partnerships, Pony AI's financial performance has also been a key driver of its stock price. The company reported a 12% year-on-year increase in Q1 2025 revenue, primarily driven by its Robotaxi business. This robust financial performance has positively impacted investor sentiment, further fueling the stock's upward momentum. The company's global expansion strategies have also played a significant role in its recent stock surge, with a 315% increase in a month. These factors collectively indicate a strong outlook for Pony AI, making it an attractive investment option for those looking to capitalize on the growing autonomous vehicle market.