Aurora Innovation, Inc. (NASDAQ:AUR) is one of the 110 Best Growth Stocks to Buy With Huge Upside Potential. On May 15, George Gianarikas from Canaccord Genuity maintained a Buy rating on Aurora Innovation, Inc. (NASDAQ:AUR) with a price target of $15.
The analyst highlighted Aurora Innovation, Inc. (NASDAQ:AUR)’s advanced approach to Level 4 autonomy through its hybrid system called the Aurora Driver. The system integrates AI, machine learning, and a sophisticated sensor suite. Gianarikas noted that the system is supported by over 1,450 issued and pending patents, showcasing strong intellectual property and innovation.
A closeup of a self-driving hardware unit inside the dashboard of a passenger vehicle.
The analyst also likes the company’s leadership, which includes co-founder Sterling Anderson, who has a notable background from Tesla’s Autopilot program and MIT robotics. Gianarikas sees this as a significant asset that enhances his confidence in Aurora Innovation, Inc. (NASDAQ:AUR)’s strategic direction.
Aurora Innovation, Inc. (NASDAQ:AUR) develops the Aurora Driver, an advanced self-driving technology platform that can be integrated into various vehicle types, including passenger cars, light commercial vehicles, and Class 8 trucks.
While we acknowledge the potential of AUR 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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Disclosure: None. This article is originally published at Insider Monkey.
