In this article, we will discuss: 12 Best Autonomous Driving Stocks to Buy Right Now.
According to WardsAuto on February 6, 2026, executives at CES 2026 in Las Vegas stated that automated driving had regained industry focus in early 2026 as advancements in artificial intelligence sparked investment. Since financing shifted to battery-electric vehicles and development issues surfaced, demand has slowed. Capital has returned to advanced driver-assistance systems as the demand for electricity in the United States has decreased. A semiconductor and wireless technology company, Qualcomm’s Rajat Sagar, stated that automakers clearly benefit consumers, while PricewaterhouseCoopers expert C.J. Finn stated that improved automation provides short-term jumps in market share. Based on research reported by AutoPacific, 43% of American consumers choose hands-off highway systems, a 20-point increase from the previous year.
Executives claim that lower costs and more detailed data are hastening deployment. As stated by a location technology and navigation firm, TomTom, artificial intelligence makes it possible to map 470,000 miles every day. On the other hand, autonomous driving technologies and the driver assistance company, Mobileye, reported gathering 32 billion miles of driving data.
With that said, here are the 12 Best Autonomous Driving Stocks to Buy Right Now.
Our Methodology
We sifted through the online rankings to form an initial list of the 20 Best Autonomous Driving Stocks to Buy Right Now. From the resultant dataset, we chose the 12 Best Autonomous Driving Stocks with the highest number of hedge fund holders for each stock using Insider Monkey’s database of hedge funds as of Q3 2025. We also considered the analysts’ upside potential as of January 31. Finally, we ranked these stocks in ascending order based on hedge funds.
Note: Not every company included in the list is solely focused on self-driving technology. Some of the stocks highlighted below are indirectly involved by investing in businesses that specialize in autonomous driving.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
12. AEye, Inc. (NASDAQ:LIDR)
Number of Hedge Fund Holders: 2
Analysts’ Upside Potential as of January 31: 265.85%
AEye, Inc. (NASDAQ:LIDR) is among the Best Autonomous Driving Stocks.
AEye, Inc. (NASDAQ:LIDR) and Vueron established a strategic agreement on January 14, 2026, to include Vueron’s real-time 3D perception software in the firm’s OPTIS ecosystem. OPTIS is now a full-stack 3D visual awareness system that can provide real-time detection and analysis for applications in the automotive, infrastructure, transportation, and safety areas due to the agreement. The alliance was finalized at CES 2026, when AEye, Inc. (NASDAQ:LIDR) CEO Matt Fisch and Vueron CEO Joseph Kim signed the deal.
The partnership combines Vueron’s dynamic perception technology with AEye, Inc. (NASDAQ:LIDR)’s Apollo lidar, which can detect objects up to one kilometer away. According to both companies, the collaboration expands OPTIS deployment across multiple industries by providing scalable, long-range sensing solutions for critical infrastructure and moving vehicles.
In the most recent quarter, the company grew its customer base, which drove growth in rapidly expanding areas. Furthermore, it obtained strategic funding to greatly increase Apollo’s production capacity.
AEye, Inc. (NASDAQ:LIDR). provides high-performance, active lidar systems for automotive autonomy, advanced driver assistance systems, and robotic vision applications
11. Innoviz Technologies Ltd. (NASDAQ:INVZ)
Number of Hedge Fund Holders: 13
Analysts’ Upside Potential as of January 31: 104.08%
Innoviz Technologies Ltd. (NASDAQ:INVZ) is among the Best Autonomous Driving Stocks.
TheFly reported on January 7, 2026, that Innoviz Technologies Ltd. (NASDAQ:INVZ) and Vueron Technology, a provider of AI-driven LiDAR perception technologies, have partnered. According to the deal, Vueron’s VueX AI development platform incorporates LiDAR data from InnovizTwo and InnovizSMART. The integration enables automotive manufacturers and smart infrastructure providers to speed up perception development through automated data annotation, training, and validation. The collaboration aims to accelerate development workflows through integrating Innoviz LiDAR sensors and Vueron’s AI software capabilities into a unified development environment.
Furthermore, Innoviz Technologies Ltd. (NASDAQ:INVZ) declared that its off-the-shelf LiDAR solution for smart applications, InnovizSMART, is now generally available. InnovizSMART has a high production capacity and fast lead times for orders.
In Q3 2025, sales were $15.3 million, while in Q3 2024, they were $4.5 million. The sales of LiDAR products and NRE services combined to generate the revenues. In Q3 2025, operating expenses were $18.1 million, a 30% drop from Q3 2024’s operating expenses of $26.0 million.
Innoviz Technologies Ltd. (NASDAQ:INVZ) develops and manufactures solid-state LiDAR sensors and perception software for the mass manufacturing of autonomous vehicles.
10. WeRide Inc. (NASDAQ:WRD)
Number of Hedge Fund Holders: 23
Analysts’ Upside Potential as of January 31: 84.14%
WeRide Inc. (NASDAQ:WRD) is among the Best Autonomous Driving Stocks.
Jeff Chung, an analyst at Citi, added a 90-day upward catalyst watch on WeRide Inc. (NASDAQ:WRD) on January 19, 2026, as per TheFly. It maintained a Buy rating and price target of $15.30. Citi anticipates potential upside from a Waymo financing round in the first quarter, with an estimated valuation of 280 times 2025 price-to-sales. Citi forecasts the firm’s worth at 34 times price-to-sales in 2025. Furthermore, the company anticipates that investor opinion around the corporation’s possible June inclusion in the Southbound Stock Connect will improve.
On January 28, 2026, WeRide Inc. (NASDAQ:WRD) revealed WeRide GENESIS1, a proprietary general-purpose simulation model, on TheFly. The technology links virtual and real-world settings by combining generative and physical AI. GENESIS uses generative AI to swiftly develop realistic virtual cities and recreate rare or extreme driving scenarios. The platform boosts performance in complicated scenarios, reduces iteration cycles during autonomous vehicle development projects, facilitates extensive autonomous vehicle training and validation, and feeds insights back into actual operations.
WeRide Inc. (NASDAQ:WRD) is an investment holding company. It sells autonomous driving vehicles, namely robobuses, roboaxis, robosweepers, and associated sensor suites.
9. Aurora Innovation, Inc. (NASDAQ:AUR)
Number of Hedge Fund Holders: 39
Analysts’ Upside Potential as of January 31: 81.15%
Aurora Innovation, Inc. (NASDAQ:AUR) is among the Best Autonomous Driving Stocks.
Aurora Innovation, Inc. (NASDAQ:AUR) is anticipated to report its first full year of recognized revenue following the start of commercial driverless operations in May 2025, based on February 3, 2026, research from Visible Alpha, a division of S&P Global Market Intelligence. According to the Visible Alpha consensus, sales in 2025 will be $3.6 million. The trucking division generates the majority of revenue, with a fleet of 15 vehicles expected by the end of the year. The estimated $348,500 in revenue per truck reflects a limited starting scale and an early stage of commercial distribution.
Revenue is expected to increase significantly to $3.1 billion by 2030, including $2.4 billion from transportation, based on consensus predictions. It is anticipated that as efficiency, uptime, and adoption improve, the truck fleet will grow to 12,248 vehicles, with revenue per truck rising to almost $3.5 million. A late 2026 commercial debut is anticipated for Aurora Innovation, Inc. (NASDAQ:AUR)’s autonomous ride-hailing technology, which is being developed utilizing Toyota Sienna minivans. Analysts predict that after the Aurora Driver system is integrated across service installations, revenue will climb from $1 million in 2026 to $984 million by 2030.
Aurora Innovation, Inc. (NASDAQ:AUR) designs and develops automotive software and hardware and offers data services.
8. Mobileye Global Inc. (NASDAQ:MBLY)
Number of Hedge Fund Holders: 43
Analysts’ Upside Potential as of January 31: 64.51%
Mobileye Global Inc. (NASDAQ:MBLY) is among the Best Autonomous Driving Stocks.
Mobileye Global Inc. (NASDAQ:MBLY)’s 2026 revenue projection fell short of Wall Street’s expectations, according to a January 22, 2026, Reuters story. The company cited the uncertain demand for its assisted-driving chips as automakers confront a challenging environment characterized by high tariffs. The outlook caused a 5% decline in shares. Analysts predict $2 billion in revenue, while the company anticipates $1.90 billion to $1.98 billion. According to Executive Vice President Nimrod Nehushtan, the projection was made cautiously rather than to incite panic, reflecting industry unpredictability.
The projection comes as manufacturers modify their supply chains and scale back production plans in response to U.S. levies on imported cars and parts. Mobileye Global Inc. (NASDAQ:MBLY) stated that tariffs have no direct impact on its business because customers incur import expenses, but demand may suffer if output is reduced. The fourth-quarter revenue totaled $446 million, exceeding analyst expectations of $432.3 million. Based on the company, North American automakers are also reducing their electric vehicle strategy. It is in response to Chinese competition, reduced tax benefits, and a move toward less expensive models and hybrids.
Mobileye Global Inc. (NASDAQ:MBLY) develops and implements autonomous driving technologies and solutions as well as driver assistance systems.
7. Baidu, Inc. (NASDAQ:BIDU)
Number of Hedge Fund Holders: 10.15%
Analysts’ Upside Potential as of January 31: 54
Baidu, Inc. (NASDAQ:BIDU) is among the Best Autonomous Driving Stocks.
Morgan Stanley increased Baidu, Inc. (NASDAQ:BIDU)’s price objective from $130 to $150 while keeping an Equal Weight rating, as reported by TheFly on January 20, 2026. The company decreased its core revenue expectations for 2025 and 2026 to 0% and 5%, respectively. It cited less favorable advertising patterns. It raised its projection of core operating profit for 2026 by 2% due to higher depreciation savings associated with asset impairment and anticipated savings from organizational changes.
Barclays retained an Equal Weight rating on the firm and boosted its price goal from $100 to $147 on January 26, 2026.
Separately, Baidu, Inc. (NASDAQ:BIDU) is considering elevating its Hong Kong listing to primary status to lower potential risks from restrictive U.S. laws and expand its exposure to mainland Chinese investors. Investment flows from the mainland could be facilitated by a primary listing, which would allow cross-border trading through the stock connect.
The stock was down by 8.22% as of February 4, 2026.
Baidu, Inc. (NASDAQ:BIDU) provides internet search and marketing solutions.
6. QUALCOMM Incorporated (NASDAQ:QCOM)
Number of Hedge Fund Holders: 63
Analysts’ Upside Potential as of January 31: 27.53%
QUALCOMM Incorporated (NASDAQ:QCOM) is among the Best Autonomous Driving Stocks.
TheFly stated on January 26, 2026, that UBS kept its rating at Neutral and reduced its price objective for QUALCOMM Incorporated (NASDAQ:QCOM) from $185 to $160.
Mizuho also lowered the corporation’s price target that day from $175 to $160. It maintained a Neutral rating. Mizuho predicted that global handset shipments will drop 4% year over year in 2026, with additional declines anticipated in the second half. This is due to memory constraints and pricing pressures. The downgrade came after an industry call on handsets.
On February 5, 2026, Reuters reported that QUALCOMM Incorporated (NASDAQ:QCOM) expected second-quarter revenue of $10.2 billion to $11 billion and adjusted earnings of $2.45 to $2.65 per share, both lower than LSEG projections. The firm attributed a global memory chip shortage to impacting smartphone users. After-hours trading saw a 9% decline in shares, which have now dropped more than 13% this year as of February 5, 2026. According to CEO Cristiano Amon, memory limits were the only reason for the projection failure. OEMs, especially in China, were cutting back on inventory as memory prices rose across the mobile device industry.
QUALCOMM Incorporated (NASDAQ:QCOM) develops and distributes semiconductors, software, and wireless technology solutions.
5. General Motors Company (NYSE:GM)
Number of Hedge Fund Holders: 71
Analysts’ Upside Potential as of January 31: 9.70%
General Motors Company (NYSE:GM) is among the Best Autonomous Driving Stocks.
DZ Bank raised General Motors Company (NYSE:GM) to Buy from Hold and set a price objective of $98 based on a report published by TheFly on January 29, 2026.
Bloomberg reported on January 28, 2026, that General Motors Company (NYSE:GM) shares were doing strongly following the company’s higher-than-expected fourth-quarter earnings. The action was part of a series of favorable analyst reactions to the stock following earnings. Following the findings, GM’s stock closed up 8.7%, up over 70% over the previous year, before reducing gains by 1.5% the next day.
The firm’s fourth-quarter earnings exceeded forecasts, aided by a positive 2026 outlook, pledges to repurchase up to $6 billion in stock, and a dividend hike. Price targets were boosted by at least 13 analysts, including TD Cowen, who set $122. Barclays raised its target to $110, Morgan Stanley to $100, Piper Sandler to $105, and UBS to $102.
General Motors Company (NYSE:GM) designs, manufactures, and sells trucks, crossovers, cars, and automotive parts, as well as software-enabled services and subscriptions.
4. Uber Technologies, Inc. (NYSE:UBER)
Number of Hedge Fund Holders: 143
Analysts’ Upside Potential as of January 31: 38.03%
Uber Technologies, Inc. (NYSE:UBER) is among the Best Autonomous Driving Stocks.
On January 18, 2026, Reuters reported that legislation allowing shared ride-hailing services like Uber Technologies, Inc. (NYSE:UBER) and Lyft to carry out operations in Israel was passed by an Israeli ministerial committee. It was an effort to reduce the cost of taxis. The legislation, which is still pending full parliamentary approval, would use international standards to oversee technology-based transportation firms. It enables businesses to connect private drivers and passengers through apps, increasing supply, improving peak and weekend availability, and lowering fares. The reform covers insurance, vehicle supervision, safety regulations, driver screening, and assistance for the taxi market. Uber Technologies, Inc. (NYSE:UBER) closed its doors in 2023 after operating solely as a conventional taxi service in Israel. The change is opposed by the taxi industry.
On January 30, 2026, TheFly reported that BofA reduced the firm’s price objective to $110 from $119. It retained a Buy rating before its February 4 Q4 report. Although the company anticipates growth in bookings and revenue, it projects EBITDA of $2.47 billion. It is just less than the Street’s $2.48 billion estimate, as the corporation makes growth investments during the quarter.
Uber Technologies, Inc. (NYSE:UBER) is a global technology platform that links users to freight, food delivery, and taxi services.
3. Alphabet Inc. (NASDAQ:GOOGL)
Number of Hedge Fund Holders: 243
Analysts’ Upside Potential as of January 31: 4.28%
Alphabet Inc. (NASDAQ:GOOGL) is among the Best Autonomous Driving Stocks.
On February 5, 2026, TheFly reported that Scotiabank maintained its Outperform rating on the shares. It increased its price objective for Alphabet Inc. (NASDAQ:GOOGL) from $375 to $400. The analyst informs investors that Google posted one of the most noteworthy quarters recently, with a significant top-line beat.
Separately, Mizuho increased its price objective for Alphabet Inc. (NASDAQ:GOOGL) from $365 to $400 on February 3, 2026. It maintains an Outperform rating for the stock. The firm is nonetheless optimistic about the fundamentals of the large-cap advertising group. It anticipates that the market for online advertising could grow faster in 2026. The corporation’s price target was raised as part of a preview for Q4.
The firm announced on February 4, 2026, that capital expenditures will potentially double this year, as reported by Reuters. It is just another dramatic spending surge by the Google parent company as it increases investments to ease compute capacity limitations and advance in the AI race. It is anticipated that Alphabet Inc. (NASDAQ:GOOGL) and its Big Tech competitors would spend over $500 billion on artificial intelligence this year.
Alphabet Inc. (NASDAQ:GOOGL) is a holding company that works in the fields of software, healthcare, transportation, and other technology.
2. Microsoft Corporation (NASDAQ:MSFT)
Number of Hedge Fund Holders: 312
Analysts’ Upside Potential as of January 31: 40.20%
Microsoft Corporation (NASDAQ:MSFT) is among the Best Autonomous Driving Stocks.
On January 29, 2026, Bloomberg reported that following reports of record spending and slowing cloud growth, Microsoft Corporation (NASDAQ:MSFT) shares dropped as much as 11% to $429.24, the largest intraday decline since March 2020. Azure’s revenue climbed by 38% during the quarter, which was slower than the previous quarter but still met forecasts. Capital expenditures totaled $37.5 billion, exceeding projections and rising 66% year over year. Returns were questioned by investors as spending outpaced Azure’s growth. The corporation projects that Azure will expand by 37% to 38% in the upcoming quarter.
Profit was $5.16 per share, up $1.02 from gains related to OpenAI, while total revenue climbed 17% to $81.3 billion. Businesses are paying for 15 million subscriptions to M365 Copilot. Customer backlog has more than doubled to $625 billion, with OpenAI accounting for 45%, boosted by a new $250 billion transaction. Microsoft Corporation (NASDAQ:MSFT) stated that capacity challenges persist after significant data center investment.
Microsoft Corporation (NASDAQ:MSFT) creates and licenses consumer and enterprise software.
1. Amazon.com, Inc. (NASDAQ:AMZN)
Number of Hedge Fund Holders: 332
Analysts’ Upside Potential as of January 31: 22.12%
Amazon.com, Inc. (NASDAQ:AMZN) is among the Best Autonomous Driving Stocks.
Saks Global, a bankrupt retailer, is terminating its “Saks on Amazon” deal with Amazon.com, Inc. (NASDAQ:AMZN), according to a source quoted by Reuters on January 31. The ruling comes after Saks invoked its right to reject the deal and filed for Chapter 11 earlier this month. Saks will close the store to concentrate on other areas of expansion. The insider claimed that Saks preferred to drive visitors to Saks.com and that brand participation in the Amazon storefront was limited. The firm stated its luxury site will continue to carry high-end brands, but Saks declined to comment.
The collaboration began in 2024, when the corporation invested $475 million in Saks and required Saks to shell out at least $900 million over eight years. Saks offered its Fifth Avenue flagship as collateral for a $1.75 billion loan, despite having previously supported partnership payments, as stated by Amazon.com, Inc. (NASDAQ:AMZN)’s attorney, who claimed that the relationship had soured following the bankruptcy. Luxury labels also opposed the transaction, citing brand dilution at a court hearing.
Amazon.com, Inc. (NASDAQ:AMZN) is a renowned online retailer and marketplace for third-party sellers.
While we acknowledge the potential of AMZN 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 AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.
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Disclosure: None. 12 Best Autonomous Driving Stocks to Buy Right Now is originally published on Insider Monkey. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.
