Here’s Why Analysts Are Positive on Aurora Innovation, Inc. (AUR)

Aurora Innovation, Inc. (NASDAQ:AUR) is among the best NASDAQ stocks under $10 to buy. As of December 15, Aurora Innovation, Inc. (NASDAQ:AUR) has a ‘Buy’ rating from half of the analysts covering the stock. With a median price target of $12, the stock has an upside potential of 187.08%.

On December 9, George Gianarikas from Canaccord Genuity reaffirmed a ‘Buy’ rating on Aurora Innovation, Inc. (NASDAQ:AUR), while setting a $15 price target, which reflects a potential upside of about 259% from the current level. On the same day, Itay Michaeli, an analyst at TD Cowen, maintained a ‘Hold’ rating on the company and set a price target of $5.50.

In other news, Aurora Innovation, Inc. (NASDAQ:AUR) disclosed an agreement with Detmar Logistics to provide 24/7 autonomous transportation of proppants for a multinational oil and gas company on December 8. According to TheFly, with the deployment of the company’s second fleet of driverless trucks, scheduled for the second quarter of 2026, Detmar’s trips will transition to fully driverless operations.

Earlier on November 25, Christopher Urmson, Chief Executive Officer of Aurora Innovation, Inc. (NASDAQ:AUR), acquired 258,000 shares of Class A Common Stock at a weighted average price of $3.8784. Following the $1,000,627 investment, Urmson now directly holds 5,000,000 shares of the company’s stock.

Aurora Innovation, Inc. (NASDAQ:AUR) is a Pennsylvania-based self-driving technology company. Founded in 2017, the company is committed to developing Aurora Driver.

While we acknowledge the potential of AUR 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 AUR and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.