TD Cowen Lowers Aurora Innovation (AUR) PT to $7.40, Despite Company’s First Driverless Trucking Revenue

Aurora Innovation Inc. (NASDAQ:AUR) is one of the best large cap penny stocks to buy under $10. TD Cowen analyst Itay Michaeli lowered the firm’s price target on Aurora Innovation to $7.40 from $9 and kept a Hold rating on the shares. The decision followed the company’s Q2 2025 earnings, with the management confirming prior H2 milestones with nighttime driverless operation already achieved.

Aurora Innovation reported a revenue of $1 million for the quarter, surpassing analyst estimates of $0.40 million. This marked the first time the company has recognized revenue from its driverless commercial trucking operations, which launched during the quarter on public roads in the US.

The company achieved a key milestone by launching its first driverless commercial trucking operations and logging over 20,000 driverless miles. The company’s Aurora Driver system, which is used for both freight-hauling trucks and ride-hailing vehicles, maintained nearly 100% on-time performance with commercial loads for partners including Hirschbach, Uber Freight, Werner, FedEx, Schneider, and Volvo Autonomous Solutions.

Aurora Innovation Inc. (NASDAQ:AUR) is a self-driving technology company with operations in the US. It focuses on developing Aurora Driver, which is a platform that brings self-driving hardware, software, and data services to interoperate with various vehicle types and applications.

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. This article is originally published at Insider Monkey.