TD Cowen Raises Aurora (AUR) Price Target, Keeps Hold Rating

Aurora Innovation, Inc. (NASDAQ:AUR) is one of the 10 Best Single Digit Stocks to Buy Right Now. On May 7, TD Cowen analyst Itay Michaeli increased the firm’s price target on Aurora Innovation, Inc. (NASDAQ:AUR) from $4.70 to $7 but maintained a Hold rating on the stock.

The research firm noted that the company’s Q1 update included both positive and challenging points, but overall it increased confidence that Aurora Innovation, Inc. (NASDAQ:AUR) can achieve key milestones in the second half of 2026. TD Cowen said that recent customer announcements have also helped improve momentum.

TD Cowen Raises Aurora (AUR) Price Target, Keeps Hold Rating

Aurora Innovation, Inc. (NASDAQ:AUR) co-founder and CEO Chris Urmson said the company is “hitting a new gear.” He added that the company is close to launching a new platform and remains “on track to put hundreds of driverless trucks on the road this year.”

The company is seeing strong customer momentum. Aurora Innovation, Inc. (NASDAQ:AUR) reported that early adopter Hirschbach is planning for 500 Aurora Driver-powered trucks. The company also recently began driverless hauls for McLane Company, Inc., a Berkshire Hathaway subsidiary. Aurora Innovation, Inc. (NASDAQ:AUR) now has seven customers in its driverless cohort.

Aurora Innovation, Inc. (NASDAQ:AUR) is a self-driving technology company. The Aurora Driver is a self-driving system that can operate various types of vehicles, including freight-hauling trucks and ride-hailing passenger vehicles.

While we acknowledge the risk and potential of AUR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AUR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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