10 Best Autonomous Vehicle Stocks To Buy backed by Hedge Funds

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4. Aptiv PLC (NYSE:APTV)

Number of Hedge Funds: 42

Aptiv PLC (NYSE:APTV) is pursuing more value per vehicle as automakers adopt advanced driving systems. Its October 21 NVIDIA collaboration brings Hyperion and the Halos safety system into Aptiv’s modular computing architecture. Manufacturers can use their own AI models or choose models from Aptiv, NVIDIA and other developers, which gives the platform flexibility across customer strategies.

That initiative builds on a profitable supplier business since Aptiv’s latest earnings showed Q2 sales of $3.274 billion, up 2% year over year, and net income from continuing operations of $298 million, versus $265 million. Diluted EPS from continuing operations jumped to $1.40 from $1.21.

Its Intelligent Systems segment made $1.501 billion in sales, approximately 46% of the group total, and $210 million in adjusted EBITDA, versus $204 million a year earlier. The segment includes products beyond autonomous driving, so its revenue does not quantify Aptiv’s AV business alone. 10 Cheap Robotics Stocks to Buy Right Now places it alongside other automation suppliers.

Aptiv already supplies production driver-assistance technology, and the expanded architecture backs up a progression from hands-free to fully autonomous driving.

3. Baidu, Inc. (NASDAQ:BIDU)

Number of Hedge Funds: 49

Baidu, Inc. (NASDAQ:BIDU) is preparing Apollo Go for another international market while its larger businesses grow unevenly. It was recently reported that Baidu and Freenow targeted a London driverless commercial launch in 2027 after supervised testing. That timetable builds on Apollo Go’s reported footprint of 28 cities and more than 240 million fully driverless kilometers.

The expansion sits within a diversified company. Baidu’s latest earnings showed Q2 revenue of RMB31.3 billion, down 4% year over year, and net income attributable to Baidu of RMB2.3 billion. GAAP diluted earnings per ADS totaled RMB5.74. 10 Best Autonomous Vehicle Stocks to Buy Now compares other autonomous-vehicle investments.

Baidu built its sixth-generation RT6 vehicles specifically for autonomous ride-hailing. It also reported fully driverless commercial operations in Dubai and fully driverless testing in Hong Kong. Those deployments give it operating experience beyond the supervised London trial.

The London plan adds a commercial milestone to watch, but it does not yet establish driverless revenue there. Baidu’s reported earnings still show businesses much larger than its separately undisclosed robotaxi operations.

2. Tesla, Inc. (NASDAQ:TSLA)

Number of Hedge Funds: 116

Tesla, Inc. (NASDAQ:TSLA) is expanding its driverless service while its latest earnings show pressure on current profits. Its Q3 2026 update reported nearly two million cumulative unsupervised robotaxi miles and Cybercab deployment in Austin. Its separate FSD (Supervised) product still requires active driver supervision and does not make consumer vehicles autonomous.

That operating progress comes with mixed Q3 results. Tesla generated $28.05 billion in revenue, roughly flat against $28.10 billion a year earlier, while GAAP net income attributable to common stockholders fell to $787 million from $1.37 billion. GAAP diluted EPS declined to $0.22 from $0.39. Automotive activities contributed $20.56 billion, approximately 73% of revenue.

Customer access to Cybercab is the next development: It was recently reported that Tesla targeted sales by year-end while federal regulators investigated the vehicles’ compliance with safety standards. The target still remains a plan. 10 Best ARK Stocks to Buy Right Now examines Tesla alongside other innovation investments.

Tesla says its onboard cameras give 360-degree visibility for supervised driving. Its showed driverless mileage, supervised consumer product and automotive revenue each measure a different part of the autonomy story.

1. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Funds: 275

Alphabet Inc. (NASDAQ:GOOGL) gives investors exposure to Waymo alongside much larger businesses. Waymo’s October 20 Madrid announcement targeted first riders in 2027, beginning with manual driving before technical validation. That followed a $5 billion term loan on October 8, the unit’s first debt financing.

Alphabet’s Q3 earnings release reported $127.6 billion in revenue, up 25% year over year, while diluted EPS declined to $2.12 from $2.87. Net income available to common stockholders fell to $26.2 billion from $35.0 billion.

Its Other Bets segment generated $372 million in revenue and a $2.05 billion operating loss. Revenue represented approximately 0.29% of consolidated sales, but the segment includes several businesses. 8 Best AI Stocks to Buy According to Billionaire Ken Griffin considers Alphabet within a broader institutional AI portfolio.

Waymo introduced sixth-generation Ojai vehicles to public riders in June, using a Driver that combines cameras, lidar and radar. That establishes operating deployment beyond a development roadmap, while Madrid remains a future launch. The segment figures also show why Waymo’s progress does not turn directly into a large share of Alphabet’s current revenue.

While we acknowledge the risk and potential of GOOGL as an investment, we believe certain AI infrastructure stocks offer far stronger long-term potential at a much more attractive entry point. If you are looking for an AI stock more promising than GOOGL that operates as a critical AI tollbooth and stands as the most important company in the world, check out our report about this must-own AI stock.

READ NEXT: 10 Best Transportation Stocks to Buy According to Hedge Funds and 11 Best Semiconductor Stocks with Huge Upside Potential.

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