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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Is Aurora Innovation, Inc. (AUR) Among the Best Self-Driving Car Stocks to Buy According to Analysts?

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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85% Informative

The term “self-driving car stocks” describes publicly traded businesses engaged in creating, manufacturing, or using autonomous vehicle technology.

Aurora Innovation, Inc. (NASDAQ:AUR) provides a self-driving system that can drive a variety of vehicles, including ride-hailing passenger cars and trucks.

The global market for autonomous vehicles was worth $68.09 billion in 2024 and is projected to grow at a CAGR of 19.9% .

Aurora Innovation, Inc. (NASDAQ:AUR) plans to commercially introduce its self-driving technology, beginning with the Dallas to Houston route.

The firm claims that its vehicles achieved an Autonomy Readiness Measure score of 99% throughout rigorous testing, which included lengthy travels.

TD Cowen increased Aurora Innovation's price objective from $4 to $5 .

Overall, AUR ranks 4th among the best self driving car stocks to buy according to analysts.