Aurora Innovation Receives Series of Buy Ratings as Analysts Back Autonomous Freight Vision

Aurora Innovation, Inc. (NASDAQ:AUR) is one of the best-performing midcap tech stocks in the last 3 years. On October 6, Ravi Shanker from Morgan Stanley reiterated a Buy rating on the shares with a price target of $12.

Earlier in September, on September 15 to be precise, Cantor Fitzgerald's analyst Andres Sheppard also reiterated a Buy rating on the stock with the same price target.

On September 2, Canaccord Genuity analyst George Gianarikas held a Buy rating for Aurora too, but was more optimistic with a price target of $15, which implies an upside of 191% from current levels.

Aurora Innovation, Inc. (NASDAQ:AUR), based in Pittsburgh, Pennsylvania, develops autonomous driving systems for long-haul trucking and freight logistics. The company designs, tests, and deploys its proprietary Aurora Driver platform, which integrates hardware, software, and machine learning to enable fully driverless operations.

While we acknowledge the potential of AUR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.