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Aurora Innovation Inc. (NASDAQ:AUR) is one of the best debt-free penny stocks to buy right now. On January 6, Aurora Innovation Inc. (NASDAQ:AUR) jumped by more than 8% after Amazon expanded its strategic partnership with Aumovio. The partnership paves the way for the integration of artificial intelligence capabilities at scale on Aurora’s driverless trucks.
The integration opens the door for mass production of Aurora driverless trucks in the race to accelerate the development of safer, smart self-driving cars. It marks a significant milestone barely a year after Aurora became the first company to operate driverless heavy-duty trucks on US public roads.
The company has already launched its service in Texas as part of its freight-focused autonomous vehicle strategy. Amazon and Aumovio have also joined forces to create scalable solutions that help autonomous vehicle developers make sense of the massive amounts of driving data.
Meanwhile, on December 9, Cannaccord Genuity analyst George Gianarikas reiterated a Buy rating on Aurora Innovation and set a $15 price target. TD Cowen, on the other hand, reiterated a Hold rating and a $5.50 price target.
Aurora Innovation, Inc. (NASDAQ:AUR) develops the Aurora Driver, a self-driving technology platform (hardware, software, data) for various vehicles, focusing on autonomous trucks for logistics and ride-hailing passenger vehicles, aiming to make transportation safer, more accessible, and efficient.
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.
READ NEXT: 10 Best Blue Chip Stocks to Buy for 2026 and 10 Best Metal Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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