10 Best Emerging Technology Stocks to Buy Now

4. Aurora Innovation Inc. (NASDAQ:AUR)

Focus Area: Self-driving vehicle technology

Potential Upside: 27%

Number of Hedge Fund Holders: 27

Aurora Innovation Inc. (NASDAQ:AUR) is a self-driving technology company focused on developing autonomous vehicle solutions for freight and passenger transportation. The company is building the Aurora Driver, an AI-powered system designed for self-driving trucks and cars. The system consists of sensors, software, and hardware, and can be installed in passenger or commercial vehicles to convert them into self-driving vehicles.

Aurora Innovation Inc. (NASDAQ:AUR) is a development-stage company and still not reporting any revenue. However, the market responded cheerfully to its Q4 2024 financial update on February 12, as the management appeared confident for the commercial launch of its Aurora Driver systems on the Dallas-Houston route in April 2025.

Apart from the launch, the company aims to report a gross profit in 2026. For Q4, it reported a net loss of $193 million, marginally lower than the loss in Q4 2023. It also had $1.25 billion in cash & cash equivalents as of December 2024. Aurora is targeting to operate in a 50 billion vehicle miles traveled (VMS) serviceable addressable market (SAM) by the start of 2028. With backing from major investors and strategic partnerships with leading transportation companies, Aurora Innovation Inc. (NASDAQ:AUR) is well-positioned to capitalize on the shift toward autonomous logistics.