10 Best Low Priced Stocks to Invest in Now

6) Aurora Innovation, Inc. (NASDAQ:AUR)

Stock Price as of February 22: $7.425

Number of Hedge Fund Holders: 27

Aurora Innovation, Inc. (NASDAQ:AUR) operates as a self-driving technology company in the US. George Gianarikas from Canaccord Genuity maintained a “Buy” rating on the company’s stock with a price target of $10.00. The analyst’s rating stemmed from a combination of factors highlighting Aurora Innovation, Inc. (NASDAQ:AUR)’s strong position in the autonomous vehicle industry. The company’s competitive edge is strengthened by its healthy technology lead, significant total addressable market, and a clear value proposition for customers and partners. Furthermore, the company’s proposed SaaS, asset-light business model, and high-quality management team cement its investment appeal.

Elsewhere, Cantor Fitzgerald maintained a bullish stance on the company’s stock, maintaining a steady price target of $10.00. The firm lauded Aurora Innovation, Inc. (NASDAQ:AUR)’s path towards commercialization, an asset-light business model, and favorable regulatory conditions, which continue to support a positive outlook. Aurora Innovation, Inc. (NASDAQ:AUR), in its Q4 2024 shareholder letter, highlighted the growing demand for autonomous trucking, which supports the critical role the Aurora Driver will play in addressing industry challenges. With freight volumes increasing and shipping distances extending, the Aurora Driver remains well-positioned to help solve staffing shortages and allow productive and efficient transport.