7 Best Under The Radar Stocks to Buy According to Analysts

5. Aurora Innovation (NASDAQ:AUR)  

Upside Potential: 40.69%  

Number of Hedge Fund Investors: 19  

Aurora Innovation (NASDAQ:AUR) is a self-driving technology company that is focused on developing autonomous vehicle software for the transportation and logistics industries. The company’s technology has applications in both passenger vehicles and commercial trucking and has partnerships with major automotive manufacturers.

Aurora Innovation (NASDAQ:AUR) is well-positioned to generate attractive profits in the autonomous trucking space. The company is one of two companies that will launch a viable autonomous trucking solution soon and appears to have a first-mover advantage. Aurora Innovation (NASDAQ:AUR) has partnered with companies including Uber, FedEx, Schneider, and Werner, which will help drive demand for its hardware and software that enable autonomous trucking.

Aurora Innovation’s (NASDAQ:AUR)  autonomous trucking solution, known as Aurora Driver, has been extensively tested and has hauled over 7,000 loads for pilot customers across nearly two million commercial miles. Aurora Innovation (NASDAQ:AUR) has also been meticulous in ensuring that its technology is safe and utilizes best practices. The company’s partnership with Uber is particularly significant, as Uber Freight acts as an intermediary between shippers and carriers while offering logistical solutions.

Aurora Innovation (NASDAQ:AUR) projected $15 billion annual revenue by 2030, driven by autonomous trucking and potential robotaxi market entry makes it a compelling long-term investment. Industry analysts have a consensus on the stock’s Buy rating, setting an average share price target at $5.62, which represents a 40.69% upside potential from its current levels. As of the second quarter, the company’s stock is held by 19 hedge funds, with a total stake valued at $144.87 million.