From Yahoo Finance: 2025-05-19 17:58:00

Aurora Innovation, Inc. (NASDAQ:AUR) is being closely monitored among AI stocks on Wall Street. US President Trump aims to support the struggling coal industry to meet the energy demand of AI data centers. While some tech companies see coal as a backup power source, others focus on renewable energy and natural gas due to environmental goals.

Aurora (AUR) is a self-driving technology company that recently launched its commercial self-driving service, Aurora Driver, in Texas. With an Overweight rating and $12 price target, Aurora aims to expand its driverless services by the end of the year. The company’s Autonomy Performance Indicator reached 95% in Q1 2025, exceeding its commercialization goal of 90%.

Hedge funds are showing interest in AI stocks like AUR, ranked 11th on Wall Street’s radar. While AUR has potential, other AI stocks may offer higher returns with limited downside risk. For a promising AI stock with 100x upside potential, consider exploring the report on the cheapest AI stock. Disclosure: None. Visit Insider Monkey for more information.

Read more: Cantor Fitzgerald Reiterates Overweight on Aurora (AUR), Targets $12