Aurora Innovation’s NASDAQ: AUR<\/span><\/a> share price surged more than 50% following news it had partnered with NVIDIA NASDAQ: NVDA<\/span><\/a>. While there are hurdles to overcome, the share price can easily rise another 100% or more this year because the stock is deeply undervalued. The deal with NVIDIA is part of NVIDIA\u2019s push into a broader range of end markets centered on its AI technology. NVIDIA is out to disrupt the autonomous driving industry<\/a>, and Aurora is a critical piece of the puzzle. NVIDIA provides the hardware and software to operate Aurora\u2019s Driver platform, while Continental OTCMKTS: CTTAF<\/span><\/a> will put the components into a marketable package. The target market is big trucks, which will undoubtedly include other vehicle<\/a> types over time.\u00a0<\/p>\n Aurora Innovation<\/p>\n<\/div>\n<\/div>\n As of 01\/8\/2025 04:00 PM Eastern<\/p>\n<\/div>\n \u25bc<\/span><\/span><\/p>\n $9.83<\/dd>\n<\/div>\n Unlike other technological advances, this one is slated to enter production this year. The plan is for an initial market launch in May, with mass production beginning in 2027. The deal is to produce and deploy products at scale, capturing a large portion of the global AV market. The takeaway for Aurora investors is that this deal validates the business while rapidly accelerating the revenue and profitability outlook. As it is, the ten analysts tracked by MarketBeat are forecasting quadruple-digit hypergrowth in 2025, triple-digit growth in the next four to five years, and solid, high-double-digit growth for several years beyond that. Regarding the valuation, the company\u2019s P\/E in this scenario is roughly 12x in 2030, a deep value for a rapidly growing tech company.\u00a0<\/p>\nAurora Innovation Today<\/h3>\n
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