Introducing Gatik: A Major Game Changer in the Autonomous Commercial Trucking Industry
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 24 2025
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Source: SeekingAlpha
Gatik's Expansion: Gatik, an autonomous trucking startup, is expanding its partnership with Loblaw Companies Limited to deploy a fleet of 50 autonomous trucks in the Greater Toronto Area by the end of 2026, marking a significant milestone in the autonomous trucking industry.
Investment and Operations: Loblaw has made a strategic investment in Gatik, which will initially operate with safety drivers before transitioning to fully driverless operations, enhancing delivery efficiency to over 300 Loblaw stores.
Analyst Views on IDRV
Wall Street analysts forecast IDRV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IDRV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 39.667
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Current: 39.667
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
