Shares of Aurora Innovation, Inc. (NASDAQ:AUR - Get Free Report) have received an average recommendation of "Hold" from the seven research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $8.08.
A number of equities research analysts recently commented on AUR shares. Wolfe Research assumed coverage on Aurora Innovation in a report on Tuesday, November 26th. They set a "peer perform" rating for the company. Cantor Fitzgerald reiterated an "overweight" rating and issued a $10.00 price objective on shares of Aurora Innovation in a research note on Thursday, February 13th. Canaccord Genuity Group boosted their target price on shares of Aurora Innovation from $7.00 to $10.00 and gave the company a "buy" rating in a research report on Wednesday, January 8th. TD Cowen began coverage on Aurora Innovation in a research report on Friday, March 7th. They set a "hold" rating and a $8.00 price target on the stock. Finally, Evercore ISI boosted their price objective on Aurora Innovation from $5.00 to $6.00 and gave the company an "in-line" rating in a report on Tuesday, February 18th.
Get Our Latest Report on Aurora Innovation
Aurora Innovation Price Performance
Aurora Innovation stock traded down $0.73 during mid-day trading on Thursday, reaching $7.11. 9,106,385 shares of the company traded hands, compared to its average volume of 11,087,083. Aurora Innovation has a fifty-two week low of $2.10 and a fifty-two week high of $10.77. The firm's fifty day moving average is $7.26 and its two-hundred day moving average is $6.55. The company has a market capitalization of $12.37 billion, a price-to-earnings ratio of -15.12 and a beta of 2.82.
Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its earnings results on Wednesday, February 12th. The company reported ($0.11) earnings per share (EPS) for the quarter. As a group, equities research analysts predict that Aurora Innovation will post -0.49 earnings per share for the current year.
Institutional Investors Weigh In On Aurora Innovation
Several hedge funds have recently modified their holdings of AUR. JPMorgan Chase & Co. boosted its position in Aurora Innovation by 40.1% during the third quarter. JPMorgan Chase & Co. now owns 1,380,479 shares of the company's stock worth $8,172,000 after purchasing an additional 394,933 shares in the last quarter. Citigroup Inc. grew its stake in Aurora Innovation by 229.4% in the 3rd quarter. Citigroup Inc. now owns 705,181 shares of the company's stock valued at $4,175,000 after acquiring an additional 491,125 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Aurora Innovation by 26.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,424,827 shares of the company's stock worth $49,875,000 after acquiring an additional 1,776,513 shares in the last quarter. Swiss National Bank lifted its holdings in Aurora Innovation by 22.3% during the fourth quarter. Swiss National Bank now owns 1,839,400 shares of the company's stock valued at $11,588,000 after purchasing an additional 335,000 shares in the last quarter. Finally, ARK Investment Management LLC grew its position in shares of Aurora Innovation by 14.9% in the fourth quarter. ARK Investment Management LLC now owns 2,412,353 shares of the company's stock valued at $15,198,000 after purchasing an additional 312,144 shares during the period. 44.71% of the stock is owned by hedge funds and other institutional investors.
About Aurora Innovation
(
Get Free ReportAurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
Featured Stories
Before you consider Aurora Innovation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aurora Innovation wasn't on the list.
While Aurora Innovation currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
