Cantor Fitzgerald Estimates AUR FY2025 Earnings

Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) - Equities researchers at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Aurora Innovation in a research report issued on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard expects that the company will post earnings per share of ($0.50) for the year. Cantor Fitzgerald has a "Overweight" rating and a $10.00 price objective on the stock. The consensus estimate for Aurora Innovation's current full-year earnings is ($0.47) per share.

Several other equities research analysts have also recently issued reports on AUR. Canaccord Genuity Group boosted their price target on Aurora Innovation from $7.00 to $10.00 and gave the company a "buy" rating in a research note on Wednesday, January 8th. TD Cowen increased their target price on Aurora Innovation from $3.00 to $4.00 and gave the stock a "hold" rating in a report on Thursday, October 31st. Wolfe Research initiated coverage on Aurora Innovation in a research note on Tuesday, November 26th. They issued a "peer perform" rating for the company. Evercore ISI increased their price objective on shares of Aurora Innovation from $3.00 to $5.00 and gave the stock an "in-line" rating in a research note on Monday, October 14th. Finally, The Goldman Sachs Group boosted their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a "sell" rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Aurora Innovation currently has an average rating of "Hold" and an average price target of $6.30.

Aurora Innovation Trading Down 3.9 %

AUR stock traded down $0.29 during trading hours on Wednesday, hitting $6.98. 10,366,825 shares of the stock were exchanged, compared to its average volume of 19,274,182. The firm has a market capitalization of $11.99 billion, a P/E ratio of -14.23 and a beta of 2.85. Aurora Innovation has a 12 month low of $2.10 and a 12 month high of $9.83. The company has a 50-day simple moving average of $6.72 and a two-hundred day simple moving average of $5.45.

Hedge Funds Weigh In On Aurora Innovation

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Souders Financial Advisors bought a new position in shares of Aurora Innovation in the 3rd quarter worth about $59,000. Grimes & Company Inc. bought a new stake in Aurora Innovation in the fourth quarter worth approximately $63,000. Dynamic Technology Lab Private Ltd acquired a new position in Aurora Innovation in the third quarter valued at approximately $60,000. Reynders McVeigh Capital Management LLC acquired a new position in Aurora Innovation in the third quarter valued at approximately $63,000. Finally, Sigma Planning Corp acquired a new stake in shares of Aurora Innovation in the 3rd quarter valued at about $63,000. 44.71% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Aurora Innovation

In related news, Director Reid Hoffman sold 537,837 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $5.48, for a total value of $2,947,346.76. Following the completion of the sale, the director now directly owns 286,247 shares in the company, valued at $1,568,633.56. This represents a 65.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gloria R. Boyland sold 30,000 shares of the company's stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total value of $189,000.00. Following the completion of the sale, the director now owns 344,647 shares in the company, valued at $2,171,276.10. This trade represents a 8.01 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,776,667 shares of company stock valued at $48,432,337. 13.83% of the stock is currently owned by insiders.

Aurora Innovation Company Profile

Aurora 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.