
Aurora Innovation, Inc. (NASDAQ:AUR – Free Report) – Equities research analysts at Northland Securities cut their FY2026 earnings estimates for shares of Aurora Innovation in a note issued to investors on Thursday, July 30th. Northland Securities analyst M. Latimore now expects that the company will earn ($0.49) per share for the year, down from their previous forecast of ($0.48). Northland Securities currently has a “Outperform” rating and a $11.00 target price on the stock. The consensus estimate for Aurora Innovation’s current full-year earnings is ($0.49) per share.
Aurora Innovation (NASDAQ:AUR – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.12) by ($0.02). Aurora Innovation had a negative net margin of 18,000.00% and a negative return on equity of 43.94%. The firm had revenue of $2.00 million during the quarter, compared to analysts’ expectations of $1.66 million. During the same quarter in the prior year, the company earned ($0.11) EPS. The business’s revenue for the quarter was up 100.0% on a year-over-year basis.
Check Out Our Latest Stock Report on Aurora Innovation
Aurora Innovation Stock Performance
Aurora Innovation stock opened at $6.79 on Monday. Aurora Innovation has a fifty-two week low of $3.60 and a fifty-two week high of $8.56. The stock has a market cap of $13.32 billion, a PE ratio of -14.45 and a beta of 2.64. The firm’s 50-day simple moving average is $6.44 and its 200 day simple moving average is $5.48.
Hedge Funds Weigh In On Aurora Innovation
Institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Aurora Innovation by 12.5% in the 4th quarter. Vanguard Group Inc. now owns 160,567,323 shares of the company’s stock valued at $616,579,000 after buying an additional 17,818,179 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Aurora Innovation by 130.0% during the first quarter. Bank of America Corp DE now owns 30,036,169 shares of the company’s stock worth $123,749,000 after acquiring an additional 16,975,927 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Aurora Innovation by 6.6% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 274,809,541 shares of the company’s stock worth $1,055,269,000 after acquiring an additional 16,933,373 shares in the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Aurora Innovation by 2,068.8% in the first quarter. Janus Henderson Group PLC now owns 11,243,080 shares of the company’s stock worth $46,319,000 after acquiring an additional 10,724,682 shares during the period. Finally, SC US Ttgp LTD. bought a new position in shares of Aurora Innovation in the fourth quarter worth $33,830,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.
Insider Activity
In other Aurora Innovation news, Director Reid Hoffman sold 5,498,487 shares of Aurora Innovation stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $7.81, for a total value of $42,943,183.47. Following the sale, the director owned 77,500 shares of the company’s stock, valued at approximately $605,275. The trade was a 98.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David M. Wehner bought 82,500 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was bought at an average price of $6.04 per share, for a total transaction of $498,300.00. Following the completion of the purchase, the director owned 246,519 shares of the company’s stock, valued at approximately $1,488,974.76. The trade was a 50.30% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 7,048,487 shares of company stock valued at $54,295,119. 8.52% of the stock is owned by company insiders.
About Aurora Innovation
Aurora Innovation, Inc is a technology company specializing in the development of self-driving vehicle systems for both passenger and commercial applications. Headquartered in Mountain View, California, Aurora has built an end-to-end platform—known as the Aurora Driver—that integrates proprietary software, machine learning algorithms and a suite of sensors (LiDAR, radar and cameras) to enable vehicles to operate safely and efficiently in diverse driving environments.
The company’s core business revolves around designing, testing and deploying its autonomy stack on vehicles from established automotive and transportation partners.
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