AUR Stock Gets Weaker EPS Estimate from Northland Securities

Aurora Innovation, Inc. (NASDAQ:AUR) – Research analysts at Northland Securities dropped their Q1 2027 earnings per share estimates for shares of Aurora Innovation in a research report issued on Thursday, October 29th. Northland Securities analyst M. Latimore now anticipates that the company will post earnings per share of ($0.14) for the quarter, down from their prior estimate of ($0.13). The consensus estimate for Aurora Innovation’s current full-year earnings is ($0.48) per share. Northland Securities also issued estimates for Aurora Innovation’s Q2 2027 earnings at ($0.13) EPS, Q3 2027 earnings at ($0.13) EPS, Q4 2027 earnings at ($0.13) EPS, FY2027 earnings at ($0.53) EPS, FY2028 earnings at ($0.41) EPS and FY2029 earnings at ($0.34) EPS.

Aurora Innovation (NASDAQ:AUR) last announced its earnings results on Wednesday, October 28th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.12). Aurora Innovation had a negative net margin of 13,328.57% and a negative return on equity of 48.39%. The company had revenue of $3.00 million for the quarter, compared to analysts’ expectations of $2.99 million. The business’s revenue for the quarter was up 200.0% on a year-over-year basis.

AUR has been the topic of a number of other reports. Wall Street Zen lowered shares of Aurora Innovation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 1st. Oppenheimer increased their price objective on shares of Aurora Innovation from $15.00 to $16.00 and gave the company an “outperform” rating in a report on Thursday, October 8th. Evercore reissued an “outperform” rating on shares of Aurora Innovation in a research note on Tuesday, September 15th. Morgan Stanley boosted their target price on Aurora Innovation from $14.00 to $18.00 and gave the stock an “overweight” rating in a report on Friday, September 11th. Finally, Canaccord Genuity Group boosted their target price on Aurora Innovation from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Thursday, September 24th. Eight investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $12.56.

Aurora Innovation Trading Up 0.9%

Shares of NASDAQ AUR opened at $4.27 on Monday. The firm has a 50-day simple moving average of $5.63 and a 200-day simple moving average of $5.61. Aurora Innovation has a 52 week low of $3.60 and a 52 week high of $8.56.

Institutional Investors Weigh In On Aurora Innovation

Hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of Aurora Innovation by 130.0% during the 1st quarter. Bank of America Corp DE now owns 30,036,169 shares of the company’s stock worth $123,749,000 after purchasing an additional 16,975,927 shares during the period. State Street Corp raised its holdings in Aurora Innovation by 6.0% in the 2nd quarter. State Street Corp now owns 22,922,729 shares of the company’s stock valued at $156,333,000 after buying an additional 1,293,487 shares during the period. Dimensional Fund Advisors LP raised its holdings in Aurora Innovation by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,807,009 shares of the company’s stock valued at $48,621,000 after buying an additional 490,659 shares during the period. Janus Henderson Group PLC raised its holdings in Aurora Innovation by 2,068.8% in the 1st quarter. Janus Henderson Group PLC now owns 11,243,080 shares of the company’s stock valued at $46,319,000 after buying an additional 10,724,682 shares during the period. Finally, Wellington Management Group LLP acquired a new position in Aurora Innovation in the second quarter valued at about $25,893,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Aurora Innovation

In other news, Director Michelangelo Volpi sold 2,842,682 shares of Aurora Innovation stock in a transaction on Monday, August 17th. The stock was sold at an average price of $7.00, for a total transaction of $19,898,774.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. In the last 90 days, insiders sold 6,210,971 shares of company stock worth $43,555,320. 8.52% of the stock is owned by insiders.

About Aurora Innovation

Aurora Innovation, Inc develops autonomous driving technology for commercial trucks and passenger vehicles. Its core product, the Aurora Driver, combines artificial intelligence, sensors, mapping, and vehicle-control software to enable vehicles to perceive their surroundings, plan routes, and operate with limited or no human intervention.

The company focuses initially on autonomous trucking and freight transportation, while also developing technology for passenger mobility applications.