Aurora Innovation (AUR) Scheduled to Post Quarterly Earnings on Wednesday

Aurora Innovation (NASDAQ:AUR) is set to release its earnings data after the market closes on Wednesday, May 8th. Individual interested in listening to the company’s earnings conference call can do so using this link.

Aurora Innovation (NASDAQ:AUR) last released its quarterly earnings data on Wednesday, February 14th. The company reported ($0.13) EPS for the quarter.

Aurora Innovation Trading Down 9.0 %

NASDAQ:AUR opened at $2.78 on Wednesday. Aurora Innovation has a 1 year low of $1.30 and a 1 year high of $4.81. The stock has a 50-day moving average price of $2.68 and a two-hundred day moving average price of $2.79. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of -4.55 and a beta of 2.91.

Wall Street Analyst Weigh In

AUR has been the subject of a number of research reports. The Goldman Sachs Group downgraded Aurora Innovation from a “neutral” rating to a “sell” rating and increased their price objective for the stock from $1.75 to $2.00 in a report on Wednesday, January 3rd. Canaccord Genuity Group boosted their price target on shares of Aurora Innovation from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Friday, March 15th. Finally, TD Cowen dropped their target price on shares of Aurora Innovation from $3.50 to $3.00 and set a “market perform” rating on the stock in a research report on Friday, March 15th.

Insider Transactions at Aurora Innovation

In related news, Director Reid Hoffman sold 1,000,000 shares of the firm’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $2.52, for a total value of $2,520,000.00. Following the transaction, the director now owns 463,563 shares of the company’s stock, valued at approximately $1,168,178.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 13.83% of the company’s stock.

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.