FY2025 Earnings Forecast for AUR Issued By Cantor Fitzgerald

Aurora Innovation, Inc. (NASDAQ:AUR) – Stock analysts at Cantor Fitzgerald upped their FY2025 earnings estimates for shares of Aurora Innovation in a note issued to investors on Monday, May 12th. Cantor Fitzgerald analyst A. Sheppard now anticipates that the company will post earnings of ($0.48) per share for the year, up from their prior forecast of ($0.49). Cantor Fitzgerald currently has a “Overweight” rating and a $10.00 price target on the stock. The consensus estimate for Aurora Innovation’s current full-year earnings is ($0.49) per share.

A number of other research firms also recently commented on AUR. Canaccord Genuity Group boosted their target price on shares of Aurora Innovation from $10.00 to $15.00 and gave the stock a “buy” rating in a report on Friday, May 2nd. Evercore ISI boosted their price target on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a report on Tuesday, February 18th. Morgan Stanley started coverage on shares of Aurora Innovation in a report on Monday, March 3rd. They set an “overweight” rating and a $12.00 price target on the stock. The Goldman Sachs Group boosted their price target on shares of Aurora Innovation from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Monday. Finally, TD Cowen started coverage on shares of Aurora Innovation in a report on Friday, March 7th. They set a “hold” rating and a $8.00 price target on the stock. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $10.75.

Aurora Innovation Price Performance

NASDAQ AUR opened at $6.82 on Wednesday. The company’s 50 day simple moving average is $6.78 and its 200 day simple moving average is $6.84. Aurora Innovation has a 12 month low of $2.10 and a 12 month high of $10.77. The company has a market capitalization of $11.87 billion, a P/E ratio of -14.51 and a beta of 2.76.

Aurora Innovation (NASDAQ:AUR) last released its earnings results on Thursday, May 8th. The company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.01).

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in AUR. CoreCap Advisors LLC grew its position in Aurora Innovation by 15.0% in the fourth quarter. CoreCap Advisors LLC now owns 13,177 shares of the company’s stock worth $83,000 after acquiring an additional 1,717 shares in the last quarter. CIBC Asset Management Inc grew its position in Aurora Innovation by 5.1% in the fourth quarter. CIBC Asset Management Inc now owns 35,587 shares of the company’s stock worth $224,000 after acquiring an additional 1,723 shares in the last quarter. United Bank grew its position in Aurora Innovation by 17.0% in the first quarter. United Bank now owns 13,064 shares of the company’s stock worth $88,000 after acquiring an additional 1,900 shares in the last quarter. Principal Financial Group Inc. grew its position in Aurora Innovation by 3.0% in the first quarter. Principal Financial Group Inc. now owns 70,652 shares of the company’s stock worth $475,000 after acquiring an additional 2,061 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Aurora Innovation by 37.2% in the first quarter. PNC Financial Services Group Inc. now owns 7,683 shares of the company’s stock worth $52,000 after acquiring an additional 2,085 shares in the last quarter. Institutional investors and hedge funds own 44.71% 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.