FY2026 EPS Estimates for AUR Cut by Northland Securities

Aurora Innovation, Inc. (NASDAQ:AUR) – Equities researchers at Northland Securities lowered their FY2026 earnings per share (EPS) estimates for shares of Aurora Innovation in a research report issued on Thursday, July 30th. Northland Securities analyst M. Latimore now anticipates that the company will earn ($0.49) per share for the year, down from their prior forecast of ($0.48). Northland Securities currently has a “Outperform” rating and a $11.00 price target on the stock. The consensus estimate for Aurora Innovation’s current full-year earnings is ($0.48) per share.

Aurora Innovation (NASDAQ:AUR) last posted its earnings results on Wednesday, July 29th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.02). The company had revenue of $2.00 million during the quarter, compared to analysts’ expectations of $1.66 million. Aurora Innovation had a negative net margin of 18,000.00% and a negative return on equity of 43.94%. Aurora Innovation’s revenue for the quarter was up 100.0% on a year-over-year basis. During the same quarter last year, the firm earned ($0.11) EPS.

A number of other research analysts also recently issued reports on the stock. Wall Street Zen downgraded shares of Aurora Innovation from a “sell” rating to a “strong sell” rating in a research report on Saturday. The Goldman Sachs Group increased their target price on shares of Aurora Innovation from $4.00 to $5.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Aurora Innovation in a research note on Friday, July 17th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $12.00 price target on shares of Aurora Innovation in a report on Thursday, July 23rd. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $13.00 price target on shares of Aurora Innovation in a report on Thursday, May 7th. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $12.22.

Aurora Innovation Stock Performance

AUR stock opened at $7.23 on Monday. The firm has a market cap of $14.18 billion, a price-to-earnings ratio of -15.38 and a beta of 2.64. The firm has a 50-day simple moving average of $6.44 and a two-hundred day simple moving average of $5.50. Aurora Innovation has a one year low of $3.60 and a one year high of $8.56.

Institutional Trading of Aurora Innovation

Institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Aurora Innovation by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 160,567,323 shares of the company’s stock valued at $616,579,000 after purchasing an additional 17,818,179 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Aurora Innovation by 130.0% in the first quarter. Bank of America Corp DE now owns 30,036,169 shares of the company’s stock worth $123,749,000 after buying an additional 16,975,927 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its stake 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 buying an additional 16,933,373 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Aurora Innovation by 2,068.8% during the first quarter. Janus Henderson Group PLC now owns 11,243,080 shares of the company’s stock worth $46,319,000 after buying an additional 10,724,682 shares during the period. Finally, SC US Ttgp LTD. acquired a new stake in shares of Aurora Innovation during the fourth quarter worth $33,830,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director David M. Wehner acquired 82,500 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were purchased at an average price of $6.04 per share, for a total transaction of $498,300.00. Following the completion of the acquisition, the director directly owned 246,519 shares in the company, valued at $1,488,974.76. The trade was a 50.30% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Reid Hoffman sold 1,202,354 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $7.27, for a total transaction of $8,741,113.58. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 7,048,487 shares of company stock valued at $54,295,119. Corporate insiders own 8.52% of the company’s stock.

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.