Aurora Innovation, Inc. (NASDAQ:AUR) Receives $10.54 Consensus Target Price from Analysts

Shares of Aurora Innovation, Inc. (NASDAQ:AUR) have been assigned a consensus recommendation of “Hold” from the eight analysts that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $10.54.

AUR has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aurora Innovation in a research report on Monday, April 20th. The Goldman Sachs Group increased their price objective on Aurora Innovation from $4.00 to $5.00 and gave the company a “neutral” rating in a research report on Friday, April 17th. Wall Street Zen cut Aurora Innovation from a “hold” rating to a “sell” rating in a research report on Sunday, April 26th. Cantor Fitzgerald reissued an “overweight” rating on shares of Aurora Innovation in a research report on Monday, February 9th. Finally, TD Cowen reduced their price objective on Aurora Innovation from $5.50 to $4.70 and set a “hold” rating for the company in a research report on Friday, February 13th.

Aurora Innovation News Summary

Here are the key news stories impacting Aurora Innovation this week:

• Positive Sentiment: Hirschbach announced plans to deploy 500 Aurora Driver-equipped trucks, creating a potential multi-year revenue stream in the “hundreds of millions” range and accelerating Aurora’s path to scale. Hirschbach Announces Plan to Deploy 500 Aurora Autonomous Trucks
• Positive Sentiment: Multiple business and financial outlets highlighted the expanded Hirschbach partnership and estimated significant revenue upside, helping drive the stock rally as investors price in a material commercial contract. Stock Market Today, April 30: Aurora Innovation Jumps on Hirschbach’s 500-Truck Autonomous Freight Plan
• Neutral Sentiment: Industry analysis notes Aurora may be approaching a commercial inflection in autonomous trucking, but execution, timing and margin realization remain uncertain — analysts view the opportunity as high reward but still risky. Aurora Innovation: Autonomous Trucking Nears Commercial Inflection
• Negative Sentiment: Near-term fundamentals remain weak: Aurora is still unprofitable and its most recent quarter showed revenue below analyst estimates, underscoring that commercial deals must scale to materially improve financials.
• Negative Sentiment: Execution and timing risk — delivering, validating and monetizing 500 autonomous trucks (and expanding beyond that) will require capital, regulatory progress and sustained operational performance; failure or delays could reverse the rally.

Aurora Innovation Stock Up 15.5%

Shares of Aurora Innovation stock opened at $5.88 on Friday. The stock has a market capitalization of $11.46 billion, a P/E ratio of -13.07 and a beta of 2.44. The stock has a 50 day moving average price of $4.55 and a two-hundred day moving average price of $4.48. Aurora Innovation has a 12-month low of $3.60 and a 12-month high of $8.25.

Aurora Innovation (NASDAQ:AUR) last announced its earnings results on Wednesday, February 11th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.12). The company had revenue of $1.00 million for the quarter, compared to the consensus estimate of $1.47 million. Sell-side analysts anticipate that Aurora Innovation will post -0.47 earnings per share for the current year.

Institutional Investors Weigh In On Aurora Innovation

Several hedge funds have recently modified their holdings of AUR. Capital Research Global Investors boosted its position in shares of Aurora Innovation by 35.9% in the third quarter. Capital Research Global Investors now owns 71,298,585 shares of the company’s stock valued at $384,299,000 after acquiring an additional 18,820,542 shares during the period. Vanguard Group Inc. boosted its position in shares of Aurora Innovation by 12.5% in the fourth quarter. Vanguard Group Inc. now owns 160,567,323 shares of the company’s stock valued at $616,579,000 after acquiring an additional 17,818,179 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of Aurora Innovation by 6.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 274,809,541 shares of the company’s stock valued at $1,055,269,000 after acquiring an additional 16,933,373 shares during the period. SG Americas Securities LLC raised its stake in shares of Aurora Innovation by 6,824.0% in the fourth quarter. SG Americas Securities LLC now owns 9,645,035 shares of the company’s stock valued at $37,037,000 after purchasing an additional 9,505,736 shares in the last quarter. Finally, SC US Ttgp LTD. acquired a new position in shares of Aurora Innovation in the fourth quarter valued at $33,830,000. 44.71% of the stock is owned by institutional investors.

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.