FY2024 Earnings Estimate for AUR Issued By Cantor Fitzgerald

Aurora Innovation, Inc. (NASDAQ:AUR) – Research analysts at Cantor Fitzgerald issued their FY2024 earnings per share (EPS) estimates for Aurora Innovation in a research report issued on Tuesday, December 10th. Cantor Fitzgerald analyst A. Sheppard forecasts that the company will post earnings per share of ($0.47) for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $10.00 price target on the stock.

Several other analysts have also recently commented on AUR. Canaccord Genuity Group reiterated a “buy” rating and issued a $7.00 price target on shares of Aurora Innovation in a research note on Monday, September 30th. The Goldman Sachs Group upped their target price on shares of Aurora Innovation from $2.00 to $2.50 and gave the company a “sell” rating in a research report on Monday, November 4th. TD Cowen upped their price target on shares of Aurora Innovation from $3.00 to $4.00 and gave the company a “hold” rating in a report on Thursday, October 31st. Evercore ISI upped their price target on shares of Aurora Innovation from $3.00 to $5.00 and gave the company an “in-line” rating in a report on Monday, October 14th. Finally, Wolfe Research initiated coverage on shares of Aurora Innovation in a research note on Tuesday, November 26th. They issued a “peer perform” rating on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, Aurora Innovation currently has a consensus rating of “Hold” and an average target price of $5.70.

Aurora Innovation Trading Down 0.1 %

NASDAQ:AUR opened at $7.36 on Thursday. Aurora Innovation has a 12 month low of $2.10 and a 12 month high of $8.05. The company has a 50 day simple moving average of $6.11 and a two-hundred day simple moving average of $4.56. The company has a market cap of $12.65 billion, a PE ratio of -15.02 and a beta of 2.86.

Insider Buying and Selling at Aurora Innovation

In related news, Director Gloria R. Boyland sold 30,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $6.30, for a total transaction of $189,000.00. Following the sale, the director now directly owns 344,647 shares of the company’s stock, valued at $2,171,276.10. This represents a 8.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Reid Hoffman sold 3,500,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $5.58, for a total transaction of $19,530,000.00. Following the completion of the sale, the director now directly owns 382,425 shares in the company, valued at approximately $2,133,931.50. This represents a 90.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,776,667 shares of company stock worth $48,432,337 in the last ninety days. 13.83% of the stock is owned by insiders.

Hedge Funds Weigh In On Aurora Innovation

Large investors have recently made changes to their positions in the stock. Sequoia Financial Advisors LLC purchased a new position in Aurora Innovation during the 2nd quarter valued at about $30,000. Profund Advisors LLC acquired a new position in Aurora Innovation during the second quarter valued at approximately $46,000. Vanguard Personalized Indexing Management LLC acquired a new position in Aurora Innovation during the second quarter valued at approximately $51,000. Nisa Investment Advisors LLC lifted its position in Aurora Innovation by 32.0% during the second quarter. Nisa Investment Advisors LLC now owns 19,412 shares of the company’s stock valued at $54,000 after buying an additional 4,702 shares in the last quarter. Finally, Diversified Portfolios Inc. acquired a new position in Aurora Innovation during the second quarter valued at approximately $54,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.

About Aurora Innovation

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.