FY2025 Earnings Forecast for AUR Issued By Cantor Fitzgerald

Aurora Innovation, Inc. (NASDAQ:AUR) – Research analysts at Cantor Fitzgerald raised their FY2025 EPS estimates for Aurora Innovation in a note issued to investors on Wednesday, October 29th. Cantor Fitzgerald analyst A. Sheppard now forecasts that the company will post earnings of ($0.46) per share for the year, up from their prior forecast of ($0.49). The consensus estimate for Aurora Innovation’s current full-year earnings is ($0.49) per share. Cantor Fitzgerald also issued estimates for Aurora Innovation’s FY2026 earnings at ($0.48) EPS.

AUR has been the subject of several other reports. Cowen reiterated a “hold” rating on shares of Aurora Innovation in a research note on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and set a $15.00 price objective on shares of Aurora Innovation in a research note on Wednesday. Oppenheimer reiterated an “outperform” rating and set a $15.00 price objective on shares of Aurora Innovation in a report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Aurora Innovation in a report on Wednesday, October 8th. Finally, TD Cowen dropped their price target on shares of Aurora Innovation from $7.40 to $5.50 and set a “hold” rating for the company in a research report on Thursday. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Aurora Innovation currently has an average rating of “Hold” and a consensus price target of $10.44.

Aurora Innovation Stock Up 2.7%

Shares of Aurora Innovation stock opened at $5.24 on Friday. Aurora Innovation has a fifty-two week low of $4.75 and a fifty-two week high of $10.77. The business’s fifty day moving average is $5.53 and its two-hundred day moving average is $5.91. The firm has a market cap of $9.67 billion, a PE ratio of -11.64 and a beta of 2.45.

Aurora Innovation (NASDAQ:AUR) last announced its earnings results on Tuesday, October 28th. The company reported ($0.11) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.01. The firm had revenue of $1.00 million for the quarter, compared to analyst estimates of $1.23 million. During the same quarter last year, the business posted ($0.13) EPS.

Hedge Funds Weigh In On Aurora Innovation

Several hedge funds and other institutional investors have recently made changes to their positions in the business. United Bank increased its holdings in Aurora Innovation by 17.0% in the 1st quarter. United Bank now owns 13,064 shares of the company’s stock valued at $88,000 after purchasing an additional 1,900 shares in the last quarter. Grimes & Company Inc. grew its stake in shares of Aurora Innovation by 18.2% in the second quarter. Grimes & Company Inc. now owns 13,000 shares of the company’s stock valued at $68,000 after buying an additional 2,000 shares in the last quarter. Western Wealth Management LLC raised its holdings in shares of Aurora Innovation by 4.4% during the 2nd quarter. Western Wealth Management LLC now owns 47,930 shares of the company’s stock valued at $251,000 after buying an additional 2,000 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Aurora Innovation by 3.0% during the 1st quarter. Principal Financial Group Inc. now owns 70,652 shares of the company’s stock valued at $475,000 after buying an additional 2,061 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in Aurora Innovation by 37.2% during the 1st 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.

Insider Transactions at Aurora Innovation

In other Aurora Innovation news, Director Brittany Bagley sold 50,000 shares of Aurora Innovation stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $5.39, for a total transaction of $269,500.00. Following the transaction, the director directly owned 398,372 shares of the company’s stock, valued at $2,147,225.08. The trade was a 11.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John J. Donahoe acquired 162,337 shares of the firm’s stock in a transaction on Wednesday, August 6th. The shares were acquired at an average price of $6.10 per share, with a total value of $990,255.70. Following the completion of the purchase, the director owned 162,337 shares of the company’s stock, valued at $990,255.70. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 11.85% of the stock is currently owned by insiders.

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.