TD Cowen Has Lowered Expectations for Aurora Innovation (NASDAQ:AUR) Stock Price

Aurora Innovation (NASDAQ:AUR) had its target price reduced by equities research analysts at TD Cowen from $5.50 to $4.70 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. TD Cowen’s price target would suggest a potential upside of 4.91% from the company’s previous close.

A number of other equities analysts also recently issued reports on AUR. Cantor Fitzgerald restated an “overweight” rating on shares of Aurora Innovation in a research report on Monday, February 9th. Oppenheimer reissued an “outperform” rating and issued a $15.00 price target on shares of Aurora Innovation in a research note on Wednesday, October 29th. UBS Group restated an “underperform” rating on shares of Aurora Innovation in a report on Wednesday, October 29th. Needham & Company LLC reiterated a “buy” rating and set a $13.00 price objective on shares of Aurora Innovation in a report on Thursday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Aurora Innovation in a research report on Wednesday, January 21st. Five research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $9.96.

Aurora Innovation Trading Up 6.2%

Shares of AUR stock opened at $4.48 on Friday. The firm has a market capitalization of $8.67 billion, a price-to-earnings ratio of -9.96 and a beta of 2.47. The business’s 50-day moving average price is $4.33 and its 200-day moving average price is $4.95. Aurora Innovation has a 12 month low of $3.60 and a 12 month high of $10.77.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings data on Wednesday, February 11th. The company reported ($0.12) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.12). The business had revenue of $1.00 million during the quarter, compared to the consensus estimate of $1.47 million. On average, sell-side analysts predict that Aurora Innovation will post -0.49 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Christopher Urmson purchased 258,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The stock was acquired at an average price of $3.88 per share, for a total transaction of $1,001,040.00. Following the completion of the acquisition, the chief executive officer owned 258,000 shares of the company’s stock, valued at $1,001,040. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.85% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Aurora Innovation

Several large investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in shares of Aurora Innovation by 35.7% in the first quarter. Royal Bank of Canada now owns 227,475 shares of the company’s stock worth $1,530,000 after acquiring an additional 59,801 shares during the period. AQR Capital Management LLC lifted its holdings in Aurora Innovation by 9.4% during the 1st quarter. AQR Capital Management LLC now owns 166,257 shares of the company’s stock worth $1,118,000 after purchasing an additional 14,220 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Aurora Innovation by 6.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,046,760 shares of the company’s stock worth $13,764,000 after purchasing an additional 127,953 shares during the period. Janney Montgomery Scott LLC grew its holdings in Aurora Innovation by 72.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 49,710 shares of the company’s stock valued at $260,000 after buying an additional 20,900 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of Aurora Innovation by 20.7% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 64,934 shares of the company’s stock valued at $340,000 after buying an additional 11,136 shares during the period. 44.71% of the stock is currently owned by institutional investors.

Key Aurora Innovation News

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

• Positive Sentiment: Aurora completed a 1,000‑mile driverless run from Fort Worth to Phoenix, showcasing long‑haul capability that supports commercialization prospects and partner confidence. Aurora Adds 1,000-Mile Driverless Run from Fort Worth to Phoenix
• Positive Sentiment: Analyst support: Needham reaffirmed a “buy” and a $13 price target, signaling conviction in Aurora’s longer‑term upside and technology moat. Needham Reaffirms Buy
• Positive Sentiment: Industry analysis suggests competitive barriers are eroding in a way that can favor well‑capitalized early movers like Aurora, potentially improving TAM capture over time. Aurora Innovation: Barriers To Entry Are Fading
• Neutral Sentiment: Q4 2025 earnings call transcript is available for investors who want detail on cadence to revenue and commercialization milestones; use it to judge execution versus guidance. Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Recent coverage includes a valuation review as share swings have drawn attention; useful for investors reassessing risk/reward but not a direct catalyst. Assessing Aurora Innovation Valuation
• Neutral Sentiment: Short‑interest reports in the feed show zero and NaN values and are internally inconsistent; treat current short‑interest data as unreliable until exchanges publish corrected figures.
• Negative Sentiment: Aurora lowered FY‑2026 revenue guidance to roughly $14M–$16M versus consensus near $19.9M, signaling slower near‑term commercial traction and pressuring near‑term valuation and sentiment.
• Negative Sentiment: TD Cowen cut its price target from $5.50 to $4.70 and moved to a “hold” rating, which reduces near‑term sell‑side upside and may temper momentum. TD Cowen Lowers Target

Aurora Innovation Company Profile

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.