AUR Stock Earnings Estimates Reduced by Northland Securities

Aurora Innovation, Inc. (NASDAQ:AUR) – Research analysts at Northland Securities cut their Q1 2027 earnings per share estimates for shares of Aurora Innovation in a research report issued to clients and investors on Thursday, October 29th. Northland Securities analyst M. Latimore now expects that the company will post earnings of ($0.14) per share for the quarter, down from their previous forecast of ($0.13). The consensus estimate for Aurora Innovation’s current full-year earnings is ($0.48) per share. Northland Securities also issued estimates for Aurora Innovation’s Q2 2027 earnings at ($0.13) EPS, Q3 2027 earnings at ($0.13) EPS, Q4 2027 earnings at ($0.13) EPS, FY2027 earnings at ($0.53) EPS, FY2028 earnings at ($0.41) EPS and FY2029 earnings at ($0.34) EPS.

Several other equities research analysts have also weighed in on the stock. Zacks Research lowered shares of Aurora Innovation from a “hold” rating to a “strong sell” rating in a report on Monday, October 12th. Oppenheimer increased their target price on shares of Aurora Innovation from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Thursday, October 8th. Needham & Company LLC cut their price target on shares of Aurora Innovation from $13.00 to $10.00 and set a “buy” rating for the company in a report on Thursday. Canaccord Genuity Group boosted their price target on shares of Aurora Innovation from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Thursday, September 24th. Finally, The Goldman Sachs Group decreased their price objective on shares of Aurora Innovation from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Thursday. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $12.56.

Aurora Innovation Price Performance

Shares of NASDAQ AUR opened at $4.23 on Monday. The business has a fifty day moving average of $5.65 and a two-hundred day moving average of $5.61. Aurora Innovation has a 52-week low of $3.60 and a 52-week high of $8.56.

Aurora Innovation (NASDAQ:AUR) last released its quarterly earnings data on Wednesday, October 28th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.12). Aurora Innovation had a negative return on equity of 47.05% and a negative net margin of 13,328.57%. The firm had revenue of $3.00 million during the quarter, compared to analyst estimates of $2.99 million. Aurora Innovation’s quarterly revenue was up 200.0% compared to the same quarter last year.

Insider Transactions at Aurora Innovation

In other Aurora Innovation news, Director Michelangelo Volpi sold 2,842,682 shares of Aurora Innovation stock in a transaction on Monday, August 17th. The stock was sold at an average price of $7.00, for a total value of $19,898,774.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders sold 6,390,753 shares of company stock valued at $44,826,378. Insiders own 8.52% of the company’s stock.

Institutional Trading of Aurora Innovation

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp lifted its position in Aurora Innovation by 6.0% during the 2nd quarter. State Street Corp now owns 22,922,729 shares of the company’s stock worth $156,333,000 after buying an additional 1,293,487 shares in the last quarter. Bank of America Corp DE increased its position in Aurora Innovation by 130.0% in the 1st quarter. Bank of America Corp DE now owns 30,036,169 shares of the company’s stock valued at $123,749,000 after acquiring an additional 16,975,927 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Aurora Innovation by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,807,009 shares of the company’s stock valued at $48,621,000 after acquiring an additional 490,659 shares in the last quarter. Janus Henderson Group PLC increased its position in Aurora Innovation by 2,068.8% in the 1st quarter. Janus Henderson Group PLC now owns 11,243,080 shares of the company’s stock valued at $46,319,000 after acquiring an additional 10,724,682 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new stake in Aurora Innovation in the 2nd quarter valued at about $25,893,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.

Aurora Innovation Company Profile

Aurora Innovation, Inc develops autonomous driving technology for commercial trucks and passenger vehicles. Its core product, the Aurora Driver, combines artificial intelligence, sensors, mapping, and vehicle-control software to enable vehicles to perceive their surroundings, plan routes, and operate with limited or no human intervention.

The company focuses initially on autonomous trucking and freight transportation, while also developing technology for passenger mobility applications.