Aurora Innovation (NASDAQ:AUR) Stock Gets Price Target Reduction from Cantor Fitzgerald

Aurora Innovation (NASDAQ:AUR) had its price objective trimmed by Cantor Fitzgerald from $12.00 to $11.00 in a research note released on Thursday morning, Marketbeat reports. The brokerage currently has an overweight rating on the stock.

Several other research analysts also recently commented on the company. Evercore reissued an “outperform” rating on shares of Aurora Innovation in a research note on Tuesday, September 15th. Morgan Stanley lifted their target price on shares of Aurora Innovation from $14.00 to $18.00 and gave the stock an “overweight” rating in a research note on Friday, September 11th. Wall Street Zen lowered shares of Aurora Innovation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 1st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aurora Innovation in a research report on Thursday, October 15th. Finally, Zacks Research cut shares of Aurora Innovation from a “hold” rating to a “strong sell” rating in a research report on Monday, October 12th. 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’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $12.56.

Aurora Innovation Stock Down 1.1%

Shares of Aurora Innovation stock opened at $4.36 on Thursday. Aurora Innovation has a 52 week low of $3.60 and a 52 week high of $8.56. The firm has a market capitalization of $8.74 billion, a P/E ratio of -9.08 and a beta of 2.69. The company has a 50 day moving average price of $5.70 and a 200 day moving average price of $5.61.

Aurora Innovation (NASDAQ:AUR) last posted its quarterly earnings data on Wednesday, October 28th. The company reported ($0.12) EPS for the quarter, hitting the consensus estimate of ($0.12). The business had revenue of $3.00 million during the quarter, compared to the consensus estimate of $2.99 million. Aurora Innovation had a negative net margin of 13,328.57% and a negative return on equity of 48.39%. The firm’s revenue was up 200.0% compared to the same quarter last year. As a group, research analysts anticipate that Aurora Innovation will post -0.48 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Aurora Innovation news, Director Michelangelo Volpi sold 2,842,682 shares of the business’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $7.00, for a total transaction of $19,898,774.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 6,390,753 shares of company stock worth $44,826,378 in the last quarter. Company 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 modified their holdings of AUR. Next Level Wealth Planning LLC acquired a new position in Aurora Innovation during the third quarter worth $39,000. True Freedom Investing LLC purchased a new position in shares of Aurora Innovation during the third quarter worth $86,000. Pinkerton Wealth LLC purchased a new position in shares of Aurora Innovation during the third quarter worth $68,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Aurora Innovation in the third quarter valued at $1,439,000. Finally, MGO One Seven LLC grew its stake in shares of Aurora Innovation by 19.7% in the third quarter. MGO One Seven LLC now owns 19,329 shares of the company’s stock valued at $107,000 after buying an additional 3,176 shares in the last quarter. 44.71% of the stock is owned by institutional investors and hedge funds.

Key Aurora Innovation News

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

• Positive Sentiment: Aurora is targeting production of approximately 20 driverless trucks per week by early December, more than 1,000 driverless trucks by the end of 2027, and 30,000 by 2030. Management also plans to expand a “driver-as-a-service” model, which could improve fleet utilization and support eventual profitability. Aurora outlines 20 trucks per week by early December
• Positive Sentiment: CEO Chris Urmson said autonomous trucks could potentially double customer profits and highlighted a favorable regulatory environment and the industry’s driver shortage. These comments reinforce the long-term market opportunity for Aurora’s technology. Driverless Trucks Can Double Profits, Says Aurora CEO
• Neutral Sentiment: Cantor Fitzgerald lowered its price target from $12 to $11 but maintained an “overweight” rating, implying substantial upside if Aurora successfully executes its production ramp. Cantor Fitzgerald rating
• Negative Sentiment: Aurora reduced its fiscal 2026 revenue guidance to $9 million, well below the $15.1 million analyst consensus. The company also reported third-quarter revenue of $3 million, a $257 million operating loss, a $234 million net loss, and negative operating cash flow of $170 million. Aurora 2026 revenue guidance
• Negative Sentiment: “Preproduction bottlenecks” are expected to delay Aurora’s driverless-truck ramp by roughly six weeks. The delay raises concerns about commercialization timing, revenue conversion and continued cash consumption. Aurora production bottlenecks

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.