Aurora Innovation Inc (NASDAQ: AUR) Surprises Bears With Upbeat Outlook.

In the last trading session, 8.15 million shares of the Aurora Innovation Inc (NASDAQ:AUR) were traded, and its beta was 2.82. Most recently the company’s share price was $5.31, and it changed around -$0.24 or -4.32% from the last close, which brings the market valuation of the company to $8.95B. AUR currently trades at a discount to its 52-week high of $6.79, offering almost -27.87% off that amount. The share price’s 52-week low was $1.60, which indicates that the current value has risen by an impressive 69.87% since then. We note from Aurora Innovation Inc’s average daily trading volume that its 10-day average is 10.67 million shares, with the 3-month average coming to 9.85 million.

Aurora Innovation Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 1 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended AUR as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Aurora Innovation Inc is expected to report earnings per share of -0.11 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Aurora Innovation Inc (NASDAQ:AUR) trade information

Instantly AUR has showed a red trend with a performance of -4.32% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 5.99 on recent trading dayincreased the stock’s daily price by 11.35%. The company’s shares are currently up 21.51% year-to-date, but still down -10.30% over the last five days. On the other hand, Aurora Innovation Inc (NASDAQ:AUR) is 36.15% up in the 30-day period. We can see from the shorts that 90.17 million shares have been sold at a short interest cover period of 12.25 day(s).

Aurora Innovation Inc (AUR) estimates and forecasts

Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 15.40% in revenue this quarter, and will report an increase of 7.70% in the next quarter.

3 analysts expect Aurora Innovation Inc to make 1.1M in revenue for the current ending quarter.

AUR Dividends

Aurora Innovation Inc’s next quarterly earnings report is expected to be released in November.

Aurora Innovation Inc (NASDAQ:AUR)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 25.38% of Aurora Innovation Inc shares, and 63.04% of them are in the hands of institutional investors. The stock currently has a share float of 84.48%. Aurora Innovation Inc stock is held by 255.0 institutions, with T. ROWE PRICE INVESTMENT MANAGEMENT, INC. being the largest institutional investor. By 2024-06-30, it held 11.6163% of the shares, which is about 178.54 million shares worth $494.56 million.

VANGUARD GROUP INC, with 5.9976% or 92.18 million shares worth $255.35 million as of 2024-06-30, holds the second largest percentage of outstanding shares.