Now Is The Time To Build A Position In Aurora Innovation Inc (NASDAQ:AUR)

In the last trading session, 9.37 million Aurora Innovation Inc (NASDAQ:AUR) shares changed hands as the company’s beta touched 2.78. With the company’s per share price at $6.97 changed hands at $0.0 or 0.00% during last session, the market valuation stood at $12.13B. AUR’s last price was a discount, traded about -54.52% off its 52-week high of $10.77. The share price had its 52-week low at $2.10, which suggests the last value was 69.87% up since then. When we look at Aurora Innovation Inc’s average trading volume, we note the 10-day average is 13.41 million shares, with the 3-month average coming to 14.87 million.

Aurora Innovation Inc (NASDAQ:AUR) trade information

The company’s shares are showing year-to-date upside of 10.63%, with the 5-day performance at 9.59% in the green. However, in the 30-day time frame, Aurora Innovation Inc (NASDAQ:AUR) is -26.01% down. Looking at the short shares, we see there were 89.09 million shares sold at short interest cover period of 5.68 days.

The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 41.92% from its current market value. According to analyst projections, AUR’s forecast low is 12 with 12 as the target high. To hit the forecast high, the stock’s price needs a -72.17% plunge from its current level, while the stock would need to soar -72.17% for it to hit the projected low.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 266.67k. 3 analysts are of the opinion that Aurora Innovation Inc’s revenue for the current quarter will be 636.67k. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -24.76%. The 2025 estimates are for Aurora Innovation Inc earnings to decrease by -3.26%, but the outlook for the next 5-year period is at 8.19% per year.

AUR Dividends

Aurora Innovation Inc is expected to release its next quarterly earnings report on 2025-Feb-11.

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

If we look at who the major shareholders are, we find that insiders hold 27.88% of Aurora Innovation Inc shares while 69.49% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.36%. There are 69.49% institutions holding the Aurora Innovation Inc stock share, with T. ROWE PRICE INVESTMENT MANAGEMENT, INC. the top institutional holder. As of 2024-06-30, the company held 11.4892% of the shares, roughly 178.54 million AUR shares worth $494.56 million.

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

Among Mutual Funds, the top two as of Dec 31, 2024 were Price (T.Rowe) Capital Appreciation Fund and Growth Fund of America Inc . With 133.97 shares estimated at $933.8 million under it, the former controlled 9.64% of total outstanding shares. On the other hand, Growth Fund of America Inc held about 2.46% of the shares, roughly 34.24 shares worth around $238.67 million.