In today’s recent session, 1.88 million shares of the Aurora Innovation Inc (NASDAQ:AUR) have been traded, and its beta is 2.77. Most recently the company’s share price was $7.62, and it changed around $0.39 or 5.46% from the last close, which brings the market valuation of the company to $13.27B. AUR at last check was trading at a discount to its 52-week high of $10.77, offering almost -41.34% off that amount. The share price’s 52-week low was $2.10, which indicates that the recent value has risen by an impressive 72.44% since then. We note from Aurora Innovation Inc’s average daily trading volume that its 10-day average is 12.45 million shares, with the 3-month average coming to 14.64 million.
Aurora Innovation Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.14. If we narrow it down even further, the data shows that 0 out of 8 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 4 recommended AUR as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. Aurora Innovation Inc is expected to report earnings per share of 0 for the current quarter.
Aurora Innovation Inc (NASDAQ:AUR) trade information
Instantly AUR has been showing a green trend so far today with a performance of 5.46% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 7.75 on recent trading dayincreased the stock’s daily price by 1.68%. The company’s shares are currently up 21.03% year-to-date, but still up 9.40% over the last five days. On the other hand, Aurora Innovation Inc (NASDAQ:AUR) is 2.69% up in the 30-day period. We can see from the shorts that 89.09 million shares have been sold at a short interest cover period of 5.68 day(s).
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 36.5% from its current value. Analyst projections state that AUR is forecast to be at a low of $12 and a high of $12.
Aurora Innovation Inc (AUR) estimates and forecasts
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of 266.67k in revenue for the current quarter. 3 analysts expect Aurora Innovation Inc to make 636.67k in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -24.76%. Aurora Innovation Inc earnings are expected to increase by -3.26% in 2025, but the outlook is positive 8.19% per year for the next five years.
Aurora Innovation Inc (NASDAQ:AUR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 27.88% of Aurora Innovation Inc shares, and 69.49% of them are in the hands of institutional investors. The stock currently has a share float of 96.36%. Aurora Innovation Inc stock is held by 357.0 institutions, with T. ROWE PRICE INVESTMENT MANAGEMENT, INC. being the largest institutional investor. By 2024-06-30, it held 11.4892% 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.
T. Rowe Price Capital Appreciation Fund and GROWTH FUND OF AMERICA were the top two Mutual Funds as of Dec 31, 2024. The former held 133.97 shares worth $1.02 billion, making up 9.64% of all outstanding shares. On the other hand, GROWTH FUND OF AMERICA held roughly 34.24 shares worth around $260.76 million, which represents about 2.46% of the total shares outstanding.
