Why Should You Invest In Aurora Innovation Inc (NASDAQ: AUR)?

In the last trading session, 15.93 million Aurora Innovation Inc (NASDAQ:AUR) shares changed hands as the company’s beta touched 2.77. With the company’s per share price at $7.26 changed hands at $0.38 or 5.52% during last session, the market valuation stood at $12.83B. AUR’s last price was a discount, traded about -48.35% 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 71.07% up since then. When we look at Aurora Innovation Inc’s average trading volume, we note the 10-day average is 11.54 million shares, with the 3-month average coming to 13.94 million.

Aurora Innovation Inc (NASDAQ:AUR) trade information

Instantly AUR was in green as seen at the end of in last trading. With action 27.15%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 15.24%, with the 5-day performance at 27.15% in the green. However, in the 30-day time frame, Aurora Innovation Inc (NASDAQ:AUR) is -2.68% down. Looking at the short shares, we see there were 91.47 million shares sold at short interest cover period of 6.82 days.

The consensus price target for the stock as assigned by Wall Street analysts is 12, meaning bulls need an upside of 39.5% 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 -65.29% plunge from its current level, while the stock would need to soar -65.29% for it to hit the projected low.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 160k. 5 analysts are of the opinion that Aurora Innovation Inc’s revenue for the current quarter will be 562k. 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 -2.66%, but the outlook for the next 5-year period is at 5.74% 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 27.38% of Aurora Innovation Inc shares while 68.24% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 93.96%. There are 68.24% 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 5.932% 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 T. ROWE PRICE CAPITAL APPRECIATION Fd., INC.-T. Rowe Price Capital App and GROWTH FUND OF AMERICA . With 133.97 shares estimated at $972.65 million under it, the former controlled 9.46% of total outstanding shares. On the other hand, GROWTH FUND OF AMERICA held about 2.42% of the shares, roughly 34.23 shares worth around $248.52 million.