Analysts Set Aurora Innovation, Inc. (NASDAQ:AUR) PT at $6.50

Aurora Innovation, Inc. (NASDAQ:AUR) has earned an average recommendation of “Hold” from the six analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $6.50.

A number of equities research analysts have issued reports on the stock. Wolfe Research assumed coverage on shares of Aurora Innovation in a research report on Tuesday, November 26th. They issued a “peer perform” rating for the company. Canaccord Genuity Group upped their price objective on shares of Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Evercore ISI upped their price objective on shares of Aurora Innovation from $5.00 to $6.00 and gave the stock an “in-line” rating in a research report on Tuesday, February 18th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $10.00 price objective on shares of Aurora Innovation in a research report on Thursday, February 13th. Finally, The Goldman Sachs Group upped their price objective on shares of Aurora Innovation from $2.00 to $2.50 and gave the stock a “sell” rating in a research report on Monday, November 4th.

Aurora Innovation Price Performance

AUR opened at $7.27 on Friday. Aurora Innovation has a fifty-two week low of $2.10 and a fifty-two week high of $10.77. The firm has a market capitalization of $12.65 billion, a PE ratio of -15.47 and a beta of 2.85. The company’s 50-day moving average is $7.24 and its 200 day moving average is $6.16.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings data on Wednesday, February 12th. The company reported ($0.11) earnings per share (EPS) for the quarter. As a group, analysts expect that Aurora Innovation will post -0.49 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AUR. Creative Planning bought a new position in shares of Aurora Innovation during the 3rd quarter valued at approximately $652,000. Sterling Investment Advisors Ltd. bought a new position in shares of Aurora Innovation during the 3rd quarter valued at approximately $1,184,000. Vanguard Capital Wealth Advisors bought a new position in shares of Aurora Innovation during the 3rd quarter valued at approximately $266,000. Harbor Capital Advisors Inc. grew its position in shares of Aurora Innovation by 22.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 160,259 shares of the company’s stock valued at $949,000 after acquiring an additional 29,106 shares during the period. Finally, ASB Consultores LLC lifted its stake in shares of Aurora Innovation by 24.0% during the 3rd quarter. ASB Consultores LLC now owns 15,955 shares of the company’s stock valued at $94,000 after buying an additional 3,088 shares in the last quarter. 44.71% of the stock is owned by institutional investors.

Aurora Innovation Company Profile

Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.