Aurora Innovation, Inc. (NASDAQ:AUR) Given Consensus Rating of “Hold” by Brokerages

Shares of Aurora Innovation, Inc. (NASDAQ:AUR) have been given a consensus rating of “Hold” by the seven analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $8.08.

Several equities research analysts recently commented on the company. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $10.00 price target on shares of Aurora Innovation in a report on Thursday, February 13th. Canaccord Genuity Group raised their target price on Aurora Innovation from $7.00 to $10.00 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Wolfe Research began coverage on Aurora Innovation in a report on Tuesday, November 26th. They set a “peer perform” rating on the stock. Morgan Stanley began coverage on shares of Aurora Innovation in a research report on Monday, March 3rd. They set an “overweight” rating and a $12.00 price objective for the company. Finally, Evercore ISI boosted their target price on shares of Aurora Innovation from $5.00 to $6.00 and gave the company an “in-line” rating in a report on Tuesday, February 18th.

Aurora Innovation Stock Up 7.5 %

Shares of AUR opened at $7.46 on Thursday. The firm’s fifty day moving average is $7.21 and its two-hundred day moving average is $6.44. The stock has a market cap of $12.98 billion, a PE ratio of -15.87 and a beta of 2.82. Aurora Innovation has a 52-week low of $2.10 and a 52-week high of $10.77.

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AUR. California State Teachers Retirement System raised its position in Aurora Innovation by 18.3% in the fourth quarter. California State Teachers Retirement System now owns 876,364 shares of the company’s stock valued at $5,521,000 after purchasing an additional 135,266 shares during the period. Castle Rock Wealth Management LLC purchased a new stake in shares of Aurora Innovation in the 4th quarter valued at $721,000. Mackenzie Financial Corp lifted its stake in Aurora Innovation by 314.2% during the 4th quarter. Mackenzie Financial Corp now owns 44,104 shares of the company’s stock worth $278,000 after acquiring an additional 33,456 shares in the last quarter. GTS Securities LLC lifted its stake in Aurora Innovation by 46.9% during the 4th quarter. GTS Securities LLC now owns 20,071 shares of the company’s stock worth $126,000 after acquiring an additional 6,407 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Aurora Innovation by 41.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,918,807 shares of the company’s stock valued at $12,088,000 after acquiring an additional 564,227 shares during the period. Hedge funds and other institutional investors own 44.71% of the company’s stock.

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.