Aurora Innovation (AUR) Set to Announce Quarterly Earnings on Wednesday

Posted by Doug Madison on May 6th, 2024

Aurora Innovation (NASDAQ:AUR – Get Free Report) is set to release its earnings data after the market closes on Wednesday, May 8th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Aurora Innovation (NASDAQ:AUR – Get Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The company reported ($0.13) earnings per share (EPS) for the quarter.

Aurora Innovation Trading Up 12.3 %

Shares of AUR opened at $3.29 on Monday. Aurora Innovation has a twelve month low of $1.30 and a twelve month high of $4.81. The firm has a market capitalization of $5.05 billion, a P/E ratio of -5.39 and a beta of 2.85. The stock’s fifty day simple moving average is $2.70 and its 200 day simple moving average is $2.81.

Insider Activity at Aurora Innovation

In related news, Director Reid Hoffman sold 592,249 shares of Aurora Innovation stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $2.77, for a total transaction of $1,640,529.73. Following the transaction, the director now owns 648,563 shares in the company, valued at approximately $1,796,519.51. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 13.83% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on AUR. TD Cowen cut their price objective on Aurora Innovation from $3.50 to $3.00 and set a “market perform” rating on the stock in a report on Friday, March 15th. Canaccord Genuity Group raised their price target on shares of Aurora Innovation from $5.50 to $6.00 and gave the company a “buy” rating in a report on Friday, March 15th.

Check Out Our Latest Research Report on AUR

About Aurora Innovation

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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.