Aurora Innovation (NASDAQ:AUR - Get Free Report) announced its quarterly earnings data on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by ($0.01), Zacks reports.
Aurora Innovation Stock Down 6.1 %
Shares of AUR traded down $0.47 during trading hours on Friday, reaching $7.28. The company's stock had a trading volume of 19,066,098 shares, compared to its average volume of 11,999,709. The company has a 50 day moving average of $6.76 and a two-hundred day moving average of $6.82. The firm has a market cap of $12.67 billion, a price-to-earnings ratio of -15.49 and a beta of 2.76. Aurora Innovation has a 1-year low of $2.10 and a 1-year high of $10.77.
Analyst Ratings Changes
AUR has been the topic of several recent research reports. Oppenheimer assumed coverage on shares of Aurora Innovation in a research report on Thursday, March 27th. They issued an "outperform" rating and a $15.00 price target on the stock. Canaccord Genuity Group lifted their target price on Aurora Innovation from $10.00 to $15.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. The Goldman Sachs Group raised Aurora Innovation from a "sell" rating to a "neutral" rating and upped their target price for the company from $3.00 to $6.00 in a report on Thursday, April 10th. Needham & Company LLC lifted their price target on Aurora Innovation from $10.00 to $13.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Morgan Stanley assumed coverage on shares of Aurora Innovation in a research note on Monday, March 3rd. They set an "overweight" rating and a $12.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Aurora Innovation has an average rating of "Moderate Buy" and an average price target of $10.63.
Check Out Our Latest Report on Aurora Innovation
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.
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