What is Northland Securities' Forecast for AUR Q1 Earnings?

Key Points

• Northland Securities lowered its Q1 2027 EPS forecast for Aurora Innovation to a loss of $0.14 per share, from its previous estimate of $0.13. The firm projects full-year 2027 EPS of negative $0.53, with losses narrowing through 2029.
• Aurora’s latest quarterly results matched expectations, with a $0.12-per-share loss and $3.0 million in revenue, up 200% year over year. Despite the revenue growth, the company continues to report substantial losses and negative cash flow.
• Analyst sentiment remains mixed but leans positive: Aurora has a “Moderate Buy” consensus rating and an average price target of $12.56, although recent revenue guidance cuts and production bottlenecks pose risks to its driverless-truck rollout.

Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) - Northland Securities lowered their Q1 2027 earnings estimates for Aurora Innovation in a note issued to investors on Thursday, October 29th. Northland Securities analyst M. Latimore now forecasts that the company will post earnings per share of ($0.14) for the quarter, down from their prior estimate of ($0.13). The consensus estimate for Aurora Innovation's current full-year earnings is ($0.48) per share. Northland Securities also issued estimates for Aurora Innovation's Q2 2027 earnings at ($0.13) EPS, Q3 2027 earnings at ($0.13) EPS, Q4 2027 earnings at ($0.13) EPS, FY2027 earnings at ($0.53) EPS, FY2028 earnings at ($0.41) EPS and FY2029 earnings at ($0.34) EPS.

Aurora Innovation (NASDAQ:AUR - Get Free Report) last issued its earnings results on Wednesday, October 28th. The company reported ($0.12) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.12). The company had revenue of $3.00 million during the quarter, compared to analysts' expectations of $2.99 million. Aurora Innovation had a negative net margin of 13,328.57% and a negative return on equity of 48.39%. Aurora Innovation's revenue for the quarter was up 200.0% on a year-over-year basis.

Other analysts have also recently issued reports about the company. Oppenheimer raised their target price on Aurora Innovation from $15.00 to $16.00 and gave the company an "outperform" rating in a research report on Thursday, October 8th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Aurora Innovation in a research note on Thursday, October 15th. Evercore restated an "outperform" rating on shares of Aurora Innovation in a report on Tuesday, September 15th. Wall Street Zen cut Aurora Innovation from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 1st. Finally, The Goldman Sachs Group decreased their target price on Aurora Innovation from $7.00 to $6.00 and set a "neutral" rating for the company in a research note on Thursday. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, Aurora Innovation currently has an average rating of "Moderate Buy" and a consensus price target of $12.56.

Aurora Innovation Price Performance

NASDAQ AUR opened at $4.36 on Monday. The company has a market capitalization of $8.74 billion, a price-to-earnings ratio of -9.08 and a beta of 2.81. Aurora Innovation has a 12 month low of $3.60 and a 12 month high of $8.56. The company's fifty day moving average price is $5.70 and its two-hundred day moving average price is $5.61.

Hedge Funds Weigh In On Aurora Innovation

Several large investors have recently modified their holdings of the business. State Street Corp increased its position in shares of Aurora Innovation by 6.0% in the second quarter. State Street Corp now owns 22,922,729 shares of the company's stock valued at $156,333,000 after acquiring an additional 1,293,487 shares during the period. Bank of America Corp DE boosted its position in Aurora Innovation by 130.0% during the first quarter. Bank of America Corp DE now owns 30,036,169 shares of the company's stock valued at $123,749,000 after purchasing an additional 16,975,927 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Aurora Innovation by 4.3% in the first quarter. Dimensional Fund Advisors LP now owns 11,807,009 shares of the company's stock valued at $48,621,000 after purchasing an additional 490,659 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Aurora Innovation by 2,068.8% in the 1st quarter. Janus Henderson Group PLC now owns 11,243,080 shares of the company's stock valued at $46,319,000 after buying an additional 10,724,682 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new stake in shares of Aurora Innovation during the 2nd quarter worth about $25,893,000. Hedge funds and other institutional investors own 44.71% of the company's stock.

Insider Transactions at Aurora Innovation

In other news, Director Michelangelo Volpi sold 2,842,682 shares of Aurora Innovation stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $7.00, for a total transaction of $19,898,774.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 6,390,753 shares of company stock valued at $44,826,378 in the last quarter. Insiders own 8.52% of the company's stock.

Aurora Innovation News Summary

Here are the key news stories impacting Aurora Innovation this week:

• Positive Sentiment: Aurora is targeting production of approximately 20 driverless trucks per week by early December, more than 1,000 driverless trucks by the end of 2027, and 30,000 by 2030. Management also plans to expand a “driver-as-a-service” model, which could improve fleet utilization and support eventual profitability. Aurora outlines 20 trucks per week by early December
• Positive Sentiment: CEO Chris Urmson said autonomous trucks could potentially double customer profits and highlighted a favorable regulatory environment and the industry’s driver shortage. These comments reinforce the long-term market opportunity for Aurora’s technology. Driverless Trucks Can Double Profits, Says Aurora CEO
• Neutral Sentiment: Cantor Fitzgerald lowered its price target from $12 to $11 but maintained an “overweight” rating, implying substantial upside if Aurora successfully executes its production ramp. Cantor Fitzgerald rating
• Negative Sentiment: Aurora reduced its fiscal 2026 revenue guidance to $9 million, well below the $15.1 million analyst consensus. The company also reported third-quarter revenue of $3 million, a $257 million operating loss, a $234 million net loss, and negative operating cash flow of $170 million. Aurora 2026 revenue guidance
• Negative Sentiment: “Preproduction bottlenecks” are expected to delay Aurora’s driverless-truck ramp by roughly six weeks. The delay raises concerns about commercialization timing, revenue conversion and continued cash consumption. Aurora production bottlenecks

About Aurora Innovation

Aurora Innovation, Inc develops autonomous driving technology for commercial trucks and passenger vehicles. Its core product, the Aurora Driver, combines artificial intelligence, sensors, mapping, and vehicle-control software to enable vehicles to perceive their surroundings, plan routes, and operate with limited or no human intervention.

The company focuses initially on autonomous trucking and freight transportation, while also developing technology for passenger mobility applications.

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