Aurora Innovation (AUR) to Release Quarterly Earnings on Wednesday

Aurora Innovation (NASDAQ:AUR) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Parties that wish to register for the company’s conference call can do so using this link.

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

Aurora Innovation Stock Performance

Aurora Innovation stock opened at $3.29 on Monday. The firm has a market cap of $5.05 billion, a PE ratio of -5.39 and a beta of 2.85. The firm’s 50 day moving average price is $2.70 and its two-hundred day moving average price is $2.81. Aurora Innovation has a twelve month low of $1.30 and a twelve month high of $4.81.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Canaccord Genuity Group boosted their target price on shares of Aurora Innovation from $5.50 to $6.00 and gave the stock a “buy” rating in a research report on Friday, March 15th. TD Cowen decreased their target price on shares of Aurora Innovation from $3.50 to $3.00 and set a “market perform” rating for the company in a research report on Friday, March 15th.

Insiders Place Their Bets

In related news, Director Reid Hoffman sold 1,000,000 shares of the company’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $2.52, for a total transaction of $2,520,000.00. Following the completion of the sale, the director now directly owns 463,563 shares of the company’s stock, valued at approximately $1,168,178.76. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 13.83% of the company’s stock.

About Aurora Innovation

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.