Streetbeat News

AUR

Aurora Innovation, Inc.

Industry

Information Technology Services

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 passenger vehicles, light commercial vehicles, and trucks. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.

Open

5.50

Mkt cap

9.6B

Volume

7.8M

High

5.62

P/E Ratio

-11.94

52-wk high

7.00

Low

5.33

Div yield

N/A

52-wk low

1.73

Aurora Innovation Inc. has delayed the commercial launch of its driverless trucks to April 2025 to ensure safety validation. Despite the delay, the company maintains a strong financial position with significant liquidity and plans to deploy up to 10 driverless trucks initially. Aurora has been actively hauling freight for pilot customers and has driven over 2.2 million commercial miles. The company's stock has seen a significant increase, closing 11.8% higher recently.

Portfolio Pulse from Anan Ashraf

November 02, 2024 | 6:30 am

U.S. stocks fell with the Nasdaq down 500 points. Uber shares dropped over 10% despite beating earnings expectations. Root, Alphatec, and Lemonade saw significant gains after positive earnings reports, while Matinas BioPharma, Aurora Innovation, and COMPASS Pathways experienced sharp declines.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 6:43 pm

TD Cowen analyst Jeffrey Osborne maintains a Hold rating on Aurora Innovation (NASDAQ:AUR) and raises the price target from $3 to $4.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 4:42 pm

The article highlights the intraday movements of several information technology stocks on Thursday. Notable gainers include Universal Security, Confluent, Twilio, CPS Technologies, Foxx Development Holdings, and OneSpan, all of which saw significant price increases following their Q3 earnings reports. On the other hand, Aurora Innovation, Aware, Ostin Technology Group, Iveda Solutions, Super Micro Computer, and LeddarTech Holdings experienced notable declines, also following their Q3 earnings announcements.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 4:33 pm

U.S. stocks traded lower with significant movements in Meta Platforms, Root, Alphatec Holdings, Matinas BioPharma, Aurora Innovation, and COMPASS Pathways. Meta's shares fell after Q3 results, while Root and Alphatec surged on positive earnings. Matinas, Aurora, and COMPASS Pathways saw declines due to negative news.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 4:04 pm

Several major stocks, including Estée Lauder, Robinhood, and eBay, are experiencing significant declines in pre-market trading. Estée Lauder's shares fell 17% after withdrawing FY25 guidance due to uncertainties in China and leadership changes. Other companies like Aurora Innovation, Roku, and Monolithic Power Systems also reported losses following earnings results.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:18 pm

Several information technology stocks experienced significant price movements in Thursday's pre-market session following the release of Q3 earnings reports. Notable gainers include Confluent, CPS Technologies, and Twilio, while Aurora Innovation, Aware, and Monolithic Power Systems were among the losers.

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 12:09 pm

Portfolio Pulse from Benzinga Insights

October 31, 2024 | 12:09 pm

Aurora Innovation's shares are declining after the company reported a Q3 EPS that missed expectations.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 11:13 am

Carvana Co. (NYSE:CVNA) shares surged over 20% in pre-market trading after reporting better-than-expected Q3 financial results, with revenue and earnings per share surpassing analyst estimates. Other notable pre-market movers include Root, Inc. (NASDAQ:ROOT) and Alphatec Holdings, Inc. (NASDAQ:ATEC), both rising significantly due to strong quarterly results.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 10:52 am

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