Aurora Innovation (AUR) Set to Announce Earnings on Wednesday

Aurora Innovation (NASDAQ:AUR) is scheduled to announce its earnings results after the market closes on Wednesday, October 30th. Investors that wish to listen to the company’s conference call can do so using this link.

Aurora Innovation (NASDAQ:AUR) last issued its quarterly earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.01.

Aurora Innovation Stock Up 6.9 %

Shares of AUR stock opened at $6.85 on Tuesday. The business has a 50-day moving average price of $5.11 and a two-hundred day moving average price of $3.80. Aurora Innovation has a 12-month low of $1.60 and a 12-month high of $6.93. The firm has a market cap of $10.75 billion, a P/E ratio of -14.10 and a beta of 2.80.

Analysts Set New Price Targets

Several equities research analysts have issued reports on AUR shares. Evercore ISI lifted their price target on Aurora Innovation from $3.00 to $5.00 and gave the stock an “in-line” rating in a research note on Monday, October 14th. Canaccord Genuity Group reiterated a “buy” rating and issued a $7.00 price objective on shares of Aurora Innovation in a report on Monday, September 30th.

Aurora Innovation Company Profile

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.