Aurora Innovation (NASDAQ:AUR – Get a rating) saw its price target lowered by Goldman Sachs Group analysts from $4.00 to $2.50 in a report on Tuesday, Stock Target Advisor reports. The brokerage currently has a “neutral” rating on the stock. Goldman Sachs Group’s price target suggests upside potential of 13.64% from the stock’s previous close.
Separately, DA Davidson cut its price target on Aurora Innovation shares from $14.25 to $8.00 and set a “buy” rating on the stock in a Thursday, September 29 report.
Performance of Aurora Innovation shares
AUR stock traded down $0.08 at noon on Tuesday, hitting $2.20. 17,242 shares of the company were traded, compared to its average volume of 2,282,098. The company’s fifty-day moving average price is $2.56 and its 200-day moving average price is 3. $13. Aurora Innovation has a 52-week low of $1.84 and a 52-week high of $17.77.
Aurora Innovation (NASDAQ:AUR – Get Rating) last released quarterly earnings data on Wednesday, August 3. The company reported ($0.14) earnings per share (EPS) for the quarter. The company had revenue of $20.73 million for the quarter.
Institutional investors weigh in on Aurora Innovation
Institutional investors have recently increased or reduced their stake in the company. Fifth Third Bancorp bought a new position in Aurora Innovation stock in the first quarter for about $28,000. Exos Asset Management LLC increased its stake in Aurora Innovation by 57.3% in the first quarter. Exos Asset Management LLC now owns 18,023 shares of the company worth $101,000 after acquiring an additional 6,563 shares during the period. Tradewinds Capital Management LLC acquired a new stake in Aurora Innovation in the first quarter valued at $95,000. Ovata Capital Management Ltd acquired a new stake in Aurora Innovation in the first quarter worth $25,000. Finally, Privium Fund Management BV acquired a new stake in Aurora Innovation in the first quarter worth $555,000. 46.42% of the shares are held by hedge funds and other institutional investors.
Aurora Innovation Company Profile
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Aurora Innovation, Inc operates as a standalone technology company in the United States. He focuses on the development of Aurora Driver, a platform that brings together a suite of hardware, software and autonomous data services to adapt and interact with passenger vehicles, light commercial vehicles and trucks.
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