Aurora (AUR)

• Market cap: $12.4B
• 1 day: 0.14%
• 5 days: 3.01%
• 1 month: 19.63%
• 3 months: 43.80%
• 6 months: 225.34%
• Year to date: 92.76%
• 1 year: 74.51%
• 5 years: -25.10%
• 10 years: -25.10%
• Sector: Information Technology
• Industry: Computer Integrated Systems Design

About: Aurora Innovation Inc is engaged in delivering self-driving technology safely, quickly, and broadly. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles, and underpins Aurora Horizon and Aurora Connect, its driver-as-a-service products for trucking and ride-hailing. The Company is developing the Aurora Driver, an advanced and scalable suite of self-driving hardware, software and data services designed as a platform to adapt and interoperate amongst vehicle types and applications.

Employees: 1,800

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

216% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 19

126% more capital invested

Capital invested by funds: $2.4B [Q2] → $5.43B (+$3.03B) [Q3]

114% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 42

84% more call options, than puts

Call options by funds: $19.3M | Put options by funds: $10.5M

22% more funds holding

Funds holding: 184 [Q2] → 225 (+41) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]

3.53% less ownership

Funds ownership: 73.13% [Q2] → 69.6% (-3.53%) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $2.50 65% downside
• Avg. target: $5.70 21% downside
• High target: $10 39% upside

5 analyst ratings

• positive: 2 40%
• neutral: 2 40%
• negative: 1 20%

Cantor Fitzgerald Andres Sheppard 85% 1-year accuracy 129 / 152 met price target	39% upside $10	Overweight Initiated	10 Dec 2024
Goldman Sachs Mark Delaney 58% 1-year accuracy 18 / 31 met price target	65% downside $2.50	Sell Maintained	4 Nov 2024
TD Cowen Jeffrey Osborne 28% 1-year accuracy 5 / 18 met price target	44% downside $4	Hold Maintained	31 Oct 2024
Evercore ISI Group Chris McNally 50% 1-year accuracy 3 / 6 met price target	30% downside $5	In-Line Maintained	14 Oct 2024
Canaccord Genuity George Gianarikas 52% 1-year accuracy 25 / 48 met price target	3% downside $7	Buy Maintained	30 Sept 2024