Last Updated: 10 Nov 2024
Executive Summary
Aurora Innovation Inc. (AUR) is a technology company specializing in autonomous vehicle development. As of the latest stock price of $5.61, AUR has a market capitalization of $9.64 billion. Despite strong revenue growth, the company continues to operate at a loss, with a negative EPS of -$0.47. Analysts remain cautious, with a mix of Buy and Hold ratings.
Company Overview
Aurora Innovation was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania. The company develops and markets autonomous driving systems for commercial vehicles. Aurora's technology is designed to enhance safety, efficiency, and productivity in the transportation industry.
Fundamental Analysis
Revenue: AUR has experienced significant revenue growth in recent quarters. Revenue for the trailing twelve months (TTM) is $2 million, representing a 0.91% decrease year-over-year.
Earnings: AUR is currently operating at a loss. The diluted EPS for the TTM is -$0.47.
Profitability: The company's profit margin and operating margin are both 0%.
Return on Assets (ROA): AUR's ROA for the TTM is -0.212.
Return on Equity (ROE): The company's ROE for the TTM is -0.36.
Technical Analysis
Moving Averages: The 50-day moving average is $5.47, and the 200-day moving average is $3.649.
Support and Resistance Levels: The stock is currently trading above its 200-day moving average, indicating potential support. The next resistance level is around $7.00.
Short Term Outlook
In the short term, AUR's stock price is expected to remain volatile. The company's ongoing losses and lack of profitability are likely to weigh on investor sentiment. However, the company's strong revenue growth and potential for future profitability could provide support for the stock.
Long Term Outlook
The long-term outlook for AUR is uncertain. The company is operating in a highly competitive market, and it remains to be seen whether it can achieve profitability and become a major player in the autonomous vehicle industry. However, the company's strong technology and partnerships with major automakers could provide it with a competitive advantage in the long run.
Analyst Recommendations
Analysts are divided on AUR's stock. One analyst has a Buy rating, three have Hold ratings, and one has a Sell rating. The average analyst target price is $4.63.
