While Aurora Innovation Inc has underperformed by -6.77%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, AUR rose by 39.14%, with highs and lows ranging from $8.44 to $2.10, whereas the simple moving average jumped by 50.46% in the last 200 days.
On December 10, 2024, Cantor Fitzgerald started tracking Aurora Innovation Inc (NASDAQ: AUR) recommending Overweight. A report published by Wolfe Research on November 26, 2024, Initiated its previous ‘Peer Perform’ rating for AUR. Goldman also Downgraded AUR shares as ‘Sell’, setting a target price of $2 on the company’s shares in a report dated January 03, 2024. TD Cowen Initiated an Market Perform rating on September 19, 2023, and assigned a price target of $3. Evercore ISI initiated its ‘In-line’ rating for AUR, as published in its report on September 12, 2023. Canaccord Genuity’s report from June 07, 2023 suggests a price prediction of $5 for AUR shares, giving the stock a ‘Buy’ rating. Goldman also rated the stock as ‘Neutral’.
Analysis of Aurora Innovation Inc (AUR)
In order to gain a clear picture of Aurora Innovation Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -35.98% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 13.71, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 10.60M can be a very valuable indicator of volatility for AUR stock. On a monthly basis, the volatility of the stock is set at 9.07%, whereas on a weekly basis, it is put at 6.37%, with a loss of -10.01% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.35, showing decline from the present price of $6.47, which can serve as yet another indication of whether AUR is worth investing in or should be passed over.
How Do You Analyze Aurora Innovation Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 43.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 50.90% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
AUR shares are owned by institutional investors to the tune of 50.90% at present.
