Aurora Innovation (NASDAQ:AUR) Earns Buy Rating from Needham & Company LLC

Posted by Brenda Bartman on Sep 24th, 2026

Aurora Innovation (NASDAQ:AUR – Get Free Report)‘s stock had its “buy” rating reiterated by equities researchers at Needham & Company LLC in a research report issued to clients and investors on Thursday, Benzinga reports. They currently have a $13.00 price objective on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 112.14% from the stock’s previous close.

A number of other equities analysts also recently commented on AUR. Craig Hallum began coverage on shares of Aurora Innovation in a research note on Friday, June 5th. They issued a “buy” rating and a $18.00 target price on the stock. The Goldman Sachs Group reiterated a “neutral” rating and set a $7.00 price objective on shares of Aurora Innovation in a research note on Thursday. Northland Securities initiated coverage on shares of Aurora Innovation in a research note on Friday, May 29th. They set an “outperform” rating and a $11.00 price objective on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Aurora Innovation in a research note on Friday, July 17th. Finally, Morgan Stanley lifted their price objective on shares of Aurora Innovation from $14.00 to $18.00 and gave the stock an “overweight” rating in a research note on Friday, September 11th. Eight equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.11.

Read Our Latest Report on AUR

Aurora Innovation Price Performance

Shares of AUR stock opened at $6.13 on Thursday. The company has a market capitalization of $12.28 billion, a P/E ratio of -13.05 and a beta of 2.63. The company’s 50-day simple moving average is $6.33 and its two-hundred day simple moving average is $5.97. Aurora Innovation has a one year low of $3.60 and a one year high of $8.56.

Aurora Innovation (NASDAQ:AUR – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.02). The company had revenue of $2.00 million during the quarter, compared to the consensus estimate of $1.66 million. Aurora Innovation had a negative return on equity of 43.94% and a negative net margin of 18,000.00%.Aurora Innovation’s revenue was up 100.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.11) earnings per share. On average, research analysts expect that Aurora Innovation will post -0.48 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Michelangelo Volpi sold 2,842,682 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $7.00, for a total value of $19,898,774.00. The sale was disclosed in a document filed with the SEC, which is available through this link. In the last quarter, insiders have sold 6,390,753 shares of company stock valued at $44,826,378. Insiders own 8.52% of the company’s stock.

Institutional Investors Weigh In On Aurora Innovation

A number of large investors have recently modified their holdings of AUR. QRG Capital Management Inc. lifted its stake in shares of Aurora Innovation by 13.9% in the 2nd quarter. QRG Capital Management Inc. now owns 15,528 shares of the company’s stock worth $106,000 after acquiring an additional 1,891 shares during the period. State Street Corp increased its holdings in shares of Aurora Innovation by 6.0% in the 2nd quarter. State Street Corp now owns 22,922,729 shares of the company’s stock valued at $156,333,000 after purchasing an additional 1,293,487 shares in the last quarter. Tidal Investments LLC increased its holdings in shares of Aurora Innovation by 32.5% in the 2nd quarter. Tidal Investments LLC now owns 16,505 shares of the company’s stock valued at $113,000 after purchasing an additional 4,048 shares in the last quarter. BlueCrest Capital Management Ltd purchased a new position in shares of Aurora Innovation in the 2nd quarter valued at about $490,000. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of Aurora Innovation by 30.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 15,039 shares of the company’s stock valued at $103,000 after purchasing an additional 3,504 shares in the last quarter. 44.71% of the stock is owned by hedge funds and other institutional investors.

Aurora Innovation News Summary

Here are the key news stories impacting Aurora Innovation this week:

Positive Sentiment: Canaccord Genuity raised its price target from $15 to $17 and maintained a “buy” rating. The new target implies substantial potential upside from Aurora’s recent trading level, signaling increased confidence in the company’s autonomous trucking opportunity. Source: Benzinga
Positive Sentiment: Needham reaffirmed its “buy” rating and set a $13 price target. The target also implies significant upside and supports the bullish analyst view of Aurora’s long-term growth prospects. Source: Benzinga
Positive Sentiment: Options activity showed elevated speculative interest. Investors purchased 25,746 Aurora call options, approximately 129% above the average call volume of 11,220 contracts. While options activity is not a guarantee of future performance, the imbalance suggests some traders are positioning for a potential rebound.
Neutral Sentiment: Aurora outlined plans to end 2026 with approximately 200 driverless trucks in operation and scale to more than 30,000 by 2030. The targets reinforce the company’s long-term commercialization strategy, but achieving them will require substantial operational execution, fleet deployment and funding. Aurora targets 30,000 driverless trucks by 2030
Negative Sentiment: Wall Street’s muted reaction to the 30,000-truck ambition pressured the stock. Investors appear focused on the gap between Aurora’s distant growth goals and near-term revenue generation, profitability and execution risks, leaving the announcement viewed as aspirational rather than an immediate earnings catalyst. Aurora’s driverless ambition meets Wall Street shrug

About Aurora Innovation

(Get Free Report)

Aurora Innovation, Inc develops autonomous vehicle technology designed to transport people and goods without human drivers. Its core product, the Aurora Driver, combines artificial intelligence, sensors, mapping, and other software and hardware systems to enable automated driving across trucking, ride-hailing, and logistics applications.

The company is initially focused on autonomous trucking, where its technology is intended to support long-haul freight operations and improve safety, efficiency, and vehicle utilization.