Aurora Innovation (NASDAQ:AUR) Hits New 1-Year High – Here’s Why

Posted by Francis Steltz on May 13th, 2026

Aurora Innovation, Inc. (NASDAQ:AUR – Get Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $7.75 and last traded at $7.7630, with a volume of 7246054 shares. The stock had previously closed at $7.22.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on AUR shares. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Aurora Innovation in a report on Monday, February 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $13.00 target price on shares of Aurora Innovation in a report on Thursday, May 7th. The Goldman Sachs Group upped their target price on shares of Aurora Innovation from $4.00 to $5.00 and gave the stock a “neutral” rating in a report on Friday, April 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $14.00 target price on shares of Aurora Innovation in a report on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Aurora Innovation in a report on Monday, April 20th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $11.50.

Read Our Latest Report on Aurora Innovation

Aurora Innovation Stock Performance

The company has a market capitalization of $16.09 billion, a P/E ratio of -18.72 and a beta of 2.58. The business’s fifty day simple moving average is $4.83 and its 200-day simple moving average is $4.55.

Aurora Innovation (NASDAQ:AUR – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.01. The company had revenue of $1.00 million for the quarter, compared to the consensus estimate of $0.97 million. Aurora Innovation had a negative net margin of 20,775.00% and a negative return on equity of 40.45%. The firm’s quarterly revenue was down 66.7% on a year-over-year basis. As a group, analysts forecast that Aurora Innovation, Inc. will post -0.47 EPS for the current year.

Hedge Funds Weigh In On Aurora Innovation

Several institutional investors have recently added to or reduced their stakes in AUR. Capital Research Global Investors grew its holdings in Aurora Innovation by 35.9% during the 3rd quarter. Capital Research Global Investors now owns 71,298,585 shares of the company’s stock valued at $384,299,000 after buying an additional 18,820,542 shares in the last quarter. Vanguard Group Inc. grew its holdings in Aurora Innovation by 12.5% during the 4th quarter. Vanguard Group Inc. now owns 160,567,323 shares of the company’s stock valued at $616,579,000 after buying an additional 17,818,179 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Aurora Innovation by 6.6% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 274,809,541 shares of the company’s stock valued at $1,055,269,000 after buying an additional 16,933,373 shares in the last quarter. SG Americas Securities LLC grew its holdings in Aurora Innovation by 6,824.0% during the 4th quarter. SG Americas Securities LLC now owns 9,645,035 shares of the company’s stock valued at $37,037,000 after buying an additional 9,505,736 shares in the last quarter. Finally, SC US Ttgp LTD. purchased a new position in Aurora Innovation during the 4th quarter valued at approximately $33,830,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.

About Aurora Innovation

(Get Free Report)

Aurora Innovation, Inc is a technology company specializing in the development of self-driving vehicle systems for both passenger and commercial applications. Headquartered in Mountain View, California, Aurora has built an end-to-end platform—known as the Aurora Driver—that integrates proprietary software, machine learning algorithms and a suite of sensors (LiDAR, radar and cameras) to enable vehicles to operate safely and efficiently in diverse driving environments.

The company’s core business revolves around designing, testing and deploying its autonomy stack on vehicles from established automotive and transportation partners.