Needham & Company LLC Reaffirms “Buy” Rating for Aurora Innovation (NASDAQ:AUR)

Posted by Brenda Bartman on Sep 24th, 2026

Aurora Innovation (NASDAQ:AUR – Get Free Report)‘s stock had its “buy” rating restated by Needham & Company LLC in a note issued to investors on Thursday, Benzinga reports. They presently have a $13.00 price target on the stock. Needham & Company LLC’s price target points to a potential upside of 115.05% from the company’s previous close.

Other analysts have also issued research reports about the stock. Evercore restated an “outperform” rating on shares of Aurora Innovation in a research report on Tuesday, September 15th. Wall Street Zen lowered shares of Aurora Innovation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 1st. Northland Securities initiated coverage on shares of Aurora Innovation in a research report on Friday, May 29th. They set an “outperform” rating and a $11.00 target price on the stock. The Goldman Sachs Group restated a “neutral” rating and set a $7.00 target price (up from $6.00) on shares of Aurora Innovation in a research report on Thursday. Finally, Craig Hallum initiated coverage on shares of Aurora Innovation in a research report on Friday, June 5th. They set a “buy” rating and a $18.00 target price on the stock. Eight investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $13.11.

Check Out Our Latest Stock Analysis on AUR

Aurora Innovation Stock Down 4.4%

NASDAQ AUR traded down $0.28 during trading hours on Thursday, hitting $6.05. 3,059,809 shares of the stock were exchanged, compared to its average volume of 24,930,678. The company has a market cap of $12.12 billion, a price-to-earnings ratio of -12.82 and a beta of 2.63. Aurora Innovation has a 12-month low of $3.60 and a 12-month high of $8.56. The stock has a 50-day moving average of $6.33 and a 200 day moving average of $5.97.

Aurora Innovation (NASDAQ:AUR – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported ($0.14) earnings per share (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 analysts’ expectations of $1.66 million. Aurora Innovation had a negative net margin of 18,000.00% and a negative return on equity of 43.94%. The company’s quarterly revenue was up 100.0% on a year-over-year basis. During the same period last year, the business posted ($0.11) earnings per share. On average, equities research analysts expect that Aurora Innovation will post -0.48 earnings per share for the current year.

Insider Activity at Aurora Innovation

In related news, Director Michelangelo Volpi sold 2,842,682 shares of Aurora Innovation stock in a transaction on Monday, August 17th. The shares were sold at an average price of $7.00, for a total transaction of $19,898,774.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 6,390,753 shares of company stock valued at $44,826,378. Company insiders own 8.52% of the company’s stock.

Institutional Investors Weigh In On Aurora Innovation

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc increased its stake in Aurora Innovation by 964.9% during the 2nd quarter. Versant Capital Management Inc now owns 8,019 shares of the company’s stock worth $55,000 after buying an additional 7,266 shares during the period. GAMMA Investing LLC increased its stake in Aurora Innovation by 79.7% during the 2nd quarter. GAMMA Investing LLC now owns 8,501 shares of the company’s stock worth $58,000 after buying an additional 3,770 shares during the period. Eurizon Capital SGR S.p.A. purchased a new stake in Aurora Innovation during the 4th quarter worth $39,000. Triad Wealth Partners LLC purchased a new stake in Aurora Innovation during the 1st quarter worth $43,000. Finally, Capula Management Ltd purchased a new stake in Aurora Innovation during the 1st quarter worth $43,000. Hedge funds and other institutional investors own 44.71% of the company’s stock.

Trending Headlines about Aurora Innovation

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

Aurora Innovation Company Profile

(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.