Aurora Innovation Stock Today

AUR Stock  USD 2.80  0.01  0.36%   

Performance

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Odds Of Distress

Less than 26

 
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Aurora Innovation is selling at 2.80 as of the 21st of April 2024; that is -0.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.75. Aurora Innovation has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Aurora Innovation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of March 2024 and ending today, the 21st of April 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
10th of May 2021
Category
Technology
Classification
Information Technology
Aurora Innovation, Inc. operates as a self-driving technology company in the United States. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania. Aurora Innovation operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. The company has 1.18 B outstanding shares of which 55.36 M shares are presently shorted by investors with about 7.01 days to cover. More on Aurora Innovation

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Follow Valuation Options Odds of Bankruptcy
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Aurora Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aurora Innovation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aurora Innovation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentOssa Fisher
Thematic IdeaComputers (View all Themes)
Old NameAURORA S.A.
Business ConcentrationApplication Software, Information Technology Services, Information Technology, NASDAQ Composite, Computers, Information Technology, Software, Information Technology Services, Technology, Computing (View all Sectors)
Average Analyst Recommendation
Analysts covering Aurora Innovation report their recommendations after researching Aurora Innovation's financial statements, talking to executives and customers, or listening in on Aurora Innovation's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Aurora Innovation. The Aurora consensus assessment is calculated by taking the average forecast from all of the analysts covering Aurora Innovation.
Financial Strength
Based on the analysis of Aurora Innovation's profitability, liquidity, and operating efficiency, Aurora Innovation is not in a good financial situation at the present time. It has a very high chance of going through financial crunch in May. Financial strength of Aurora Innovation is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02240.0306
Way Down
Pretty Stable
Total Current Liabilities72.6 M111 M
Way Down
Slightly volatile
Non Current Liabilities Total132.1 M139 M
Notably Down
Slightly volatile
Total AssetsB2.2 B
Significantly Down
Slightly volatile
Total Current Assets1.1 B1.2 B
Moderately Down
Slightly volatile
Aurora Innovation's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Aurora Innovation's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Aurora Innovation's financial leverage. It provides some insight into what part of Aurora Innovation's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Aurora Innovation's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Aurora Innovation deploys its capital and how much of that capital is borrowed.
Liquidity
Aurora Innovation cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 122 M in debt with debt to equity (D/E) ratio of 0.06, which may show that the company is not taking advantage of profits from borrowing. Aurora Innovation has a current ratio of 20.61, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Aurora Innovation until it has trouble settling it off, either with new capital or with free cash flow. So, Aurora Innovation's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aurora Innovation sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aurora to invest in growth at high rates of return. When we think about Aurora Innovation's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

(8.55 Million)
Aurora Innovation (AUR) is traded on NASDAQ Exchange in USA. It is located in 1654 Smallman Street, Pittsburgh, PA, United States, 15222 and employs 1,800 people. Aurora Innovation is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 4.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aurora Innovation's market, we take the total number of its shares issued and multiply it by Aurora Innovation's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aurora Innovation runs under Software sector within Information Technology industry. The entity has 1.18 B outstanding shares of which 55.36 M shares are presently shorted by investors with about 7.01 days to cover. Aurora Innovation has about 1.38 B in cash with (598 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.2.
Check Aurora Innovation Probability Of Bankruptcy
Ownership Allocation
Aurora Innovation retains a total of 1.18 Billion outstanding shares. Over half of Aurora Innovation's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Aurora Innovation. Please watch out for any change in the institutional holdings of Aurora Innovation as this could mean something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Aurora Ownership Details

Aurora Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Aurora Innovation jumping above the current price in 90 days from now is about 53.23%. The Aurora Innovation probability density function shows the probability of Aurora Innovation stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.3414. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Aurora Innovation will likely underperform. Additionally, aurora Innovation has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 2.8HorizonTargetOdds Above 2.8
46.65%90 days
 2.80 
53.23%
Based on a normal probability distribution, the odds of Aurora Innovation to move above the current price in 90 days from now is about 53.23 (This Aurora Innovation probability density function shows the probability of Aurora Stock to fall within a particular range of prices over 90 days) .

Aurora Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Aurora Innovation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Aurora Innovation's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Aurora Innovation's value.
InstituionRecorded OnShares
Greylock 15 Gp Llc2023-12-31
14.1 M
Geode Capital Management, Llc2023-12-31
12.8 M
State Street Corporation2023-12-31
11.9 M
Allen Operations Llc2023-12-31
10.4 M
Primecap Management Company2023-12-31
10.2 M
Sc Us (ttgp), Ltd.2023-12-31
8.8 M
Canada Pension Plan Investment Board2023-12-31
8.4 M
Dimensional Fund Advisors, Inc.2023-12-31
7.6 M
Charles Schwab Investment Management Inc2023-12-31
5.2 M
T. Rowe Price Investment Management,inc.2023-12-31
115.4 M
Morgan Stanley - Brokerage Accounts2023-12-31
84.1 M
View Aurora Innovation Diagnostics

Aurora Innovation Historical Income Statement

Aurora Innovation Income Statement is one of the three primary financial statements used for reporting Aurora's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Aurora Innovation revenue and expense. Aurora Innovation Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Aurora Innovation reported last year Tax Provision of (1.85 Million). As of 04/21/2024, Interest Expense is likely to grow to about 1.2 B, while Interest Income is likely to drop slightly above 448.9 K. View More Fundamentals

Aurora Stock Against Markets

Picking the right benchmark for Aurora Innovation stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Aurora Innovation stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Aurora Innovation is critical whether you are bullish or bearish towards Aurora Innovation at a given time. Please also check how Aurora Innovation's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Aurora Innovation without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Aurora Innovation Corporate Management

Elected by the shareholders, the Aurora Innovation's board of directors comprises two types of representatives: Aurora Innovation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aurora. The board's role is to monitor Aurora Innovation's management team and ensure that shareholders' interests are well served. Aurora Innovation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aurora Innovation's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gerardo InterianoVice AffairsProfile
Richard TameChief OfficerProfile
David MadayChief OfficerProfile
Sandor BarnaSenior HardwareProfile
Yanbing LiSenior EngineeringProfile
Nolan ShenaiSecretary CounselProfile
Christopher UrmsonPresident, CoFounderProfile

How to buy Aurora Stock?

Before investing in Aurora Innovation, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Aurora Innovation. To buy Aurora Innovation stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Aurora Innovation. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Aurora Innovation stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Aurora Innovation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Aurora Innovation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Aurora Innovation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Aurora Stock please use our How to Invest in Aurora Innovation guide.

Already Invested in Aurora Innovation?

The danger of trading Aurora Innovation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aurora Innovation is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aurora Innovation. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aurora Innovation is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Aurora Innovation is a strong investment it is important to analyze Aurora Innovation's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aurora Innovation's future performance. For an informed investment choice regarding Aurora Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurora Innovation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
To learn how to invest in Aurora Stock, please use our How to Invest in Aurora Innovation guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Aurora Innovation's price analysis, check to measure Aurora Innovation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aurora Innovation is operating at the current time. Most of Aurora Innovation's value examination focuses on studying past and present price action to predict the probability of Aurora Innovation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurora Innovation's price. Additionally, you may evaluate how the addition of Aurora Innovation to your portfolios can decrease your overall portfolio volatility.
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Is Aurora Innovation's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aurora Innovation. If investors know Aurora will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aurora Innovation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.60)
Revenue Per Share
0.002
Quarterly Revenue Growth
(0.91)
Return On Assets
(0.25)
Return On Equity
(0.42)
The market value of Aurora Innovation is measured differently than its book value, which is the value of Aurora that is recorded on the company's balance sheet. Investors also form their own opinion of Aurora Innovation's value that differs from its market value or its book value, called intrinsic value, which is Aurora Innovation's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aurora Innovation's market value can be influenced by many factors that don't directly affect Aurora Innovation's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aurora Innovation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurora Innovation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurora Innovation's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.