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Aurora Innovation (AUR)
NASDAQ:AUR
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Aurora Innovation
(NASDAQ:AUR)
Rating:55Neutral
Price Target:―
Positive Factors
Autonomous Milestones
AUR continues to deliver on autonomous milestones on schedule while offering supportive commentary across OEM and manufacturing partners.
Cost Advantages
Aurora's solution for autonomous trucks currently offers cost savings compared to human-driven class 8 trucks and has potential for further margin improvement.
Industry Leadership
Aurora is now in scale-versus concept-mode and significantly de-risked.
Negative Factors
Financial Challenges
Aurora is expected to use significant additional capital and raise more funds before achieving profitability, indicating financial challenges.
Market Sentiment
Uber is effectively monetizing part of their AUR stake, possibly dampening near-term sentiment, not to mention any technical selling possible as part of the offering.
Partnership Uncertainty
Waymo paused its autonomous truck development, leaving Daimler Truck without a second partner to replace it, raising questions about future partnerships.
Aurora Innovation (AUR) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$10.42B
Dividend YieldN/A
Average Volume (3M)23.01M
Price to Earnings (P/E)―
Beta (1Y)2.42
Revenue GrowthN/A
EPS Growth24.41%
CountryUS
Employees1,800
SectorTechnology
Sector Strength91
IndustryInformation Technology Services
Share Statistics
EPS (TTM)-0.11
Shares Outstanding1,506,035,000
10 Day Avg. Volume18,487,684
30 Day Avg. Volume23,006,669
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.78
Enterprise Value/Revenue8.15K
Enterprise Value/Gross Profit-291.23
Enterprise Value/Ebitda-10.07
Forecast
1Y Price Target
$11.77Price Target Upside108.32% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Aurora Innovation Business Overview & Revenue Model
Company DescriptionAurora Innovation, Inc. operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate passenger vehicles, light commercial vehicles, and trucks. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
How the Company Makes MoneyAurora Innovation makes money through partnerships and collaborations with automotive manufacturers and logistics companies to integrate its autonomous driving technology into their vehicles. The company licenses its Aurora Driver platform to these partners, who use it to enhance the capabilities of their fleets. Revenue is also generated through pilot programs, where Aurora collaborates with clients to test and refine its technology in real-world scenarios. Additionally, significant partnerships with companies in the transportation sector contribute to its earnings by providing access to extensive data and operational insights that further enhance the development and deployment of its autonomous systems.
Aurora Innovation Earnings Call Summary
Earnings Call Date:Jul 30, 2025
(Q2-2025)
| % Change Since: -2.42%|
Next Earnings Date:Oct 29, 2025
Earnings Call Sentiment Positive
Aurora's earnings call presented significant advancements in driverless technology, including the successful launch of daytime and nighttime driverless operations and substantial financial stability. However, challenges remain with prototype parts requiring observers, and weather condition validations are ongoing. The positive developments slightly outweigh these challenges.Q2-2025 Updates
Positive Updates
Launch of Driverless Commercial Trucking
Aurora launched the first driverless commercial trucking operations on public roads in the U.S., logging over 20,000 safe driverless miles by the end of June 2025.
Nighttime Driverless Operations
Aurora validated and began driverless operations at night, doubling the truck utilization potential and enhancing the Aurora Driver's value proposition.
Operational Expansion Plans
Aurora plans to validate driverless operations between Fort Worth and El Paso, and further to Phoenix by the end of 2025, with two customers already piloting autonomous trucking on the Fort Worth-Phoenix Lane.
Strong Financial Position
Aurora ended the second quarter with $1.3 billion in liquidity, expected to fund operations into the second quarter of 2027, following an issuance of 57 million shares for net proceeds of $331 million.
First Revenue Recognition
Aurora recognized $1 million in revenue during the second quarter across driverless and vehicle operator supervised commercial loads.
Negative Updates
Prototype Parts Limiting Full Driverless Deployment
A front seat observer is required in some trucks due to prototype parts, delaying full driverless operation despite Aurora's readiness.
Weather Condition Challenges
Aurora is still working to validate driverless operations in challenging weather conditions, targeting the end of the year for completion.
Regulatory and Partnership Dependencies
The progression to full driverless operations is contingent on regulatory developments and OEM partners' readiness, potentially affecting timelines.
Company Guidance
During Aurora's Second Quarter 2025 Business Review Call, the company provided guidance on several key metrics and milestones. Aurora launched the first driverless commercial trucking operations on U.S. public roads, achieving over 20,000 safe driverless miles between April and June. By the end of the quarter, they had expanded to three driverless trucks operating between Dallas and Houston, boasting nearly 100% on-time performance. Aurora is on track to validate driverless operations between Fort Worth and El Paso, extending to Phoenix by year-end, with existing terminals in Phoenix serving customers like Werner and Hirschbach. The company reported $1 million in revenue for the quarter and an operating loss of $230 million, including stock-based compensation. Aurora's liquidity stands strong at $1.3 billion, expected to fund operations into Q2 2027. They are focusing on expanding their driverless capabilities to operate in more challenging weather conditions and increasing truck utilization potential, with plans to scale operations significantly in 2026 and 2027.Aurora Innovation Financial Statement Overview
Summary
Aurora Innovation is facing significant financial challenges with no revenue generation in recent years. The company is struggling with profitability and cash flow issues, despite a strong balance sheet in terms of equity. The absence of operational income and reliance on financing activities for cash flow sustainability are major concerns.Income Statement
Aurora Innovation's income statement reveals significant challenges with no revenue reported in 2023 and 2024, following a sharp decline from previous years. The company has been consistently operating at a loss with negative EBIT and EBITDA figures, and a net loss of $748 million in 2024. This indicates severe profitability issues and an inability to generate revenue, which are critical concerns for financial health.20
Very Negative
Balance Sheet
The balance sheet shows a strong equity position with stockholders' equity of $1.875 billion in 2024, indicating financial stability. The debt-to-equity ratio remains low, suggesting limited leverage, which is positive. However, the equity ratio is declining due to decreasing total assets, and the company has been unable to generate significant revenue to support asset growth.55
Neutral
Cash Flow
Cash flow analysis indicates negative free cash flow of $645 million in 2024, worsening from previous years. Operating cash flow remains negative, reflecting ongoing operational difficulties. The company has been reliant on financing activities to support cash flow, highlighting potential sustainability concerns if this trend continues without revenue improvements.35
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.00M | 0.00 | 0.00 | 68.00M | 82.54M | 0.00 |
| Gross Profit | -28.00M | -49.00M | -716.00M | 18.00M | -614.46M | -17.23M |
| EBITDA | -810.00M | -699.00M | -748.00M | -716.00M | -718.95M | -197.22M |
| Net Income | -810.00M | -748.00M | -796.00M | -2.71B | -755.45M | -214.45M |
Balance Sheet | ||||||
| Total Assets | 2.21B | 2.14B | 2.23B | 2.00B | 3.69B | 618.88M |
| Cash, Cash Equivalents and Short-Term Investments | 1.31B | 1.22B | 1.20B | 1.10B | 1.61B | 387.35M |
| Total Debt | 111.00M | 121.00M | 122.00M | 136.00M | 146.82M | 103.83M |
| Total Liabilities | 223.00M | 263.00M | 250.00M | 217.00M | 348.38M | 895.46M |
| Stockholders Equity | 1.99B | 1.88B | 1.99B | 1.78B | 3.34B | -276.58M |
Cash Flow | ||||||
| Free Cash Flow | -601.00M | -645.00M | -613.00M | -523.00M | -611.34M | -198.57M |
| Operating Cash Flow | -571.00M | -611.00M | -598.00M | -508.00M | -563.29M | -191.88M |
| Investing Cash Flow | -492.00M | -172.00M | 8.00M | -852.00M | 249.88M | 343.29M |
| Financing Cash Flow | 866.00M | 492.00M | 831.00M | 11.00M | 1.54B | 1.45M |
Aurora Innovation Technical Analysis
Neutral
5.65
Price Trends
5.74
Positive
6.27
Negative
6.51
Negative
Market Momentum
0.07
Positive
51.55
Neutral
26.11
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AUR, the sentiment is Neutral. The current price of 5.65 is below the 20-day moving average (MA) of 5.93, below the 50-day MA of 5.74, and below the 200-day MA of 6.51, indicating a neutral trend. The MACD of 0.07 indicates Positive momentum. The RSI at 51.55 is Neutral, neither overbought nor oversold. The STOCH value of 26.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AUR.
Aurora Innovation Risk Analysis
Aurora Innovation disclosed 67 risk factors in its most recent earnings report. Aurora Innovation reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Aurora Innovation Peers Comparison
Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $10.14B | 21.75 | 13.48% | ― | 14.16% | 22.25% | |
68 Neutral | $12.18B | 28.47 | 22.49% | 1.35% | 6.04% | 13.36% | |
65 Neutral | $8.55B | 21.11 | 11.57% | ― | 4.72% | -3.06% | |
62 Neutral | $34.80B | 6.83 | -11.92% | 2.06% | 6.36% | -8.52% | |
60 Neutral | $3.01B | ― | -33.73% | ― | 25.27% | 4.68% | |
55 Neutral | $10.42B | ― | -43.69% | ― | ― | 24.41% | |
52 Neutral | $8.42B | 35.13 | 22.47% | ― | -8.20% | ― |
* Technology Sector Average
Performance Comparison
AUR
Aurora Innovation
5.65
1.83
47.91%
CACI
Caci International
460.93
17.50
3.95%
EPAM
Epam Systems
150.99
-51.26
-25.34%
JKHY
Jack Henry & Associates
167.28
5.56
3.44%
AI
C3ai
22.43
-1.47
-6.15%
KD
Kyndryl Holdings Incorporation
36.38
13.47
58.80%
Aurora Innovation Corporate Events
Product-Related AnnouncementsBusiness Operations and Strategy
Aurora Innovation Launches Self-Driving Trucking Service in Texas
Positive
May 1, 2025
On May 1, 2025, Aurora Innovation launched its commercial self-driving trucking service in Texas, marking a significant milestone as the first company to deploy a self-driving Class 8 trucking service in the U.S. The service, which operates driverless hauls between Dallas and Houston, aims to address challenges in the trillion-dollar trucking industry, such as driver shortages and high operational costs, by offering a reliable and safe autonomous solution. Aurora plans to expand this service to El Paso, Texas, and Phoenix, Arizona, by the end of 2025, further strengthening its position in the market and potentially transforming logistics and supply chain operations.
Spark’s Take on AUR Stock
According to Spark, TipRanks’ AI Analyst, AUR is a Neutral.
Aurora Innovation’s overall stock score of 50 reflects significant financial challenges, with no recent revenue generation and ongoing cash flow issues being major concerns. However, the earnings call presents a more optimistic future with strategic partnerships, regulatory support, and a planned commercial launch in 2025. The technical indicators are mixed, and valuation remains difficult due to the company’s current financial standing. The most pressing issues are financial performance and the need to generate revenue, while the upcoming milestones and potential in autonomous trucking provide a positive outlook.
To see Spark’s full report on AUR stock, click here.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.