Aurora Innovation Inc [NASDAQ: AUR] stock went on a downward path that fall over -1.28% on Monday, amounting to a one-week price decrease of less than -17.56%.
Over the last 12 months, AUR stock rose by 11.76%. The one-year Aurora Innovation Inc stock forecast points to a potential downside of -3.49. The average equity rating for AUR stock is currently 3.00, trading closer to a bullish pattern in the stock market.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for the stock reached $6.49 billion, with 1.16 billion shares outstanding and 884.91 million shares in the current float. Compared to the average trading volume of 10.77M shares, AUR stock reached a trading volume of 5603781 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Aurora Innovation Inc [AUR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AUR shares is $3.72 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AUR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Aurora Innovation Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on January 03, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Market Perform. The new note on the price target was released on September 19, 2023, representing the official price target for Aurora Innovation Inc stock. Previously, the target price had yet another raise to $4, while Evercore ISI analysts kept a In-line rating on AUR stock.
The Average True Range (ATR) for Aurora Innovation Inc is set at 0.32 The Price to Book ratio for the last quarter was 3.50, with the Price to Cash per share for the same quarter was set at 0.61.
AUR Stock Performance Analysis:
Aurora Innovation Inc [AUR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -17.56. With this latest performance, AUR shares gained by 9.07% in over the last four-week period, additionally plugging by 75.00% over the last 6 months – not to mention a rise of 11.76% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AUR stock in for the last two-week period is set at 47.71, with the RSI for the last a single of trading hit 43.37, and the three-weeks RSI is set at 50.08 for Aurora Innovation Inc [AUR]. The present Moving Average for the last 50 days of trading for this stock 3.81, while it was recorded at 4.05 for the last single week of trading, and 3.12 for the last 200 days.
Insight into Aurora Innovation Inc Fundamentals:
Aurora Innovation Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 12.88 and a Current Ratio set at 12.88.
Aurora Innovation Inc [AUR] Institutonal Ownership Details
There are presently around $59.08%, or 83.14%% of AUR stock, in the hands of institutional investors. The top three institutional holders of AUR stocks are: T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with ownership of 178.54 million shares, which is approximately 11.6163%. VANGUARD GROUP INC, holding 92.18 million shares of the stock with an approximate value of $$255.35 million in AUR stocks shares; and VANGUARD GROUP INC, currently with $$230.78 million in AUR stock with ownership which is approximately 5.4206%.
