TD Cowen Cuts Aurora Innovation (NASDAQ:AUR) Price Target to $4.70

Aurora Innovation (NASDAQ:AUR) had its price target reduced by TD Cowen from $5.50 to $4.70 in a report issued on Friday,Benzinga reports. TD Cowen currently has a hold rating on the stock.

A number of other research analysts have also recently weighed in on AUR. The Goldman Sachs Group cut their price objective on shares of Aurora Innovation from $6.00 to $4.00 and set a “neutral” rating on the stock in a research report on Wednesday, November 26th. Needham & Company LLC reaffirmed a “buy” rating and set a $13.00 price target on shares of Aurora Innovation in a research note on Thursday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Aurora Innovation in a report on Monday, February 9th. UBS Group reissued an “underperform” rating on shares of Aurora Innovation in a research report on Wednesday, October 29th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Aurora Innovation in a research note on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $9.96.

Aurora Innovation Price Performance

Shares of AUR stock opened at $4.48 on Friday. The company has a market cap of $8.67 billion, a PE ratio of -9.96 and a beta of 2.47. Aurora Innovation has a 1 year low of $3.60 and a 1 year high of $10.77. The stock’s 50 day simple moving average is $4.33 and its two-hundred day simple moving average is $4.94.

Aurora Innovation (NASDAQ:AUR) last announced its earnings results on Wednesday, February 11th. The company reported ($0.12) EPS for the quarter, hitting analysts’ consensus estimates of ($0.12). The company had revenue of $1.00 million during the quarter, compared to analysts’ expectations of $1.47 million. Equities research analysts expect that Aurora Innovation will post -0.49 EPS for the current year.

Insider Transactions at Aurora Innovation

In related news, CEO Christopher Urmson bought 258,000 shares of Aurora Innovation stock in a transaction dated Tuesday, November 25th. The shares were acquired at an average cost of $3.88 per share, with a total value of $1,001,040.00. Following the completion of the transaction, the chief executive officer owned 258,000 shares in the company, valued at $1,001,040. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 11.85% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its position in Aurora Innovation by 17.7% during the 4th quarter. The Manufacturers Life Insurance Company now owns 263,883 shares of the company’s stock valued at $1,013,000 after purchasing an additional 39,608 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its stake in shares of Aurora Innovation by 14.5% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 128,340 shares of the company’s stock valued at $493,000 after buying an additional 16,237 shares during the period. Stifel Financial Corp increased its stake in shares of Aurora Innovation by 34.9% during the fourth quarter. Stifel Financial Corp now owns 372,053 shares of the company’s stock valued at $1,429,000 after buying an additional 96,259 shares during the period. Bank of Nova Scotia bought a new stake in shares of Aurora Innovation in the fourth quarter valued at about $21,673,000. Finally, First Trust Advisors LP lifted its stake in Aurora Innovation by 31.3% in the fourth quarter. First Trust Advisors LP now owns 43,753 shares of the company’s stock worth $168,000 after acquiring an additional 10,438 shares during the period. Institutional investors own 44.71% of the company’s stock.

Key Aurora Innovation News

Here are the key news stories impacting Aurora Innovation this week:

• Positive Sentiment: Aurora completed a 1,000‑mile driverless run from Fort Worth to Phoenix, showcasing long‑haul capability that supports commercialization prospects and partner confidence. Aurora Adds 1,000-Mile Driverless Run from Fort Worth to Phoenix
• Positive Sentiment: Analyst support: Needham reaffirmed a “buy” and a $13 price target, signaling conviction in Aurora’s longer‑term upside and technology moat. Needham Reaffirms Buy
• Positive Sentiment: Industry analysis suggests competitive barriers are eroding in a way that can favor well‑capitalized early movers like Aurora, potentially improving TAM capture over time. Aurora Innovation: Barriers To Entry Are Fading
• Neutral Sentiment: Q4 2025 earnings call transcript is available for investors who want detail on cadence to revenue and commercialization milestones; use it to judge execution versus guidance. Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Recent coverage includes a valuation review as share swings have drawn attention; useful for investors reassessing risk/reward but not a direct catalyst. Assessing Aurora Innovation Valuation
• Neutral Sentiment: Short‑interest reports in the feed show zero and NaN values and are internally inconsistent; treat current short‑interest data as unreliable until exchanges publish corrected figures.
• Negative Sentiment: Aurora lowered FY‑2026 revenue guidance to roughly $14M–$16M versus consensus near $19.9M, signaling slower near‑term commercial traction and pressuring near‑term valuation and sentiment.
• Negative Sentiment: TD Cowen cut its price target from $5.50 to $4.70 and moved to a “hold” rating, which reduces near‑term sell‑side upside and may temper momentum. TD Cowen Lowers Target

About Aurora Innovation

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.