Aurora Innovation (NASDAQ:AUR) Releases Earnings Results, Beats Expectations By $0.01 EPS

Aurora Innovation (NASDAQ:AUR) issued its quarterly earnings results on Wednesday. The company reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.01, FiscalAI reports. The company had revenue of $1.00 million for the quarter, compared to the consensus estimate of $1.47 million.

Here are the key takeaways from Aurora Innovation’s conference call:

• Aurora launched the first driverless commercial trucking operations on U.S. public roads, surpassed 250,000 driverless miles, expanded into inclement weather, and reported zero Aurora Driver‑attributed collisions.
• The Aurora Driver’s capabilities and mapping advances nearly triple the company’s addressable market to ~3.6 billion vehicle miles traveled, adding seven lanes including a 1,000‑mile Fort Worth–Phoenix route that enables “superhuman” asset utilization.
• Aurora plans to deploy a new fleet with a second‑generation Harbor kit (observerless) starting Q2 2026 and targets >200 driverless trucks by year‑end 2026, expecting a multifold revenue increase in 2026 and an ~$80M run‑rate entering 2027.
• Revenue remains small—Q4 2025 was $1M and full‑year recognized revenue was $3M ($4M adjusted)—while losses and cash use are large (Q4 operating loss $238M; 2025 operating cash use $581M) and Aurora expects average quarterly cash burn of ~$190–220M in 2026.
• Strong OEM and supplier partnerships (Volvo, PACCAR, International, Roush, AUMOVIO) support industrialization, and the second‑generation kit plus scale is expected to cut hardware costs by >50% and target break‑even gross margin on a 2026 exit run‑rate.

Aurora Innovation Stock Performance

NASDAQ AUR opened at $4.22 on Friday. The company has a market capitalization of $8.17 billion, a price-to-earnings ratio of -9.38 and a beta of 2.47. The company’s 50-day simple moving average is $4.33 and its two-hundred day simple moving average is $4.97. Aurora Innovation has a one year low of $3.60 and a one year high of $10.77.

Aurora Innovation News Roundup

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

• Positive Sentiment: Needham reaffirmed a “buy” and set a $13 price target, signaling sizable upside vs. the current price and giving investors an analyst-driven reason to add exposure. Benzinga
• Positive Sentiment: Aurora said it tripled its driverless network to 10 routes and plans Sun‑Belt expansion in 2026 — a commercial progress update that supports future revenue growth as deployments scale. Business Wire release
• Positive Sentiment: Management and press emphasize the commercial case for long‑distance automated trucks (the “superhuman logistics” narrative), which can help re‑rate expectations if adoption and customer endpoints continue to grow. MSN article
• Neutral Sentiment: Q4 EPS slightly beat consensus at ($0.11) vs. ($0.12) expected — a modest positive vs. the revenue shortfall. MarketBeat earnings recap
• Neutral Sentiment: Company earnings call transcript and presentation published — useful for investors digging into product milestones, cadence and customer commentary. Earnings call transcript Earnings presentation
• Neutral Sentiment: Reports show a small (3%) workforce reduction — could modestly reduce cash burn but is not a major restructuring. InsiderMonkey
• Neutral Sentiment: Short‑interest entries in the feed show zeros/NaN and a 0.0 days‑to‑cover — likely a data anomaly, so no clear short‑squeeze signal from this report.
• Negative Sentiment: Revenue miss in Q4 — reported revenue of $1.0M vs. consensus ~$1.47M — and a reported Q4 loss that was in line with estimates, weighing on near‑term sentiment. Zacks report
• Negative Sentiment: FY‑2026 revenue guidance was updated to $14.0M–$16.0M versus a consensus near $19.9M — a material downward surprise that appears to be the main driver of the stock decline as it lowers near‑term revenue expectations.
• Neutral Sentiment: Recent pieces reassessing AUR valuation and share‑price swings may keep volatility elevated as investors debate the timeline for scaled commercial revenue. Yahoo Finance valuation piece

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Aurora Innovation in a report on Monday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Aurora Innovation in a research report on Wednesday, January 21st. The Goldman Sachs Group cut their target price on shares of Aurora Innovation from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Wednesday, November 26th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Aurora Innovation in a research note on Wednesday, October 29th. Finally, 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. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $10.07.

Insiders Place Their Bets

In other Aurora Innovation news, CEO Christopher Urmson bought 258,000 shares of Aurora Innovation stock in a transaction that occurred on Tuesday, November 25th. The shares were bought at an average cost of $3.88 per share, with a total value of $1,001,040.00. Following the transaction, the chief executive officer directly owned 258,000 shares of the company’s stock, valued at approximately $1,001,040. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 11.85% of the stock is currently owned by company insiders.

Institutional Trading of Aurora Innovation

Several institutional investors and hedge funds have recently bought and sold shares of AUR. Danske Bank A S acquired a new stake in shares of Aurora Innovation during the 3rd quarter valued at about $36,000. Kestra Private Wealth Services LLC acquired a new stake in Aurora Innovation in the third quarter valued at approximately $55,000. CreativeOne Wealth LLC acquired a new stake in Aurora Innovation in the third quarter valued at approximately $61,000. Gateway Wealth Partners LLC purchased a new stake in shares of Aurora Innovation in the fourth quarter valued at approximately $51,000. Finally, Scotia Capital Inc. acquired a new position in shares of Aurora Innovation during the 3rd quarter worth approximately $73,000. 44.71% of the stock is currently owned by institutional investors and hedge funds.

Aurora Innovation Company Profile

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.