Aurora Innovation, Inc. (AUR) AI Stock Analysis

NASDAQ: AURAI research summary: business, growth, valuation, analysts, bull and bear case.

AUR AI stock analysis summary

AI Research

Aurora Innovation, Inc. is a developer of autonomous vehicle solutions powered by its Aurora Driver platform. The company generated $5.0M in trailing twelve-month revenue while posting an operating margin of -13300.0%. It maintains $1.14B in net cash to fund ongoing research and platform deployment.

Market cap
$9.73B
Revenue (TTM)
$5.0M
P/E
—
1Y return
-7.2%
S&P 500 16.8%
Avg. target
$12.13
149.9% vs last close

Bull case

  • Aurora ended June 30, 2026, with a solid liquidity cushion of $1.14B in net cash and a current ratio of 11.38.
  • Analysts project FY2027 revenue to expand by 1152.3% to $187.7M as commercial operations ramp up.
  • The consensus analyst price target of $12.13 indicates potential upside of 149.9% from the closing price of $4.86.

Bear case

  • Free cash flow remained deeply negative at -$612.0M in FY2025, driven by significant R&D spending of $745.0M.
  • Aurora's share count grew by 75.9% over five years, diluting existing shareholders to fund operations.
  • Over the trailing five years, the stock dropped 51.3%, underperforming the S&P 500 return of 83.0%.

What Aurora Innovation does

Aurora Innovation, Inc. is a self-driving technology company based in Pittsburgh, Pennsylvania, focused on autonomous vehicle solutions. Established in 2017, the company develops the Aurora Driver platform, which integrates hardware, software, and data services to support autonomous functionality across passenger cars, light commercial vehicles, and trucks. Aurora applies artificial intelligence, machine learning, and sensor technology to build systems adaptable to multiple vehicle types. Its solutions aim to improve road safety, ease traffic congestion, and expand mobility services for commercial fleets and passenger transportation.

Growth and profitability

Aurora reported trailing twelve-month revenue of $5.0M through June 30, 2026, with quarterly revenue growth of 100.0% year-over-year and an operating margin of -13300.0%. In FY2025, revenue dropped 95.6% to $3.0M from $68.0M in FY2022, while net income stood at -$816.0M. Between FY2019 and FY2025, revenue recorded a 3-year CAGR of -46.5%. Operating margin declined from -579.1% in FY2019 to -30033.3% in FY2025, largely driven by ongoing development spending, including $745.0M in R&D expenses during FY2025. Trailing twelve-month EPS was -$0.46.

AUR income statement →

Balance sheet and cash flow

As of June 30, 2026, Aurora held $1.22B in cash and short-term investments against total debt of $82.0M, resulting in net cash of $1.14B. Shareholders' equity was $1.95B, and the current ratio was 11.38. Debt to equity stood at 0.04. During FY2025, operating cash flow was -$581.0M and capital expenditures were $31.0M, resulting in free cash flow of -$612.0M. Over five years, the company's share count expanded by 75.9%.

AUR balance sheet →

Valuation and performance

Aurora trades at a price-to-book ratio of 6.5x with a market capitalization of $9.73B and an enterprise value of $11.53B. The median US-listed Consumer Cyclical peer group trades at a trailing price-to-sales of 0.7x and a trailing P/E of 18.0x, alongside an operating margin of 8.8%. Aurora's stock price returned 26.4% year-to-date and declined 7.2% over the trailing 12 months, trailing the S&P 500 return of 16.8% over the same 1-year period.

AUR key metrics →

What analysts expect

Wall Street coverage includes 6 Strong Buy, 2 Buy, and 5 Hold recommendations, with no Sell ratings. The mean price target is $12.13, which is 149.9% above the last close of $4.86. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $15.0M and an EPS of -$0.49. In the prior four quarters, the company topped EPS expectations 3 times. The next earnings release is scheduled for October 28, 2026.

AUR forecast and price target →

Key risks and what to watch

  • Operating margin of -13300.0% reflects high ongoing cash consumption relative to current top-line receipts.
  • Short interest stands at 19.0% of the public float, signaling substantial negative positioning among market participants.
  • With a beta of 2.70, the equity displays significantly higher volatility than the broader equity market.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this AUR AI stock analysis

This page is an AI-written research summary of Aurora Innovation, Inc. (AUR). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: AUR income statement, AUR balance sheet, AUR key metrics, AUR analyst forecast, AUR chart. See the AUR stock overview for the latest quote and news.

AUR AI stock analysis FAQ

Does Aurora Innovation pay a dividend?

No, Aurora Innovation does not pay a dividend. The company directs its capital toward developing and testing the Aurora Driver platform.

What is Aurora Innovation's net cash position?

As of June 30, 2026, Aurora held $1.22B in cash and short-term investments against $82.0M of total debt, yielding net cash of $1.14B.

What are analysts' revenue expectations for Aurora?

Analysts estimate revenue of $15.0M for FY2026, followed by projected growth of 1152.3% to $187.7M in FY2027.

When does Aurora Innovation report its next quarterly results?

Aurora is scheduled to release its next financial report on October 28, 2026.

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