Evercore ISI analyst Chris McNally maintained a Hold rating on Aurora Innovation yesterday and set a price target of $8.00. The company’s shares opened today at $5.26.
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McNally covers the Consumer Cyclical sector, focusing on stocks such as Autoliv, Ford Motor, and BorgWarner. According to TipRanks, McNally has an average return of 5.7% and a 57.14% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aurora Innovation with a $11.77 average price target.
Based on Aurora Innovation’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1 million and a GAAP net loss of $201 million. In comparison, last year the company had a GAAP net loss of $182 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Brittany Bagley, a Director at AUR sold 50,000.00 shares for a total of $269,500.00.
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