Actualités en direct • 14h
Aurora Expands Driverless Trucking With McLane as Stock Volatility Follows Uber and Insider Sales Aurora and McLane Company are expanding their partnership to run driverless commercial hauls in Texas using Aurora’s SAE Level 4 Aurora Driver, with plans to extend routes across the US Sun Belt by year-end.
Uber sold 67.5 million Aurora shares for US$479 million, cutting its stake by 14.46% but still holding 15.6% of the company.
Aurora’s stock has fallen about 22% to 23% over the past week, erasing roughly US$3.3b to US$3.4b in market value, alongside insider selling from director Reid Hoffman, who sold about 1.2 million shares but retains around 7.7 million Class A shares.
These developments highlight a tension between growing commercial partnerships and continued investor concerns around cash burn, operating performance and the timing of full commercialization of Aurora’s autonomous trucking platform.
Investors may want to monitor how quickly Aurora converts its McLane and other relationships into recurring “driver as a service” revenue, and whether further large shareholder or insider sales contribute to volatility in what is already considered a speculative growth stock. Actualités en direct • Jun 06
Aurora Innovation Director Sells US$8.7 Million Shares While Retaining Major Stake Aurora Innovation director Reid Hoffman sold around 1.2 million shares for roughly US$8.7 million as part of recent insider activity.
Hoffman still holds about 7.7 million Class A shares after the sale, indicating he maintains a significant position in the company.
The company continues to be characterized as a speculative growth stock with heavy cash burn, minimal revenue and stock price volatility linked to sentiment around its autonomous-driving strategy and safety concerns.
Insider selling of this size often draws attention, but Hoffman's remaining stake suggests he is not exiting his investment in Aurora Innovation.
For you, the key considerations are the company’s ongoing cash needs, limited current revenue base and the sensitivity of the stock to both safety developments in autonomous driving and broader shifts in risk appetite. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$647m net loss in 3 years). Share price has been volatile over the past 3 months (11% average weekly change). Revenue is less than US$5m (US$4.0m revenue). Annonce • May 05
Aurora Innovation, Inc. and Volvo Autonomous Solutions Launches Autonomous Freight Route to Oklahoma City Aurora Innovation, Inc. and Volvo Autonomous Solutions announced the expansion of their autonomous freight network with a new 200-mile route between Dallas and Oklahoma City. The expansion marks a significant milestone as V.A.S. begins hauling freight to customer facilities in Oklahoma City with the Volvo VNL Autonomous integrated with the Aurora Driver. The Oklahoma City program currently supports trips five days a week in supervised autonomy. By logging hundreds of miles, the Volvo VNL Autonomous integrated with the Aurora Driver supports safer, quicker, and more efficient movement of goods, enabling V.A.S. to provide a premium service. By operating directly to customer facilities, V.A.S. can reduce the need for drayage moves and additional handoffs, helping remove complexity from the logistics flow. Customers also benefit from Volvo’s extensive dealer network, robust service support, and proven uptime capabilities, helping them adopt autonomous transport while maintaining efficiency. The launch also highlights the maturity of the Aurora Driver to meet VAS’ customer demand. Within weeks, Aurora mapped the Dallas-to-Oklahoma City interstate route and began autonomous hauls. Annonce • Apr 15
Aurora Innovation, Inc. to Report Q1, 2026 Results on May 06, 2026 Aurora Innovation, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Annonce • Apr 04
Aurora Innovation, Inc., Annual General Meeting, May 21, 2026 Aurora Innovation, Inc., Annual General Meeting, May 21, 2026. Annonce • Mar 06
Aurora Appoints David Wehner to Its Board of Directors Aurora has appointed David Wehner, the chief strategy officer and former chief financial officer at Meta, to its board of directors, the autonomous trucking company announced. CEO and co-founder Chris Urmson said Mr. Wehner will take the place of board member Claire Hughes Johnson. Annonce • Jan 21
Aurora Innovation, Inc. to Report Q4, 2025 Results on Feb 11, 2026 Aurora Innovation, Inc. announced that they will report Q4, 2025 results After-Market on Feb 11, 2026 Recent Insider Transactions • Nov 28
Co-Founder recently bought US$1.0m worth of stock On the 25th of November, Christopher Urmson bought around 258k shares on-market at roughly US$3.88 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Christopher's only on-market trade for the last 12 months. Buy Or Sell Opportunity • Nov 04
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 26% to US$4.49. The fair value is estimated to be US$6.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 145% over the last 3 years. Earnings per share has grown by 50%. For the next 3 years, revenue is forecast to grow by 75% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Major Estimate Revision • Nov 04
Consensus revenue estimates decrease by 15%, EPS upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$4.22m to US$3.59m. EPS estimate increased from -US$0.48 to -US$0.456 per share. Software industry in the US expected to see average net income growth of 22% next year. Consensus price target down from US$10.22 to US$10.01. Share price fell 4.2% to US$5.05 over the past week. Annonce • Oct 29
Aurora Innovation, Inc. Expands Driverless Trucking Service from Fort Worth to El Paso Aurora Innovation, Inc. announced the rapid expansion of its commercial operations by launching a second driverless route from Fort Worth to El Paso. This comes as the company surpasses 100,000 driverless miles on public roads and shares its plan to deploy hundreds of driverless trucks with its next-generation Aurora Driver hardware in 2026, fortifying a clear path to meet strong customer demand. Rapid Scaling and Operational Excellence: The launch of the 600-mile lane from Fort Worth to El Paso, just six months after the inaugural Dallas to Houston route, marks the fastest scaling to a second market in the U.S. self-driving industry. With five driverless trucks now regularly delivering customer freight, Aurora continues to maintain its perfect driverless on-time and safety record. Next-Generation Hardware: Ready for Deployment in 2026. Aurora also unveiled next-generation hardware, which is designed to reduce overall cost by half while boosting performance and durability. Key features include: Increased Reliability: Built to last for over a million miles. All-Weather Operation: Enhanced sensor cleaning allows the Aurora Driver to operate reliably in harsh weather conditions. The new hardware is manufactured by Fabrinet and precedes the highly-scalable hardware being jointly developed with AUMOVIO (formerly Continental), which is slated for production in 2027 and is expected to enable the deployment of tens of thousands of trucks. Simultaneous Platform Integration: The Aurora Driver's common core architecture allows for seamless integration across multiple truck platforms. The new hardware is being integrated with the Volvo VNL Autonomous, where lineside integration is taking place at Volvo's New River Valley manufacturing facility, and a new fleet of International®? LT®? Series Class 8 vehicles at Aurora's Pittsburgh hardware facilities. Aurora has successfully begun testing the new fleet at its closed test track. Upon completion of a closed safety case for these trucks, Aurora plans to haul freight without a partner-requested observer in Second Quarter 2026 and already has customer interest for this capacity. Annonce • Oct 07
Aurora Innovation, Inc. to Report Q3, 2025 Results on Oct 28, 2025 Aurora Innovation, Inc. announced that they will report Q3, 2025 results After-Market on Oct 28, 2025 Buy Or Sell Opportunity • Aug 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.6% to US$6.39. The fair value is estimated to be US$8.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 142% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 71% per annum. Earnings are also forecast to grow by 24% per annum over the same time period. Recent Insider Transactions • Aug 08
Insider recently bought US$989k worth of stock On the 6th of August, John Donahoe bought around 162k shares on-market at roughly US$6.10 per share. This transaction increased John Donahoe's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$528k more in shares than they have sold in the last 12 months. New Risk • Jul 31
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 18% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (US$1.0m revenue). Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$602m net loss in 3 years). Shareholders have been diluted in the past year (18% increase in shares outstanding). Annonce • Jul 09
Aurora Innovation, Inc. to Report Q2, 2025 Results on Jul 30, 2025 Aurora Innovation, Inc. announced that they will report Q2, 2025 results After-Market on Jul 30, 2025 Annonce • May 24
Aurora Innovation, Inc. Elects John Donahoe as Class I Director Aurora Innovation, Inc. announced at Annual Meeting of Stockholders held on May 22, 2025, the shareholders elected John Donahoe as Class I director to serve until the 2028 annual meeting of stockholders. Price Target Changed • May 10
Price target increased by 15% to US$10.29 Up from US$8.95, the current price target is an average from 9 analysts. New target price is 41% above last closing price of US$7.28. Stock is up 126% over the past year. The company is forecast to post a net loss per share of US$0.48 next year compared to a net loss per share of US$0.46 last year. Annonce • May 10
Aurora Innovation, Inc. Announces Resignation of Sterling Anderson as Chief Product Officer and Member of the Board of Director Aurora Innovation, Inc. announced that on May 6, 2025, Sterling Anderson, Chief Product Officer and a member of the board of directors, notified the Company of his decision to resign from his position as Chief Product Officer of the Company and its subsidiaries, effective June 1, 2025, and from the Board, effective August 31, 2025. Mr. Anderson is a nominee for re-election as a member of the Board at the Company’s 2025 Annual Meeting of Stockholders to be held on May 22, 2025. Mr. Anderson is still standing for re-election, and the Board continues to recommend Mr. Anderson for re-election as a member of the Board at the Annual Meeting through his Resignation Date. Mr. Anderson’s resignation from the Board did not result from any disagreement with the Company concerning any matter relating to its operations, policies, or practices. Annonce • May 01
Aurora Innovation, Inc. Begins Commercial Driverless Trucking in Texas, Ushering in New Era of Freight Aurora Innovation, Inc. has successfully launched its commercial self-driving trucking service in Texas. Following the closure of its safety case, Aurora began regular driverless customer deliveries between Dallas and Houston this week. To date, the Aurora Driver has completed over 1,200 miles without a driver. The milestone makes Aurora the first company to operate a commercial self-driving service with heavy-duty trucks on public roads. Aurora plans to expand its driverless service to El Paso, Texas and Phoenix, Arizona by the end of 2025. Transforming how goods are moved in America. Aurora's product, the Aurora Driver, is an SAE L4 self-driving system that is first being deployed in long-haul trucking. Trucking is a trillion dollar industry in the U.S. but it faces challenges, including an aging driver population with high turnover rates, skyrocketing operating costs, and underutilized assets. These intensify every year, making the value proposition of autonomy - a solution that will offer safe, reliable capacity without an impact to jobs - highly attractive to the trucking industry. Aurora's launch customers are Uber Freight, and Hirschbach Motor Lines, a veteran-owned carrier that delivers time- and temperature-sensitive freight. Both companies have had long-standing supervised commercial pilots with Aurora. Annonce • Apr 17
Aurora Innovation, Inc. to Report Q1, 2025 Results on May 08, 2025 Aurora Innovation, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Annonce • Apr 07
Aurora Innovation, Inc., Annual General Meeting, May 22, 2025 Aurora Innovation, Inc., Annual General Meeting, May 22, 2025. Price Target Changed • Feb 18
Price target increased by 7.1% to US$6.27 Up from US$5.85, the current price target is an average from 6 analysts. New target price is 39% below last closing price of US$10.19. Stock is up 260% over the past year. The company is forecast to post a net loss per share of US$0.48 next year compared to a net loss per share of US$0.46 last year. New Risk • Feb 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m. Minor Risk Currently unprofitable and not forecast to become profitable over next 3 years (US$691m net loss in 3 years). Buy Or Sell Opportunity • Feb 13
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 89% to US$9.42. The fair value is estimated to be US$7.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 112% over the last 3 years. Earnings per share has grown by 39%. Annonce • Feb 13
Aurora Innovation, Inc. Provides Revenue Guidance for the Year 2025 Aurora Innovation, Inc. provided revenue guidance for the year 2025. The company expects 2025 revenue to be modest in the mid-single-digit millions. Board Change • Feb 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. Director Shailen Bhatt was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Jan 22
Aurora Innovation, Inc. to Report Q4, 2024 Results on Feb 12, 2025 Aurora Innovation, Inc. announced that they will report Q4, 2024 results After-Market on Feb 12, 2025 Annonce • Jan 04
Aurora Innovation, Inc. Announces Board Changes Aurora Innovation, Inc. announced on December 31, 2024, Dara Khosrowshahi provided notice of his decision to resign from the board of directors (the board) of the company to reduce his external board commitments and focus on his ongoing responsibilities as CEO of Uber Technologies, Inc. Mr. Khosrowshahi's resignation was effective as of December 31, 2024, and did not result from any disagreement with the Company concerning any matter relating to its operations, policies, or practices. On December 31, 2024, Shailen Bhatt was appointed to the Board. Mr. Bhatt will serve as a director with a term of office expiring at the company's 2026 Annual Meeting of Stockholders. Mr. Bhatt, age 49, has served as a Senior Vice President and the Chief Operating Officer for AtkinsR alis, an engineering, procurement, and construction services company, in the United States and Latin America since September 2024. Mr. Bhatt also served as the Administrator for the Federal Highway Administration from January 2023 to September 2024. Prior to the Federal Highway Administration, Mr. Bhatt served as the Senior Vice President of AECOM, an infrastructure consulting firm, from August 2021 to December 2022, and the President and Chief Executive Officer of the Intelligent Transportation Society of America from December 2017 to July 2021. Mr. Bhatt has also served in leadership positions with the Colorado Department of Transportation, the Delaware Department of Transportation and the Kentucky Transportation Cabinet. Mr. Bhatt holds a B.A. in Economics from Western Kentucky University. Mr. Bhatt has previously served on the Company's Safety Advisory Board. Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. Member of Safety Advisory Board Karen Rasmussen was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Price Target Changed • Nov 04
Price target increased by 7.3% to US$4.42 Up from US$4.12, the current price target is an average from 5 analysts. New target price is 20% below last closing price of US$5.55. Stock is up 183% over the past year. The company is forecast to post a net loss per share of US$0.46 next year compared to a net loss per share of US$0.60 last year. Price Target Changed • Oct 15
Price target increased by 11% to US$4.12 Up from US$3.72, the current price target is an average from 5 analysts. New target price is 31% below last closing price of US$5.93. Stock is up 209% over the past year. The company is forecast to post a net loss per share of US$0.45 next year compared to a net loss per share of US$0.60 last year. Annonce • Oct 09
Aurora Innovation, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Aurora Innovation, Inc. announced that they will report Q3, 2024 results After-Market on Oct 30, 2024 New Risk • Sep 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$623m net loss in 3 years). Shareholders have been diluted in the past year (16% increase in shares outstanding). Major Estimate Revision • Aug 07
Consensus EPS estimates upgraded to US$0.45 loss The consensus outlook for fiscal year 2024 has been updated. 2024 losses forecast to reduce from -US$0.495 to -US$0.445 per share. Revenue forecast unchanged from US$1.72m at last update. Software industry in the US expected to see average net income growth of 17% next year. Consensus price target of US$3.93 unchanged from last update. Share price fell 17% to US$3.31 over the past week. Annonce • Aug 01
Aurora Innovation, Inc. has filed a Follow-on Equity Offering in the amount of $350 million. Aurora Innovation, Inc. has filed a Follow-on Equity Offering in the amount of $350 million.
Security Name: Class A Common Stock
Security Type: Common Stock Annonce • Jul 11
Aurora Innovation, Inc. to Report Q2, 2024 Results on Jul 31, 2024 Aurora Innovation, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 31, 2024 Annonce • Apr 19
Aurora Innovation, Inc. to Report Q1, 2024 Results on May 08, 2024 Aurora Innovation, Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Annonce • Apr 06
Aurora Innovation, Inc., Annual General Meeting, May 23, 2024 Aurora Innovation, Inc., Annual General Meeting, May 23, 2024, at 13:00 US Eastern Standard Time. Agenda: To elect Brittany Bagley, Reid Hoffman and Claire D’Oyly-Hughes Johnson as Class III directors to hold office until the company's 2027 annual meeting of stockholders and until their respective successors are elected and qualified; to approve an amendment to the company's Certificate of Incorporation to reflect recently adopted Delaware law provisions regarding officer exculpation; to approve, on an advisory basis, the compensation of the company's named executive officers; to approve, on an advisory basis, the frequency of future stockholder advisory votes on the compensation of the company's named executive officers; to ratify the appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2024; and to transact other business that may properly come before the annual meeting or any adjournments or postponements thereof. Price Target Changed • Feb 24
Price target decreased by 8.1% to US$3.77 Down from US$4.10, the current price target is an average from 6 analysts. New target price is 46% above last closing price of US$2.57. Stock is up 81% over the past year. The company is forecast to post a net loss per share of US$0.57 next year compared to a net loss per share of US$0.60 last year. Annonce • Jan 25
Aurora Innovation, Inc. to Report Q4, 2023 Results on Feb 14, 2024 Aurora Innovation, Inc. announced that they will report Q4, 2023 results After-Market on Feb 14, 2024 Reported Earnings • Nov 03
Third quarter 2023 earnings released: US$0.13 loss per share (vs US$0.17 loss in 3Q 2022) Third quarter 2023 results: US$0.13 loss per share (improved from US$0.17 loss in 3Q 2022). Net loss: US$190.0m (loss narrowed 4.1% from 3Q 2022). Revenue is forecast to grow 84% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Price Target Changed • Nov 02
Price target decreased by 10.0% to US$4.14 Down from US$4.60, the current price target is an average from 6 analysts. New target price is 116% above last closing price of US$1.92. Stock is down 4.0% over the past year. The company is forecast to post a net loss per share of US$0.62 next year compared to a net loss per share of US$1.51 last year. Annonce • Nov 02
Aurora Innovation, Inc. Opens First Commercial-Ready Route for Its Planned Driverless Truck Launch in Late 2024 Aurora Innovation, Inc. announced it has opened the industry's first lane for driverless trucks supported by commercial-ready terminals in Dallas and Houston. Nearly half of all truck freight in Texas moves along the I-45 between Dallas and Houston, making this corridor an ideal route for Aurora's commercial launch. Similar to its first terminal in South Dallas, Aurora's new terminal in Houston is designed to support and service driverless trucks at a commercial scale. Commercial-Ready Terminals Designed for Seamless Customer Experience: Aurora uses terminals to house, maintain, prepare, inspect, and deploy autonomous trucks between destinations. The company has developed an innovative terminal blueprint to implement a layout and list of features that make its terminals commercial-ready for the launch of driverless operations. Aurora's terminal blueprint is designed to maximize the time autonomous trucks are on the road hauling freight. For example, on-site weigh stations support enhanced pre-trip inspections, which ensure Aurora's trucks are compliant with regulatory standards while allowing them to bypass inspection sites on the road. This promotes safe operations and results in a more efficient trip with fewer stops. Aurora picks its terminal locations with its customers in mind. Aurora's Houston terminal is located in a logistics hub near its pilot customers, including FedEx and others. This proximity to customers makes it easy to seamlessly integrate autonomous trucks into their middle-mile operations. Aurora's terminals operate day and night, supporting their trucks as they haul more than 75 loads a week for pilot customers. Aurora is also preparing its Command Center to support around-the-clock commercial operations. Aurora's Command Center includes a team of remote specialists who monitor and provide guidance to the active fleet of Aurora-powered trucks, and dispatchers who allocate trucks, trailers, and vehicle operators to missions. Aurora's Command Center already supports commercial pilot hauls and is prepared to support driverless missions. Annonce • Oct 12
Aurora Innovation, Inc. to Report Q3, 2023 Results on Nov 01, 2023 Aurora Innovation, Inc. announced that they will report Q3, 2023 results at 9:30 AM, US Eastern Standard Time on Nov 01, 2023 Recent Insider Transactions Derivative • Sep 20
Co-Founder notifies of intention to sell stock Sterling Anderson intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 18th of September. If the sale is conducted around the recent share price of US$3.54, it would amount to US$707k. Since December 2022, Sterling's direct individual holding has decreased from 52.93m shares to 44.98m. Company insiders have collectively sold US$17m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Sep 07
Co-Founder notifies of intention to sell stock Sterling Anderson intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of September. If the sale is conducted around the recent share price of US$3.57, it would amount to US$713k. Since December 2022, Sterling's direct individual holding has decreased from 52.93m shares to 45.53m. Company insiders have collectively sold US$15m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Aug 17
Co-Founder notifies of intention to sell stock Sterling Anderson intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of August. If the sale is conducted around the recent share price of US$3.53, it would amount to US$705k. Since September 2022, Sterling's direct individual holding has decreased from 52.95m shares to 46.05m. Company insiders have collectively sold US$13m more than they bought, via options and on-market transactions in the last 12 months. New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.4% per year for the foreseeable future. Minor Risks Currently unprofitable and not forecast to become profitable over next 3 years (US$934m net loss in 3 years). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (31% increase in shares outstanding). Revenue is less than US$5m (US$5.0m revenue). Reported Earnings • Aug 04
First half 2023 earnings released: US$0.35 loss per share (vs US$1.09 loss in 1H 2022) First half 2023 results: US$0.35 loss per share (improved from US$1.09 loss in 1H 2022). Net loss: US$414.0m (loss narrowed 66% from 1H 2022). Revenue is forecast to grow 71% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US. Annonce • Jul 24
Aurora Innovation, Inc. to Report Q2, 2023 Results on Aug 02, 2023 Aurora Innovation, Inc. announced that they will report Q2, 2023 results After-Market on Aug 02, 2023 Annonce • Jun 17
Aurora Releases Open-Source Autonomous Driving Dataset Aurora Innovation, Inc. publicly released the Aurora Multi-Sensor Dataset, a large-scale multi-sensor dataset with localization ground truth, in collaboration with the University of Toronto. The dataset contains rich metadata such as semantic segmentation and spans weather patterns during all four seasons, including rain, snow, overcast and sunny days, as well as different times of day, and a variety of traffic conditions. It is between one and two orders of magnitude larger than other publicly available localization datasets and can be used to develop and evaluate large-scale, long-term approaches to autonomous vehicle localization. This dataset was previously introduced as PIT30M at the International Conference on Intelligent Robots and Systems (IROS) 2020, one of the world’s top robotics publication venues, in a paper that was nominated as a Finalist for Best Application Paper. Martinez, J., Doubov, S., Fan, J., Wang, S., Máttyus, G., & Urtasun, R. (2020, October). Pit30M: A benchmark for global localization in the age of self-driving cars. In 2020 IEEE/RSJ International Conference on Intelligent Robots and Systems (IROS) (pp. 4477-4484). IEEE. In making this data broadly available to the academic community, Aurora hopes to contribute to meaningful engineering research and development that will spur continued progress in the autonomous systems field. The Aurora Multi-Sensor Dataset’s size and diversity also make it suitable for a wide range of research areas such as 3D reconstruction, HD map construction, and map compression, among others. The Aurora Multi-Sensor Dataset was captured between January 2017 and February 2018 in the metropolitan area of Pittsburgh, PA, by Uber Advanced Technologies Group (ATG), which was acquired by Aurora in January 2021. The data was captured using a 64-beam Velodyne HDL-64E LiDAR sensor and seven 1920x1200-pixel resolution cameras including a forward-facing stereo pair and five wide-angle lenses covering a 360º view around the vehicle. The Aurora Multi-Sensor Dataset is hosted on Amazon Simple Storage Service (S3), made available through the Open Data Sponsorship Program, and is intended for non-commercial academic use. It is licensed under the Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License (CC BY-NC 4.0). Annonce • Jun 16
Aurora Innovation, Inc. Names David Maday as Chief Financial Officer Aurora Innovation, Inc. announced that it has named David Maday as its new Chief Financial Officer, effective June 14, 2023. Maday assumes the role from Richard Tame, who is stepping down to pursue other opportunities. Tame will continue with the company until August 31, 2023 to support a smooth transition. Maday previously served as Aurora’s Senior Vice President of Business Development and Product Strategy. Prior to joining Aurora, Maday spent over 20 years at General Motors, including leading the transformation of GM's Product Program Finance organization. In this capacity, he was accountable for prioritization, tracking and reporting of the global product portfolio that encompassed multi-billion dollar capital and engineering expenditures annually. He also oversaw the development and implementation of financial metrics that increased focus on controllable factors to maximize return on invested capital. In his role leading Corporate Development and Global M&A, he developed and executed several multi-billion dollar partnerships. Recent Insider Transactions Derivative • Jun 11
Co-Founder notifies of intention to sell stock Sterling Anderson intends to sell 200k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of June. If the sale is conducted around the recent share price of US$2.03, it would amount to US$406k. Since September 2022, Sterling's direct individual holding has decreased from 52.95m shares to 52.65m. There has only been one transaction (US$195k sale) from insiders over the last 12 months. Recent Insider Transactions Derivative • Feb 07
Co-Founder notifies of intention to sell stock Sterling Anderson intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 2nd of February. If the sale is conducted around the recent share price of US$2.05, it would amount to US$102k. Since March 2022, Sterling's direct individual holding has increased from 52.63m shares to 52.93m. There have been no trades via on-market transactions or options from company insiders in the last 12 months. Annonce • Jan 31
Aurora Innovation, Inc. Appoints Ossa Fisher as President Aurora Innovation, Inc. announced it has appointed Ossa Fisher as the company’s president. Fisher brings more than 20 years of leadership experience to Aurora, spanning strategy, operations, and business functions across a wide variety of technology organizations. As the company focuses on scaling operations and preparing for commercial launch in 2024, Fisher will play a pivotal role in supporting and advancing these critical initiatives. Fisher is expected to begin in February and will be joining Aurora from Istation, where she has served as president and chief operating officer since 2019 and oversaw a number of the company’s functions including engineering, product, sales, marketing, customer success, and more. Prior to this, Fisher held other leadership roles at the e-learning platform since joining in 2015, including two years as chief marketing officer, before expanding her role and responsibilities. Fisher’s previous roles include serving as a senior vice president of strategy and analytics at Match Group and being named a partner at Bain & Company where she was a leader in the technology, media and telecom practice. Annonce • Jan 26
Aurora Innovation, Inc. to Report Q4, 2022 Results on Feb 15, 2023 Aurora Innovation, Inc. announced that they will report Q4, 2022 results After-Market on Feb 15, 2023 Annonce • Dec 20
Aurora Releases Aurora Driver Beta 5.0, as Company Advances Toward Commercial Launch Aurora Innovation, Inc. released Aurora Driver Beta 5.0, the latest version of its integrated hardware and autonomy system, to its autonomous trucking fleet in Texas. With a more performant Aurora Driver, Aurora advances toward commercial launch and continues to increase its weekly hauls of freight for pilot customers like FedEx, Uber Freight, Werner, and Schneider. Safe and reliable autonomous driving, while being courteous and also handling the nuances of the road, is essential to launch commercial operations at scale. Aurora Driver Beta 5.0 unlocks key safety-critical and increasingly complex highway driving capabilities, enabling the Aurora Driver to autonomously operate in more scenarios. These new capabilities include: Detecting and appropriately responding to emergency vehicles like ambulances, fire engines, and law enforcement vehicles. Safely re-entering traffic after resolving a system problem that prompted the Aurora Driver to pull over to the shoulder. Navigating lanes with temporary barriers, a typical scenario in construction zones. Major Estimate Revision • Dec 10
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 expected loss increased from -US$1.06 to -US$1.43 per share. Revenue forecast unchanged at US$66.1m. Commercial Services industry in the US expected to see average net income growth of 9.4% next year. Consensus price target down from US$4.70 to US$4.36. Share price fell 14% to US$1.24 over the past week. Price Target Changed • Nov 16
Price target decreased to US$4.70 Down from US$5.20, the current price target is an average from 3 analysts. New target price is 153% above last closing price of US$1.86. Stock is down 81% over the past year. The company is forecast to post a net loss per share of US$1.06 next year compared to a net loss per share of US$1.22 last year. Annonce • Nov 05
Aurora Innovation, Inc. Promotes Nolan Shenai to Serve as General Counsel Aurora Innovation, Inc. announced the appointment of Nolan Shenai as General Counsel. Shenai previously served as Auroras Interim General Counsel from June 2022 and Deputy General Counsel from August 2020. Shenai has more than 15 years of experience as a practicing attorney, including almost a decade in the automotive and autonomous vehicle industries. Since joining Aurora in August 2020, Shenai has played a critical role in helping the company shepherd key strategic collaborations with industry leaders like FedEx, Uber Freight, Schneider, and Werner. Prior to joining Aurora in August of 2020, Shenai held leadership positions at Waymo and at Jaguar Land Rover. He began his career in private practice as a commercial litigator at Clark Hill PLC and Obermayer Rebmann Maxwell &Hippel in Philadelphia. Shenai received his JD from Vanderbilt University and his BA from the University of Pennsylvania, where he is also an adjunct professor and teaches on the law of autonomous vehicles. Shenai also holds a Masters of Letters degree from the University of St. Andrews in Scotland. Annonce • Oct 13
Aurora Innovation, Inc. to Report Q3, 2022 Results on Nov 02, 2022 Aurora Innovation, Inc. announced that they will report Q3, 2022 results After-Market on Nov 02, 2022 Price Target Changed • Oct 12
Price target decreased to US$4.70 Down from US$5.20, the current price target is an average from 3 analysts. New target price is 116% above last closing price of US$2.17. Stock is down 78% over the past year. The company is forecast to post a net loss per share of US$1.08 next year compared to a net loss per share of US$1.22 last year. Annonce • Sep 03
Aurora Innovation Reportedly Mulls Possible Sale to Apple or Microsoft Aurora Innovation, Inc. (NasdaqGS:AUR Chief Executive Chris Urmson recently outlined several options for the self-driving tech firm to combat challenging market conditions, including a possible sale to Apple Inc. (NasdaqGS:AAPL) or Microsoft Corporation (NasdaqGS:MSFT), Bloomberg News reported. Annonce • Jul 15
Aurora Innovation, Inc. Demonstrates Autonomous Vehicles Safely Navigating On-Road System Issues Aurora Innovation, Inc. delivered its Beta 3.0 product update and demonstrated its Fault Management System – specifically the Aurora Driver’s ability to detect system issues and respond by safely pulling over to the side of the road without any human involvement. A reliable Fault Management System is essential for safely operating autonomous vehicle fleets for commercial customers and enabling broad commercialization. Annonce • Jul 13
Aurora Innovation, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Aurora Innovation, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 03, 2022 Price Target Changed • Jun 01
Price target decreased to US$8.08 Down from US$9.08, the current price target is an average from 3 analysts. New target price is 168% above last closing price of US$3.02. Stock is down 69% over the past year. The company is forecast to post a net loss per share of US$0.70 next year compared to a net loss per share of US$1.22 last year.