AUR Stock Summary and Trading Ideas (Aurora Innovation - Class A | NASDAQ:AUR)

Aurora Innovation Inc is engaged in delivering self-driving technology safely, quickly, and broadly. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles, and underpins Aurora Horizon and Aurora Connect, its driver-as-a-service products for trucking and ride-hailing. The Company is developing the Aurora Driver, an advanced and scalable suite of self-driving hardware, software and data services designed as a platform to adapt and interoperate amongst vehicle types and applications.

Aurora Innovation - Class A trades on the NASDAQ stock market under the symbol AUR.

As of December 13, 2024, AUR stock price declined to $6.97 with 11,302,035 million shares trading.

AUR has a beta of 3.14, meaning it tends to be more sensitive to market movements. AUR has a correlation of 0.17 to the broad based SPY ETF.

AUR has a market cap of $11.98 billion. This is considered a Large Cap stock.

In the last 3 years, AUR traded as high as $14.25 and as low as $1.10.

The top ETF exchange traded funds that AUR belongs to (by Net Assets): IWM, VTI, VB, VGT, VBR.

AUR has outperformed the market in the last year with a price return of +122.0% while the SPY ETF gained +29.9%. AUR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +38.0% and +7.7%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

AUR support price is $6.88 and resistance is $7.84 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AUR shares will trade within this expected range on the day.