Aurora Innovation (AUR) Reiterated at Overweight by Cantor Fitzgerald on First-Mover Advantage

Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating and $12.00 price target on Aurora Innovation Inc (NASDAQ: AUR).

The analyst commented, "Our thesis remains unchanged, and we continue to believe AUR benefits from first-mover advantage (in a large TAM), favorable regulation, an asset-light and high-margin business model (at scale), limited competition (currently), and material partnerships. Finally, with total liquidity of $1.2B (as of 2Q), management expects the company to be financed through positive FCF in FY28 (on a run-rate basis). While AUR's shares underperformed following the analyst day (we believe mostly driven by the slight delay in breakeven gross margins to 1H27 (from prior 4Q26), and the 60% GM target in 2030 (vs. prior 70%)), we view this as a great entry point for investors with a >12-month investment horizon, ahead of production materially ramping up."

For an analyst ratings summary and ratings history on Aurora Innovation Inc click here. For more ratings news on Aurora Innovation Inc click here.

Shares of Aurora Innovation Inc closed at $6.04 yesterday.

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