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Investing.com - Cantor Fitzgerald has reiterated an Overweight rating and $12.00 price target on Aurora Innovation Inc (NASDAQ:AUR), highlighting the company’s successful launch of commercial self-driving truck operations. The company, currently valued at $10.4 billion with shares trading at $5.79, has seen its stock rise 47% over the past year despite recent volatility.InvestingPro analysis reveals 10+ additional investment insights about Aurora, including key metrics on financial health and growth potential. Access the comprehensive Pro Research Report for deep-dive analysis.
Aurora became the first publicly traded company to launch self-driving trucks in the United States when it began its commercial service named "Aurora Driver" in Texas on May 1, 2025. The company is also the first to operate a commercial self-driving service with heavy-duty trucks on public roads in the U.S.
As of June 30, 2025, Aurora-equipped trucks have autonomously driven more than 3.3 million cumulative miles, including both supervised and driverless operations. During its second-quarter earnings call, the company revealed that since commercialization in late April, the Aurora Driver has logged more than 20,000 driverless miles without any Aurora Driver-attributed collisions.
The company currently has three driverless trucks operating between Dallas and Houston. Aurora has also begun driverless operations at night ahead of schedule and opened a terminal in Phoenix, according to information disclosed in its second-quarter report.
For the second half of 2025, Aurora plans to increase its driverless commercial loads, improve its technology to handle rain and heavy wind conditions, and expand routes to include Fort Worth-El Paso and Phoenix connections. With analyst price targets ranging from $3.59 to $15.00, Cantor Fitzgerald views Aurora as a "Top Pick in Mobility" and considers current price levels "an attractive entry-point with considerable upside" for investors with a longer-term horizon.
In other recent news, Aurora Innovation Inc reported its Q2 2025 earnings, significantly surpassing revenue expectations with a reported $1,000,000 compared to the anticipated $503,330. This revenue beat highlights the company’s strong performance in its driverless trucking operations. Despite this positive financial outcome, the stock experienced a decline during regular trading hours. The decline continued slightly in aftermarket trading, indicating cautious investor sentiment. There were no recent mergers or acquisitions announced by Aurora Innovation. Analysts have not provided any new upgrades or downgrades for the company. These developments are crucial for investors to consider as they assess Aurora Innovation’s financial health and market position.
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