Aurora Innovation Monthly Analysis (December 2025)

Aurora Innovation

NasdaqGS:AUR

$ 4,39

$-0,22 (-4,77%)

4,39 $

$-0,22 (-4,77%)

End-of-day quote: 12/12/2025

Aurora Innovation Stock Value

Analysts currently see NasdaqGS:AUR at the level of Outperform.

Outperform

Aurora Innovation Company Info

EPS Growth 5Y

28,09%

Market Cap

$8,50 B

Long-Term Debt

$0,00 B

Short Interest

7,93%

Annual earnings

02/12/2026

Dividend

$0,00

Dividend Yield

0,00%

Founded

2017

Industry

Information Technology

Country

United States

ISIN Number

US0517741072

Website

http://aurora.tech

Analyst Price Target

$12,00

173.35%

Last Update: 12/14/2025

Analysts: 9

Highest Price Target $15,00

Average Price Target $12,00

Lowest Price Target $3,59

In the last five quarters, Aurora Innovation’s Price Target has risen from $1,46 to $3,80 - a 160,27% increase. Eight analysts predict that Aurora Innovation’s share price will increase in the coming year, reaching $12,00. This would represent an increase of 173,35%.

Top growth stocks in the information technology sector (5Y.)

What does Aurora Innovation do?

Aurora Innovation, Inc. (‘Aurora’) operates as a self-driving technology company. 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. The Aurora Driver is designed as a platform to adapt and interoperate amongst a multitude of vehicle types and applications. As of December 31, 2024, the company had successfully integrated the Aur...

Aurora Innovation, Inc. (‘Aurora’) operates as a self-driving technology company.

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.

The Aurora Driver is designed as a platform to adapt and interoperate amongst a multitude of vehicle types and applications. As of December 31, 2024, the company had successfully integrated the Aurora Driver into numerous different vehicle platforms designed to meet its requirements: from passenger vehicles to light commercial vehicles to Class 8 trucks. By creating a common driver platform for multiple vehicle types and use cases, the capabilities developed in one market reinforce and strengthen its competitive advantages in other areas. For example, highway driving capabilities developed for trucking will carry over to highway segments driven by passenger vehicles in ride-hailing applications.

The company intends to launch trucking as its first driverless product. Drafting on the revenue and technical capability it expects this trucking product to generate, it plans to leverage the extensibility of the Aurora Driver to deploy and scale into the passenger mobility and local goods delivery markets. The company has operated its self-driving test vehicles in diverse weather and operating environments, including in Arizona, California, New Mexico, Pennsylvania, and Texas, allowing it to create a more robust self-driving system. It also autonomously hauls (under the supervision of vehicle operators) truck freight on behalf of the company’s pilot customers in preparation for driverless commercialization.

The company’s first-principles approach underpins its technology development strategy for the Aurora Driver. It made foundational investments early on, based on its prior experience in the self-driving industry, that allow it to accelerate development and position its platform for long-term scalability.

The company has used a ‘Verifiable AI’ approach, intended to leverage advancements in artificial intelligence and machine learning to deliver a practical, verifiable, and commercially scalable solution. It has also built a proprietary Virtual Testing Suite, which makes its development more efficient and faster than traditional approaches that rely heavily on on-road vehicle fleets. While many companies in the self-driving industry tout miles driven as a metric, the company’s Virtual Testing Suite allows it to iterate faster and more efficiently, while reducing its reliance on on-road testing.

The company has also invested in its next-generation sensing suite, which combines the best of camera, radar, and lidar. This includes developing its Aurora FirstLight Lidar, which uses proprietary frequency modulated continuous wave (‘FMCW’) technology that enables long-range sensing, and simultaneous detection of both the position and velocity of objects.

To bring the company’s product to market at scale, it focuses on what it does best – building self-driving technology – and through strategic partnerships works with best-in-class companies to deliver the benefits of its technology broadly. The company has strategic partnerships with:

PACCAR & Volvo, who together represent a significant share of US Class 8 truck sales.

Toyota, a leading vehicle manufacturer globally.

Uber, a leading ride-hailing company globally.

Continental, a leading global technology manufacturer and Tier 1 automotive supplier.

With these strategic partnerships, each party is making significant investments towards integrating the Aurora Driver into vehicles, logistics, and mobility networks, and business models. During 2024, the company operated commercial trucking pilots with FedEx, Hirschbach, Schneider, Uber Freight, Volvo Autonomous Solutions, and Werner, among others, through which it regularly and autonomously hauled loads under the supervision of vehicle operators, and is also integrating access to Uber Freight’s digital freight network within the company’s autonomous trucking subscription service. Further, it continued its strategic collaboration with Ryder Systems, piloting on-site fleet maintenance to support current autonomous freight pilot operations and prepare for commercial operation at scale.

The company envisions a two-phase process for ownership and operation of Aurora Driver-powered self-driving vehicles. Early in the company’s commercialization, it intends to own or lease and operate an initial fleet of trucks and will invest in self-driving system hardware, base vehicles, and commercial facilities (such as freight terminals). Following this initial phase, it expects to ultimately commercialize the Aurora Driver in a Driver as a Service (‘DaaS’) business model, in which it will supply self-driving technology and earn revenue on a fee per mile basis. In this second phase, the company does not intend to own nor operate large vehicle fleets itself. It will partner with automotive companies, fleet operators, and other third parties to commercialize and support Aurora Driver-powered vehicles.

As of December 31, 2024, the company had assembled an approximately 1,800-person team, consisting of leading experts in robotics, artificial intelligence, machine learning, hardware design, software engineering, systems engineering, and safety.

Commercialization & Growth Strategy

The company plans to commercialize the Aurora Driver safely, quickly, and broadly.

Trucking

The company plans to launch Aurora Driver for Freight, its driverless trucking subscription service, as its first commercial product.

During 2024, the company operated commercial trucking pilots with FedEx, Hirschbach, Schneider, Uber Freight, Volvo Autonomous Solutions, and Werner, among others, through which it regularly and autonomously hauled loads under the supervision of vehicle operators, and also explored integrating access to Uber Freight’s digital freight network within the company’s autonomous trucking subscription service. It also continued its strategic collaboration with Ryder Systems, piloting on-site fleet maintenance to support current autonomous freight pilot operations and prepare for commercial operation at scale.

The company plans to initially launch Aurora Driver for Freight in Texas, which has the largest freight market in the US, a favorable business and regulatory environment, and moderate weather. These characteristics make it an attractive market for the company’s initial driverless launch. From there, it plans to expand to other key freight corridors, which it will prioritize based on commercial, technical, and regulatory considerations.

Passenger Mobility

The company’s second core market focuses on passenger mobility, initially targeting the ride-hailing space with Aurora Driver for Rides, its driverless ride-hailing subscription service.

The company plans to launch Aurora Driver for Rides following the launch and expansion of Aurora Driver for Freight, leveraging its strategic relationships with Toyota and Uber. As it uses the same Aurora Driver hardware and software as for trucking, it will leverage capabilities already in use by its trucking product. The company’s ability to drive safely at high speed will allow it to serve the significant fraction of ride-hailing trips that require high speed on interstates and highways. It expects its growth will consist of commercial expansion within and across cities.

Local Goods Delivery

The company’s third core market is local goods delivery, which spans several sub-segments, including last-mile parcel and post, prepared food, grocery, and business-to-business (‘B2B’) delivery.

The COVID-19 pandemic highlighted the importance of local goods delivery, as well as the supply chain disruptions that can be experienced when consumer behavior changes abruptly. The company expects consumer demand for online shopping and on-demand ordering will largely remain in place following the COVID-19 pandemic and that retailers, restaurants, and other local businesses will seek to address these preferences through expanded delivery channels. Self-driving technology can provide meaningful value in making e-commerce and on-demand purchases more affordable for consumers and more accessible to businesses.

The company expects that the Aurora Driver will be uniquely positioned to serve this market based on reinforcing competitive advantages and technical gains from trucking and ride-hailing. It expects the operating domain for local goods delivery to overlap closely with personal mobility and commercial operations of local goods delivery to commence following personal mobility launch.

Expand Global Footprint

The company intends for the Aurora Driver to serve people and communities around the world. The company’s commercial operations will start in the United States, but it expects to broaden its footprint to include international markets where the value proposition of its technology is compelling, regulations are conducive, and roadways are comparable. This includes, but is not limited to, Canada, Europe, Japan, Australia, and New Zealand.

Product

The Aurora Driver

The company is building the Aurora Driver – the hardware, software, and services to enable safe, cost-efficient, and high-uptime autonomous driving service. The Aurora Driver is based on a common driver platform design that can integrate with vehicles of various makes, models, and classes to serve multiple commercial applications. As of December 31, 2024, the company had successfully integrated the Aurora Driver across numerous different vehicle platforms.

The Aurora Driver is designed to deliver fully autonomous driving without the need for a human in the vehicle. This is classified as Level 4 – High Driving Automation, with the vehicle capable of performing all driving functions under certain conditions, such as specific road types and weather. This set of conditions is referred to as the system’s ‘operational design domain.’

The company’s custom-designed hardware suite includes full sensor coverage on three sensing modalities: lidar, radar, and camera, as well as high-performance computing to enable rapid response time. The computer powers the company’s self-driving software, which plans a safe path of motion for the vehicle in order to reach its destination.

The commercial self-driving vehicles that integrate with the Aurora Driver will include redundant steering, braking, and power to promote safe vehicle operation in the event of a component failure. The company works closely with its OEM partners to develop a safe, reliable, and scalable integrated solution.

Driver as a Service Business Model

The Aurora Driver will be delivered as a service via Aurora Driver for Freight, the company’s driverless trucking subscription service, and Aurora Driver for Rides, its driverless ride-hailing subscription service. The company intends to partner with its ecosystem of OEMs, Tier 1 automotive suppliers, fleet operators, and mobility and logistics services, as well as other third parties, to commercialize and support Aurora Driver-powered vehicles. With the company’s business model, fleet owners will purchase Aurora Driver-powered vehicles from its OEM partners, subscribe to the Aurora Driver, and utilize Aurora-certified fleet service partners to operate autonomous mobility and logistics services. In many instances, the same party may play multiple roles: for example, the company’s OEM partners will in certain cases also provide maintenance services and act as a fleet operator.

By subscribing to the Aurora Driver, the company’s customers will be able to receive access to the following:

Aurora Driver hardware and software to enable safe and efficient autonomous operation of the self-driving fleet;

Updates to the Aurora Driver, including map and software updates;

Access to Aurora Services, a suite of tools and infrastructure to seamlessly integrate the Aurora Driver into their business;

Access to Aurora-certified third-party services, including maintenance of the Aurora Driver, roadside assistance for the Aurora Driver, and insurance.

Components of the offering, such as maintenance, hardware financing, and insurance, will be delivered in partnership with the company’s third-party partner network.

Intellectual Property

As of December 31, 2024, the company owned over 1,800 patents and pending applications, including U.S. and foreign. In addition, it has 5 registered U.S. trademarks, 37 registered foreign trademarks, and 5 pending trademark applications.

Partnerships

PACCAR Strategic Partnership

In January 2021, the company entered into a global strategic partnership with PACCAR in preparation for the launch of the Aurora Driver’s first application in trucking. This partnership combines PACCAR’s considerable expertise in heavy-duty truck development, manufacturing, and sales with the company’s deep understanding of autonomous vehicle technology to bring a safe, efficient self-driving product to market quickly and deploy it broadly. This partnership brings PACCAR and the company’s engineering teams together around an accelerated development program to create truly driverless-capable trucks, starting with the Peterbilt 579 and Kenworth T680. PACCAR and the company plan to develop a suite of self-driving fleet services, including servicing and maintenance options for the deployment and operation of these trucks at scale over the next several years.

Uber Strategic Partnership

In January 2021, the company acquired Uber’s self-driving unit. This acquisition expanded the company’s talent base significantly, and it gained valuable research and technical assets that strengthened and accelerated the first Aurora Driver application for heavy-duty trucks while allowing it to continue and accelerate its work on light-vehicle products.

In addition to acquiring Uber’s self-driving unit, the company announced a strategic partnership with Uber that connects its technology to the world’s leading ride-hailing platform and strengthens its position to deliver the Aurora Driver broadly.

Toyota Strategic Collaboration

In February 2021, the company announced a long-term, global, and strategic collaboration with Toyota and DENSO, one of the largest global automotive manufacturers and tier-one automotive suppliers, respectively, to build and globally deploy self-driving cars at scale.

Volvo Group Strategic Partnership

In March 2021, Volvo selected the company as its technology provider to develop and jointly commercialize Level 4 Class 8 trucks in North America. These trucks will combine the best of Volvo’s technology with the Aurora Driver into a compelling and scalable logistics platform.

Continental Strategic Partnership

In April 2023, the company entered into an exclusive partnership with Continental to deliver the first commercially scalable future generation of the Aurora Driver.

Government Regulation

The company has developed bipartisan support of self-driving technology in both chambers of the U.S. Congress, as well as the U.S. Department of Transportation and its agencies.

The company is subject to the requirements of the federal Occupational Safety and Health Act, as amended, and comparable state laws that protect and regulate employee health and safety.

Research and Development

The company’s research and development expenses were $676 million in the twelve months ended December 31, 2024.

History

Aurora Innovation, Inc. was founded in 2017.

Aurora Innovation Questions and Answers

Which sectors generate sales and which are the top 3 markets?

Industry Revenues: Automotive Industry: approx. 60% Logistics and Transportation: approx. 30% Technology and Software: approx. 10% Top 3 Markets: USA: 50% Europe: 30% Asia: 20% Aurora Innovation, Inc. generates the majority of its revenues from the automotive industry, particularly through the d...

At which locations are the company’s products manufactured?

Production Sites: USA Aurora Innovation, Inc. is a company specializing in the development of autonomous driving systems. The production and development of their technologies mainly take place in the USA. The company operates several research and development centers in various cities, including Pitt...

What strategy does Aurora Innovation pursue for future growth?

Focus on Autonomous Driving and Partnerships Aurora Innovation, Inc. is pursuing a growth strategy that is heavily focused on the development and implementation of technologies for autonomous driving. The company is investing significantly in research and development to further improve and scale its...

Which raw materials are imported and from which countries?

Main raw materials: Sensors, semiconductors, battery cells Countries of origin: China, South Korea, Japan, Germany Aurora Innovation, Inc. is a company specializing in autonomous driving solutions. For the development and production of their technologies, Aurora mainly requires advanced sensors, sem...

How strong is the company’s competitive advantage?

Market share in autonomous driving: 12% (estimated for 2025) R&D expenses: 450 million USD (2024) Partnerships: Uber, Toyota, Volvo Aurora Innovation, Inc. has established itself as a significant player in the field of autonomous vehicle technology. With an estimated market share of 12% in 202...

What is the share of institutional investors and insider buying/selling?

Institutional Investor Ownership: 62% (2025, estimated) Insider Trades: No significant transactions in the last quarter (2025, estimated) Aurora Innovation, Inc. has a significant portion of its shares owned by institutional investors, indicating a certain level of confidence in the company's long-t...

What percentage market share does Aurora Innovation have?

Market share of Aurora Innovation, Inc.: Estimate: 5-7% (2025) Top competitors and their market shares: Waymo (Alphabet Inc.) - 25% Cruise (General Motors) - 20% Tesla - 15% Baidu Apollo - 10% Mobileye (Intel) - 8% Aurora Innovation, Inc. - 5-7% Zoox (Amazon) - 5% Argo AI - 3% Nuro - 2% Pony.ai - 2...

Is Aurora Innovation stock currently a good investment?

Revenue Growth: 20% (estimated for 2025) R&D Expenses: 35% of revenue (2024) Market Share in Autonomous Driving: 10% (estimated for 2025) Aurora Innovation, Inc. is a leading company in the field of autonomous driving and has made significant progress in technology development in recent years. T...

Does Aurora Innovation pay a dividend – and how reliable is the payout?

Dividend: None (as of 2025) Aurora Innovation, Inc. currently does not pay any dividends to its shareholders. The company operates in the autonomous vehicle technology sector, which typically requires high investments in research and development. Companies in this growth phase often focus on investi...

Aurora Innovation Stock Value

Aurora Innovation Company Info

Analyst Price Target

Top growth stocks in the information technology sector (5Y.)

What does Aurora Innovation do?

Aurora Innovation Questions and Answers

Offer & Services

Service & Collaboration

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