Aurora's truck production schedule delayed by supply, quality issues. The autonomous trucking company is working with Roush to upfit trucks, and despite the delay, still expects to have more than 1,000 trucks ready by the end of 2027. Published Nov. 6, 2026 First published on Dive brief: * Aurora Innovation's truck production ramp fell six weeks behind schedule due to material shortages and component quality issues, executives shared during the company's Q3 earnings call Oct. 28. * "These, of course, were unplanned challenges," CEO Chris Urmson said during the call, adding Aurora has "taken the time to make sure that the quality of the components meets the stringent reliability thresholds we have." * Aurora and upfitter Roush aim to produce 20 trucks per week across two shifts by early December. The company expects to have built 200 trucks by February and more than 1,000 trucks by the end of 2027. Dive insight: The delay comes as Aurora starts building trucks at volume on its second-generation hardware. That platform, released in July, provided the foundation from which the company could scale. Preliminary builds completed before the company's Sept. 23 investor day "were looking quite good," Urmson said, but problems surfaced once production scaled. During the investor day event, Aurora announced its targets of 30,000 trucks and $5 billion in revenue by 2030. "We, of course, swarmed the team on this. We've been working hard to overcome it, and we're excited about the improvements we've made," Urmson said. In some cases, the fix has been finding alternative suppliers. Wire harnessing, for example, will be outsourced to a "more capable production supplier," CFO David Maday said during the earnings call. Maday said the problem is not component pricing but making sure the parts were right for the company's new platform. "This didn't have or doesn't have cost impacts for us. In most cases, this was cost neutral to even potential savings, especially if you look at the reduction in the rework and the quality benefits of it," Maday added. Aurora anticipates a cash spend of $250 million in Q4 as it continues to ramp production of its driverless fleet.

AUR stock earnings estimates reduced by Northland Securities. Aurora Innovation, Inc. (NASDAQ:AUR - Free Report) - Research analysts at Northland Securities cut their Q1 2027 earnings per share estimates for shares of Aurora Innovation in a research report issued to clients and investors on Thursday, October 29th. Northland Securities analyst M. Latimore now expects that the company will post earnings of ($0.14) per share for the quarter, down from their previous forecast of ($0.13). The consensus estimate for Aurora Innovation's current full-year earnings is ($0.48) per share. Northland Securities also issued estimates for Aurora Innovation's Q2 2027 earnings at ($0.13) EPS, Q3 2027 earnings at ($0.13) EPS, Q4 2027 earnings at ($0.13) EPS, FY2027 earnings at ($0.53) EPS, FY2028 earnings at ($0.41) EPS and FY2029 earnings at ($0.34) EPS. Several other equities research analysts have also weighed in on the stock. Zacks Research lowered shares of Aurora Innovation from a "hold" rating to a "strong sell" rating in a report on Monday, October 12th. Oppenheimer increased their target price on shares of Aurora Innovation from $15.00 to $16.00 and gave the stock an "outperform" rating in a research report on Thursday, October 8th. Needham & Company LLC cut their price target on shares of Aurora Innovation from $13.00 to $10.00 and set a "buy" rating for the company in a report on Thursday. Canaccord Genuity Group boosted their price target on shares of Aurora Innovation from $15.00 to $17.00 and gave the company a "buy" rating in a research report on Thursday, September 24th. Finally, The Goldman Sachs Group decreased their price objective on shares of Aurora Innovation from $7.00 to $6.00 and set a "neutral" rating on the stock in a research note on Thursday. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $12.56. Aurora Innovation price performance. Shares of NASDAQ AUR opened at $4.23 on Monday. The business has a fifty day moving average of $5.65 and a two-hundred day moving average of $5.61. Aurora Innovation has a 52-week low of $3.60 and a 52-week high of $8.56. Aurora Innovation (NASDAQ:AUR - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The company reported ($0.12) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.12). Aurora Innovation had a negative return on equity of 47.05% and a negative net margin of 13,328.57%. The firm had revenue of $3.00 million during the quarter, compared to analyst estimates of $2.99 million. Aurora Innovation's quarterly revenue was up 200.0% compared to the same quarter last year. Insider transactions at Aurora Innovation. In other Aurora Innovation news, Director Michelangelo Volpi sold 2,842,682 shares of Aurora Innovation stock in a transaction on Monday, August 17th. The stock was sold at an average price of $7.00, for a total value of $19,898,774.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders sold 6,390,753 shares of company stock valued at $44,826,378. Insiders own 8.52% of the company's stock. Institutional trading of Aurora Innovation. A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp lifted its position in Aurora Innovation by 6.0% during the 2nd quarter. State Street Corp now owns 22,922,729 shares of the company's stock worth $156,333,000 after buying an additional 1,293,487 shares in the last quarter. Bank of America Corp DE increased its position in Aurora Innovation by 130.0% in the 1st quarter. Bank of America Corp DE now owns 30,036,169 shares of the company's stock valued at $123,749,000 after acquiring an additional 16,975,927 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Aurora Innovation by 4.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 11,807,009 shares of the company's stock valued at $48,621,000 after acquiring an additional 490,659 shares in the last quarter. Janus Henderson Group PLC increased its position in Aurora Innovation by 2,068.8% in the 1st quarter. Janus Henderson Group PLC now owns 11,243,080 shares of the company's stock valued at $46,319,000 after acquiring an additional 10,724,682 shares in the last quarter. Finally, Wellington Management Group LLP acquired a new stake in Aurora Innovation in the 2nd quarter valued at about $25,893,000. 44.71% of the stock is currently owned by institutional investors and hedge funds. Aurora Innovation company profile. Aurora Innovation, Inc develops autonomous driving technology for commercial trucks and passenger vehicles. Its core product, the Aurora Driver, combines artificial intelligence, sensors, mapping, and vehicle-control software to enable vehicles to perceive their surroundings, plan routes, and operate with limited or no human intervention. The company focuses initially on autonomous trucking and freight transportation, while also developing technology for passenger mobility applications. Receive News & Ratings for Aurora Innovation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aurora Innovation and related companies with MarketBeat.com's FREE daily email newsletter.

AUR investigation alert: Kessler Topaz Meltzer & Check, LLP encourages Aurora Innovation, Inc. (AUR) investors to contact the firm. RADNOR, Pa., Oct. 31, 2026 (GLOBE NEWSWIRE) - Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by Aurora Innovation, Inc. ("Aurora Innovation") (NASDAQ: AUR) on behalf of investors who purchased or acquired Aurora Innovation securities and experienced significant financial losses. Aurora Innovation Reports Production Delays On October 28, 2026, after the market closed, Aurora Innovation reported its third quarter 2026 financial results and revealed, among other things, that supply chain bottlenecks delayed the company's driverless truck targets. Specifically, Aurora Innovation disclosed that the company encountered unexpected production delays for its autonomous commercial trucks that will push back its commercial targets by roughly six weeks to two months. As a result, Aurora Innovation slashed its full-year 2026 revenue guidance. Aurora Innovation's Stock Drops Over 13% Following the news of Aurora Innovation's production delays and slashed guidance, the company's stock price fell over 13%. Investors who purchased Aurora Innovation, Inc. (NASDAQ: AUR) securities and experienced losses may have legal rights under the federal securities laws. CONTACT KTMC TO DISCUSS YOUR LEGAL RIGHTS: If you purchased or acquired Aurora Innovation, Inc. securities and have lost money on your investment, please provide your information here: https://www.ktmc.com/aur-aurora-innovation-inc-investigation?utm_campaign=hc?utm_source=Globe&utm_medium=pressrelease&utm_campaign=aur&mktm=PR There is no cost or obligation to speak with an attorney. ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP (KTMC): Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including being recognized in Chambers & Partners USA 2026 as a Band 1 Top Firm in Securities and Class Actions, Legal 500's Tier 1 Rankings for Securities and M&A Litigation, The National Law Journal's Plaintiff's Hot List and Trailblazers in Plaintiffs' Law, BTI Consulting Group's Honor Roll of Most Feared Law Firms, The Legal Intelligencer's Class Action Firm of the Year, Lawdragon's Leading Plaintiff Financial Lawyers, and Law360's Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent. May be considered attorney advertising in certain jurisdictions. Past results do not guarantee future outcomes.