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Aurora Innovation (AUR) Targets Positive Free Cash Flow by 2028 Amid Ongoing Expansion
Yahoo Finance· 2026-02-12 10:54
Core Insights - Aurora Innovation, Inc. (NASDAQ:AUR) is recognized as one of the top autonomous driving stocks to consider for investment [1] - The company reported FY 2025 revenue of $3.0 million, which fell short of the Visible Alpha consensus estimate of $3.6 million [2] - Management remains optimistic, projecting positive free cash flow by 2028 and significant growth in their driverless network [3] Financial Performance - FY 2025 revenue was $3.0 million, below expectations [2] - The company incurred a loss from operations of $901 million, with R&D expenses totaling $745 million [2] - Revenue is projected to increase to $3.1 billion by 2030, with $2.4 billion expected from transportation [3] Operational Developments - The driverless network is anticipated to triple with a new software release, aiming for over 200 driverless trucks by the end of 2026 [3] - The truck fleet is expected to grow to 12,248 vehicles, with revenue per truck projected to reach nearly $3.5 million [3] - A commercial launch of Aurora's autonomous ride-hailing technology is expected in late 2026 [3] Strategic Outlook - The company’s co-founder and CEO, Chris Urmson, emphasized the arrival of "the era of superhuman logistics" [3] - Analysts predict revenue growth from $1 million in 2026 to $984 million by 2030 after the integration of the Aurora Driver system [3] - The company has laid off 3% of its staff as part of its operational adjustments [6]