Aurora Innovation, Inc. (AUR) has disclosed a new risk, in the Accounting & Financial Operations category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Aurora Innovation, Inc. faces considerable financial uncertainty as it continues to invest heavily in its operations, with the risk that its cash needs may be underestimated. Their projected cash flow is riddled with uncertainties, largely beyond their control, and hinges on the successful commercialization of their self-driving technology—a milestone that may be delayed or not achieved. Should their operational costs surpass expectations, the company may confront the necessity to seek additional funding sooner than anticipated or modify its operational strategies, with no guarantee of favorable fundraising conditions.
Overall, Wall Street has a Moderate Sell consensus rating on AUR stock based on 1 Sell.
To learn more about Aurora Innovation, Inc.’s risk factors, click here.
