Based on the provided data and recent market activity, here's a concise analysis of whether AUR is overvalued:
Aurora Innovation (AUR) appears significantly overvalued at current levels, with the stock showing concerning technical and fundamental signals.
The company reported zero revenue in 2023 compared to $68M in 2022, while continuing to generate substantial net losses (-$796M in 2023).
Technical indicators suggest overbought conditions with RSI-14 at 48.71 and the stock trading well above its key moving averages (SMA200 at $5.07 vs. current price around $7).
The stock has experienced extreme volatility, surging 41.53% after Q4 results before dropping 21.18% last week amid broader market weakness.
With no clear path to profitability and a market valuation that appears disconnected from fundamentals, the current price level around $7 seems unsustainable given the company's early commercial stage and significant execution risks.