Comparing Innoviz Technologies (INVZ) and Its Rivals

Innoviz Technologies (NASDAQ:INVZ – Get Rating) is one of 69 public companies in the “Motor vehicle parts & accessories” industry, but how does it compare to its rivals? We will compare Innoviz Technologies to similar businesses based on the strength of its earnings, dividends, analyst recommendations, institutional ownership, profitability, valuation and risk.

Analyst Ratings

This is a breakdown of recent ratings and target prices for Innoviz Technologies and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Innoviz Technologies	0	0	3	0	3.00
Innoviz Technologies Competitors	678	2596	3011	82	2.39

Innoviz Technologies currently has a consensus price target of $11.33, suggesting a potential upside of 239.32%. As a group, “Motor vehicle parts & accessories” companies have a potential upside of 48.82%. Given Innoviz Technologies’ stronger consensus rating and higher probable upside, equities analysts clearly believe Innoviz Technologies is more favorable than its rivals.

Profitability

This table compares Innoviz Technologies and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Innoviz Technologies	-2,808.83%	-85.42%	-46.98%
Innoviz Technologies Competitors	-158.92%	1.51%	-1.58%

Earnings & Valuation

This table compares Innoviz Technologies and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Innoviz Technologies	$5.47 million	-$153.56 million	-1.35
Innoviz Technologies Competitors	$5.20 billion	$136.29 million	19.64

Innoviz Technologies’ rivals have higher revenue and earnings than Innoviz Technologies. Innoviz Technologies is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

Innoviz Technologies has a beta of 0.91, suggesting that its stock price is 9% less volatile than the S&P 500. Comparatively, Innoviz Technologies’ rivals have a beta of 1.64, suggesting that their average stock price is 64% more volatile than the S&P 500.

Institutional and Insider Ownership

38.3% of Innoviz Technologies shares are held by institutional investors. Comparatively, 64.9% of shares of all “Motor vehicle parts & accessories” companies are held by institutional investors. 12.9% of shares of all “Motor vehicle parts & accessories” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Innoviz Technologies rivals beat Innoviz Technologies on 10 of the 13 factors compared.

About Innoviz Technologies (Get Rating)

Innoviz Technologies Ltd. designs and manufactures solid state LiDAR sensors and develops perception software that enable the mass-production of autonomous vehicles. The company manufactures InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxi, shuttle, trucking, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Its automotive-grade sensor is integrable into Level 3 through 5 autonomous vehicles for the safety of passengers and pedestrians. The company also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as option to integrate the perception application in the LiDAR sensor; and perception application, a software application that turns the InnovizOne LiDAR's raw point cloud data into perception outputs to provide superior scene perception and deliver an automotive-grade ASIL B(D) solution. Its products can be used in various industries, including robotaxis, shuttles, delivery vehicles, buses, trucking, drones, and robotics, as well as construction, agriculture, smart city, security, mining, maritime, and mapping. The company operates in Europe, the Middle East, Africa, and North America. Innoviz Technologies Ltd. was incorporated in 2016 and is headquartered in Rosh HaAyin, Israel.