Should I buy or sell Innoviz Technologies stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innoviz Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" INVZ shares. View INVZ analyst ratings or view top-rated stocks .

What is Innoviz Technologies' stock price target for 2024?

3 analysts have issued twelve-month target prices for Innoviz Technologies' shares. Their INVZ share price targets range from $2.50 to $7.00. On average, they expect the company's share price to reach $4.25 in the next year. This suggests a possible upside of 320.8% from the stock's current price. View analysts price targets for INVZ or view top-rated stocks among Wall Street analysts .

How have INVZ shares performed in 2024?

Innoviz Technologies' stock was trading at $2.53 on January 1st, 2024. Since then, INVZ shares have decreased by 60.1% and is now trading at $1.01. View the best growth stocks for 2024 here .

When is Innoviz Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our INVZ earnings forecast .

How can I listen to Innoviz Technologies' earnings call?

Innoviz Technologies will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Innoviz Technologies' earnings last quarter?

Innoviz Technologies Ltd. (NASDAQ:INVZ) released its earnings results on Wednesday, February, 28th. The company reported ($0.18) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.18). The business earned $14.92 million during the quarter, compared to analyst estimates of $12.25 million. Innoviz Technologies had a negative trailing twelve-month return on equity of 78.39% and a negative net margin of 591.37%.

What ETF holds Innoviz Technologies' stock?

Direxion Moonshot Innovators ETF holds 293,296 shares of INVZ stock, representing 1.66% of its portfolio.

What guidance has Innoviz Technologies issued on next quarter's earnings?

Innoviz Technologies updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.0 million-$6.0 million, compared to the consensus revenue estimate of $10.1 million.

Who are Innoviz Technologies' major shareholders?

Innoviz Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Kovack Advisors Inc. (0.02%).

How do I buy shares of Innoviz Technologies?

Shares of INVZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:INVZ

Innoviz Technologies (INVZ) Stock Price, News & Analysis

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$1.01

-0.05 (-4.72%)

(As of 04/19/2024 ET)

Compare

Today's Range: $1.01
▼
$1.07
50-Day Range: $1.01
▼
$1.74
52-Week Range: $1.01
▼
$4.39

Volume: 1.97 million shs
Average Volume: 2.96 million shs
Market Capitalization: $137.54 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.25

Get Innoviz Technologies alerts:

Innoviz Technologies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 320.8% Upside
$4.25 Price Target
Short Interest: Bearish
8.16% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.08
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.85) to ($0.50) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.44 out of 5 stars

Auto/Tires/Trucks Sector

60th out of 77 stocks

Motor Vehicle Parts & Accessories Industry

27th out of 31 stocks

3.3

Analyst's Opinion

Consensus Rating
Innoviz Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Innoviz Technologies has only been the subject of 3 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.16% of the float of Innoviz Technologies has been sold short.
Short Interest Ratio / Days to Cover
Innoviz Technologies has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in Innoviz Technologies has recently increased by 4.35%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Innoviz Technologies does not currently pay a dividend.
Dividend Growth
Innoviz Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for INVZ.

1.7

News and Social Media Coverage

News Sentiment
Innoviz Technologies has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.39 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Innoviz Technologies this week, compared to 2 articles on an average week.
Search Interest
Only 5 people have searched for INVZ on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 6 people have added Innoviz Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -54% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Innoviz Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.20% of the stock of Innoviz Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
63.26% of the stock of Innoviz Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Innoviz Technologies are expected to grow in the coming year, from ($0.85) to ($0.50) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Innoviz Technologies is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Innoviz Technologies is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Innoviz Technologies has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Innoviz Technologies Stock (NASDAQ:INVZ)

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. It also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; and perception application, a software application that raw point cloud data from Innoviz LiDAR products into perception outputs. The company operates in Europe, Asia Pacific, the Middle East, Africa, and North America. It markets and sells its products through a direct sales organization, as well as through distribution channels. The company is headquartered in Rosh Haayin, Israel.

INVZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

INVZ Stock News Headlines

April 19, 2024 | prnewswire.com

The Gross Law Firm Reminds Innoviz Technologies Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 14, 2024 - INVZ

April 18, 2024 | prnewswire.com

INVZ Investors Have Opportunity to Lead Innoviz Technologies Ltd. Securities Fraud Lawsuit

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 18, 2024 | markets.businessinsider.com

SHAREHOLDER DEADLINE: Innoviz Technologies Ltd. (INVZ) Investors Are Reminded of Deadline in Securities Action

April 17, 2024 | prnewswire.com

Innoviz Sets First Quarter 2024 Conference Call for Wednesday, May 8 at 9:00 a.m. ET

April 16, 2024 | prnewswire.com

Contact The Gross Law Firm by May 14, 2024 Deadline to Join Class Action Against Innoviz Technologies Ltd. (INVZ)

April 15, 2024 | stockhouse.com

SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Innoviz

April 15, 2024 | prnewswire.com

INVZ Investors Have Opportunity to Lead Innoviz Technologies Ltd. Securities Fraud Lawsuit

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 15, 2024 | markets.businessinsider.com

INVZ DEADLINE REMINDER: Berger Montague Reminds Innoviz Technologies Ltd. (INVZ) Investors of Important Class Action Lawsuit Deadline

April 15, 2024 | prnewswire.com

Innoviz Technologies Ltd. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - INVZ

April 14, 2024 | prnewswire.com

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Innoviz Technologies Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - INVZ, INVZW

April 13, 2024 | prnewswire.com

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Innoviz

April 12, 2024 | stockhouse.com

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Innoviz Technologies Ltd. with Losses of $100,000 to Contact the Firm

April 12, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innoviz Technologies Ltd. of Class Action Lawsuit and Upcoming Deadlines - INVZ

April 11, 2024 | stockhouse.com

IMPORTANT DEADLINE ALERT: The Schall Law Firm Encourages Investors in Innoviz Technologies Ltd. with Losses of $100,000 to Contact the Firm

April 10, 2024 | prnewswire.com

INVZ Investors Have Opportunity to Lead Innoviz Technologies Ltd. Securities Fraud Lawsuit

April 10, 2024 | prnewswire.com

Levi & Korsinsky Reminds Innoviz Technologies Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 14, 2024 - INVZ

April 10, 2024 | americanbankingnews.com

Innoviz Technologies Sees Unusually Large Options Volume (NASDAQ:INVZ)

April 9, 2024 | prnewswire.com

May 14, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against INVZ

April 8, 2024 | stockhouse.com

INNOVIZ TECHNOLOGIES LTD. (INVZ) INVESTOR ALERT: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action

April 8, 2024 | prnewswire.com

Class Action Filed Against Innoviz Technologies Ltd. (INVZ) - May 14, 2024 Deadline to Join - Contact Levi & Korsinsky

April 6, 2024 | stockhouse.com

Innoviz Technologies Ltd. Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky for More Information - INVZ

April 5, 2024 | morningstar.com

Investors who lost money on Innoviz Technologies Ltd. (INVZ) should contact The Gross Law Firm about pending Class Action - INVZ

April 5, 2024 | prnewswire.com

Class Action Filed Against Innoviz Technologies Ltd. (INVZ) Seeking Recovery for Investors - Contact The Gross Law Firm

April 4, 2024 | prnewswire.com

INVZ Investors Have Opportunity to Lead Innoviz Technologies Ltd. Securities Fraud Lawsuit

April 3, 2024 | markets.businessinsider.com

SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Innoviz

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Current Symbol: NASDAQ:INVZ
CUSIP: N/A
CIK: 1835654
Web: www.innoviz.tech
Phone: 972-74-700-3692
Fax: N/A
Employees: 488
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.25
High Stock Price Target: $7.00
Low Stock Price Target: $2.50
Potential Upside/Downside: +320.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.85)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-123,450,000.00
Net Margins: -591.37%
Pretax Margin: -588.29%
Return on Equity: -78.39%
Return on Assets: -56.05%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.31
Quick Ratio: 4.26

Sales & Book Value

Annual Sales: $20.88 million
Price / Sales: 6.59
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.93 per share
Price / Book: 1.09

Miscellaneous

Outstanding Shares: 136,180,000
Free Float: 120,932,000
Market Cap: $137.54 million
Optionable: Optionable
Beta: 1.04

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Key Executives

Mr. Omer David Keilaf (Age 44)
Co-Founder, CEO & Director
Comp: $432.7k
Mr. Eldar Cegla (Age 54)
Chief Financial Officer
Comp: $295.55k
Mr. Udy Gal-On (Age 55)
Chief Operating Officer
Comp: $249.68k
Mr. Avishay Moscovici (Age 56)
Chief Research & Development Officer
Comp: $231.02k
Ms. Dana Nutkevitch
General Counsel
Ms. Shiri Hilton
Chief Human Resource Officer
Mr. David Elooz (Age 51)
Chief Photonics Officer
Mr. Elad Hofstetter (Age 42)
Chief Business Officer
Mr. Robert Moffatt
Vice President of Corporate Development & IR - US

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

INVZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Innoviz Technologies stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Innoviz Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" INVZ shares.
View INVZ analyst ratings or view top-rated stocks.
What is Innoviz Technologies' stock price target for 2024?: 3 analysts have issued twelve-month target prices for Innoviz Technologies' shares. Their INVZ share price targets range from $2.50 to $7.00. On average, they expect the company's share price to reach $4.25 in the next year. This suggests a possible upside of 320.8% from the stock's current price.
View analysts price targets for INVZ or view top-rated stocks among Wall Street analysts.
How have INVZ shares performed in 2024?: Innoviz Technologies' stock was trading at $2.53 on January 1st, 2024. Since then, INVZ shares have decreased by 60.1% and is now trading at $1.01.
View the best growth stocks for 2024 here.
When is Innoviz Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our INVZ earnings forecast.
How can I listen to Innoviz Technologies' earnings call?: Innoviz Technologies will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Innoviz Technologies' earnings last quarter?: Innoviz Technologies Ltd. (NASDAQ:INVZ) released its earnings results on Wednesday, February, 28th. The company reported ($0.18) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.18). The business earned $14.92 million during the quarter, compared to analyst estimates of $12.25 million. Innoviz Technologies had a negative trailing twelve-month return on equity of 78.39% and a negative net margin of 591.37%.

What ETF holds Innoviz Technologies' stock?: Direxion Moonshot Innovators ETF holds 293,296 shares of INVZ stock, representing 1.66% of its portfolio.
What guidance has Innoviz Technologies issued on next quarter's earnings?: Innoviz Technologies updated its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.0 million-$6.0 million, compared to the consensus revenue estimate of $10.1 million.
Who are Innoviz Technologies' major shareholders?: Innoviz Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Kovack Advisors Inc. (0.02%).
How do I buy shares of Innoviz Technologies?: Shares of INVZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:INVZ) was last updated on 4/20/2024 by MarketBeat.com Staff

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Innoviz Technologies (INVZ) Stock Price, News & Analysis

Innoviz Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Innoviz Technologies Stock (NASDAQ:INVZ)

INVZ Stock Price History

INVZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

INVZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™