NASDAQ:INVZ

Innoviz Technologies (INVZ) Stock Price, News & Analysis

$0.96
+0.01 (+1.05%)
(As of 04/23/2024 ET)
Today's Range
$0.94
$1.00
50-Day Range
$0.95
$1.68
52-Week Range
$0.94
$4.39
Volume
3.25 million shs
Average Volume
2.96 million shs
Market Capitalization
$131.03 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.25

Innoviz Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
341.7% Upside
$4.25 Price Target
Short Interest
Bearish
8.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of Innoviz Technologies in the last 14 days
Based on 10 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.

1.51 out of 5 stars

Auto/Tires/Trucks Sector

59th out of 79 stocks

Motor Vehicle Parts & Accessories Industry

23rd out of 30 stocks

INVZ stock logo

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

INVZ Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
N/A
Current Symbol
NASDAQ:INVZ
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
+341.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-123,450,000.00
Net Margins
-591.37%
Pretax Margin
-588.29%

Debt

Sales & Book Value

Annual Sales
$20.88 million
Book Value
$0.93 per share

Miscellaneous

Free Float
120,932,000
Market Cap
$131.03 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

INVZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Innoviz Technologies stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innoviz Technologies in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 1 year price targets for Innoviz Technologies' stock. Their INVZ share price targets range from $2.50 to $7.00. On average, they predict the company's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 341.7% 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 62.0% and is now trading at $0.9622.
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) posted 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 firm earned $14.92 million during the quarter, compared to analysts' expectations of $12.25 million. Innoviz Technologies had a negative net margin of 591.37% and a negative trailing twelve-month return on equity of 78.39%.

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 issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS 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 variety of institutional and retail investors. Top institutional shareholders 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 4/24/2024 by MarketBeat.com Staff

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