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NASDAQ:INVZ

Innoviz Technologies (INVZ) Stock Price, News & Analysis

$0.53
-0.03 (-5.36%)
(As of 09/6/2024 ET)
Today's Range
$0.50
$0.56
50-Day Range
$0.53
$0.99
52-Week Range
$0.50
$2.99
Volume
1.91 million shs
Average Volume
2.24 million shs
Market Capitalization
$72.18 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.85

Innoviz Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
626.4% Upside
$3.85 Price Target
Short Interest
Bearish
6.72% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.69mentions of Innoviz Technologies in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.64) to ($0.39) 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.

2.55 out of 5 stars

Auto/Tires/Trucks Sector

47th out of 80 stocks

Motor Vehicle Parts & Accessories Industry

22nd out of 31 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

Man who called 2008 crash: “The real bloodbath hasn’t even started”
Don't get blindsided by the coming storm.
INVZ Sep 2024 1.000 call
Innoviz Reports Second Quarter 2024 Results
Man who called 2008 crash: “The real bloodbath hasn’t even started”
Don't get blindsided by the coming storm.
7 Futuristic Tech Stocks to Tap Into ASAP
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Automobiles And Trucks
Current Symbol
NASDAQ:INVZ
Fax
N/A
Employees
400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.85
High Stock Price Target
$7.00
Low Stock Price Target
$1.00
Potential Upside/Downside
+626.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-123,450,000.00
Net Margins
-338.67%
Pretax Margin
-337.89%

Debt

Sales & Book Value

Annual Sales
$32.12 million
Book Value
$0.83 per share

Miscellaneous

Free Float
120,932,000
Market Cap
$72.18 million
Optionable
Optionable
Beta
0.99
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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

INVZ Stock Analysis - Frequently Asked Questions

How have INVZ shares performed this year?

Innoviz Technologies' stock was trading at $2.53 at the beginning of the year. Since then, INVZ shares have decreased by 79.1% and is now trading at $0.53.
View the best growth stocks for 2024 here
.

How were Innoviz Technologies' earnings last quarter?

Innoviz Technologies Ltd. (NASDAQ:INVZ) released its quarterly earnings data on Wednesday, August, 7th. The company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.01. The firm had revenue of $6.66 million for the quarter, compared to analyst estimates of $4.77 million. Innoviz Technologies had a negative trailing twelve-month return on equity of 75.99% and a negative net margin of 338.67%.

Who are Innoviz Technologies' major shareholders?

Innoviz Technologies' top institutional shareholders include Cowen AND Company LLC (5.97%), Interval Partners LP (1.99%), SkyView Investment Advisors LLC (0.29%) and Renaissance Technologies LLC (0.23%).

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 9/7/2024 by MarketBeat.com Staff

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