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NASDAQ:INVZ

Innoviz Technologies (INVZ) Stock Price, News & Analysis

Innoviz Technologies logo
$0.58 -0.02 (-3.36%)
(As of 11/12/2024 ET)

About Innoviz Technologies Stock (NASDAQ:INVZ)

Key Stats

Today's Range
$0.56
$0.63
50-Day Range
$0.53
$0.83
52-Week Range
$0.50
$2.99
Volume
2.13 million shs
Average Volume
2.05 million shs
Market Capitalization
$78.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.85
Consensus Rating
Moderate Buy

Company Overview

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.

Innoviz Technologies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
59th Percentile Overall Score

INVZ MarketRank™: 

Innoviz Technologies scored higher than 59% of companies evaluated by MarketBeat, and ranked 46th out of 86 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Innoviz Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Innoviz Technologies has only been the subject of 2 research reports in the past 90 days.

  • Read more about Innoviz Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Innoviz Technologies are expected to grow in the coming year, from ($0.64) to ($0.39) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Innoviz Technologies is -0.86, 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 -0.86, 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 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Innoviz Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    6.83% 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 9.3.
  • Change versus previous month

    Short interest in Innoviz Technologies has recently increased by 2.52%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Innoviz Technologies does not currently pay a dividend.

  • Dividend Growth

    Innoviz Technologies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.83% 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 9.3.
  • Change versus previous month

    Short interest in Innoviz Technologies has recently increased by 2.52%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Innoviz Technologies has a news sentiment score of 0.94. 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 higher news sentiment than the 0.67 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Innoviz Technologies this week, compared to 2 articles on an average week.
  • Search Interest

    4 people have searched for INVZ on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Innoviz Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days.
  • 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.

  • Read more about Innoviz Technologies' insider trading history.
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INVZ Stock News Headlines

AI's Growing Energy Demands: The Urgent Need for Nuclear Power
Amazon is placing a massive bet on nuclear energy to power its $150 billion data center expansion. With demand for electricity skyrocketing from data centers, AI, and emerging tech, Amazon recognizes nuclear power as the only viable solution to meet its needs sustainably and at scale. But here's the critical catch: nuclear power requires uranium, and the global supply is struggling to keep up.
FIFTHDELTA Ltd Reduces Stake in Innoviz Technologies Ltd
INVZ Sep 2024 1.000 call
Innoviz Reports Second Quarter 2024 Results
See More Headlines

INVZ Stock Analysis - Frequently Asked Questions

Innoviz Technologies' stock was trading at $2.53 on January 1st, 2024. Since then, INVZ stock has decreased by 77.2% and is now trading at $0.5760.
View the best growth stocks for 2024 here
.

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

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Innoviz Technologies investors own include Saia (SAIA), Rambus (RMBS), Humana (HUM), Enovix (ENVX), NVIDIA (NVDA), American Water Works (AWK) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
8/07/2024
Today
11/12/2024
Next Earnings (Confirmed)
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
+556.1%
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
$20.88 million
Book Value
$0.93 per share

Miscellaneous

Free Float
120,932,000
Market Cap
$79.91 million
Optionable
Optionable
Beta
1.06
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This page (NASDAQ:INVZ) was last updated on 11/12/2024 by MarketBeat.com Staff
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