Innoviz Technologies Ltd. (INVZ)
Market Cap | 191.89M |
Revenue (ttm) | 33.16M |
Net Income (ttm) | -106.61M |
Shares Out | 166.86M |
EPS (ttm) | -0.64 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 9,113,103 |
Open | 1.160 |
Previous Close | 1.050 |
Day's Range | 1.090 - 1.270 |
52-Week Range | 0.450 - 2.820 |
Beta | 1.13 |
Analysts | Buy |
Price Target | 3.81 (+231.3%) |
Earnings Date | Nov 13, 2024 |
About 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 appli... [Read more]
Financial Performance
In 2023, Innoviz Technologies's revenue was $20.88 million, an increase of 246.43% compared to the previous year's $6.03 million. Losses were -$123.45 million, -2.69% less than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for INVZ stock is "Buy." The 12-month stock price forecast is $3.81, which is an increase of 231.30% from the latest price.
News
Innoviz: Heading Towards A Long-Awaited Inflection Point
Innoviz Technologies shows promise with significant Lidar deals starting production by 2026. The stock has been volatile, risking a reverse split if it can't maintain a price above $1. Innoviz's cash ...
Mobileye to Use Innoviz LiDARs for its Mobileye Drive™ AV Platform
The agreement will see Mobileye integrate Innoviz LiDARs into its autonomous vehicle platform for testing and deployment with key customers Mobileye Drive™ platform for autonomous driving has been ado...
Innoviz Technologies Ltd (INVZ) Q3 2024 Earnings Call Transcript
Innoviz Technologies Ltd (NASDAQ:INVZ) Q3 2024 Earnings Conference Call November 13, 2024 9:00 AM ET Company Participants Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer C...
Innoviz Reports Third Quarter 2024 Results
Entered two new OEM programs through agreement with Level 4 platform partner with expected SOP in 2026; Met operational target of 2-3 additional customer programs in 2024 and exceeded midpoint of reve...
Innoviz Sets Third Quarter 2024 Conference Call for Wednesday, November 13 at 9:00 a.m. ET
TEL AVIV, Israel , Oct. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 supplier of high performance, automotive-grade LiDAR sensors a...
Innoviz Technologies Ltd (INVZ) Q2 2024 Earnings Call Transcript
Innoviz Technologies Ltd (NASDAQ:INVZ) Q2 2024 Results Conference Call August 7, 2024 9:00 AM ET Company Participants Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer Confe...
Innoviz Reports Second Quarter 2024 Results
Reached an important agreement with a major platform partner to supply a bundle of InnovizTwo short- and long-range LiDARs to their Level 4 autonomous platform, which was already selected by several O...
Innoviz Technologies' LiDARs to Be Deployed Across Major International Airports in the United States by The Indoor Lab to Improve Passenger Safety and Operational Efficiency Using AI Capabilities
The Indoor Lab will begin installations of InnovizTwo at some of the fastest growing airports in the US, including Denver International Airport, Tampa International Airport, and Nashville Internationa...
Innoviz Announces Receipt of Nasdaq Non-Compliance Letter
TEL AVIV, Israel , Aug. 2, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sens...
Innoviz Sets Second Quarter 2024 Conference Call for Wednesday, August 7 at 9:00 a.m. ET
TEL AVIV, Israel , July 17, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR se...
This Darden Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings pag...
Innoviz Technologies and Major OEM Collaborate on New Short-Range LiDAR for L4 Autonomous Vehicles
The agreement between the two companies adds short-range LiDARs into the OEM's L4 Autonomous Driving Platform TEL AVIV, Israel , June 26, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) ...
Innoviz Technologies Releases its First Impact Report
The Impact Report highlights Innoviz's commitment to social impact, sustainable operations, and responsible business practices TEL AVIV, Israel , June 25, 2024 /PRNewswire/ -- Innoviz Technologies Ltd...
Innoviz Collaborating with Ecomotion Community to Host the Annual Assembly
EcoMotion Assembly will highlight some of the best and brightest mobility tech companies, with international speakers from the global industry TEL AVIV, Israel , May 28, 2024 /PRNewswire/ -- Innoviz T...
LIDAR Quarterly Insights Q1 2024 Summary
Western LiDAR companies face challenges in the consumer auto ADAS sector, with delays and significant cash expenditures. Ouster reports highest revenue and gross profit, leading to cash flow consumpti...
PDD, CGRO: U.S. vs China Stocks
PDD Holdings (PDD) hit a new 3-year high today. Ben Harburg discusses this, as well as the expectations for Chinese equities.
FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Innoviz Technologies Ltd. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 14, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Innoviz Technologies Ltd. ("Innovi...
Innoviz Technologies Ltd. Sued for Securities Law Violations - Contact The Gross Law Firm Before May 14, 2024 to Discuss Your Rights - INVZ
NEW YORK , May 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Innoviz Technologies Ltd. (NASDAQ: INVZ).
FINAL DEADLINE TOMORROW: The Schall Law Firm Encourages Investors in Innoviz Technologies Ltd. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Innoviz Technologies Ltd. ("Innovi...
Innoviz Technologies Ltd (INVZ) Q1 2024 Earnings Call Transcript
Innoviz Technologies Ltd (NASDAQ:INVZ) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Rob Moffatt - VP, Corporate Development and IR Omer Keilaf - CEO Eldar Cegla - CFO ...
Innoviz Reports First-Quarter 2024 Results, Exceeds Revenue Guidance for Second Consecutive Quarter and Expands Key Partner and Customer Relationships
Q1 2024 revenues of $7.1 million exceed previous guidance range of $5 -$6 million; reiterates full year 2024 operational targets TEL AVIV, Israel , May 8, 2024 /PRNewswire/ -- Innoviz Technologies Ltd...
Innoviz Technologies Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before May 14, 2024 to Discuss Your Rights - INVZ
NEW YORK , May 3, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Innoviz Technologies Ltd. (NASDAQ: INVZ).
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Innoviz
NEW YORK , April 25, 2024 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Innoviz Technologies Ltd. ("Innoviz" or the "Company")...
Innoviz Reaches a Key Milestone with Successful Winter Test of InnovizTwo LiDAR and AI-Powered Perception Software, Showcasing Significant Progress and New Opportunities
Innoviz successfully completed an 18-day test in the harshest winter conditions, demonstrating the robustness and reliability of the InnovizTwo LiDAR and Perception Software TEL AVIV, Israel , April ...
Innoviz Sets First Quarter 2024 Conference Call for Wednesday, May 8 at 9:00 a.m. ET
TEL AVIV, Israel , April 17, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR s...