Innoviz Technologies Ltd. (INVZ)

NASDAQ: INVZ · Real-Time Price · USD
1.150
+0.100 (9.52%)
At close: Dec 20, 2024, 4:00 PM
1.210
+0.060 (5.22%)
After-hours: Dec 20, 2024, 7:51 PM EST
9.52%
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]

Industry Auto Parts
Founded 2016
Employees 488
Stock Exchange NASDAQ
Ticker Symbol INVZ
Full Company Profile

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 Statements

Analyst 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.

Price Target
$3.81
(231.30% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

1 day ago - Seeking Alpha

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...

Other symbols: INTCMBLY
10 days ago - PRNewsWire

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...

5 weeks ago - Seeking Alpha

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...

5 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

4 months ago - Seeking Alpha

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

Other symbols: DRIANFKNXON
5 months ago - Benzinga

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) ...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - Seeking Alpha

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.

Other symbols: CGROPDD
7 months ago - Schwab Network

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...

7 months ago - Accesswire

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).

7 months ago - PRNewsWire

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...

7 months ago - Accesswire

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 ...

8 months ago - Seeking Alpha

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...

8 months ago - PRNewsWire

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).

8 months ago - PRNewsWire

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")...

8 months ago - PRNewsWire

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 ...

8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire