Innoviz Technologies Ltd. (INVZ)

NASDAQ: INVZ · IEX Real-Time Price · USD
1.680
+0.060 (3.70%)
At close: Feb 27, 2024, 4:00 PM
1.760
+0.080 (4.76%)
After-hours: Feb 27, 2024, 7:55 PM EST
3.70%
Market Cap 277.02M
Revenue (ttm) 7.54M
Net Income (ttm) -127.32M
Shares Out 164.89M
EPS (ttm) -0.91
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,058,747
Open 1.650
Previous Close 1.620
Day's Range 1.620 - 1.700
52-Week Range 1.300 - 4.840
Beta 1.06
Analysts Buy
Price Target 4.83 (+187.5%)
Earnings Date Feb 28, 2024

About INVZ

Innoviz Technologies Ltd. designs and manufactures solid-state LiDAR sensors and develops perception software that enables the mass production of autonomous vehicles. The company manufactures InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxi, shuttle, trucking, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Its automotive-grade sensor is integrable into Level 3 through 5 autonomous vehicles for the safety of passengers and pedestrians. The company also provides In... [Read more]

Industry Auto Parts
Founded 2016
Employees 468
Stock Exchange NASDAQ
Ticker Symbol INVZ
Full Company Profile

Financial Performance

In 2022, INVZ's revenue was $6.03 million, an increase of 10.25% compared to the previous year's $5.47 million. Losses were -$126.87 million, -17.38% less than in 2021.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for INVZ stock is "Buy." The 12-month stock price forecast is $4.83, which is an increase of 187.50% from the latest price.

Price Target
$4.83
(187.50% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Innoviz Attains IATF 16949:2016 Certification Demonstrating Commitment to the Automotive Industry's Quality Standards

The company received certification for its design and assembly of Lidar, Perception SW and Lidar solutions, further solidifying its position as a trusted Tier-1 supplier TEL AVIV, Israel , Feb. 6, 202...

21 days ago - PRNewsWire

Innoviz Announces Operational Realignment to Expand Cash Runway and Optimize Path Towards Profitability and Free Cash Flow

Realignment actions to be implemented during the first quarter of 2024 and are expected to reduce cash outlays by $22-24 million on an annualized basis Savings expected to be derived primarily from th...

27 days ago - PRNewsWire

Innoviz Sets Fourth Quarter and Full Year 2023 Conference Call for Wednesday, February 28 at 9:00 a.m. ET

TEL AVIV, Israel , Jan. 29, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR se...

4 weeks ago - PRNewsWire

Innoviz Strengthens Board of Directors with Industry Executives to Support Next Chapter of Growth as a Global Automotive LiDAR Leader

Stefan Jacoby brings CEO- and President-level experience from General Motors, Volvo, Volkswagen, and Mitsubishi Alexander von Witzleben brings CEO-level experience from Arbonia AG, Feintool Internatio...

7 weeks ago - PRNewsWire

This autonomous driving tech stock could quintuple from here

Innoviz Technologies Ltd (NASDAQ: INVZ) has been a disappointment for its shareholders this year but Wall Street analysts expect the next twelve months to be materially different for this autonomous d...

2 months ago - Invezz

Innoviz Technologies Announces Participation in Upcoming Investor Conferences

TEL AVIV, Israel , Nov. 29, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive grade LiDAR sensors an...

3 months ago - PRNewsWire

Lidar Stocks Are Tumbling. Blame China Concerns.

Luminar, Innoviz, and Ouster shares all swooned during Tuesday's trading session. It may have been caused by a letter from a House committee.

Other symbols: LAZROUST
3 months ago - Barrons

Innoviz Reports Third-Quarter 2023 Results, Delivering Strong Sequential and Year-Over-Year Revenue Growth

Q3 2023 revenues exceeds guidance with 138% growth quarter-over-quarter and 297% growth year-over-year Innoviz reiterates full year 2023 commercial and financial targets and expects another meaningful...

3 months ago - PRNewsWire

Innoviz Provides Operational Update, Reiterates 2023 Financial Targets and Announces Third Quarter 2023 Earnings Details

TEL AVIV, Israel , Oct. 24, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and...

4 months ago - PRNewsWire

CGRO Takes ‘America First' Approach to Investing in China

When it comes to investing in China, Core Values Alpha (CVA) will take an “America-first approach” with its first ETF. Therefore, CVA will invest in China, provided “American interests are not comprom...

Other symbols: CGRO
4 months ago - ETF Trends

Advisors and Investors Now Have an America-First Means of Accessing China With the Launch of the Core Values Alpha Greater China Growth ETF (CGRO)

NEW YORK--(BUSINESS WIRE)--Core Values Alpha launches CGRO. Active ETF provides exposure to China growth story without compromising U.S. security, values or economic leadership.

Other symbols: CGRO
4 months ago - Business Wire

Israeli sensor maker Innoviz Tech says its team is safe

el Aviv-based sensor maker Innoviz Technologies Ltd. INVZ, -2.81% said Monday its entire team remains safe and no on was injured after the weekend attack by Hamas and subsequent fighting in Israel tha...

5 months ago - Market Watch

Major lidar market share is up for grabs. A few startups are emerging as likely winners

After years of talk — and a SPAC boom in the sensor sector — automakers have finally started incorporating lidar units into their vehicles.

Other symbols: LAZROUST
6 months ago - CNBC

Innoviz Reiterates Value Proposition in Open Letter to Shareholders

Recently Completed Public Offering Bolsters Balance Sheet TEL AVIV, Israel , Aug. 16, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of hig...

6 months ago - PRNewsWire

Innoviz Announces Pricing of Upsized Public Offering of Ordinary Shares

TEL AVIV, Israel , Aug. 9, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perceptio...

7 months ago - PRNewsWire

Innoviz Announces Public Offering of Ordinary Shares

TEL AVIV, Israel , Aug. 9, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) ("Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perceptio...

7 months ago - PRNewsWire

20 EV stocks that are expected to soar at least 38%, even after this year's rebound

This is the first of two Deep Dives screening EV-related stocks. This screen is based on analysts' ratings and consensus price targets.

7 months ago - Market Watch

Innoviz ($INVZ) to Develop New LiDAR Platform for Next Generation of BMW Automated Vehicles

Innoviz Technologies (NASDAQ: INVZ), a leading producer of lidar sensors, and BMW are extending their collaboration by starting a B-sample development phase on a new generation of LiDAR, which will be...

Other symbols: BMWYY
7 months ago - Green Stock News

Innoviz Reports Second-Quarter 2023 Results and Increases 2023 Financial Targets Following Continued Commercial Momentum

SOP and expanded relationship with BMW Group combined with additional year-to-date commercial momentum underlines the strength of Innoviz's LiDAR sensor and software platform TEL AVIV, Israel , Aug. 2...

7 months ago - PRNewsWire

Innoviz Technologies to Develop B-Samples of New LiDAR Platform for Next Generation of BMW Automated Vehicles

Innoviz and the BMW Group to start first phase for new LiDAR generation New generation to enable Level 3 automated driving capabilities to a broader range of future vehicles Innoviz is developing a B-...

7 months ago - PRNewsWire

Innoviz Sets Second Quarter 2023 Conference Call for Wednesday, August 2 at 9:00 a.m. ET

TEL AVIV, Israel , July 10, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and...

8 months ago - PRNewsWire

Innoviz and LOXO Expand Partnership to Deploy Autonomous, Zero-Emission Delivery Vehicles Using InnovizOne LiDAR

Innoviz's automotive-grade LiDAR will be used to enable autonomy for LOXO's next zero-emission delivery vehicles. TEL AVIV, Israel and BERN, Switzerland , June 28, 2023 /PRNewswire/ -- Innoviz Technol...

8 months ago - PRNewsWire

Innoviz Debuts Industry-First LiDAR-Based Bridge Collision Detection System with Drive Group, Israeli Highway Operator

Innoviz's solution potentially reduces bridge and tunnel collisions globally, which could save lives, prevent costly infrastructure damage, and mitigate severe traffic congestion. Drive Group operates...

9 months ago - PRNewsWire

Innoviz Technologies to Present at Upcoming Investor Conferences

TEL AVIV, Israel , June 12, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high performance, automotive-grade LiDAR sensors an...

9 months ago - PRNewsWire

Innoviz Reports First-Quarter 2023 Results and Updates 2023 Targets

Innoviz updates 2023 targets due to expanded relationship with a major existing customer along with other progress made year-to-date TEL AVIV, Israel , May 17, 2023 /PRNewswire/ -- Innoviz Technologie...

10 months ago - PRNewsWire