Innoviz Technologies Ltd. (INVZ)
NASDAQ: INVZ · IEX Real-Time Price · USD
0.837
-0.063 (-6.99%)
At close: Jul 19, 2024, 4:00 PM
0.895
+0.058 (6.93%)
Pre-market: Jul 22, 2024, 7:46 AM EDT
Innoviz Technologies Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for INVZ stock have an average target of 3.56, with a low estimate of 1.00 and a high estimate of 7.00. The average target predicts an increase of 325.33% from the current stock price of 0.84.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for INVZ stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 1 | 2 | 2 | 3 | 3 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $3 | Buy | Reiterates | $3 | +258.42% | Jul 15, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy → Hold Downgrades $2.25 → $1 | Strong Buy → Hold | Downgrades | $2.25 → $1 | +19.47% | Jul 11, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $3 | Buy | Reiterates | $3 | +258.42% | Jul 1, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Maintains $4 → $3 | Buy | Maintains | $4 → $3 | +258.42% | May 9, 2024 |
| JP Morgan | JP Morgan | Buy Initiates $13 → $7 | Buy | Initiates | $13 → $7 | +736.32% | Mar 26, 2024 |
Financial Forecast
Revenue This Year
33.10M
from 20.88M
Increased by 58.56%
Revenue Next Year
137.50M
from 33.10M
Increased by 315.41%
EPS This Year
-0.66
from -0.84
EPS Next Year
-0.55
from -0.66
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.6M | 289.8M | 525.0M | 783.3M | 1.2B |
| Avg | 33.1M | 137.5M | 353.2M | 728.3M | 1.2B |
| Low | 29.4M | 49.0M | 156.8M | 682.1M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 99.2% | 775.5% | 281.8% | 121.8% | 65.0% |
| Avg | 58.6% | 315.4% | 156.9% | 106.2% | 60.4% |
| Low | 40.6% | 48.0% | 14.0% | 93.1% | 54.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.63 | -0.42 | 0.01 | 0.66 | 1.61 |
| Avg | -0.66 | -0.55 | -0.55 | 0.33 | 1.56 |
| Low | -0.70 | -0.63 | -1.94 | 0.15 | 1.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 382.1% |
| Avg | - | - | - | - | 368.3% |
| Low | - | - | - | - | 350.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.