Innoviz Technologies Ltd. (INVZ)
NASDAQ: INVZ · Real-Time Price · USD
0.533
+0.003 (0.47%)
At close: Nov 22, 2024, 4:00 PM
0.530
-0.002 (-0.47%)
After-hours: Nov 22, 2024, 5:32 PM EST
Innoviz Technologies Stock Forecast
INVZ's stock price has decreased by -72.27% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 4 analysts with 12-month price forecasts for INVZ stock have an average target of 4.25, with a low estimate of 0.75 and a high estimate of 7.00. The average target predicts an increase of 698.12% from the current stock price of 0.53.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for INVZ stock from 5 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 1 | 1 | 1 | 1 |
| Buy | 3 | 2 | 2 | 2 | 2 | 1 |
| Hold | 1 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Hold Maintains $1 → $0.75 | Hold | Maintains | $1 → $0.75 | +40.85% | Nov 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Nov 14, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $2 | Buy | Reiterates | $2 | +275.59% | Sep 30, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Reiterates $2 | Buy | Reiterates | $2 | +275.59% | Sep 23, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $3.25 | Hold | Maintains | $3.25 | +510.33% | Sep 10, 2024 |
Financial Forecast
Revenue This Year
28.56M
from 20.88M
Increased by 36.83%
Revenue Next Year
112.20M
from 28.56M
Increased by 292.80%
EPS This Year
-0.57
from -0.84
EPS Next Year
-0.53
from -0.57
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 31.9M | 144.9M | 384.3M | ||
| Avg | 28.6M | 112.2M | 318.6M | ||
| Low | 25.5M | 83.3M | 265.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 52.9% | 407.3% | 242.5% | ||
| Avg | 36.8% | 292.8% | 183.9% | ||
| Low | 22.1% | 191.6% | 136.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.53 | -0.34 | -0.02 | ||
| Avg | -0.57 | -0.53 | -0.63 | ||
| Low | -0.63 | -0.66 | -1.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
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.