Innoviz Technologies Ltd. (INVZ)
NASDAQ: INVZ · IEX Real-Time Price · USD
1.180
+0.160 (15.69%)
At close: Apr 26, 2024, 4:00 PM
1.200
+0.020 (1.69%)
After-hours: Apr 26, 2024, 7:59 PM EDT
Innoviz Technologies Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for INVZ stock have an average target of 4.94, with a low estimate of 2.50 and a high estimate of 7.00. The average target predicts an increase of 318.64% from the current stock price of 1.18.
Analyst Consensus: Buy
* Price targets were last updated on Mar 26, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 1 | 1 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Initiates $13 → $7 | Buy | Initiates | $13 → $7 | +493.22% | Mar 26, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $5 → $3.25 | Hold | Maintains | $5 → $3.25 | +175.42% | Feb 29, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $3 → $2.5 | Strong Buy | Maintains | $3 → $2.5 | +111.86% | Jan 25, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $4.5 → $3 | Strong Buy | Maintains | $4.5 → $3 | +154.24% | Sep 1, 2023 |
| Rosenblatt | Rosenblatt | Hold Reiterates $5 | Hold | Reiterates | $5 | +323.73% | Aug 3, 2023 |
Financial Forecast
Revenue This Year
40.62M
from 20.88M
Increased by 94.56%
Revenue Next Year
155.24M
from 40.62M
Increased by 282.21%
EPS This Year
-0.68
from -0.84
EPS Next Year
-0.58
from -0.68
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 59.4M | 312.9M | 525.0M | 955.5M | 1.5B |
| Avg | 40.6M | 155.2M | 388.1M | 928.2M | 1.4B |
| Low | 29.4M | 49.0M | 156.8M | 891.8M | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 184.7% | 670.4% | 238.2% | 146.2% | 58.4% |
| Avg | 94.6% | 282.2% | 150.0% | 139.2% | 53.8% |
| Low | 40.8% | 20.6% | 1.0% | 129.8% | 47.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.61 | -0.42 | 0.01 | 1.00 | 2.10 |
| Avg | -0.68 | -0.58 | -0.21 | 0.97 | 2.04 |
| Low | -0.70 | -0.70 | -0.46 | 0.93 | 1.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 116.7% |
| Avg | - | - | - | - | 110.5% |
| Low | - | - | - | - | 102.3% |
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.