Innoviz Technologies (INVZ) to Release Earnings on Wednesday

Innoviz Technologies (NASDAQ:INVZ - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 14th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $9.00 million for the quarter. Innoviz Technologies has set its FY 2025 guidance at EPS.

Innoviz Technologies (NASDAQ:INVZ - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.11). Innoviz Technologies had a negative return on equity of 87.40% and a negative net margin of 321.53%. The business had revenue of $6.03 million for the quarter, compared to analysts' expectations of $5.86 million. On average, analysts expect Innoviz Technologies to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Innoviz Technologies Stock Down 0.4 %

Shares of Innoviz Technologies stock opened at $0.70 on Wednesday. Innoviz Technologies has a 52-week low of $0.45 and a 52-week high of $3.14. The company has a 50 day moving average of $0.66 and a 200 day moving average of $0.96. The company has a market capitalization of $139.67 million, a P/E ratio of -1.10 and a beta of 0.84.

Analysts Set New Price Targets

A number of research firms have weighed in on INVZ. Westpark Capital restated a "buy" rating and issued a $2.22 price target on shares of Innoviz Technologies in a research note on Tuesday, February 25th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $4.00 price target on shares of Innoviz Technologies in a report on Thursday, February 27th.

About Innoviz Technologies

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.

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