Innoviz Technologies (NASDAQ:INVZ - Get Free Report) is expected to be announcing its Q1 2025 earnings results 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 released its earnings results on Wednesday, February 26th. The company reported ($0.11) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.11). The firm had revenue of $6.03 million during the quarter, compared to the consensus estimate of $5.86 million. Innoviz Technologies had a negative net margin of 321.53% and a negative return on equity of 87.40%. 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 Trading Up 13.5%
Shares of NASDAQ:INVZ traded up $0.11 during mid-day trading on Monday, reaching $0.89. The company had a trading volume of 5,485,314 shares, compared to its average volume of 7,879,600. Innoviz Technologies has a one year low of $0.45 and a one year high of $3.14. The company's 50-day moving average price is $0.67 and its 200-day moving average price is $0.96. The firm has a market cap of $176.08 million, a price-to-earnings ratio of -1.38 and a beta of 0.84.
Analysts Set New Price Targets
Several brokerages recently weighed in on INVZ. Westpark Capital reissued a "buy" rating and issued a $2.22 price objective on shares of Innoviz Technologies in a report on Tuesday, February 25th. Rosenblatt Securities reiterated a "buy" rating and set a $4.00 price target on shares of Innoviz Technologies in a research report on Thursday, February 27th.
Check Out Our Latest Analysis on INVZ
Innoviz Technologies Company Profile
(
Get Free Report)
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.
Featured Articles
Before you consider Innoviz Technologies, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Innoviz Technologies wasn't on the list.
While Innoviz Technologies currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
