Innoviz Technologies (INVZ) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Innoviz Technologies (INVZ) is set to announce its Q2 2025 earnings on August 13th, with analysts predicting losses of $0.08 per share and revenue of $9.00 million for the quarter.
• Shares of INVZ are currently trading at $1.61, showing a 6.6% increase while the stock has a market cap of approximately $320.33 million.
• Several analysts have updated their ratings on Innoviz Technologies, with Westpark Capital increasing its target price to $2.53 and maintaining a "buy" rating, reflecting a generally positive outlook for the stock.

Innoviz Technologies (NASDAQ:INVZ - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Wednesday, August 13th. Analysts expect the company to announce earnings of ($0.08) per share and revenue of $9.00 million for the quarter.

Innoviz Technologies Price Performance

Shares of INVZ traded up $0.04 during midday trading on Friday, reaching $1.67. The stock had a trading volume of 5,351,306 shares, compared to its average volume of 8,363,574. Innoviz Technologies has a 52 week low of $0.45 and a 52 week high of $3.14. The firm's 50 day moving average price is $1.43 and its 200-day moving average price is $1.07. The company has a market capitalization of $332.26 million, a P/E ratio of -3.63 and a beta of 1.25.

Analysts Set New Price Targets

INVZ has been the topic of a number of research reports. Rosenblatt Securities reissued a "buy" rating and issued a $4.00 price objective on shares of Innoviz Technologies in a research note on Thursday, May 15th. Wall Street Zen raised Innoviz Technologies from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. The Goldman Sachs Group boosted their price objective on Innoviz Technologies from $0.75 to $1.00 and gave the stock a "neutral" rating in a research note on Friday, May 16th. Finally, Westpark Capital boosted their price objective on Innoviz Technologies from $2.22 to $2.53 and gave the stock a "buy" rating in a research note on Wednesday, June 18th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, Innoviz Technologies has an average rating of "Hold" and an average price target of $2.38.

Hedge Funds Weigh In On Innoviz Technologies

Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in shares of Innoviz Technologies by 499.6% in the 1st quarter. NewEdge Advisors LLC now owns 70,021 shares of the company's stock worth $46,000 after acquiring an additional 58,343 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Innoviz Technologies by 97.5% in the 2nd quarter. Geode Capital Management LLC now owns 144,534 shares of the company's stock worth $237,000 after acquiring an additional 71,334 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Innoviz Technologies by 38.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 523,945 shares of the company's stock worth $342,000 after acquiring an additional 144,822 shares during the last quarter. 63.26% of the stock is currently owned by institutional investors and hedge funds.

Innoviz Technologies Company Profile

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.