Should I buy or sell Innoviz Technologies stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innoviz Technologies in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INVZ shares. View INVZ analyst ratings or view top-rated stocks .

What is Innoviz Technologies' stock price target for 2024?

3 Wall Street analysts have issued 1 year target prices for Innoviz Technologies' stock. Their INVZ share price targets range from $3.00 to $13.00. On average, they expect the company's share price to reach $7.00 in the next year. This suggests a possible upside of 201.1% from the stock's current price. View analysts price targets for INVZ or view top-rated stocks among Wall Street analysts .

How have INVZ shares performed in 2023?

Innoviz Technologies' stock was trading at $3.93 on January 1st, 2023. Since then, INVZ stock has decreased by 40.8% and is now trading at $2.3250. View the best growth stocks for 2023 here .

Are investors shorting Innoviz Technologies?

Innoviz Technologies saw a increase in short interest in November. As of November 15th, there was short interest totaling 13,830,000 shares, an increase of 7.4% from the October 31st total of 12,880,000 shares. Based on an average daily trading volume, of 2,290,000 shares, the days-to-cover ratio is presently 6.0 days. Currently, 8.9% of the shares of the company are short sold. View Innoviz Technologies' Short Interest .

When is Innoviz Technologies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024. View our INVZ earnings forecast .

How were Innoviz Technologies' earnings last quarter?

Innoviz Technologies Ltd. (NASDAQ:INVZ) released its earnings results on Wednesday, November, 8th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by $0.01. The firm earned $3.48 million during the quarter, compared to analysts' expectations of $3.08 million. Innoviz Technologies had a negative trailing twelve-month return on equity of 76.16% and a negative net margin of 1,689.54%.

What ETFs hold Innoviz Technologies' stock?

ETFs with the largest weight of Innoviz Technologies (NASDAQ:INVZ) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON) . BlueStar Israel Technology ETF (ITEQ) .

What guidance has Innoviz Technologies issued on next quarter's earnings?

Innoviz Technologies issued an update on its fourth quarter 2023 earnings guidance on Wednesday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.00 million-$14.00 million, compared to the consensus revenue estimate of $11.80 million.

Who are Innoviz Technologies' major shareholders?

Innoviz Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Citigroup Inc. (0.00%), Citigroup Inc. (0.00%), Cowen AND Company LLC (4.63%), Phoenix Holdings Ltd. (3.79%), Harel Insurance Investments & Financial Services Ltd. (3.68%) and Migdal Insurance & Financial Holdings Ltd. (3.06%).

How do I buy shares of Innoviz Technologies?

Shares of INVZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Innoviz Technologies (INVZ) Stock Price, News & Analysis

$2.30

+0.50 (+27.78%)

(As of 04:24 PM ET)

Compare

Today's Range: $2.03
▼
$2.39
50-Day Range: $1.35
▼
$2.19
52-Week Range: $1.30
▼
$6.14

Volume: 28.97 million shs
Average Volume: 2.44 million shs
Market Capitalization: $379.25 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.00

Innoviz Technologies MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 201.1% Upside
$7.00 Price Target
Short Interest: Bearish
8.87% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.54
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.72) to ($0.75) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Auto/Tires/Trucks Sector

54th out of 76 stocks

Motor Vehicle Parts & Accessories Industry

23rd out of 28 stocks

3.3

Analyst's Opinion

Consensus Rating
Innoviz Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.00, Innoviz Technologies has a forecasted upside of 201.1% from its current price of $2.33.
Amount of Analyst Coverage
Innoviz Technologies has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
8.87% of the float of Innoviz Technologies has been sold short.
Short Interest Ratio / Days to Cover
Innoviz Technologies has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in Innoviz Technologies has recently increased by 7.38%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Innoviz Technologies does not currently pay a dividend.
Dividend Growth
Innoviz Technologies does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for INVZ.

3.1

News and Social Media Coverage

News Sentiment
Innoviz Technologies has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Innoviz Technologies this week, compared to 1 article on an average week.
Search Interest
20 people have searched for INVZ on MarketBeat in the last 30 days. This is an increase of 567% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Innoviz Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Innoviz Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
11.20% of the stock of Innoviz Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
54.00% of the stock of Innoviz Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for Innoviz Technologies are expected to decrease in the coming year, from ($0.72) to ($0.75) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Innoviz Technologies is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Innoviz Technologies is -2.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Innoviz Technologies has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Innoviz Technologies Stock (NASDAQ:INVZ)

Innoviz Technologies Ltd. designs and manufactures solid-state LiDAR sensors and develops perception software that enables the mass production of autonomous vehicles. The company manufactures InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxi, shuttle, trucking, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Its automotive-grade sensor is integrable into Level 3 through 5 autonomous vehicles for the safety of passengers and pedestrians. The company also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as an option to integrate the perception application in the LiDAR sensor; Innoviz360, a 360-degree LiDAR for automotive and non-automotive applications; and perception application, a software application that turns the InnovizOne LiDAR's raw point cloud data into perception outputs to provide scene perception and deliver an automotive-grade ASIL B(D) solution. It operates in Europe, Asia Pacific, the Middle East, Africa, and North America. The company was incorporated in 2016 and is headquartered in Rosh HaAyin, Israel.

INVZ Stock Price History

30 days | 90 days | 365 days | Advanced Chart

INVZ Stock News Headlines

December 7, 2023 | americanbankingnews.com

Traders Purchase High Volume of Call Options on Innoviz Technologies (NASDAQ:INVZ)

December 4, 2023 | americanbankingnews.com

Innoviz Technologies Ltd. (NASDAQ:INVZ) Short Interest Update

December 11, 2023 | Edge On The Street (Ad)

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November 28, 2023 | msn.com

Auto Tech Stocks: Keep Rolling On

November 16, 2023 | finance.yahoo.com

Innoviz Named as CES 2024 Innovation Awards Honoree for InnovizCore AI Compute Module

October 31, 2023 | finance.yahoo.com

Innoviz Technologies Ltd.'s (NASDAQ:INVZ) largest shareholders are retail investors with 48% ownership, institutions own 40%

October 26, 2023 | msn.com

Mobileye Global (MBLY) Surpasses Q3 Earnings Estimates

September 20, 2023 | finance.yahoo.com

We Think Innoviz Technologies (NASDAQ:INVZ) Needs To Drive Business Growth Carefully

December 11, 2023 | Edge On The Street (Ad)

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September 6, 2023 | finance.yahoo.com

Innoviz Technologies Announces Participation in Upcoming Investor Conferences

September 1, 2023 | nasdaq.com

Goldman Sachs Maintains Innoviz Technologies (INVZ) Buy Recommendation

August 16, 2023 | finance.yahoo.com

Innoviz Reiterates Value Proposition in Open Letter to Shareholders

August 12, 2023 | msn.com

Lidar Is Coming of Age. Investors Can Begin to Compare Companies.

August 10, 2023 | markets.businessinsider.com

Why Innoviz Stock Is Tumbling Today

August 10, 2023 | msn.com

Why Innoviz Technologies Stock Is Falling Today

August 9, 2023 | finance.yahoo.com

Innoviz Announces Pricing of Upsized Public Offering of Ordinary Shares

August 9, 2023 | finance.yahoo.com

Innoviz Announces Public Offering of Ordinary Shares

August 3, 2023 | seekingalpha.com

Innoviz Technologies: Inflection Point

August 3, 2023 | msn.com

Rosenblatt Reiterates Innoviz Technologies (INVZ) Neutral Recommendation

August 2, 2023 | finance.yahoo.com

Innoviz Technologies Ltd. (INVZ) Reports Q2 Loss, Tops Revenue Estimates

August 2, 2023 | finanznachrichten.de

Innoviz Technologies Ltd: Innoviz Reports Second-Quarter 2023 Results and Increases 2023 Financial Targets Following Continued Commercial Momentum

August 2, 2023 | finance.yahoo.com

Innoviz Technologies to Develop B-Samples of New LiDAR Platform for Next Generation of BMW Automated Vehicles

August 2, 2023 | finance.yahoo.com

Innoviz Reports Second-Quarter 2023 Results and Increases 2023 Financial Targets Following Continued Commercial Momentum

July 31, 2023 | msn.com

Innoviz Technologies pops 15% just ahead of earnings

July 31, 2023 | markets.businessinsider.com

What's Going On With Innoviz Technologies Stock Today?

July 30, 2023 | nasdaq.com

A Bull Market Is Coming -- 1 Incredible AI Growth Stock to Buy Hand Over Fist Before It Soars 300%, According to Wall Street

July 18, 2023 | msn.com

Innoviz Technologies: Speeding Toward Commercialization

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/11/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/06/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Motor vehicle parts & accessories
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NASDAQ:INVZ
CUSIP: N/A
CIK: 1835654
Web: www.innoviz.tech
Phone: 972-74-700-3692
Fax: N/A
Employees: 468
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $7.00
High Stock Price Target: $13.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +199.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.92)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-126,870,000.00
Net Margins: -1,689.54%
Pretax Margin: -1,679.62%
Return on Equity: -76.16%
Return on Assets: -55.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.51
Quick Ratio: 5.35

Sales & Book Value

Annual Sales: $7.54 million
Price / Sales: 51.09
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.41 per share
Price / Book: 1.66

Miscellaneous

Outstanding Shares: 164,890,000
Free Float: 146,422,000
Market Cap: $385.02 million
Optionable: Optionable
Beta: 0.94

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Key Executives

Mr. Omer David Keilaf (Age 44)
Co-Founder, CEO & Director
Comp: $474.8k
Mr. Eldar Cegla (Age 53)
Chief Financial Officer
Comp: $324.05k
Mr. Udy Gal-On (Age 54)
Chief Operating Officer
Comp: $273.92k
Ms. Dana Nutkevitch
General Counsel
Ms. Shiri Hilton
Chief Human Resource Officer
Mr. David Elooz (Age 50)
Chief Photonics Officer
Mr. Elad Hofstetter
Chief Business Officer
Mr. Robert Moffatt
Vice President of Corporate Development & IR - US

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

INVZ Stock Analysis - Frequently Asked Questions

Should I buy or sell Innoviz Technologies stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innoviz Technologies in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" INVZ shares.
View INVZ analyst ratings or view top-rated stocks.
What is Innoviz Technologies' stock price target for 2024?: 3 Wall Street analysts have issued 1 year target prices for Innoviz Technologies' stock. Their INVZ share price targets range from $3.00 to $13.00. On average, they expect the company's share price to reach $7.00 in the next year. This suggests a possible upside of 201.1% from the stock's current price.
View analysts price targets for INVZ or view top-rated stocks among Wall Street analysts.
How have INVZ shares performed in 2023?: Innoviz Technologies' stock was trading at $3.93 on January 1st, 2023. Since then, INVZ stock has decreased by 40.8% and is now trading at $2.3250.
View the best growth stocks for 2023 here.
Are investors shorting Innoviz Technologies?: Innoviz Technologies saw a increase in short interest in November. As of November 15th, there was short interest totaling 13,830,000 shares, an increase of 7.4% from the October 31st total of 12,880,000 shares. Based on an average daily trading volume, of 2,290,000 shares, the days-to-cover ratio is presently 6.0 days. Currently, 8.9% of the shares of the company are short sold.
View Innoviz Technologies' Short Interest.
When is Innoviz Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
View our INVZ earnings forecast.
How were Innoviz Technologies' earnings last quarter?: Innoviz Technologies Ltd. (NASDAQ:INVZ) released its earnings results on Wednesday, November, 8th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by $0.01. The firm earned $3.48 million during the quarter, compared to analysts' expectations of $3.08 million. Innoviz Technologies had a negative trailing twelve-month return on equity of 76.16% and a negative net margin of 1,689.54%.

What ETFs hold Innoviz Technologies' stock?: ETFs with the largest weight of Innoviz Technologies (NASDAQ:INVZ) stock in their portfolio include Direxion Moonshot Innovators ETF (MOON).BlueStar Israel Technology ETF (ITEQ).
What guidance has Innoviz Technologies issued on next quarter's earnings?: Innoviz Technologies issued an update on its fourth quarter 2023 earnings guidance on Wednesday, November, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $9.00 million-$14.00 million, compared to the consensus revenue estimate of $11.80 million.
Who are Innoviz Technologies' major shareholders?: Innoviz Technologies' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Citigroup Inc. (0.00%), Citigroup Inc. (0.00%), Cowen AND Company LLC (4.63%), Phoenix Holdings Ltd. (3.79%), Harel Insurance Investments & Financial Services Ltd. (3.68%) and Migdal Insurance & Financial Holdings Ltd. (3.06%).
How do I buy shares of Innoviz Technologies?: Shares of INVZ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:INVZ) was last updated on 12/11/2023 by MarketBeat.com Staff

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Innoviz Technologies (INVZ) Stock Price, News & Analysis

Innoviz Technologies MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Innoviz Technologies Stock (NASDAQ:INVZ)

INVZ Stock Price History

INVZ Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

INVZ Stock Analysis - Frequently Asked Questions

Overall MarketRank^™