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Innoviz Technologies (INVZ) Company Overview

Profile

Full Name:

Innoviz Technologies Ltd.

Industry:

Auto Parts

Country:

Israel

IPO:

June 29, 2020

Indexes:

Not included

Description:

Innoviz Technologies is a company that develops advanced LiDAR sensors and software for autonomous vehicles. Their technology helps cars understand their surroundings, improving safety and navigation. Innoviz aims to make self-driving cars a reality by providing reliable and accurate sensing solutions.

Key Details

Price

$1.64

Annual Revenue

$20.88 M(+246.43% YoY)

Annual EPS

-$0.84(+10.64% YoY)

Annual ROE

-71.50%

Beta

2.51

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Nov 13, 2024

Recent annual earnings:

Feb 28, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

Dec 20, 24 Rosenblatt
Buy
Nov 27, 24 WestPark Capital
Buy
Nov 14, 24 Goldman Sachs
Neutral
Nov 14, 24 Cantor Fitzgerald
Neutral
Sep 30, 24 Cantor Fitzgerald
Overweight
Sep 23, 24 Cantor Fitzgerald
Overweight
Sep 10, 24 Rosenblatt
Neutral
Sep 9, 24 Cantor Fitzgerald
Overweight
Sep 3, 24 Cantor Fitzgerald
Overweight
Aug 19, 24 Cantor Fitzgerald
Overweight

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Innoviz Sets Fourth Quarter and Full Year 2024 Conference Call for Wednesday, February 26 at 9:00 a.m. ET
Innoviz Sets Fourth Quarter and Full Year 2024 Conference Call for Wednesday, February 26 at 9:00 a.m. ET
Innoviz Sets Fourth Quarter and Full Year 2024 Conference Call for Wednesday, February 26 at 9:00 a.m. ET
INVZ
prnewswire.comFebruary 7, 2025

TEL AVIV, Israel , Feb. 7, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2024 on Wednesday, February 26, 2025 before the market opens.

Innoviz Announces Optimization of Operations to Accelerate Path to Profitability
Innoviz Announces Optimization of Operations to Accelerate Path to Profitability
Innoviz Announces Optimization of Operations to Accelerate Path to Profitability
INVZ
prnewswire.comFebruary 4, 2025

Innoviz is optimizing its operations to accelerate its path towards profitability, reflecting product ramp progress and confidence in execution and business growth Realignment actions to be implemented during the first half of 2025 and are expected to reduce cash outlays by approximately $12 million on an annualized basis TEL AVIV, Israel , Feb. 4, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced an optimization of its operations to extend the Company's cash runway and accelerate its progress towards profitability and free cash flow generation.

Innoviz, in Collaboration with NVIDIA, Showcasing Cutting-Edge Perception Software with NVIDIA DRIVE AGX Orin at CES 2025, Unveiling New Software-Driven Features
Innoviz, in Collaboration with NVIDIA, Showcasing Cutting-Edge Perception Software with NVIDIA DRIVE AGX Orin at CES 2025, Unveiling New Software-Driven Features
Innoviz, in Collaboration with NVIDIA, Showcasing Cutting-Edge Perception Software with NVIDIA DRIVE AGX Orin at CES 2025, Unveiling New Software-Driven Features
INVZ
prnewswire.comJanuary 7, 2025

Innoviz Perception Software offers key features running with the NVIDIA DRIVE AGX Orin platform Innoviz booth at CES is on West Hall, booth #4216 TEL AVIV, Israel , Jan. 7, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, is proud to announce its latest technological advancements, which will be showcased at CES 2025.

Innoviz Regains Compliance with Nasdaq's Minimum Bid Price Requirement
Innoviz Regains Compliance with Nasdaq's Minimum Bid Price Requirement
Innoviz Regains Compliance with Nasdaq's Minimum Bid Price Requirement
INVZ
prnewswire.comJanuary 2, 2025

TEL AVIV, Israel , Jan. 2, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced that it received formal written confirmation from The Nasdaq Stock Market, LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq's minimum bid price requirement.

Innoviz Bolsters Financial Position with Approx. $80M through Multi-Year NRE Payment Plan with Key Customers
Innoviz Bolsters Financial Position with Approx. $80M through Multi-Year NRE Payment Plan with Key Customers
Innoviz Bolsters Financial Position with Approx. $80M through Multi-Year NRE Payment Plan with Key Customers
INVZ
prnewswire.comDecember 23, 2024

Expects to receive NREs from existing programs in 2025-2027, with cash payment of more than $40 million expected in 2025 Ongoing sales of LiDAR products and new programs expected to generate additional revenues throughout 2025 TEL AVIV, Israel , Dec. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced a multi-year NRE (Non-Recurring Engineering services) payment plan of approx.

Innoviz: Heading Towards A Long-Awaited Inflection Point
Innoviz: Heading Towards A Long-Awaited Inflection Point
Innoviz: Heading Towards A Long-Awaited Inflection Point
INVZ
seekingalpha.comDecember 20, 2024

Innoviz Technologies shows promise with significant Lidar deals starting production by 2026. The stock has been volatile, risking a reverse split if it can't maintain a price above $1. Innoviz's cash burn rate is down, but its cash balance remains low, posing a risk until major programs start in 2026.

Innoviz Technologies Ltd. (INVZ) Reports Q3 Loss, Misses Revenue Estimates
Innoviz Technologies Ltd. (INVZ) Reports Q3 Loss, Misses Revenue Estimates
Innoviz Technologies Ltd. (INVZ) Reports Q3 Loss, Misses Revenue Estimates
INVZ
zacks.comNovember 13, 2024

Innoviz Technologies Ltd. (INVZ) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.14.

Innoviz Sets Third Quarter 2024 Conference Call for Wednesday, November 13 at 9:00 a.m. ET
Innoviz Sets Third Quarter 2024 Conference Call for Wednesday, November 13 at 9:00 a.m. ET
Innoviz Sets Third Quarter 2024 Conference Call for Wednesday, November 13 at 9:00 a.m. ET
INVZ
prnewswire.comOctober 23, 2024

TEL AVIV, Israel , Oct. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ), (the "Company" or "Innoviz"), a leading Tier-1 supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024 before the market opens.

Down -15.66% in 4 Weeks, Here's Why Innoviz Technologies (INVZ) Looks Ripe for a Turnaround
Down -15.66% in 4 Weeks, Here's Why Innoviz Technologies (INVZ) Looks Ripe for a Turnaround
Down -15.66% in 4 Weeks, Here's Why Innoviz Technologies (INVZ) Looks Ripe for a Turnaround
INVZ
zacks.comSeptember 5, 2024

The heavy selling pressure might have exhausted for Innoviz Technologies (INVZ) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Innoviz Reports Second Quarter 2024 Results
Innoviz Reports Second Quarter 2024 Results
Innoviz Reports Second Quarter 2024 Results
INVZ
prnewswire.comAugust 7, 2024

Reached an important agreement with a major platform partner to supply a bundle of InnovizTwo short- and long-range LiDARs to their Level 4 autonomous platform, which was already selected by several OEM programs Q2 2024 revenues of $6.7 million exceed previous guidance range of $4-$5 million, up from $1.5 million in Q2 2023 TEL AVIV, Israel , Aug. 7, 2024 /PRNewswire/ -- Innoviz Technologies  Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the quarter ended June 30, 2024, provided guidance for the third quarter of 2024, and reiterated its full year commercial and financial targets.

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FAQ

  • What is the ticker symbol for Innoviz Technologies?
  • Does Innoviz Technologies pay dividends?
  • What sector is Innoviz Technologies in?
  • What industry is Innoviz Technologies in?
  • What country is Innoviz Technologies based in?
  • When did Innoviz Technologies go public?
  • Is Innoviz Technologies in the S&P 500?
  • Is Innoviz Technologies in the NASDAQ 100?
  • Is Innoviz Technologies in the Dow Jones?
  • When was Innoviz Technologies's last earnings report?
  • When does Innoviz Technologies report earnings?
  • Should I buy Innoviz Technologies stock now?

What is the ticker symbol for Innoviz Technologies?

The ticker symbol for Innoviz Technologies is NASDAQ:INVZ

Does Innoviz Technologies pay dividends?

No, Innoviz Technologies does not pay dividends

What sector is Innoviz Technologies in?

Innoviz Technologies is in the Consumer Cyclical sector

What industry is Innoviz Technologies in?

Innoviz Technologies is in the Auto Parts industry

What country is Innoviz Technologies based in?

Innoviz Technologies is headquartered in Israel

When did Innoviz Technologies go public?

Innoviz Technologies's initial public offering (IPO) was on June 29, 2020

Is Innoviz Technologies in the S&P 500?

No, Innoviz Technologies is not included in the S&P 500 index

Is Innoviz Technologies in the NASDAQ 100?

No, Innoviz Technologies is not included in the NASDAQ 100 index

Is Innoviz Technologies in the Dow Jones?

No, Innoviz Technologies is not included in the Dow Jones index

When was Innoviz Technologies's last earnings report?

Innoviz Technologies's most recent earnings report was on Nov 13, 2024

When does Innoviz Technologies report earnings?

The next expected earnings date for Innoviz Technologies is Feb 28, 2025

Should I buy Innoviz Technologies stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions