Consumer Cyclical -
Auto - Parts - NASDAQ - IL
$ 1.655
10.3 %
$ 279 M
Market Cap
-2.59
P/E
1. INTRINSIC VALUE
Balance Sheet
Innoviz Technologies Ltd.
| Current Assets | 160 M |
| Cash & Short-Term Investments | 145 M |
| Receivables | 7.4 M |
| Other Current Assets | 7.7 M |
| Non-Current Assets | 58.8 M |
| Long-Term Investments | 7.44 M |
| PP&E | 51.3 M |
| Other Non-Current Assets | 84 K |
| Current Liabilities | 37.2 M |
| Accounts Payable | 8.04 M |
| Short-Term Debt | 4.03 M |
| Other Current Liabilities | 25.2 M |
| Non-Current Liabilities | 28.7 M |
| Long-Term Debt | 28.5 M |
| Other Non-Current Liabilities | 240 K |
EFFICIENCY
Earnings Waterfall
Innoviz Technologies Ltd.
| Revenue | 20.9 M |
| Cost Of Revenue | 32.5 M |
| Gross Profit | -11.6 M |
| Operating Expenses | 121 M |
| Operating Income | -133 M |
| Other Expenses | -9.15 M |
| Net Income | -123 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Innoviz Technologies Ltd.
| Net Income | -123 M |
| Depreciation & Amortization | 9.19 M |
| Capital Expenditures | -6.58 M |
| Stock-Based Compensation | 22.3 M |
| Change in Working Capital | 240 K |
| Others | 1.73 M |
| Free Cash Flow | -99.6 M |
Wall Street Analysts Price Targets
Innoviz Technologies Ltd.
Wall Street analysts predict an average 1-year price target for INVZ of $4.83 , with forecasts ranging from
a
low of
$1 to a high of $13 .
INVZ Lowest Price Target
Wall Street Target
1 USD
-39.58%
INVZ Average Price Target
Wall Street Target
4.83 USD
192.04%
INVZ Highest Price Target
Wall Street Target
13 USD
685.50%
4. DIVIDEND
ANALYSIS
INVZ does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Innoviz Technologies Ltd.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Innoviz, in Collaboration with NVIDIA, Showcasing Cutting-Edge Perception Software with NVIDIA DRIVE AGX Orin at CES 2025, Unveiling New Software-Driven Features
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.
prnewswire.com
- 3 weeks ago
Innoviz Regains Compliance with Nasdaq's Minimum Bid Price Requirement
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.
prnewswire.com
- 4 weeks ago
Innoviz Bolsters Financial Position with Approx. $80M through Multi-Year NRE Payment Plan with Key Customers
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.
prnewswire.com
- 1 month ago
Innoviz: Heading Towards A Long-Awaited Inflection Point
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.
seekingalpha.com
- 1 month ago
Mobileye to Use Innoviz LiDARs for its Mobileye Drive™ AV Platform
The agreement will see Mobileye integrate Innoviz LiDARs into its autonomous vehicle platform for testing and deployment with key customers Mobileye Drive™ platform for autonomous driving has been adopted by significant vehicle producers globally, including VW Commercial Vehicles, Schaeffler / VDL, Holon, and Verne The use of state-of-the-art Innoviz LiDARs for this generation of the Mobileye Drive™ platform enhances scalability and reduces complexity across these and potential future customers Start of Production will commence in 2026 JERUSALEM and TEL AVIV, Israel , Dec. 11, 2024 /PRNewswire/ -- Mobileye (Nasdaq: MBLY), a global leader in autonomous and driver-assistance technologies, and 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, announced today that Mobileye will use Innoviz's LiDARs for the Mobileye Drive™ platform.
prnewswire.com
- 1 month ago
Innoviz Technologies Ltd (INVZ) Q3 2024 Earnings Call Transcript
Innoviz Technologies Ltd (NASDAQ:INVZ ) Q3 2024 Earnings Conference Call November 13, 2024 9:00 AM ET Company Participants Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer Conference Call Participants Andres Sheppard - Cantor Fitzgerald Mark Delaney - Goldman Sachs Jash Patwa - J.P. Morgan Operator Good morning.
seekingalpha.com
- 2 months ago
Innoviz Technologies Ltd. (INVZ) Reports Q3 Loss, Misses Revenue Estimates
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.
zacks.com
- 2 months ago
Innoviz Reports Third Quarter 2024 Results
Entered two new OEM programs through agreement with Level 4 platform partner with expected SOP in 2026; Met operational target of 2-3 additional customer programs in 2024 and exceeded midpoint of revenue guidance of Q3 with $4.5 million in revenue Q3 cash used in operations and capital expenditures of $17.7 million compared to $28.6 million in Q3 2023 and $21.6 million in Q2 2024 TEL AVIV, Israel , Nov. 13, 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 September 30, 2024, provided guidance for full year 2024, and reiterated its full year NRE target.
prnewswire.com
- 2 months ago
Innoviz Sets Third Quarter 2024 Conference Call for Wednesday, November 13 at 9:00 a.m. ET
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.
prnewswire.com
- 3 months ago
Down -15.66% in 4 Weeks, Here's Why Innoviz Technologies (INVZ) Looks Ripe for a Turnaround
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.
zacks.com
- 4 months ago
Innoviz Technologies Ltd (INVZ) Q2 2024 Earnings Call Transcript
Innoviz Technologies Ltd (NASDAQ:INVZ ) Q2 2024 Results Conference Call August 7, 2024 9:00 AM ET Company Participants Omer Keilaf - Chief Executive Officer Eldar Cegla - Chief Financial Officer Conference Call Participants Mark Delaney - Goldman Sachs Andres Sheppard - Cantor Fitzgerald Kevin Cassidy - Rosenblatt Securities Kevin Garrigan - WestPark Capital Operator Good morning. I would like to welcome you to our Q2 2024 Earnings Conference Call.
seekingalpha.com
- 5 months ago
Innoviz Technologies Ltd. (INVZ) Reports Q2 Loss, Tops Revenue Estimates
Innoviz Technologies Ltd. (INVZ) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.10.
zacks.com
- 5 months ago
8. Profile
Summary
Innoviz Technologies Ltd. INVZ
COUNTRY
IL
INDUSTRY
Auto - Parts
MARKET CAP
$ 279 M
Dividend Yield
0.00%
Description
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. Innoviz Technologies Ltd. was incorporated in 2016 and is headquartered in Rosh HaAyin, Israel.
Contact
2 Amal Street, Rosh Haayin, 4809202
https://www.innoviz.tech
IPO
Date
June 29, 2020
Employees
488
Officers
Mr. Omer David Keilaf
Co-Founder, Chief Executive Officer & Director
Mr. Eldar Cegla
Chief Financial Officer
Mr. Avishay Moscovici
Chief Research & Development Officer
Mr. Udy Gal-On
Chief Operating Officer
Ms. Shiri Hilton
Chief Human Resource Officer
Mr. Elad Hofstetter
Chief Business Officer
Ms. Dana Nutkevitch
General Counsel
Mr. David Elooz
Chief Photonics Officer