Consumer Cyclical - Auto - Parts - NASDAQ - IL
$ 0.487
-2.6 %
$ 82.1 M
Market Cap
-0.75
P/E
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.[ Read More ]
The intrinsic value of one INVZ stock under the base case scenario is HIDDEN Compared to the current market price of 0.487 USD, Innoviz Technologies Ltd. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart INVZ
FINANCIALS
20.9 M
REVENUE
-133 M
OPERATING INCOME
-123 M
NET INCOME
-93.1 M
OPERATING CASH FLOW
1.06 M
INVESTING CASH FLOW
61.9 M
FINANCING CASH FLOW
6.66 M
REVENUE
-23.5 M
OPERATING INCOME
-21.2 M
NET INCOME
-20.8 M
OPERATING CASH FLOW
30.6 M
INVESTING CASH FLOW
69 K
FINANCING CASH FLOW
Balance Sheet Decomposition
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
-55.63%
GROSS MARGIN
-635.19%
OPERATING MARGIN
-591.37%
NET MARGIN
-80.54%
ROE
-56.31%
ROA
-86.96%
ROIC
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
105.34%
INVZ Average Price Target
Wall Street Target
4.83 USD
892.47%
INVZ Highest Price Target
Wall Street Target
13 USD
2569.40%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
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 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
- 3 days 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
- 4 days 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
- 4 days 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 weeks 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
- 2 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
- 3 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
- 3 months ago
Innoviz Reports Second Quarter 2024 Results
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.
prnewswire.com
- 3 months ago
Innoviz Technologies' LiDARs to Be Deployed Across Major International Airports in the United States by The Indoor Lab to Improve Passenger Safety and Operational Efficiency Using AI Capabilities
The Indoor Lab will begin installations of InnovizTwo at some of the fastest growing airports in the US, including Denver International Airport, Tampa International Airport, and Nashville International Airport TEL AVIV, Israel , Aug. 6, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a world leader and Tier 1 supplier of high-performance LiDAR solutions, entered into a distribution agreement with The Indoor Lab LLC, a world leader in non-automotive LiDAR analytics, to deploy InnovizTwo LiDARs across its airport portfolio, beginning with Denver, Tampa, and Nashville International airports.
prnewswire.com
- 3 months ago
Innoviz Announces Receipt of Nasdaq Non-Compliance Letter
TEL AVIV, Israel , Aug. 2, 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, announced today that it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated July 30, 2024, indicating that the Company no longer satisfies Nasdaq Listing Rule 5450(a)(1) based upon a closing bid price of less than $1.00 per share for the Company's ordinary shares (the "Shares") for the prior 30 consecutive business day period.
prnewswire.com
- 3 months ago
Innoviz Sets Second Quarter 2024 Conference Call for Wednesday, August 7 at 9:00 a.m. ET
TEL AVIV, Israel , July 17, 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 that it will release its earnings results for the second quarter ended June 30, 2024, on Wednesday, August 7, 2024, before the market opens.
prnewswire.com
- 4 months ago
This Darden Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
benzinga.com
- 4 months ago
8. Profile Summary
Innoviz Technologies Ltd. INVZ
COUNTRY
IL
INDUSTRY
Auto - Parts
MARKET CAP
$ 82.1 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
Ms. Dana Nutkevitch
General Counsel
Mr. David Elooz
Chief Photonics Officer
Ms. Shiri Hilton
Chief Human Resource Officer
Mr. Omer David Keilaf
Co-Founder, Chief Executive Officer & Director
Mr. Udy Gal-On
Chief Operating Officer
Mr. Avishay Moscovici
Chief Research & Development Officer
Mr. Elad Hofstetter
Chief Business Officer
Mr. Eldar Cegla
Chief Financial Officer