In recent trading session, Innoviz Technologies Ltd (NASDAQ:INVZ) saw 0.72 million shares changing hands at last check today with its beta currently measuring 0.71. Company’s recent per share price level of $1.54 trading at -$0.01 or -0.32% at last check today assigns it a market valuation of $260.62M. That most recent trading price of INVZ’s stock is at a discount of -103.9% from its 52-week high price of $3.14 and is indicating a premium of 70.78% from its 52-week low price of $0.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.73 million shares which gives us an average trading volume of 7.96 million if we extend that period to 3-months.

For Innoviz Technologies Ltd (INVZ), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.

Innoviz Technologies Ltd (NASDAQ:INVZ) trade information

Upright in the red during last session for losing -0.32%, in the last five days INVZ remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $1.54 price level, adding 23.0% to its value on the day. Innoviz Technologies Ltd’s shares saw a change of -8.04% in year-to-date performance and have moved -13.69% in past 5-day. Innoviz Technologies Ltd (NASDAQ:INVZ) showed a performance of -14.17% in past 30-days. Number of shares sold short was 11.39 million shares which calculate 10.99 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 48.67% to its recent value today. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 13. It follows that stock’s current price would jump 35.06% in reaching the projected high whereas dropping to the targeted low would mean a gain of 35.06% for stock’s current value.

Innoviz Technologies Ltd (INVZ) estimates and forecasts

Statistics highlight that Innoviz Technologies Ltd is scoring comparatively higher than the scores of other players of the relevant industry. The company added 94.54% of value to its shares in past 6 months, showing an annual growth rate of 44.05% while that of industry is 10.00. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to rise 15.65% from the last financial year’s standing.

5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 5.86M for the same. And 4 analysts are in estimates of company making revenue of 10.22M in the next quarter. Company posted 14.92M and 7.06M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 24.35% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 33.85% while estimates for its earnings growth in next 5 years are of 22.62%.

Innoviz Technologies Ltd (NASDAQ:INVZ)’s Major holders

CITIGROUP INC is the top institutional holder at INVZ for having 8.79 million shares of worth $8.15 million. And as of 2024-06-30, it was holding 5.3058 of the company’s outstanding shares.

The second largest institutional holder is COWEN AND COMPANY, LLC, which was holding about 8.13 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.9058 of outstanding shares, having a total worth of $7.54 million.

On the other hand, Neuberger & Berman Intrinsic Value Fd and SPDR Portfolio Developed World ex-US ETF are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024, the former fund manager was holding 1.41 shares of worth $2.13 million or 1.03% of the total outstanding shares. The later fund manager was in possession of 517.55 shares on Nov 30, 2024, making its stake of worth around $0.78 million in the company or a holder of 0.38% of company’s stock.