In last trading session, Innoviz Technologies Ltd (NASDAQ:INVZ) saw 6.55 million shares changing hands with its beta currently measuring 0.85. Company’s recent per share price level of $0.63 trading at -$0.02 or -2.99% at ring of the bell on the day assigns it a market valuation of $124.58M. That closing price of INVZ’s stock is at a discount of -398.41% from its 52-week high price of $3.14 and is indicating a premium of 28.57% 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 3.85 million shares which gives us an average trading volume of 12.56 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 1.50. 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 -0.1 in the current quarter.
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
Upright in the red during last session for losing -2.99%, in the last five days INVZ remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $0.63 price level, adding 16.0% to its value on the day. Innoviz Technologies Ltd’s shares saw a change of -62.58% in year-to-date performance and have moved -11.36% in past 5-day. Innoviz Technologies Ltd (NASDAQ:INVZ) showed a performance of -36.51% in past 30-days. Number of shares sold short was 24.39 million shares which calculate 1.68 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 79.0% to its current value. 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 drop -58.73% in reaching the projected high whereas dropping to the targeted low would mean a loss of -58.73% for stock’s current value.
Innoviz Technologies Ltd (INVZ) estimates and forecasts
This year revenue growth is estimated to rise 130.39% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 9.33M for the same. And 4 analysts are in estimates of company making revenue of 11M in the next quarter. Company posted 7.06M and 6.66M 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 -463.21% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 35.96% while estimates for its earnings growth in next 5 years are of 25.57%.
Innoviz Technologies Ltd (NASDAQ:INVZ)’s Major holders
Insiders are in possession of 1.72% of company’s total shares while institution are holding 31.67 percent of that, with stock having share float percentage of 32.22%. Investors also watch the number of corporate investors in a company very closely, which is 31.67% institutions for Innoviz Technologies Ltd that are currently holding shares of the company. 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 4.8804 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 Dec 31, 2024 , the former fund manager was holding 1.41 shares of worth $0.88 million or 1.03% of the total outstanding shares. The later fund manager was in possession of 517.55 shares on Dec 31, 2024 , making its stake of worth around $0.33 million in the company or a holder of 0.38% of company’s stock.
