Innoviz Technologies Ltd (NASDAQ:INVZ) has a beta value of 0.85 and has seen 0.78 million shares traded in the recent trading session. The company, currently valued at $124.64M, closed the recent trade at $0.63 per share which meant it lost -$0.03 on the day or -4.92% during that session. The INVZ stock price is -398.41% off its 52-week high price of $3.14 and 28.57% above the 52-week low of $0.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.27 million shares traded. The 3-month trading volume is 10.72 million shares.
The consensus among analysts is that Innoviz Technologies Ltd (INVZ) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight.
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
Sporting -4.92% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the INVZ stock price touched $0.63 or saw a rise of 15.96%. Year-to-date, Innoviz Technologies Ltd shares have moved -62.71%, while the 5-day performance has seen it change -13.33%. Over the past 30 days, the shares of Innoviz Technologies Ltd (NASDAQ:INVZ) have changed -15.24%. Short interest in the company has seen 24.02 million shares shorted with days to cover at 2.42.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 79.0% from the levels at last check today.. The projected low price target is $1.0 while the price target rests at a high of $13.0. In that case, then, we find that the latest price level in today’s session is -1963.49% off the targeted high while a plunge would see the stock gain -58.73% from the levels at last check today..
Innoviz Technologies Ltd (INVZ) estimates and forecasts
The company’s shares have lost -19.69% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -463.21% over the past 5 years. Earnings growth for 2025 is a modest 35.96% while over the next 5 years, the company’s earnings are expected to increase by 25.57%.
INVZ Dividends
Innoviz Technologies Ltd is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Innoviz Technologies Ltd (NASDAQ:INVZ)’s Major holders
Insiders own 2.06% of the company shares, while shares held by institutions stand at 31.50% with a share float percentage of 32.16%. Investors are also buoyed by the number of investors in a company, with Innoviz Technologies Ltd having a total of 113.0 institutions that hold shares in the company. The top two institutional holders are CITIGROUP INC with over 8.79 million shares worth more than $8.15 million. As of 2024-06-30, CITIGROUP INC held 5.2782% of shares outstanding.
The other major institutional holder is COWEN AND COMPANY, LLC, with the holding of over 8.13 million shares as of 2024-06-30. The firm’s total holdings are worth over $7.54 million and represent 4.8804% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are NEUBERGER BERMAN EQUITY FUNDS-Neuberger Berman Intrinsic Value Fund and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF . As of Feb 28, 2025 , the former fund manager holds about 0.83% shares in the company for having 1.41 shares of worth $0.87 million while later fund manager owns 817.98 shares of worth $0.51 million as of Feb 28, 2025 , which makes it owner of about 0.48% of company’s outstanding stock.
