In last trading session, Innoviz Technologies Ltd (NASDAQ:INVZ) saw 1.93 million shares changing hands with its beta currently measuring 0.85. Company’s recent per share price level of $0.62 trading at $0.0 or -0.02% at ring of the bell on the day assigns it a market valuation of $123.28M. That closing price of INVZ’s stock is at a discount of -406.45% from its 52-week high price of $3.14 and is indicating a premium of 27.42% 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 2.76 million shares which gives us an average trading volume of 10.51 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.
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
Upright in the red during last session for losing -0.02%, in the last five days INVZ remained trading in the red while hitting it’s week-highest on Thursday, 03/27/25 when the stock touched $0.62 price level, adding 11.39% to its value on the day. Innoviz Technologies Ltd’s shares saw a change of -63.12% in year-to-date performance and have moved -11.45% in past 5-day. Innoviz Technologies Ltd (NASDAQ:INVZ) showed a performance of -14.53% in past 30-days. Number of shares sold short was 24.02 million shares which calculate 2.42 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 79.33% 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 -61.29% in reaching the projected high whereas dropping to the targeted low would mean a loss of -61.29% for stock’s current value.
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 2.06% of company’s total shares while institution are holding 31.55 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 31.55% 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 5.2782 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.
