Innoviz Technologies Ltd Shares Rise 43.04% From The Lows – But Will They Continue?

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In recent trading session, Innoviz Technologies Ltd (NASDAQ:INVZ) saw 0.54 million shares changing hands at last check today with its beta currently measuring 0.78. Company’s recent per share price level of $0.79 trading at $0.0 or -0.02% at last check today assigns it a market valuation of $157.16M. That most recent trading price of INVZ’s stock is at a discount of -297.47% from its 52-week high price of $3.14 and is indicating a premium of 43.04% 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 1.9 million shares which gives us an average trading volume of 7.33 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 -0.02%, in the last five days INVZ remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $0.79 price level, adding 2.32% to its value on the day. Innoviz Technologies Ltd’s shares saw a change of -52.98% in year-to-date performance and have moved 25.14% in past 5-day. Innoviz Technologies Ltd (NASDAQ:INVZ) showed a performance of 12.89% in past 30-days. Number of shares sold short was 23.56 million shares which calculate 6.62 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 73.67% 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 drop -26.58% in reaching the projected high whereas dropping to the targeted low would mean a loss of -26.58% for stock’s current value.

Innoviz Technologies Ltd (INVZ) estimates and forecasts

This year revenue growth is estimated to rise 125.24% 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 9M for the same. And 4 analysts are in estimates of company making revenue of 10.75M 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 2.11% of company’s total shares while institution are holding 31.51 percent of that, with stock having share float percentage of 32.19%. Investors also watch the number of corporate investors in a company very closely, which is 31.51% 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.

On the other hand, NEUBERGER BERMAN EQUITY FUNDS-Neuberger Berman Intrinsic Value Fund and SPDR INDEX SHARES FUNDS-SPDR(R) Portfolio Developed World ex-US ETF are the top two Mutual Funds which own company’s shares. As of Feb 28, 2025 , the former fund manager was holding 1.41 shares of worth $1.11 million or 0.71% of the total outstanding shares. The later fund manager was in possession of 817.98 shares on Feb 28, 2025 , making its stake of worth around $0.65 million in the company or a holder of 0.41% of company’s stock.

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