In the last trading session, 6.35 million Innoviz Technologies Ltd (NASDAQ:INVZ) shares changed hands as the company’s beta touched 1.08. With the company’s per share price at $1.46 changed hands at -$0.06 or -3.95% during last session, the market valuation stood at $290.48M. INVZ’s last price was a discount, traded about -115.07% off its 52-week high of $3.14. The share price had its 52-week low at $0.45, which suggests the last value was 69.18% up since then. When we look at Innoviz Technologies Ltd’s average trading volume, we note the 10-day average is 12.88 million shares, with the 3-month average coming to 4.61 million.
Analysts gave the Innoviz Technologies Ltd (INVZ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.50. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended INVZ as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight.
Innoviz Technologies Ltd (NASDAQ:INVZ) trade information
Instantly INVZ was in red as seen at the end of in last trading. With action 9.77%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 69.77%, with the 5-day performance at 9.77% in the green. However, in the 30-day time frame, Innoviz Technologies Ltd (NASDAQ:INVZ) is 54.20% up. Looking at the short shares, we see there were 22.73 million shares sold at short interest cover period of 5.36 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 51.33% from its current market value. According to analyst projections, INVZ’s forecast low is 1 with 13 as the target high. To hit the forecast high, the stock’s price needs a -790.41% plunge from its current level, while the stock would need to tank 31.51% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -463.21%. The 2025 estimates are for Innoviz Technologies Ltd earnings to increase by 45.61%, but the outlook for the next 5-year period is at 27.75% per year.
INVZ Dividends
Innoviz Technologies Ltd is expected to release its next quarterly earnings report on 2025-May-14.
Innoviz Technologies Ltd (NASDAQ:INVZ)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.29% of Innoviz Technologies Ltd shares while 22.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 22.94%. There are 22.41% institutions holding the Innoviz Technologies Ltd stock share, with CITIGROUP INC the top institutional holder. As of 2024-06-30, the company held 5.2782% of the shares, roughly 8.79 million INVZ shares worth $8.15 million.
COWEN AND COMPANY, LLC holds the second largest percentage of outstanding shares, with 4.8804% or 8.13 million shares worth $7.54 million as of 2024-06-30.
