Innoviz TechnologiesINVZ
About: Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger cars and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructure, security and mapping.
Employees: 488
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
131% more call options, than puts
Call options by funds: $12.7M | Put options by funds: $5.49M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
3.88% less ownership
Funds ownership: 39.37% [Q1] → 35.49% (-3.88%) [Q2]
6% less funds holding
Funds holding: 96 [Q1] → 90 (-6) [Q2]
29% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 31
35% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 17
40% less capital invested
Capital invested by funds: $91.1M [Q1] → $54.6M (-$36.5M) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Cantor Fitzgerald Andres Sheppard 59% 1-year accuracy 79 / 133 met price target | 160%upside $2 | Overweight Reiterated | 30 Sept 2024 |
Cantor Fitzgerald Andres Sheppard 59% 1-year accuracy 79 / 133 met price target | 160%upside $2 | Overweight Reiterated | 23 Sept 2024 |
Rosenblatt Kevin Cassidy 53% 1-year accuracy 20 / 38 met price target | 322%upside $3.25 | Neutral Maintained | 10 Sept 2024 |
Cantor Fitzgerald Andres Sheppard 59% 1-year accuracy 79 / 133 met price target | 160%upside $2 | Overweight Reiterated | 9 Sept 2024 |
Cantor Fitzgerald Andres Sheppard 59% 1-year accuracy 79 / 133 met price target | 160%upside $2 | Overweight Reiterated | 3 Sept 2024 |