Innoviz Technologies (INVZ)

• Market cap: $317M
• 1 day: 16.05%
• 5 days: 16.05%
• 1 month: 22.88%
• 3 months: 142.89%
• 6 months: 129.58%
• Year to date: 4.44%
• 1 year: 1.62%
• 5 years: -82.58%
• 10 years: -82.58%

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 Q3 regulatory filings by fund managers ($100M+ AUM)

76% more call options, than puts

Call options by funds: $7.69M | Put options by funds: $4.36M

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

3.69% less ownership

Funds ownership: 35.66% [Q2] → 31.97% (-3.69%) [Q3]

12% less funds holding

Funds holding: 91 [Q2] → 80 (-11) [Q3]

20% less capital invested

Capital invested by funds: $54.8M [Q2] → $44.1M (-$10.7M) [Q3]

53% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 19

78% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 36

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $0.75 60% downside
• Avg. target: $2.02 7% upside
• High target: $4 113% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Rosenblatt Kevin Cassidy 65% 1-year accuracy 35 / 54 met price target	113% upside $4	Buy Upgraded	20 Dec 2024
WestPark Capital Casey Ryan 39% 1-year accuracy 9 / 23 met price target	31% downside $1.30	Buy Initiated	27 Nov 2024
Goldman Sachs Mark Delaney 63% 1-year accuracy 19 / 30 met price target	60% downside $0.75	Neutral Maintained	14 Nov 2024