Innoviz Technologies Ltd [NASDAQ: INVZ] stock went on an upward path that rose over 27900624% on Friday, amounting to a one-week price increase of more than 38.40%.
Over the last 12 months, INVZ stock dropped by -20.83%. The one-year Innoviz Technologies Ltd stock forecast points to a potential downside of -168924202.79. The average equity rating for INVZ stock is currently 1.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $264.62 million, with 198.96 million shares outstanding and 194.84 million shares in the current float. Compared to the average trading volume of 4.24M shares, INVZ stock reached a trading volume of 27900624 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Innoviz Technologies Ltd [INVZ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for INVZ shares is $2.51 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on INVZ stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Rosenblatt have made an estimate for Innoviz Technologies Ltd shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 20, 2024. The new note on the price target was released on November 14, 2024, representing the official price target for Innoviz Technologies Ltd stock. Previously, the target price had yet another drop from $2.25 to $1, while Goldman kept a Neutral rating on INVZ stock.
The Price to Book ratio for the last quarter was 2.85, with the Price to Cash per share for the same quarter was set at 0.43.
INVZ Stock Performance Analysis:
Innoviz Technologies Ltd [INVZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 38.40. With this latest performance, INVZ shares gained by 36.76% in over the last four-week period, additionally plugging by 13.68% over the last 6 months – not to mention a drop of -20.83% in the past year of trading.
Insight into Innoviz Technologies Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Innoviz Technologies Ltd [INVZ] shares currently have an operating margin of -239.75% and a Gross Margin at 20.57%. Innoviz Technologies Ltd’s Net Margin is presently recorded at -223.29%.
Return on Equity for this stock declined to -45.18%, with Return on Assets sitting at -45.18%.
INVZ Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INVZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Innoviz Technologies Ltd go to 27.75%.
Innoviz Technologies Ltd [INVZ] Institutonal Ownership Details
There are presently around $22.41%, or 22.94%% of INVZ stock, in the hands of institutional investors. The top three institutional holders of INVZ stocks are: CITIGROUP INC with ownership of 8.79 million shares, which is approximately 5.2782%. COWEN AND COMPANY, LLC, holding 8.13 million shares of the stock with an approximate value of $$7.54 million in INVZ stocks shares; and COWEN AND COMPANY, LLC, currently with $$6.96 million in INVZ stock with ownership which is approximately 4.5037%.
