Innoviz Technologies Ltd [NASDAQ: INVZ] surged by $0.06 during the normal trading session on Tuesday and reaching a high of $1.515 during the day while it closed the day at $1.43.
Innoviz Technologies Ltd stock has also loss -12.80% of its value over the past 7 days. However, INVZ stock has inclined by 162.48% in the 3 months of the year. Over the past six months meanwhile, it has lost -20.56% and gained 56.92% year-on date.
The market cap for INVZ stock reached $284.52 million, with 198.96 million shares outstanding and 194.84 million shares in the current float. Compared to the average trading volume of 5.16M shares, INVZ reached a trading volume of 7441124 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 3.07, with the Price to Cash per share for the same quarter was set at 0.43.
INVZ stock trade performance evaluation
Innoviz Technologies Ltd [INVZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.80. With this latest performance, INVZ shares gained by 55.65% in over the last four-week period, additionally sinking by -20.56% over the last 6 months – not to mention a drop of -14.88% in the past year of trading.
Innoviz Technologies Ltd [INVZ]: An insightful look at the core 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%.
Earnings per share (EPS) analysis for Innoviz Technologies Ltd [INVZ] stock
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]: Institutional Ownership
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%.
