Innoviz Technologies Ltd. designs and manufactures solid state LiDAR sensors and develops perception software that enable the mass-production of autonomous vehicles. The company manufactures InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxi, shuttle, trucking, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Its automotive-grade sensor is integrable into Level 3 through 5 autonomous vehicles for the safety of passengers and pedestrians. The company also provides InnovizTwo, an automotive-grade LiDAR sensor that offers a solution for all levels of autonomous driving, as well as option to integrate the perception application in the LiDAR sensor; and perception application, a software application that turns the InnovizOne LiDAR's raw point cloud data into perception outputs to provide superior scene perception and deliver an automotive-grade ASIL B(D) solution. Its products can be used in various industries, including robotaxis, shuttles, delivery vehicles, buses, trucking, drones, and robotics, as well as construction, agriculture, smart city, security, mining, maritime, and mapping. The company operates in Europe, the Middle East, Africa, and North America. Innoviz Technologies Ltd. was incorporated in 2016 and is headquartered in Rosh HaAyin, Israel.
IPO Year:
Exchange: NASDAQ
Website: innoviz.tech
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/20/2024 | $4.00 | Neutral → Buy | Rosenblatt |
| 11/14/2024 | Overweight → Neutral | Cantor Fitzgerald | |
| 7/11/2024 | $2.25 → $1.00 | Buy → Neutral | Goldman |
| 10/25/2022 | $5.00 | Neutral | Rosenblatt |
| 9/28/2022 | $12.00 | Buy | Berenberg |
| 9/20/2022 | $22.00 | Overweight | JP Morgan |
| 3/3/2022 | $8.00 → $7.00 | Buy | Goldman Sachs |
| 11/17/2021 | $7.00 → $9.00 | Neutral → Buy | Goldman Sachs |
Names Tali Chen as Chief Business Officer Appoints Scott Craig as Country Manager, U.S. and Brijesh Shukla as Country Manager, Japan TEL AVIV, Israel, May 24, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance LiDAR sensors and perception software, today announced a series of management team appointments to bolster its sales leadership experience and support its continued growth. Innoviz has appointed Tali Chen as Chief Business Officer (CBO), effective immediately. Chen will oversee the Company's b
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
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SC 13G/A - Innoviz Technologies Ltd. (0001835654) (Subject)
Rosenblatt upgraded Innoviz Technologies from Neutral to Buy and set a new price target of $4.00
Cantor Fitzgerald downgraded Innoviz Technologies from Overweight to Neutral
Goldman downgraded Innoviz Technologies from Buy to Neutral and set a new price target of $1.00 from $2.25 previously
Rosenblatt initiated coverage of Innoviz Technologies with a rating of Neutral and set a new price target of $5.00
Berenberg resumed coverage of Innoviz Technologies with a rating of Buy and set a new price target of $12.00
JP Morgan initiated coverage of Innoviz Technologies with a rating of Overweight and set a new price target of $22.00
Goldman Sachs reiterated coverage of Innoviz Technologies with a rating of Buy and set a new price target of $7.00 from $8.00 previously
Goldman Sachs upgraded Innoviz Technologies from Neutral to Buy and set a new price target of $9.00 from $7.00 previously
Berenberg initiated coverage of Innoviz Technologies with a rating of Buy and set a new price target of $13.00
Cantor Fitzgerald initiated coverage of Innoviz Technologies with a rating of Overweight and set a new price target of $14.00
Entered two new OEM programs through agreement with Level 4 platform partner with expected SOP in 2026; Met operational target of 2-3 additional customer programs in 2024 and exceeded midpoint of revenue guidance of Q3 with $4.5 million in revenue Q3 cash used in operations and capital expenditures of $17.7 million compared to $28.6 million in Q3 2023 and $21.6 million in Q2 2024 TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial r
TEL AVIV, Israel, Oct. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ), (the "Company" or "Innoviz"), a leading Tier-1 supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024 before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a press release prior t
TEL AVIV, Israel, July 17, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the second quarter ended June 30, 2024, on Wednesday, August 7, 2024, before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a press release prior
TEL AVIV, Israel, April 17, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the first quarter ended March 31, 2024 on Wednesday, May 8, 2024 before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a press release prior to th
Full year 2023 revenues of approximately $21M exceeded guidance with year-over-year growth of 246%Q4 2023 revenues of approximately $15M exceeded guidance with 328% growth quarter-over-quarter and 846% growth year-over-yearStrong revenue growth coupled with disciplined cost management led to the lowest quarterly cash burn since becoming a public company, finishing the year with approximately $150 million in cash and equivalentsTEL AVIV, Israel, Feb. 28, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic u
TEL AVIV, Israel, Jan. 29, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ), (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the fourth quarter and full year ended December 31, 2023 on Wednesday, February 28, 2024 before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a pr
SOP and expanded relationship with BMW Group combined with additional year-to-date commercial momentum underlines the strength of Innoviz's LiDAR sensor and software platform TEL AVIV, Israel , Aug. 2, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the second quarter ended June 30, 2023 and raised 2023 financial targets. Innoviz has achieved Start of Production (SOP) with its first generation BMW Group program. The first component shipments i
TEL AVIV, Israel, July 10, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the second quarter ended June 30, 2023 on Wednesday, August 2, 2023 before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a press release prior to the call. In
Innoviz updates 2023 targets due to expanded relationship with a major existing customer along with other progress made year-to-date TEL AVIV, Israel, May 17, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the first quarter ended March 31, 2023 and updated 2023 commercial and financial targets. Innoviz today announced that a major existing global automotive customer aims to expand its use of the InnovizTwo LiDAR to a new light commercial vehicle pro
TEL AVIV, Israel, April 24, 2023 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a technology leader of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the first quarter ended March 31, 2023 on Wednesday, May 17, 2023 before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a press release prior to the call. Investor
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
6-K - Innoviz Technologies Ltd. (0001835654) (Filer)
Innoviz Perception Software offers key features running with the NVIDIA DRIVE AGX Orin platform Innoviz booth at CES is on West Hall, booth #4216 TEL AVIV, Israel, Jan. 7, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive-grade LiDAR sensors and perception software, is proud to announce its latest technological advancements, which will be showcased at CES 2025. Highlighting the power of its perception software, Innoviz will demonstrate how it runs seamlessly with the NVIDIA DRIVE AGX Orin platform, offering a range of software-driven features designed to accelerate autonomous driving applicati
TEL AVIV, Israel, Jan. 2, 2025 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced that it received formal written confirmation from The Nasdaq Stock Market, LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq's minimum bid price requirement. The regaining of compliance is a result of the Company's closing bid price of the Company's ordinary shares (the "Shares") being at least $1.00 for at least 10 consecutive business days prior to January 27, 2025 deadline, as described in the initial notice from Nasdaq
Expects to receive NREs from existing programs in 2025-2027, with cash payment of more than $40 million expected in 2025Ongoing sales of LiDAR products and new programs expected to generate additional revenues throughout 2025TEL AVIV, Israel, Dec. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, today announced a multi-year NRE (Non-Recurring Engineering services) payment plan of approx. $80 million with key existing customers which is expected to bolster the Company's financial position. NREs are expected to be paid between 2025 and 202
Following the Company's recent agreement with Mobileye, the Volkswagen ID. Buzz equipped with Innoviz LiDARs, and the BMW i7 which is on the roads since March 2024 – will be on display at the Innoviz Booth TEL AVIV, Israel, Dec. 17, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 supplier of high-performance, automotive grade LiDAR sensors and perception software, today announced its participation in the Consumer Electronics Show (CES) 2025, taking place January 7th – 10th in Las Vegas, Nevada. Visitors can experience the latest in LiDAR technology at the Innoviz booth, located at LVCC, West Hall booth #4216. The Company will prese
The agreement will see Mobileye integrate Innoviz LiDARs into its autonomous vehicle platform for testing and deployment with key customers Mobileye Drive™ platform for autonomous driving has been adopted by significant vehicle producers globally, including VW Commercial Vehicles, Schaeffler / VDL, Holon, and VerneThe use of state-of-the-art Innoviz LiDARs for this generation of the Mobileye Drive™ platform enhances scalability and reduces complexity across these and potential future customersStart of Production will commence in 2026JERUSALEM and TEL AVIV, Israel, Dec. 11, 2024 /PRNewswire/ -- Mobileye (NASDAQ:MBLY), a global leader in autonomous and driver-assistance technologies, and Innov
Entered two new OEM programs through agreement with Level 4 platform partner with expected SOP in 2026; Met operational target of 2-3 additional customer programs in 2024 and exceeded midpoint of revenue guidance of Q3 with $4.5 million in revenue Q3 cash used in operations and capital expenditures of $17.7 million compared to $28.6 million in Q3 2023 and $21.6 million in Q2 2024 TEL AVIV, Israel, Nov. 13, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial r
TEL AVIV, Israel, Oct. 23, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ), (the "Company" or "Innoviz"), a leading Tier-1 supplier of high performance, automotive-grade LiDAR sensors and perception software, today announced that it will release its earnings results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024 before the market opens. Innoviz will host a conference call and webinar on the same day at 9:00 a.m. Eastern Time (6:00 a.m. Pacific Time) to discuss its operational and financial results followed by a question-and-answer session for the investment community. Operational and financial results will be issued in a press release prior t
Reached an important agreement with a major platform partner to supply a bundle of InnovizTwo short- and long-range LiDARs to their Level 4 autonomous platform, which was already selected by several OEM programs Q2 2024 revenues of $6.7 million exceed previous guidance range of $4-$5 million, up from $1.5 million in Q2 2023 TEL AVIV, Israel, Aug. 7, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive grade LiDAR sensors and perception software, today provided commercial and strategic updates on its business, reported its financial results for the quarter ended June 30, 2024, provided guid
The Indoor Lab will begin installations of InnovizTwo at some of the fastest growing airports in the US, including Denver International Airport, Tampa International Airport, and Nashville International Airport TEL AVIV, Israel, Aug. 6, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a world leader and Tier 1 supplier of high-performance LiDAR solutions, entered into a distribution agreement with The Indoor Lab LLC, a world leader in non-automotive LiDAR analytics, to deploy InnovizTwo LiDARs across its airport portfolio, beginning with Denver, Tampa, and Nashville International airports. This collaboration will enable airport partners with exceptio
TEL AVIV, Israel, Aug. 2, 2024 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ:INVZ) (the "Company" or "Innoviz"), a leading Tier-1 direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, announced today that it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated July 30, 2024, indicating that the Company no longer satisfies Nasdaq Listing Rule 5450(a)(1) based upon a closing bid price of less than $1.00 per share for the Company's ordinary shares (the "Shares") for the prior 30 consecutive business day period. The notification from Nasdaq has no immediate effect on the listin