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 |