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The Latest Breaking News from INVZ

Innoviz Stock Jumps As Goldman Sachs Says New Automaker Deals Could Drive Big Growth

Innoviz Technologies’ (NASDAQ: INVZ) stock jumped 15% Monday as investors bet on new design wins and growth in autonomous driving.

Innoviz Technologies Stock Is Tumbling Today: What's Going On?

Innoviz Technologies Stock Is Tumbling Today: What's Going On?

Innoviz Technologies Ltd (NASDAQ:INVZ) shares are trading lower Wednesday on the heels of the company’s second-quarter financial results. Innoviz also announced a mixed shelf offering Wednesday morning.

This Self-Driving Car Stock Is Heating Up as Tesla Puts the Spotlight on Robotaxis. Should You Buy It Here?

This Self-Driving Car Stock Is Heating Up as Tesla Puts the Spotlight on Robotaxis. Should You Buy It Here?

Innoviz stock is taking advantage of the self-driving hype Tesla has created with its upcoming launch of robotaxi services. INVZ shares are rallying also because of two big deals.

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This Penny Stock Just Nabbed a Deal With Nvidia. Is It a Buy?

At CES 2025, one under-the-radar player turned heads with a breakthrough partnership with Nvidia that could redefine autonomous driving.

Goldman Sachs: These 3 Stocks Could Gain More Than 20% by Next Summer

The stock market seems on track to post its worst first half in decades. And the volatility is not expected to subside anytime soon. Despite the market fluctuations, Goldman Sachs analysts expect fundamentally sound stocks Adobe (ADBE), Global-e Online (GLBE), and Innoviz (INVZ) to rally more than 20% in the…

Innoviz Shares Drop On Q1 Miss; Clocks 144% Revenue Growth

Innoviz Technologies Ltd (NASDAQ:INVZ) reported first-quarter FY22 revenue growth of 144% year-on-year to $1.77 million, missing the consensus of $2.17 million. EPS loss of $(0.23) missed the consensus loss of $(0.18). Innoviz held $275 million in cash and equivalents. "We made meaningful progress executing our strategy during the first quarter, which culminated in…

Innoviz Technologies: Q1 Earnings Insights

Innoviz Technologies (NASDAQ:INVZ) reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

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Innoviz Partners With LiDAR Sensor Supplier LiangDao Intelligence

Innoviz Partners With LiDAR Sensor Supplier LiangDao Intelligence

Innoviz Technologies Ltd (NASDAQ:INVZ) has signed a strategic partnership agreement with LiDAR system supplier LiangDao Intelligence. The partnership aims to accelerate the introduction of series production solutions of high-resolution LiDAR for the Chinese market based on InnovizTwo. The parties will work together to build a complete LiDAR hardware assembly line and supply chain system…

Here's How Innoviz Fared In FY21

Here's How Innoviz Fared In FY21

Innoviz Technologies (NASDAQ:INVZ) reported FY21 revenue of $5.5 million compared to $(9.4) million in 2020. InnovizOne-related revenues in 2021 were $4.3 million, increasing 28% Y/Y. EPS loss of $(1.54) versus $(5.99) a year ago. Innoviz held $304 million in cash and equivalents and used $84.4 million in operating cash flow. "We reached a…

Luminar Technologies vs. Innoviz: Which Lidar Stock is a Better Buy?

Luminar Technologies vs. Innoviz: Which Lidar Stock is a Better Buy?

Today I'll analyze Luminar Technologies (LAZR) and Innoviz Technologies (INVZ) to determine which lidar stock is currently the better buy.

4 Lidar Stocks Wall Street Predicts Will Skyrocket

4 Lidar Stocks Wall Street Predicts Will Skyrocket

The accelerating growth in the global lidar industry is driven primarily by increasing demand for advanced sensor technologies in the aerospace, automotive, healthcare, and construction industries. Thus, Wall Street analysts are betting on lidar stocks Luminar (LIDR), Ouster (OUST, Innoviz (INVZ), and AEye (LIDR) to generate continued growth in the…

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