Boy I'm fishing like crazy here. Alright we stumbled onto RZLT because we had another dumb stk Rezolve Ai /// got lucky there. Now looking up RZLT I stumbled across another interesting name.... It's certainly nothing you can teach... Westpark Capital has increased its price target for Innoviz Technologies (NASDAQ:INVZ)from $2.53 to $3.30, indicating a potential upside of108.86%from the current stock price. Innoviz Technologies reported a negativeEPS of ($0.09), missing estimates, but achieved revenue of$9.75 millionfor the quarter, surpassing expectations. Institutional investors hold approximately63.26%of Innoviz Technologies, with several new stakes established in recent quarters.
Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy. Innoviz Technologies (NASDAQ:INVZ-Get Free Report) last released its earnings results on Wednesday, August 13th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.01). Innoviz Technologies had a negative net margin of 223.29% and a negative return on equity of 78.82%. The business had revenue of $9.75 million for the quarter, compared to the consensus estimate of $9.00 million. >>>>>>>>> Granted it doesn't read well. Lets take another view)))))))))))))))))))))))))))))))))))))))))) Latest Developments and Market Reaction: Recent analyst upgrades could have contributed to increased investor confidence, sparking an uptick in Innoviz Technologies Ltd.’s stock. A promising new partnership with a leading automotive company is causing excitement about future growth prospects for INVZ. Improvements in key financial metrics, particularly in cost efficiency, may be signaling more robust future earnings. Positive technology reviews are endorsing Innoviz’s cutting-edge LiDAR technology, inspiring increased market optimism.
Ok so you see the green bars that came in late on the sell day and then really takes over on Friday a sleepy day/// I mean this could go higher/
Oh god help me I'm leaning towards a LIDAR play..... Volume------------------->15,479,990 Avg. Volume--------------->8,219,656
Positive Points Innoviz Technologies Ltd (NASDAQ:INVZ) reported a significant increase in revenue for the first half of 2025, reaching $27.1 million, surpassing the total revenue for all of 2024. The company announced a statement of work agreement with a top 5 passenger automotive OEM for a Level 3 global production passenger vehicle program, indicating potential for future growth. Innoviz Technologies Ltd (NASDAQ:INVZ) launched Innovvi Smart, expanding their auto-grade LiDAR technology to industrial and non-automotive applications, which has already led to collaborations with several companies. The company is on track to meet its 2025 revenue target of $50 to $60 million, driven by NRE payments and LiDAR unit sales. Innoviz Technologies Ltd (NASDAQ:INVZ) has begun shipping units from Fabbonet's high-volume production line, demonstrating their capability to scale operations to meet growing demand. Negative Points Despite the revenue growth, Innoviz Technologies Ltd (NASDAQ:INVZ) reported a cash burn of $7.3 million for the quarter, highlighting ongoing financial challenges. The company's gross margins are expected to continue to vary due to product ramp timing and NRE payment fluctuations, indicating potential volatility in profitability. The development program with the top 5 OEM is still in the early stages, with the start of production not slated until 2027, which may delay revenue realization. Innoviz Technologies Ltd (NASDAQ:INVZ) has launched an at-the-market (ATM) program to raise $75 million, which may dilute existing shareholders. The company faces competition in the autonomous vehicle market, and the success of their LiDAR technology depends on securing additional design wins in both automotive and non-automotive segments.
Looking ahead, revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electronic industry in the US. ok LIDAR it bores me. We have been through this with SPAC's and EV's and electric trucks and busses. For someone who gets annoyed when my Mazda beeps as a car is near LIDAR is not something that appeals to me. What you don't hear about is military use. And there must be alot. LIDAR on drones? / Why not.