Innoviz Technologies (INVZ) AI Stock Analysis

• Market Cap: $325.26M
• Dividend Yield: N/A
• Average Volume (3M): 8.77M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.91
• Revenue Growth: 17.32%
• EPS Growth: 37.70%
• Country: US
• Employees: 415
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): -0.09
• Shares Outstanding: 200,774,840
• 10 Day Avg. Volume: 5,072,599
• 30 Day Avg. Volume: 8,769,425
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.87
• Enterprise Value/Revenue: 8.21
• Enterprise Value/Gross Profit: 39.90
• Enterprise Value/Ebitda: -3.72
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: $1.50 ▼(-32.13% Downside)

Innoviz Technologies faces significant financial challenges, with weak profitability and cash flow management being major concerns. The technical analysis indicates a bearish trend, and the valuation is unattractive due to the negative P/E ratio. While the earnings call provided some positive insights, the financial and technical weaknesses weigh heavily on the overall score.

Positive Factors

Strategic Partnerships

This partnership with a major OEM enhances Innoviz's market position and opens up new geographic expansion opportunities, strengthening its competitive edge in the autonomous vehicle market.

Product Innovation

The launch of InnovizSMART diversifies Innoviz's product offerings, allowing entry into new markets and applications, which can drive long-term revenue growth and broaden the customer base.

Revenue Growth

The significant revenue increase indicates strong demand for Innoviz's products and successful market penetration, which supports future growth and enhances financial stability.

Negative Factors

Cash Flow Challenges

Ongoing cash burn and reliance on additional funding measures highlight financial vulnerabilities, potentially limiting Innoviz's ability to invest in growth and innovation.

Profitability Issues

Persistent profitability issues indicate operational inefficiencies and may hinder long-term financial health, affecting Innoviz's ability to generate sustainable shareholder returns.

Contract Finalization Risks

Delays or issues in finalizing key contracts could impact revenue forecasts and strategic plans, posing risks to Innoviz's market position and growth trajectory.

Innoviz Technologies Business Overview & Revenue Model

Company Description

Innoviz Technologies (INVZ) is a leading provider of LiDAR (Light Detection and Ranging) technology, primarily focused on delivering advanced sensors and perception software for autonomous vehicles and other applications in the transportation sector. The company specializes in creating high-performance and cost-effective LiDAR solutions that enhance safety and efficiency in various sectors, including automotive, logistics, and smart city infrastructure. Innoviz's core products include its InnovizOne and InnovizTwo LiDAR sensors, which are designed to provide accurate 3D mapping and object detection capabilities crucial for the development of self-driving technology.

How the Company Makes Money

Innoviz Technologies generates revenue through the sale of its LiDAR sensors and related software solutions to automotive manufacturers and technology companies developing autonomous vehicles. The company operates a business model that includes both direct sales and partnerships with key players in the automotive industry. Significant revenue streams include long-term contracts with automotive OEMs (original equipment manufacturers) and Tier 1 suppliers, providing them with the necessary LiDAR technology for integration into their vehicles. Additionally, Innoviz may generate revenue from licensing agreements for its software and technology, as well as from providing ongoing support and maintenance services. Strategic partnerships with industry leaders further enhance its market reach and contribute to consistent earnings.

Innoviz Technologies Financial Statement Overview

Summary

Innoviz Technologies shows robust revenue growth but remains unprofitable, with negative margins indicating operational inefficiencies. The balance sheet is strong, with low leverage, providing a cushion against ongoing losses. Cash flow remains a concern, with negative free cash flow underscoring the need for improved operational performance. Overall, while there are growth prospects, the company must address profitability to ensure long-term sustainability.

Income Statement

Innoviz Technologies has shown significant revenue growth with a TTM revenue increase to 34.6 million from 24.3 million in the previous year. However, the company continues to operate at a loss, with negative net and gross margins. The net loss has decreased from last year, but profitability remains a challenge with negative EBIT and EBITDA margins.

Balance Sheet

Innoviz maintains a strong equity base, with a debt-to-equity ratio of 0.26, indicating low leverage. The equity ratio is healthy at 68.6%, reflecting a solid capital structure. Despite a stable balance sheet, the company is still unprofitable, which could impact equity if losses persist.

Cash Flow

The company's cash flow from operations remains negative, reflecting ongoing operational challenges. Free cash flow is also negative, indicating the company is consuming cash. However, there is a slight improvement in operating cash flow year-over-year, and financing activities have provided a cash influx.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	34.60M	24.27M	20.88M	6.03M	5.47M	-9.36M
Gross Profit	7.12M	-1.16M	-11.61M	-8.76M	-5.02M	-15.77M
EBITDA	-76.29M	-94.13M	-123.41M	-126.24M	-153.69M	-79.82M
Net Income	-77.26M	-94.76M	-123.45M	-126.87M	-153.56M	-81.51M
Balance Sheet
Total Assets	157.12M	132.05M	219.23M	255.43M	327.22M	72.56M
Cash, Cash Equivalents and Short-Term Investments	85.38M	67.95M	145.37M	178.08M	265.73M	49.95M
Total Debt	28.29M	29.59M	32.51M	33.92M	0.00	2.50M
Total Liabilities	49.36M	53.12M	65.94M	63.42M	28.42M	296.31M
Stockholders Equity	107.77M	78.93M	153.29M	192.02M	298.80M	-223.75M
Cash Flow
Free Cash Flow	-79.02M	-81.37M	-99.63M	-115.98M	-88.14M	-67.06M
Operating Cash Flow	-73.85M	-76.95M	-93.05M	-93.41M	-84.35M	-61.94M
Investing Cash Flow	34.86M	75.47M	1.06M	125.35M	-281.60M	29.59M
Financing Cash Flow	37.92M	224.00K	61.86M	609.00K	339.01M	8.94M

Innoviz Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.21
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For INVZ, the sentiment is Negative. The current price of 2.21 is above the 20-day moving average (MA) of 2.05, above the 50-day MA of 1.93, and above the 200-day MA of 1.33, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 32.35 is Neutral, neither overbought nor oversold. The STOCH value of 3.44 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INVZ.

Innoviz Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SES	54 Neutral	$758.74M	-6.80	-34.37%	―	―	-63.15%
HSAI	48 Neutral	$4.50B	203.45	2.45%	―	36.76%	―
AEVA	41 Neutral	$777.04M	―	-1441.64%	―	111.39%	-74.39%
INVZ	41 Neutral	$325.26M	―	-72.45%	―	17.32%	37.70%
LAZR	41 Neutral	$92.83M	―	―	―	-5.22%	84.74%
LIDR	40 Underperform	$89.07M	-0.77	-222.90%	―	-23.62%	71.09%

Innoviz Technologies Corporate Events

Innoviz Technologies Announces Annual General Meeting for December 2025

Innoviz Technologies Ltd. has announced its upcoming Annual General Meeting of Shareholders, scheduled for December 16, 2025. The meeting will address several key agenda items, including the re-election of directors, the readoption of the company’s compensation policy, approval of CEO compensation, and the re-appointment of auditors. Shareholders will also review the company’s audited financial statements for the year ended December 31, 2024. The meeting will be held at the company’s headquarters in Israel, and shareholders are encouraged to participate either in person or by proxy.

Innoviz Technologies Achieves Record H1 2025 Revenues and Secures Major OEM Agreement

Innoviz Technologies reported its second-quarter 2025 results, highlighting record revenues for the first half of the year that surpassed full-year 2024 levels. The company signed a significant development agreement with a top 5 passenger automotive OEM, reinforcing its position as a preferred technology partner. Innoviz also launched InnovizSMART, expanding its LiDAR technology into industrial applications, and began shipping units from a high-volume production line to meet increasing demand. The financial results showed a revenue increase to $9.7 million in Q2 2025, with operating expenses reduced by 20% compared to the previous year. Innoviz reiterated its 2025 revenue guidance and raised its NRE bookings targets, indicating strong future prospects.

Innoviz Technologies Releases Interim Financial Statements for Mid-2025

Innoviz Technologies Ltd. has released its interim unaudited consolidated financial statements for the six months ending June 30, 2025. The financial report highlights a decrease in cash and cash equivalents from $25.4 million in December 2024 to $13.5 million in June 2025, while total assets increased from $132 million to $151 million over the same period. The report also notes a rise in trade receivables and inventory, indicating potential growth in operations. These financial updates could impact Innoviz’s market positioning by reflecting its ongoing investment in expanding its operational capabilities and market reach.