Innoviz Technologies Ltd [INVZ] stock prices are up 16.05% to $1.88 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The INVZ shares have gain 16.77% over the last week, with a monthly amount glided 52.85%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Innoviz Technologies Ltd [NASDAQ: INVZ] stock has seen the most recent analyst activity on December 20, 2024, when Rosenblatt upgraded its rating to a Buy but kept the price target unchanged to $4 for it. Previously, Cantor Fitzgerald downgraded its rating to Neutral on November 14, 2024. On July 11, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $1 on the stock. Rosenblatt started tracking the stock assigning a Neutral rating and suggested a price target of $5 on October 25, 2022. JP Morgan started tracking with a Overweight rating for this stock on September 20, 2022, and assigned it a price target of $22. In a note dated November 17, 2021, Goldman upgraded an Buy rating on this stock and boosted its target price from $7 to $9.
The stock price of Innoviz Technologies Ltd [INVZ] has been fluctuating between $0.45 and $3.14 over the past year. Currently, Wall Street analysts expect the stock to reach $5.67 within the next 12 months. Innoviz Technologies Ltd [NASDAQ: INVZ] shares were valued at $1.88 at the most recent close of the market. An investor can expect a potential return of 201.6% based on the average INVZ price forecast.
Analyzing the INVZ fundamentals
The Innoviz Technologies Ltd [NASDAQ:INVZ] reported sales of 33.16M for trailing twelve months, representing a surge of 29.77%. Gross Profit Margin for this corporation currently stands at -0.12% with Operating Profit Margin at -3.45%, Pretax Profit Margin comes in at -3.21%, and Net Profit Margin reading is -3.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.74, Equity is -0.87 and Total Capital is -0.97. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.7333 points at the first support level, and at 1.5867 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9633, and for the 2nd resistance point, it is at 2.0467.
Ratios To Look Out For
It’s worth pointing out that Innoviz Technologies Ltd [NASDAQ:INVZ]’s Current Ratio is 3.64. Further, the Quick Ratio stands at 3.59, while the Cash Ratio is 1.07. Considering the valuation of this stock, the price to sales ratio is 9.56, the price to book ratio is 2.03.
Transactions by insiders
Recent insider trading involved Cegla Eldar Mordechay, Officer, that happened on Dec 24 ’24 when 10000.0 shares were purchased.
