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 |
Rosenblatt upgraded Innoviz Technologies from Neutral to Buy and set a new price target of $4.00
Cantor Fitzgerald downgraded Innoviz Technologies from Overweight to Neutral
Goldman downgraded Innoviz Technologies from Buy to Neutral and set a new price target of $1.00 from $2.25 previously
Rosenblatt initiated coverage of Innoviz Technologies with a rating of Neutral and set a new price target of $5.00
Berenberg resumed coverage of Innoviz Technologies with a rating of Buy and set a new price target of $12.00
JP Morgan initiated coverage of Innoviz Technologies with a rating of Overweight and set a new price target of $22.00
Goldman Sachs reiterated coverage of Innoviz Technologies with a rating of Buy and set a new price target of $7.00 from $8.00 previously
Goldman Sachs upgraded Innoviz Technologies from Neutral to Buy and set a new price target of $9.00 from $7.00 previously
Berenberg initiated coverage of Innoviz Technologies with a rating of Buy and set a new price target of $13.00
Cantor Fitzgerald initiated coverage of Innoviz Technologies with a rating of Overweight and set a new price target of $14.00