INVZ Stock Summary and Trading Ideas (Innoviz Technologies Ltd. - | NASDAQ:INVZ)

Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger cars and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructure, security and mapping.

Innoviz Technologies Ltd. - trades on the NASDAQ stock market under the symbol INVZ.

As of March 4, 2025, INVZ stock price climbed to $0.72 with 3,655,148 million shares trading.

INVZ has a beta of 2.99, meaning it tends to be more sensitive to market movements. INVZ has a correlation of 0.11 to the broad based SPY ETF.

INVZ has a market cap of $143.66 million. This is considered a Micro Cap stock.

Last quarter Innoviz Technologies Ltd. - reported $6 million in Revenue and -$.11 earnings per share. This beat revenue expectation by $167,000 and exceeded earnings estimates by $.02.

In the last 3 years, INVZ traded as high as $6.21 and as low as $.45.

The top ETF exchange traded funds that INVZ belongs to (by Net Assets): SPDW, ONEQ, MSSM, GWX.

INVZ has underperformed the market in the last year with a price return of -55.3% while the SPY ETF gained +13.9%. However, in the short term, INVZ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +8.0% vs -4.2% return in SPY. But in the last 2 weeks, INVZ shares have been beat by the market, returning -26.0% compared to an SPY return of -5.4%.

INVZ support price is $.63 and resistance is $.76 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INVZ shares will trade within this expected range on the day.