Innoviz Technologies INVZ

What the company does

Innoviz Technologies is a small-cap company in the Consumer Cyclical sector (Auto Parts), with a market value of $92M, based in the USA.

It employs about 372 people and has been listed since Apr 05, 2021.

Innoviz Technologies Ltd. engages in the provision of automotive-grade LiDAR and perception solutions worldwide. Its sensors and complementary software suite are designed to deliver exceptional range, resolution, and reliability, providing accurate 3D sensing even in harsh weather conditions.

Cheap or expensive? relatively cheap

The company is loss-making, so it has no P/E — we compare on price-to-sales instead.

Its price-to-sales (P/S) is 1.7 versus 2.9 for the median of the Consumer Cyclical sector in our universe (21 companies) — relatively cheap.

Revenue is growing 86% versus the same quarter last year.

The average analyst price target is 0.40, 30% above the current price (their view, not ours).

The stock sits at 1% of its one-year range (0% = the low, 100% = the high).

The risks

• ⚠️ The company is loss-making, and its cash covers about 3 quarters at the current burn rate.
• • More cash leaves than comes in (negative free cash flow).
• • The share count grew 12% in a year — each share owns a smaller slice of the company.
• • The stock is more volatile than average (beta 1.4) — big daily moves both ways.
• • The stock is 88% below its one-year high.
• • Low trading volume — hard to buy or sell size without moving the price.

Strengths

• ✅ More cash than debt.
• ✅ Revenue is growing 86% a year.

What changed this week

Over the past week the stock fell 14.9% (for comparison: S&P 500 +1.2%, sector ETF XLY +2.5%).

No notable news about the company was found in the past week.

What changed since last week

This is the first summary for this stock; from next week this section shows what changed.