Innoviz Technologies (INVZ) Projected to Post Quarterly Earnings on Wednesday

Innoviz Technologies (NASDAQ:INVZ) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 14th. Analysts expect Innoviz Technologies to post earnings of ($0.08) per share and revenue of $9.00 million for the quarter. Innoviz Technologies has set its FY 2025 guidance at EPS.

Innoviz Technologies (NASDAQ:INVZ) last posted its earnings results on Wednesday, February 26th. The company reported ($0.11) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.11). Innoviz Technologies had a negative return on equity of 87.40% and a negative net margin of 321.53%. The firm had revenue of $6.03 million for the quarter, compared to analyst estimates of $5.86 million. On average, analysts expect Innoviz Technologies to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Innoviz Technologies Stock Up 7.3%

Shares of Innoviz Technologies stock opened at $0.78 on Monday. Innoviz Technologies has a fifty-two week low of $0.45 and a fifty-two week high of $3.14. The firm has a market cap of $155.89 million, a PE ratio of -1.22 and a beta of 0.84. The business’s fifty day moving average is $0.67 and its two-hundred day moving average is $0.96.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on INVZ. Westpark Capital reissued a “buy” rating and set a $2.22 target price on shares of Innoviz Technologies in a research report on Tuesday, February 25th. Rosenblatt Securities reissued a “buy” rating and set a $4.00 target price on shares of Innoviz Technologies in a report on Thursday, February 27th.

Innoviz Technologies Company Profile

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale. The company offers InnovizOne, a solid-state LiDAR sensor designed for automakers and robotaxis, shuttles, trucks, and delivery companies requiring an automotive-grade and mass-producible solution to achieve autonomy.