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Added to YB: 2024-12-18

Pitch date: 2024-12-12

INVZ [bullish]

Innoviz Technologies Ltd.

+42.43%

current return

Author Info

The Net Worth Club is a former Investment Advisor and Chartered Investment Manager sharing stock ideas in their newsletter. Sign up for the newsletter.

Company Info

Innoviz Technologies Ltd. manufactures and sells automotive grade LiDAR sensors and perception software to enable safe autonomous driving at a mass scale.

Market Cap

$254.4M

Pitch Price

$0.87

Price Target

1.77 (+43%)

Dividend

N/A

EV/EBITDA

-3.79

P/E

-3.55

EV/Sales

4.44

Sector

Electronic Equipment, Instruments and Components

Category

turnaround

Show full summary:
The Next SOFI? A Hidden Gem in the Autonomous Vehicle Revolution - Innoviz Technologies Ltd.

INVZ: LiDAR tech for autonomous vehicles. Post-SPAC cleanup, $115M market cap, $45M cash. Improving financials: narrowing losses, better cash flow. Analyst avg PT $1.77. Revenue growth potential. Turnaround play with tech upside. Risks remain but attractive entry point.

Read full article (3 min)