Innoviz Technologies Ltd. (INVZ) AI Stock Analysis
INVZ AI stock analysis summary
AI ResearchInnoviz Technologies Ltd. designs and manufactures solid-state LiDAR sensors and perception software for autonomous driving applications. While annual revenue expanded from $5.5M in FY2021 to $55.1M in FY2025, the company remains unprofitable with a net loss of -$67.8M in FY2025. Over the trailing twelve months, revenue reached $53.2M alongside an operating margin of -101.9%.
- Market cap
- $84.3M
- Revenue (TTM)
- $53.2M
- P/E
- —
- 1Y return
- -86.8% S&P 500 16.8%
- Avg. target
- $0.40 41.3% vs last close
Bull case
- Revenue increased by 127.0% in FY2025 to reach $55.1M, supported by an 85.5% quarterly revenue gain in the period ended June 30, 2026.
- Gross margin improved from -91.9% in FY2021 to a positive 23.4% in FY2025.
- The analyst mean price target of $0.40 represents an upside of 41.3% compared to the last close of $0.28.
Bear case
- The stock has dropped 86.8% over the past year and trades 56.8% below its 200-day moving average.
- Innoviz remained deeply unprofitable in FY2025 with a net loss of -$67.8M and free cash flow of -$52.0M.
- Dilution has expanded the share count by 67.3% over the past five years to support operations.
What Innoviz Technologies does
Innoviz Technologies Ltd. is a designer and manufacturer of solid-state LiDAR sensors and advanced perception software tailored for autonomous vehicles. Its product lineup includes InnovizOne, an automotive-grade sensor engineered for Level 3 to Level 5 autonomous driving across robotaxis, automakers, and logistics platforms. The company also offers InnovizTwo, which supports all autonomy levels and provides direct perception software integration, and Innoviz360 for 360-degree coverage in automotive and non-automotive sectors. Furthermore, Innoviz develops perception application software that converts raw point cloud data from its sensors into actionable perception outputs for real-time scene analysis.
Growth and profitability
Annual revenue grew significantly from $5.5M in FY2021 to $20.9M in FY2023, reaching $55.1M in FY2025 after a 127.0% year-over-year increase. Gross margin turned positive in FY2025 at 23.4%, up from -91.9% in FY2021 and -4.8% in FY2024. Despite this progress, profitability remains deeply negative, with net losses recorded at -$153.6M in FY2021 and -$67.8M in FY2025, leading to an EPS of -$0.34. Over the trailing twelve months, revenue totaled $53.2M with a net profit margin of -153.1%. For the latest quarter ended June 30, 2026, quarterly revenue growth stood at 85.5% year over year.
Balance sheet and cash flow
As of June 30, 2026, Innoviz held $48.4M in cash and short-term investments alongside total debt of $35.6M, resulting in net cash of $12.8M. Total assets stood at $119.7M, supported by shareholders' equity of $48.7M and a current ratio of 1.73. The debt-to-equity ratio was 0.73. Innoviz generated negative operating cash flow of -$47.8M and free cash flow of -$52.0M in FY2025. In that same fiscal year, capital expenditures were $4.2M, while the share count increased by 67.3% over five years.
Valuation and performance
Innoviz has a market capitalization of $84.3M and an enterprise value of $108.9M. The stock trades at a price-to-sales multiple of 1.6x, compared to 0.7x for the median of its US-listed Consumer Cyclical peers. Its price-to-book ratio is 2.5x, and enterprise value-to-revenue is 2.0x. Over the past year, the stock declined 86.8%, significantly trailing the S&P 500 benchmark return of 16.8%. Over a five-year period, the stock dropped 94.1%, while the S&P 500 rose 83.0%.
What analysts expect
Wall Street coverage includes 1 Buy rating and 1 Hold rating, with no Strong Buy, Sell, or Strong Sell recommendations. The mean price target is $0.40, reflecting a 41.3% premium over the last close of $0.28. For the fiscal year ending December 31, 2026, analysts estimate revenue of $70.2M and an EPS of -$0.27. For the following fiscal year, 2 analysts project revenue of $92.7M and an EPS of -$0.18. Innoviz posted 0 EPS beats over the last 4 quarters, and its next earnings date is November 11, 2026.
Key risks and what to watch
- Innoviz has missed consensus profit expectations, registering 0 EPS beats over the last 4 quarters.
- Operating cash burn remains elevated, shown by -$47.8M in operating cash flow in FY2025 against cash and short-term investments of $48.4M as of June 30, 2026.
- Trailing twelve-month operating margin sits at -101.9%, indicating that operations are far from breaking even.
- The stock carries elevated market sensitivity, evidenced by a beta of 1.44.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this INVZ AI stock analysis
This page is an AI-written research summary of Innoviz Technologies Ltd. (INVZ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: INVZ income statement, INVZ balance sheet, INVZ key metrics, INVZ analyst forecast, INVZ chart. See the INVZ stock overview for the latest quote and news.
INVZ AI stock analysis FAQ
What products does Innoviz Technologies manufacture?
Innoviz designs solid-state LiDAR sensors including InnovizOne, InnovizTwo, and Innoviz360, alongside perception application software for autonomous vehicles.
Does Innoviz Technologies pay a dividend?
No, Innoviz Technologies does not pay a dividend.
What is Innoviz's current financial position regarding cash and debt?
As of June 30, 2026, Innoviz held $48.4M in cash and short-term investments against $35.6M in total debt, leaving net cash of $12.8M.
When does Innoviz report its next financial results?
The company's next earnings date is scheduled for November 11, 2026.