Is Innoviz Technologies Stock a Good Investment?
Innoviz Technologies Investment Advice | INVZW |
- Examine Innoviz Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Innoviz Technologies' leadership team and their track record. Good management can help Innoviz Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Innoviz Technologies' business and its evolving consumer preferences.
- Compare Innoviz Technologies' performance and market position to its competitors. Analyze how Innoviz Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Innoviz Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Innoviz Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Innoviz Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Innoviz Technologies is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Innoviz Technologies Stock
Researching Innoviz Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company had not issued any dividends in recent years. Innoviz Technologies had 1:1 split on the 6th of April 2021.
To determine if Innoviz Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Innoviz Technologies' research are outlined below:
| Innoviz Technologies is way too risky over 90 days horizon | |
| Innoviz Technologies has some characteristics of a very speculative penny stock | |
| Innoviz Technologies appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 20.88 M. Net Loss for the year was (123.45 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Innoviz Technologies has accumulated about 50.07 M in cash with (93.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.95, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Innoviz Technologies Quarterly Liabilities And Stockholders Equity |
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Innoviz Technologies' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.42 B.Market Cap |
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Innoviz Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.56) | (0.59) | |
| Return On Capital Employed | (0.73) | (0.76) | |
| Return On Assets | (0.56) | (0.59) | |
| Return On Equity | (0.81) | (0.85) |
Determining Innoviz Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Innoviz Technologies is a good buy. For example, gross profit margin measures Innoviz Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Innoviz Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Innoviz Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Innoviz Technologies. Check Innoviz Technologies' Beneish M Score to see the likelihood of Innoviz Technologies' management manipulating its earnings.
Evaluate Innoviz Technologies' management efficiency
Innoviz Technologies has return on total asset (ROA) of (0.4045) % which means that it has lost $0.4045 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.8721) %, meaning that it generated substantial loss on money invested by shareholders. Innoviz Technologies' management efficiency ratios could be used to measure how well Innoviz Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.59 in 2024. Return On Capital Employed is likely to drop to -0.76 in 2024. At this time, Innoviz Technologies' Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 88.2 K in 2024, whereas Other Current Assets are likely to drop slightly above 3.9 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.04 | 1.09 | |
| Tangible Book Value Per Share | 1.04 | 1.09 | |
| Enterprise Value Over EBITDA | (3.07) | (3.23) | |
| Price Book Value Ratio | 2.43 | 2.31 | |
| Enterprise Value Multiple | (3.07) | (3.23) | |
| Price Fair Value | 2.43 | 2.31 | |
| Enterprise Value | 379.3 M | 360.3 M |
Evaluating the management effectiveness of Innoviz Technologies allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Innoviz Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Beta 1.036 |
Basic technical analysis of Innoviz Stock
As of the 18th of November 2024, Innoviz Technologies retains the Risk Adjusted Performance of 0.0192, downside deviation of 22.66, and Market Risk Adjusted Performance of (0.13). Innoviz Technologies technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Innoviz Technologies information ratio and the relationship between the maximum drawdown and skewness to decide if Innoviz Technologies is priced fairly, providing market reflects its last-minute price of 0.06 per share. As Innoviz Technologies appears to be a penny stock we also urge to confirm its total risk alpha numbers.Understand Innoviz Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Innoviz Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0192 | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 13.33 | |||
| Semi Deviation | 14.62 | |||
| Downside Deviation | 22.66 | |||
| Coefficient Of Variation | 7868.89 | |||
| Standard Deviation | 22.39 | |||
| Variance | 501.48 | |||
| Information Ratio | 0.0079 | |||
| Jensen Alpha | 0.4633 | |||
| Total Risk Alpha | (2.60) | |||
| Sortino Ratio | 0.0078 | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 124.44 | |||
| Value At Risk | (30.29) | |||
| Potential Upside | 50.0 | |||
| Downside Variance | 513.64 | |||
| Semi Variance | 213.72 | |||
| Expected Short fall | (26.16) | |||
| Skewness | 1.71 | |||
| Kurtosis | 5.22 |
| Risk Adjusted Performance | 0.0192 | |||
| Market Risk Adjusted Performance | (0.13) | |||
| Mean Deviation | 13.33 | |||
| Semi Deviation | 14.62 | |||
| Downside Deviation | 22.66 | |||
| Coefficient Of Variation | 7868.89 | |||
| Standard Deviation | 22.39 | |||
| Variance | 501.48 | |||
| Information Ratio | 0.0079 | |||
| Jensen Alpha | 0.4633 | |||
| Total Risk Alpha | (2.60) | |||
| Sortino Ratio | 0.0078 | |||
| Treynor Ratio | (0.14) | |||
| Maximum Drawdown | 124.44 | |||
| Value At Risk | (30.29) | |||
| Potential Upside | 50.0 | |||
| Downside Variance | 513.64 | |||
| Semi Variance | 213.72 | |||
| Expected Short fall | (26.16) | |||
| Skewness | 1.71 | |||
| Kurtosis | 5.22 |
Consider Innoviz Technologies' intraday indicators
Innoviz Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Innoviz Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 0.0099 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0603 | |||
| Day Typical Price | 0.0602 | |||
| Market Facilitation Index | 6.0E-4 | |||
| Price Action Indicator | (0.0003) |
Innoviz Stock media impact
Far too much social signal, news, headlines, and media speculation about Innoviz Technologies that are available to investors today. That information is available publicly through Innoviz media outlets and privately through word of mouth or via Innoviz internal channels. However, regardless of the origin, that massive amount of Innoviz data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Innoviz Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Innoviz Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Innoviz Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Innoviz Technologies alpha.
Innoviz Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Innoviz Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Innoviz Technologies Corporate Management
| Avishay Moscovici | Chief Officer | Profile | |
| Oren Rosenzweig | Chief CoFounder | Profile | |
| David Elooz | Chief Officer | Profile | |
| Omer Keilaf | CEO CoFounder | Profile | |
| Oren Buskila | CoFounder Officer | Profile | |
| Eldar Cegla | Chief Officer | Profile | |
| Dana Nutkevitch | General Counsel | Profile |
Additional Tools for Innoviz Stock Analysis
When running Innoviz Technologies' price analysis, check to measure Innoviz Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Innoviz Technologies is operating at the current time. Most of Innoviz Technologies' value examination focuses on studying past and present price action to predict the probability of Innoviz Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innoviz Technologies' price. Additionally, you may evaluate how the addition of Innoviz Technologies to your portfolios can decrease your overall portfolio volatility.