Innoviz Technologies Ltd. Ordinary shares
INVZInnoviz Technologies Ltd. is a leading provider of perception solutions for the autonomous vehicle and mobility markets. The company specializes in lidar sensors and perception software that enable vehicles to perceive their environment accurately, supporting the development of safe and reliable autonomous driving systems. Innoviz's technologies are utilized by automotive manufacturers, suppliers, and robotics companies to advance autonomous vehicle capabilities.
Company News
Goldman Sachs upgraded Innoviz Technologies stock from Neutral to Buy, raising its price target and highlighting potential autonomous driving technology design wins with major automakers.
Deutsche Bank upgraded Lam Research from Hold to Buy, raising price target from $100 to $150. Several other companies also received analyst upgrades, including Innoviz Technologies, General Dynamics, and Amer Sports.
Multiple stocks saw significant gains on Monday, driven by factors including potential cannabis policy changes, analyst upgrades, and strategic collaborations.
Innoviz Technologies reported Q2 2025 revenues of $9.7 million, secured a top five OEM contract, expanded into non-automotive markets, and maintained strong financial discipline with reduced cash burn and a new $75 million equity program.
The global automotive sensors market is expected to grow from $36.3 billion in 2023 to $61.7 billion by 2034, driven by the rise in autonomous vehicle production and demand for pressure sensors to optimize vehicle performance and safety.
