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Innoviz Technologies Ltd. - $INVZ STOCK NEWS

Welcome to our dedicated page for Innoviz Technologies Ltd. news (Ticker: $INVZ), a resource for investors and traders seeking the latest updates and insights on Innoviz Technologies Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Innoviz Technologies Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Innoviz Technologies Ltd.'s position in the market.

News
Innoviz Named as CES 2024 Innovation Awards Honoree for InnovizCore AI Compute Module
Rhea-AI Summary
Innoviz Technologies Ltd. (Nasdaq: INVZ) has been named a CES® 2024 Innovation Awards Honoree for the all-new InnovizCore, competing for the 'Best of Innovation' distinction. The InnovizCore is a compute module for autonomous vehicles, integrating AI, deep learning, and computer processing to ensure safe driving. It includes a powerful system-on-a-chip (SoC) processor for executing computer vision algorithms and LiDAR-based Minimal Risk Maneuver (MRM) software, bringing precise 3D imaging to safety-critical applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.63%
Tags
AI
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News
Innoviz Reports Third-Quarter 2023 Results, Delivering Strong Sequential and Year-Over-Year Revenue Growth
Rhea-AI Summary
Innoviz Technologies Ltd. (Nasdaq: INVZ) reports 138% QoQ and 297% YoY revenue growth in Q3 2023, reiterates full year 2023 targets. InnovizOne LiDAR sensor components shipments to BMW, shuttle program transition, capital raise, and NRE revenue growth are key highlights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.84%
Tags
earnings
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News
Innoviz Provides Operational Update, Reiterates 2023 Financial Targets and Announces Third Quarter 2023 Earnings Details
Rhea-AI Summary
Innoviz Technologies provides an operational update amidst the current conflict in Israel and reiterates its 2023 targets. The company has not experienced any immediate material impact and continues to monitor its activities to ensure business continuity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.11%
Tags
earnings
News
Innoviz Technologies Announces Participation in Upcoming Investor Conferences
Rhea-AI Summary
Innoviz Technologies to participate in investor conferences
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.28%
Tags
conferences
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News
Innoviz Reiterates Value Proposition in Open Letter to Shareholders
Rhea-AI Summary
Innoviz Technologies, a leading supplier of LiDAR sensors and perception software, has completed a public offering of ordinary shares to bolster its balance sheet. The company aims to secure further customer wins and establish a leadership position in the automotive LiDAR industry. Co-founders and the Chairman of the Board have also invested in the offering, reflecting their confidence in the long-term success of the business. Innoviz is actively participating in over five RFQ sourcing processes with major automotive OEMs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.9%
Tags
none
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News
Innoviz Announces Pricing of Upsized Public Offering of Ordinary Shares
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.03%
Tags
offering
News
Innoviz Announces Public Offering of Ordinary Shares
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.03%
Tags
offering
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News
Innoviz Reports Second-Quarter 2023 Results and Increases 2023 Financial Targets Following Continued Commercial Momentum
Rhea-AI Summary
Innoviz Technologies Ltd. announced its expanded relationship with BMW Group and provided commercial and strategic updates. The company achieved Start of Production (SOP) with its first generation BMW Group program and shipped the first component shipments in July 2023. Innoviz also announced an important expansion in its relationship with BMW Group, developing B-samples for an enhanced solution portfolio. The company reported revenues of $1.5 million in Q2 2023, up 45% compared to Q1 2023. Innoviz raised its 2023 financial targets, with expected revenues in the range of $15-20 million and total new NRE bookings in the range of $20-70 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
earnings
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News
Innoviz Technologies to Develop B-Samples of New LiDAR Platform for Next Generation of BMW Automated Vehicles
Rhea-AI Summary
Innoviz Technologies (NASDAQ: INVZ) and the BMW Group are collaborating to develop a new generation of LiDAR for Level 3 automated driving capabilities. The B-Sample development phase includes the InnovizTwo second Generation LiDAR, InnovizCore compute box, and advanced AI-powered software solutions. This collaboration aims to bring advanced automated capabilities to a broader range of BMW vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.99%
Tags
none
News
Innoviz Sets Second Quarter 2023 Conference Call for Wednesday, August 2 at 9:00 a.m. ET
Rhea-AI Summary
Innoviz Technologies will release its earnings results for Q2 2023 on August 2, 2023. A conference call and webinar will be held to discuss operational and financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.52%
Tags
earnings
Stock INVZ logo
Innoviz Technologies Ltd.

Nasdaq:INVZ

INVZ Rankings

#3792 Ranked by Market Cap
#5195 Ranked by Stock Gains
N/A Ranked by Dividends

INVZ Stock Data

202.32M
152.05M
2.05%
42.28%
7.8%
Motor Vehicle Body Manufacturing
Manufacturing
Link
United States of America
Rosh Haayin

About INVZ

enabling the autonomous car revolution innoviz is a leading provider of cutting-edge lidar remote sensing solutions to enable the mass commercialization of autonomous vehicles. the company’s lidar products, innovizone™ and innovizpro™, offer solid-state design that uses proprietary technology to deliver superior performance at the cost and size required for mass market adoption. headquartered in israel, the company was founded in january 2016 by former members of the elite technological unit of the israeli defense forces with renowned expertise in the fields of electro-optics, computer vision, mems design and signal processing. innoviz is backed by strategic partners and top-tier investors throughout the world. for more information, visit www.innoviz.tech.