A Look at Innoviz Technologies (NasdaqCM:INVZ) Valuation Following Major Automotive Deals and New LiDAR Launch

Innoviz Technologies (NasdaqCM:INVZ) is drawing investor attention after securing key development deals with a top passenger car maker and a major Class-8 truck manufacturer. The company has also launched its InnovizSMART long-range LiDAR solution and earned new lab accreditation.

See our latest analysis for Innoviz Technologies.

Innoviz Technologies’ big wins with major automakers and new product launches have clearly energized investors. The company’s 205.8% total shareholder return over the past year points to surging optimism, even though the share price is still well below its longer-term highs. Recent momentum in the stock’s 30- and 90-day share price returns shows that market sentiment is building as the business expands its reach in the LiDAR space.

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With shares still trading below past highs despite recent momentum, the big question for investors is whether Innoviz remains undervalued given its rapid growth, or if the market has already priced in future gains.

Most Popular Narrative: 20% Undervalued

With the most popular narrative setting a fair value of $2.90 compared to a last close of $2.32, there is a meaningful gap between Innoviz Technologies’ current market price and analyst expectations. This signals that further upside could be unlocked if the narrative’s projections are realized.

Acceleration of autonomous vehicles and robotaxi fleets, highlighted by Innoviz's agreements with top-5 global automotive OEMs and key players like Mobileye and Volkswagen, is expected to grow demand for Innoviz's LiDAR solutions. This supports material increases in future revenue and improved revenue visibility.

Read the complete narrative.

Want to peek behind the curtain of this forecast? The calculation behind that bullish price target draws on a combination of bold growth estimates and future profitability rarely seen among small-cap vision tech companies. Ready to be surprised by the core financial metric that may shape Innoviz’s next chapter? Dive deeper and see what powers this narrative’s fair value projection.

Result: Fair Value of $2.90 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, sustained profitability depends on overcoming unpredictable revenue from development contracts as well as competition from emerging sensor technologies, both of which could hinder long-term gains.

Find out about the key risks to this Innoviz Technologies narrative.

Build Your Own Innoviz Technologies Narrative

If you see things differently or want to dig deeper on your own, it takes just a few minutes to craft your own perspective using the available data, so Do it your way.

A great starting point for your Innoviz Technologies research is our analysis highlighting 2 key rewards and 3 important warning signs that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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