The Latest Breaking News from Innoviz

The autonomous vehicle race is heating up as TSLA preps for its Robotaxi launch in Austin. Learn the key players in the AV race, and see which price points are in play for Tesla stock right now.

Innoviz stock is taking advantage of the self-driving hype Tesla has created with its upcoming launch of robotaxi services. INVZ shares are rallying also because of two big deals.

Innoviz Technologies Ltd (NASDAQ:INVZ) has signed a strategic partnership agreement with LiDAR system supplier LiangDao Intelligence. The partnership aims to accelerate the introduction of series production solutions of high-resolution LiDAR for the Chinese market based on InnovizTwo. The parties will work together to build a complete LiDAR hardware assembly line and supply chain system…

Innoviz Technologies (NASDAQ:INVZ) reported FY21 revenue of $5.5 million compared to $(9.4) million in 2020. InnovizOne-related revenues in 2021 were $4.3 million, increasing 28% Y/Y.  EPS loss of $(1.54) versus $(5.99) a year ago. Innoviz held $304 million in cash and equivalents and used $84.4 million in operating cash flow. "We reached a…

Today I'll analyze Luminar Technologies (LAZR) and Innoviz Technologies (INVZ) to determine which lidar stock is currently the better buy.

The accelerating growth in the global lidar industry is driven primarily by increasing demand for advanced sensor technologies in the aerospace, automotive, healthcare, and construction industries. Thus, Wall Street analysts are betting on lidar stocks Luminar (LIDR), Ouster (OUST, Innoviz (INVZ), and AEye (LIDR) to generate continued growth in the…