Innoviz Technologies Ltd (INVZ)

[WeTheMarket]

Innoviz: Likely To Be The LiDAR Leader Of The Future
Sep. 27, 2022
https://seekingalpha.com/article/4543308-innoviz-likely-lidar-leader-future

Summary
- Innoviz has proven itself to be a leader in the LiDAR space as it becomes a tier 1 supplier for the second largest car manufacturer in the world.
- The Volkswagen win demonstrates Innoviz's strong value proposition with its higher performance and lower cost, especially for its new InnovizTwo.
- The company's pipeline remains robust with 12 RFIs and RFQs and 2 to 3 expected to make a decision by the end of the year.
- My 1-year target price of $8.95, implying 85% upside from current levels.