Innoviz Technologies .(US:INVZ) ZACKS·2025-08-13 13:11Core Insights - Innoviz Technologies Ltd. reported a quarterly loss of $0.09 per share, slightly worse than the Zacks Consensus Estimate of a loss of $0.08, but an improvement from a loss of $0.13 per share a year ago [1] - The company posted revenues of $9.75 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 19.38%, compared to revenues of $6.66 million in the same quarter last year [2] - The stock has gained approximately 8.3% since the beginning of the year, underperforming the S&P 500's gain of 9.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.08 on revenues of $13.79 million, and for the current fiscal year, it is -$0.27 on revenues of $59.63 million [7] - The estimate revisions trend for Innoviz Technologies was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Automotive - Original Equipment industry, to which Innoviz Technologies belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]