Largest borrow rate increases among liquid names » 08:4506/0906/09/21
LMNL, INVZ, BLDE, YALA, UVXY, ITP, BTCM, MUDS, MVIS, HIMX
Latest data shows the…
Latest data shows the largest indicative borrow rate increases among liquid option names include: Liminal BioSciences (LMNL) 59.72% +3.53, Innoviz Technologies (INVZ) 114.24% +1.96, Blade Air Mobility (BLDE) 8.17% +1.49, Yalla Group Limited (YALA) 38.59% +0.72, ProShares Ultra VIX Short Term Futures (UVXY) 2.53% +0.66, IT Tech Packaging (ITP) 13.98% +0.63, BIT Mining Ltd (BTCM) 101.64% +0.46, Mudrick Capital Acquisition Corp II (MUDS) 1.76% +0.44, Microvision (MVIS) 16.93% +0.41, and Himax (HIMX) 1.53% +0.35.
Innoviz Technologies and Cron AI announce new partnership » 08:2006/0806/08/21
Adaptive 3D edge…
Adaptive 3D edge perception platform company Cron AI and Innoviz Technologies announced a new partnership to deliver an enhanced deep learning enabled perception solution for 3D point cloud data on the sensing edge. The collaboration between Innoviz and Cron AI will accelerate the adoption of the InnovizOne LIDAR sensor and Cron AI's senseEDGE platform into the intelligent transport systems, V2X and smart city markets.
|Over a week ago|
Innoviz Technologies initiated with a Buy at Berenberg » 06:2405/2505/25/21
Berenberg analyst Michael…
Berenberg analyst Michael Filatov initiated coverage of Innoviz Technologies with a Buy rating and $13 price target.
Innoviz Technologies initiated with an Overweight at Cantor Fitzgerald » 07:0305/1905/19/21
Cantor Fitzgerald analyst…
Cantor Fitzgerald analyst Josh Cohen initiated coverage of Innoviz Technologies with an Overweight rating and $14 price target. Innoviz has secured an impressive list of partnerships with Tier-1 auto suppliers, and two large design wins, which validate its technologies and point toward meaningful commercialization of its products, Cohen tells investors in a research note.
Innoviz Technologies initiated with an Overweight at Cantor Fitzgerald » 06:2505/1905/19/21
Cantor Fitzgerald analyst…
Cantor Fitzgerald analyst Josh Cohen initiated coverage of Innoviz Technologies with an Overweight rating and $14 price target.
Innoviz Technologies announces partnership with SensaVision » 07:1005/1805/18/21
Innoviz Technologies and…
Innoviz Technologies and Sensagrate announced a partnership to integrate InnovizOne LiDAR sensors with SensaVision, Sensagrate's computer vision software. The addition of InnovizOne to the SensaVision suite will enable a variety of applications that improve pedestrian and automobile safety, preventing near-miss collisions at intersections, collecting unique data for root cause analysis of pedestrian related incidents through intelligent data collection and predictive analytics. LiDAR-based intelligent traffic decisions will improve traffic flow and reduce traffic congestion, leading to a decrease in fatalities and emissions
|Over a month ago|
Innoviz Technologies selected as LiDAR provider for automotive supplier » 06:4905/1205/12/21
Innoviz Technologies was…
Innoviz Technologies was selected by a Tier-1 automotive supplier as the LiDAR provider for its multi-year autonomous shuttle program. Innoviz will provide its InnovizOne solid-state LiDAR units to the company for use on its shuttles, which are expected to become operational by the end of 2022 and change the face of transportation. The shuttles are expected to achieve level 4 autonomy, enable fully automated driving and be used to transport both passengers and cargo in various geo-fenced settings. The agreement is expected to generate hundreds of millions in revenue throughout the life of the program. The new design win followed a stringent two-and-a-half-year due diligence process conducted by the Tier-1 automotive supplier. As part of the selection process, the supplier completed a thorough review of Innoviz's product reliability, manufacturing processes and maturity, automotive qualifications, corporate processes certifications and more.
Innoviz Technologies to cooperate with South Korean provider Vueron Technology » 07:1105/0305/03/21
Innoviz Technologies and…
Innoviz Technologies and Vueron Technology, a leading South Korean provider of LiDAR perception software and autonomous driving technology, will cooperate in building an autonomous driving platform for LiDAR-only self-driving vehicles. Vueron received one of the few self-driving permits issued by the South Korean government in January of this year.
Innoviz Technologies call volume above normal and directionally bullish » 15:4504/2804/28/21
Bullish option flow…
Bullish option flow detected in Innoviz Technologies with 4,530 calls trading, 1.0x expected, and implied vol increasing almost 4 points to 81.77%. Jun-21 10 calls and Jun-21 12.5 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.19.
Innoviz Technologies initiated with a Neutral at Goldman Sachs » 19:4904/1804/18/21
Goldman Sachs analyst…
Goldman Sachs analyst Mark Delaney initiated coverage of Innoviz Technologies (INVZ) with a Neutral rating and $11 price target. The analyst says that while his 2021 and 2022 estimates are about in line with the company's guidance, he sees the potential for lower revenue and margins in 2023 through 2025. Competition from both from non-lidar solutions and other lidar companies could limit growth, Delaney tells investors in a research note. His "base case" revenue multiple for Innoviz is lower than Velodyne Lidar (VLDR) given that Velodyne "is already generating material revenue." However, Delaney considers Innoviz to be in the group of industry leaders technically and that it has the potential to generate "enough business momentum to trade materially higher in a bull case and thus merits a similar bull case multiple."