Why These 15 Automotive Stocks Have Been Plunging In 2025

Page 13 of 14

2. Innoviz Technologies Ltd (NASDAQ:INVZ)

Number of Hedge Fund Holders In Q4 2024: 11

Innoviz Technologies Ltd (NASDAQ:INVZ) makes automotive-grade LiDAR sensors and perception software.

The stock is down significantly so far in 2025 as there have been financial pressures and dilutive fundraising by the company.

Innoviz announced a $40 million registered direct offering and sold 28.8 million units at $1.39 per unit, each including a share and 0.8 warrants exercisable at $1.69. This led to a stock decline of over 20% due to concerns about shareholder dilution.

The consensus price target of $3.19 implies 394.43% upside.

INVZ stock is down 61.21% year-to-date.

Page 13 of 14