Why recent LiDAR partnerships matter for Innoviz Technologies (NasdaqCM:INVZ) Recent announcements around InnovizTwo evaluations set the stage for Innoviz Technologies (NasdaqCM:INVZ), including an on-sensor perception software agreement and a separate letter of intent with LOXO for L4 autonomous delivery vehicles. See our latest analysis for Innoviz Technologies. These new LiDAR evaluation agreements come as momentum has picked up in the short term, with 1 day, 7 day and 30 day share price returns of 16.6%, 22.0% and 33.8% respectively. However, the 1 year total shareholder return is still down 3.5%. If the recent LiDAR news has you thinking about where autonomous and AI related hardware could head next, it might be worth scanning 39 AI infrastructure stocks With the stock still down over 3% on a 1 year view despite recent gains and trading below the average analyst price target, should you view Innoviz as undervalued today, or assume the market is already pricing in potential future growth? Most Popular Narrative: 55% Undervalued At a last close of $0.92 versus a narrative fair value of $2.03, the most followed view sees a substantial gap between price and long term potential. Expansion into nonautomotive markets, such as smart infrastructure, security, robotics, and traffic management, is driving incremental growth, with recently launched products like InnovizSMART already gaining early traction and commanding higher ASPs and margins, thereby improving long term gross margins and revenue diversification. Read the complete narrative. Curious how fast revenue is assumed to ramp, how margins are expected to shift, and which future earnings multiple underpins that $2.03 figure? The full narrative lays out a detailed growth path, a profitability timeline, and an earnings valuation framework built from explicit revenue, margin and discount rate assumptions. Result: Fair Value of $2.03 (UNDERVALUED) Have a read of the narrative in full and