12 Best EV Stocks to Buy For Long Term Investment

7. Innoviz Technologies Ltd. (NASDAQ:INVZ)

On April 13, 2026, Goldman Sachs analyst Mark Delaney lowered the price target on Innoviz Technologies Ltd. (NASDAQ:INVZ) to $0.75 from $1.25 previously and maintained a Neutral rating on the shares. Mark Delaney said auto OEMs and suppliers are expected to report in-line to softer results this quarter, reflecting rising input costs and weak Q1 auto sales in China, while noting that industrial technology companies may see stronger performance supported by improving industrial trends and continued demand from data centers.

Last month, Innoviz Technologies Ltd. (NASDAQ:INVZ) announced a strategic collaboration with Dataspeed to distribute and integrate its InnovizSMART LiDAR sensors into Dataspeed’s drive-by-wire vehicle platforms. The systems are designed for autonomous applications across defense, agriculture, mining, automotive, and other off-highway sectors in North America. Dataspeed’s platforms are deployed in challenging environments such as deserts, forests, and open-pit mines, where sensors are exposed to mud, dust, condensation, and debris. InnovizSMART is designed to address these conditions by maintaining performance despite optical blockages, enabling continuous high-resolution, long-range 3D data for perception systems.

Innoviz Technologies Ltd. (NASDAQ:INVZ) develops LiDAR sensors and perception software for autonomous driving applications.