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Tap here. – Strategic entry into the defense and homeland security markets targets high-margin, premium-priced opportunities where traditional radar and camera systems face limitations in drone detection and all-weather surveillance. – Revenue of $7.1 million in Q1 was impacted by the shifting of certain NRE milestones into future quarters, primarily due to OEM requests for additional content and accelerated activity timelines. – Achieved record unit shipments in Q1, representing approximately half of the total volume shipped in all of 2025, driven by the successful production ramp at Fabrinet. – The non-automotive ‘Physical AI’ segment is expected to grow from 1% of 2025 revenue to up to 10% in 2026, reflecting urgent demand for LiDAR in security and autonomous delivery applications. – Strategic positioning for future automotive programs centers on the Innoviz3, which features a smaller form factor and integrated color imaging to meet OEM requirements for behind-the-windshield installation. – Management attributes long-term growth potential to the transition from NRE-heavy revenue (70% in 2025) toward higher-margin LiDAR series production as existing programs reach SOP. 2026 Outlook and Strategic Assumptions – Reiterated full-year 2026 revenue guidance of $67 to $73 million, assuming the recovery of delayed NRE payments and continued acceleration of unit shipments in the second half of the year. – Guidance assumes the addition of 2 to 3 new programs in 2026, supported by active participation in multiple RFQs with decisions expected in the second half of the year. – Anticipates significant gross margin improvement later in 2026 as higher production volumes lead to better absorption of fixed costs at the Fabrinet facility. – Expects to secure $20 to $30 million in new NRE payment…