Innoviva, Inc. (INVA)

NASDAQ: INVA · Real-Time Price · USD
22.49
-0.15 (-0.66%)
At close: Jun 18, 2026, 4:00 PM EDT
22.30
-0.19 (-0.84%)
After-hours: Jun 18, 2026, 4:51 PM EDT
Market Cap1.66B +26.6%
Revenue (ttm)420.69M +13.7%
Net Income504.34M
EPS5.69
Shares Out 73.81M
PE Ratio3.95
Forward PE11.13
Dividendn/a
Ex-Dividend Daten/a
Volume1,403,827
Open22.95
Previous Close22.64
Day's Range22.22 - 23.00
52-Week Range16.52 - 25.15
Beta0.35
AnalystsBuy
Price Target35.50 (+57.85%)
Earnings DateAug 5, 2026

About INVA

Innoviva, Inc. operates as a biopharmaceutical company in the United States and internationally. Its royalty portfolio includes RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol, and an inhaled corticosteroid, and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist, umeclidinium bromide, and ABA, VI. The company also markets GIAPREZA for increasing blood pressure in adults with septic or other distributive shock; XACDURO, a co-packaged for intravenous use ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Oct 5, 2004
Employees 159
Stock Exchange NASDAQ
Ticker Symbol INVA
Full Company Profile

Financial Performance

In 2025, Innoviva's revenue was $411.33 million, an increase of 14.67% compared to the previous year's $358.71 million. Earnings were $271.17 million, an increase of 1059.22%.

Financial Statements

Analyst Summary

According to 4 analysts, the average rating for INVA stock is "Buy." The 12-month stock price target is $35.5, which is an increase of 57.85% from the latest price.

Price Target
$35.5
(57.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Innoviva’s Nortiva Bio launches to develop long-acting oral medicines

Nortiva Bio “announced its launch as a clinical-stage biopharmaceutical company dedicated to developing long-acting oral medicines using its proprietary LYNX(TM) drug delivery platform. Nortiva’s LYNX...

2 days ago - TheFly

Nortiva Bio Launches to Develop Long-Acting Oral Medicines

LEXINGTON, Mass.--(BUSINESS WIRE)--Nortiva Bio, Inc. (“Nortiva”) today announced its launch as a clinical-stage biopharmaceutical company dedicated to developing long-acting oral medicines using its p...

2 days ago - Business Wire

Innoviva announces distribution, licensing agreement with Dr. Reddy’s

Innoviva Specialty Therapeutics, a subsidiary of Innoviva (INVA), announced that it has entered into an exclusive distribution and licensing agreement with Dr. Reddy’s Laboratories (RDY) for the devel...

Other symbols: RDY
4 days ago - TheFly

Innoviva Specialty Therapeutics Announces Distribution and Licensing Agreement with Dr. Reddy's for XACDURO® in Select International Markets

WALTHAM, Mass.--(BUSINESS WIRE)--Innoviva Specialty Therapeutics, a subsidiary of Innoviva, Inc. (Nasdaq: INVA), today announced that it has entered into an exclusive distribution and licensing agreem...

4 days ago - Business Wire

Innoviva Transcript: Goldman Sachs 47th Annual Global Healthcare Conference 2026

The business operates on three pillars: durable royalties, a rapidly growing specialty therapeutics platform, and a portfolio of high-potential healthcare assets. IST is driving strong growth with key products and new launches, while strategic investments and disciplined capital allocation support long-term value creation.

12 days ago - Transcripts

Innoviva to Participate in Upcoming Investor Conferences

BURLINGAME, Calif.--(BUSINESS WIRE)--Innoviva, Inc. (NASDAQ: INVA) (“Innoviva” or the “Company”), a diversified biopharmaceutical company with a core royalties portfolio, a leading critical care and i...

19 days ago - Business Wire

Innoviva management to meet with BTIG

Biotech Analyst Harrison holds a Meeting with Management in San Francisco on May 18 hosted by BTIG.

5 weeks ago - TheFly

Innoviva management to meet with BTIG

Biotech Analyst Harrison holds a Meeting with Management in Texas on May 20 hosted by BTIG.

5 weeks ago - TheFly

Innoviva price target raised to $42 from $35 at BTIG

BTIG raised the firm’s price target on Innoviva (INVA) to $42 from $35 and keeps a Buy rating on the shares after its Q1 results. Royalty revenue from Breo and…

6 weeks ago - TheFly

Innoviva reports Q1 EPS $2.22 vs (74c) last year

Reports Q1 revenue $98M, consensus $101.56M. “We delivered a strong start to 2026, driven by the resilience of our royalty portfolio, continued excellent commercial progress at IST, and meaningful val...

6 weeks ago - TheFly

Innoviva Reports First Quarter 2026 Financial Results; Highlights Recent Company Progress

BURLINGAME, Calif.--(BUSINESS WIRE)--Innoviva, Inc. (NASDAQ: INVA) (“Innoviva” or the “Company”), a diversified biopharmaceutical company with a core royalties portfolio, a leading critical care and i...

6 weeks ago - Business Wire

Innoviva Earnings release: Q1 2026

Innoviva released its Q1 2026 earnings on May 6, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Innoviva Quarterly report: Q1 2026

Innoviva has published its Q1 2026 quarterly earnings report on May 6, 2026.

6 weeks ago - Filings

Innoviva Proxy statement: Proxy filing

Innoviva filed a proxy statement on March 24, 2026, providing details for shareholder voting and corporate governance matters.

3 months ago - Filings

Innoviva Specialty Therapeutics Earns Strong Performance Rating in Access to Medicine Foundation's 2026 Antimicrobial Resistance Benchmark Report

WALTHAM, Mass.--(BUSINESS WIRE)--Innoviva Specialty Therapeutics, a subsidiary of Innoviva Inc., today announced that its infectious disease therapeutic portfolio earned a strong performance rating of...

3 months ago - Business Wire

3 Small-Cap ‘Strong Buy’ Stocks with Big Upside in 2026, According to Analysts

Small-cap stocks often go unnoticed, but a few are grabbing Wall Street’s attention. Analysts are highlighting Diversified Energy Company ($DEC), Atricure ($ATRC), and Innoviva ($INVA) as companies wi...

Other symbols: ATRCDEC
3 months ago - TipRanks

Innoviva Transcript: Oppenheimer 36th Annual Healthcare Life Sciences Conference

Innoviva highlighted robust growth across its royalty, specialty therapeutics, and strategic healthcare asset segments, with strong cash flow and multiple catalysts expected in 2026. Key products like GIAPREZA, XACDURO, ZEVTERA, and NUZOLVENCE are driving sales, while Armata and other assets offer significant upside.

4 months ago - Transcripts

Innoviva price target raised to $32 from $31 at Cantor Fitzgerald

Cantor Fitzgerald analyst Steve Seedhouse raised the firm’s price target on Innoviva (INVA) to $32 from $31 and keeps an Overweight rating on the shares. Q4 revenue of $114.6M exceeded…

4 months ago - TheFly

Innoviva reports Q4 EPS $1.94 vs. 26c last year

Reports Q4 revenue $114.6M, consensus $102.6M. The company said, “2025 marked an excellent year for Innoviva (INVA), demonstrating strength across all areas of our business, with 15% revenue growth to...

4 months ago - TheFly

Innoviva Reports Fourth Quarter and Full Year 2025 Financial Results; Highlights Recent Company Progress

BURLINGAME, Calif.--(BUSINESS WIRE)--Innoviva, Inc. (NASDAQ: INVA) (“Innoviva” or the “Company”), a diversified biopharmaceutical company with a core royalties portfolio, a leading critical care and i...

4 months ago - Business Wire

Innoviva Earnings release: Q4 2025

Innoviva released its Q4 2025 earnings on February 25, 2026, summarizing the period's financial results.

4 months ago - Filings

Innoviva Annual report: Q4 2025

Innoviva has published its Q4 2025 annual report on February 25, 2026.

4 months ago - Filings

Innoviva to Participate in the Oppenheimer 36th Annual Healthcare Life Sciences Conference

BURLINGAME, Calif.--(BUSINESS WIRE)--Innoviva, Inc. (NASDAQ: INVA) (“Innoviva” or the “Company”), a diversified holding company with a core royalties portfolio, a leading critical care and infectious ...

4 months ago - Business Wire

Innoviva initiated with a Buy at BTIG

BTIG initiated coverage of Innoviva (INVA) with a Buy rating and $35 price target Innoviva is positioned to capture more than $1.2B in royalties through 2030 from two COPD/asthma inhaled…

4 months ago - TheFly

Innoviva price target raised to $46 from $45 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on Innoviva (INVA) to $46 from $45 and keeps a Buy rating on the shares. The firm says zoliflodacin was approved on schedule.

6 months ago - TheFly