Innoviva, Inc. (INVA)
NASDAQ: INVA · IEX Real-Time Price · USD
14.62
+0.14 (0.97%)
Apr 18, 2024, 12:50 PM EDT - Market open
Innoviva Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Innoviva stock has a target of 22.5, which predicts an increase of 53.90% from the current stock price of 14.62.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 10, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Innoviva is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +53.90% | May 10, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +53.90% | Apr 20, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | -11.08% | Mar 3, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $13 → $10 | Sell | Maintains | $13 → $10 | -31.60% | Mar 3, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +53.90% | Mar 3, 2023 |
Financial Forecast
Revenue This Year
306.75M
from 310.46M
Decreased by -1.20%
Revenue Next Year
340.43M
from 306.75M
Increased by 10.98%
EPS This Year
0.83
from 2.20
Decreased by -62.45%
EPS Next Year
1.00
from 0.83
Increased by 20.99%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 315.8M | 350.4M | 377.2M |
| Avg | 306.8M | 340.4M | 366.4M |
| Low | 294.7M | 327.1M | 352.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.7% | 14.2% | 10.8% |
| Avg | -1.2% | 11.0% | 7.6% |
| Low | -5.1% | 6.6% | 3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.85 | 1.03 | 1.09 |
| Avg | 0.83 | 1.00 | 1.06 |
| Low | 0.79 | 0.96 | 1.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -61.3% | 24.5% | 9.2% |
| Avg | -62.4% | 21.0% | 6.1% |
| Low | -63.9% | 16.2% | 2.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.