InnovAge Holding Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for InnovAge Holding stock have an average target of 6.00, with a low estimate of 5.00 and a high estimate of 7.00. The average target predicts an increase of 43.20% from the current stock price of 4.19.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$5.00	$6.00	$7.00	$7.00
Change	+19.33%	+43.20%	+67.06%	+67.06%

Analyst Ratings

The average analyst rating for INNV stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	3	3	2
Sell	0	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	2	2	2	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Lisa Gill JP Morgan	JP Morgan	Hold → Sell Downgrades $5	Hold → Sell	Downgrades	$5	+19.33%	Dec 17, 2024
Matthew Gillmor Keybanc	Keybanc	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Oct 11, 2024
Lisa Gill JP Morgan	JP Morgan	Hold Maintains $7 → $6	Hold	Maintains	$7 → $6	+43.20%	Mar 13, 2024
Jamie Perse Goldman Sachs	Goldman Sachs	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	+67.06%	Feb 8, 2024
Jamie Perse Goldman Sachs	Goldman Sachs	Hold Maintains $8 → $9	Hold	Maintains	$8 → $9	+114.80%	Feb 15, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

865.71M

from 763.86M

13.33%

from 763.86M

Revenue Next Year

954.30M

from 865.71M

10.23%

from 865.71M

EPS This Year

-0.07

from -0.16

EPS Next Year

0.07

from -0.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2020	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026	Jun 30, 2027
Revenue	567.19M	637.80M	698.64M	688.09M	763.86M	865.71M	954.30M	1.08B
Revenue Growth	21.81%	12.45%	9.54%	-1.51%	11.01%	13.33%	10.23%	13.07%
EPS	0.19	-0.36	-0.05	-0.30	-0.16	-0.07	0.07	0.21
EPS Growth	28.41%	-	-	-	-	-	-	215.38%
Forward PE	-	-	-	-	-	-	63.20	20.04
No. Analysts	-	-	-	-	-	6	6	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	898.7M	1.0B	1.1B
Avg	865.7M	954.3M	1.1B
Low	828.1M	905.7M	1.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	17.7%	16.7%	19.1%
Avg	13.3%	10.2%	13.1%
Low	8.4%	4.6%	6.0%

EPS Forecast

EPS	2025	2026	2027
High	-0.05	0.12	0.28
Avg	-0.07	0.07	0.21
Low	-0.08	0.04	0.14

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	327.6%
Avg	-	-	215.4%
Low	-	-	106.9%

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.