InnovAge Holding Corp. (INNV)
NASDAQ: INNV · IEX Real-Time Price · USD
6.07
+0.11 (1.85%)
At close: Jul 19, 2024, 4:00 PM
6.03
-0.04 (-0.66%)
Pre-market: Jul 20, 2024, 9:28 AM EDT
InnovAge Holding Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for InnovAge Holding stock have an average target of 6.50, with a low estimate of 6.00 and a high estimate of 7.00. The average target predicts an increase of 7.08% from the current stock price of 6.07.
Analyst Consensus: Hold
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for INNV stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | -1.15% | Mar 13, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +15.32% | Feb 8, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +48.27% | Feb 15, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $5 → $8 | Hold | Maintains | $5 → $8 | +31.80% | Feb 8, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $6 → $8 | Hold | Maintains | $6 → $8 | +31.80% | Nov 23, 2022 |
Financial Forecast
Revenue This Year
771.20M
from 688.09M
Increased by 12.08%
Revenue Next Year
866.72M
from 771.20M
Increased by 12.39%
EPS This Year
-0.18
from -0.30
EPS Next Year
0.03
from -0.18
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 796.6M | 910.8M | 1.0B |
| Avg | 771.2M | 866.7M | 977.5M |
| Low | 738.6M | 824.0M | 926.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.8% | 18.1% | 19.8% |
| Avg | 12.1% | 12.4% | 12.8% |
| Low | 7.3% | 6.9% | 6.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.17 | 0.07 | 0.22 |
| Avg | -0.18 | 0.03 | 0.17 |
| Low | -0.20 | 0.01 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 554.3% |
| Avg | - | - | 399.0% |
| Low | - | - | 156.8% |
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.