InnovAge Holding Corp. (INNV)
NASDAQ: INNV · Real-Time Price · USD
3.320
-0.030 (-0.90%)
Feb 21, 2025, 4:00 PM EST - Market closed

InnovAge Holding Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for InnovAge Holding stock has a target of 5.00, which predicts an increase of 50.60% from the current stock price of 3.32.

Analyst Consensus: Sell
Target Low Average Median High
Price $5.00 $5.00 $5.00 $5.00
Change +50.60% +50.60% +50.60% +50.60%
* Price targets were last updated on Dec 17, 2024.

Analyst Ratings

The average analyst rating for InnovAge Holding stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating Sep '24Oct '24Nov '24Dec '24Jan '25Feb '25
Strong Buy 000000
Buy 000000
Hold 233221
Sell 000111
Strong Sell 000000
Total 233332

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Sell
Downgrades
$5
Sell Downgrades $5 +50.60% Dec 17, 2024
Keybanc
Keybanc
Hold
Initiates
n/a
Hold Initiates n/a n/a Oct 11, 2024
JP Morgan
JP Morgan
Hold
Maintains
$7$6
Hold Maintains $7$6 +80.72% Mar 13, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$8$7
Hold Maintains $8$7 +110.84% Feb 8, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$8$9
Hold Maintains $8$9 +171.08% Feb 15, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
864.73M
from 763.86M
Increased by 13.21%
Revenue Next Year
953.73M
from 864.73M
Increased by 10.29%
EPS This Year
-0.10
from -0.16
EPS Next Year
0.07
from -0.10
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
567.19M637.80M698.64M688.09M763.86M864.73M953.73M1.07B
Revenue Growth
21.81%12.45%9.54%-1.51%11.01%13.21%10.29%12.40%
EPS
0.19-0.36-0.05-0.30-0.16-0.100.070.21
EPS Growth
28.41%------215.38%
Forward PE
------50.0815.88
No. Analysts -----664
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 900.9M 1.0B 1.1B
Avg 864.7M 953.7M 1.1B
Low 825.2M 896.7M 994.7M

Revenue Growth

Revenue Growth 202520262027
High
17.9%
17.7%
19.6%
Avg
13.2%
10.3%
12.4%
Low
8.0%
3.7%
4.3%

EPS Forecast

EPS 202520262027
High -0.05 0.12 0.28
Avg -0.10 0.07 0.21
Low -0.17 0.02 0.14

EPS Growth

EPS Growth 202520262027
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.