InnovAge Holding Corp. (INNV)

InnovAge Holding Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for InnovAge Holding stock have an average target of $7.00, which predicts a -21.08% decrease from the current stock price of 8.87.

Price Target: $7.00 (-21.08%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.00	$7.00	$7.00	$7.00
Change	-21.08%	-21.08%	-21.08%	-21.08%

* Price targets were last updated on Feb 23, 2026.

Analyst Ratings

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

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jared Haase William Blair	William Blair	Hold Maintains n/a	Hold	Maintains	n/a	n/a	May 6, 2026
Matthew Gillmor CFA KeyBanc	KeyBanc	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Mar 6, 2026
Benjamin Rossi J.P. Morgan	J.P. Morgan	Sell Maintains $5 → $7	Sell	Maintains	$5 → $7	-21.08%	Feb 23, 2026

Financial Forecast

Revenue This Year

966.07M

Increased by 13.16%

from 853.70M

Revenue Next Year

1.03B

Increased by 7.00%

from 966.07M

EPS This Year

0.36

Increased by 461.62%

from 0.06

EPS Next Year

0.38

Increased by 5.56%

from 0.36

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Jun 30, 2021	Jun 30, 2022	Jun 30, 2023	Jun 30, 2024	Jun 30, 2025	Jun 30, 2026
Revenue	637.80M	698.64M	688.09M	763.86M	853.70M	966.07M
Revenue Growth	12.45%	9.54%	-1.51%	11.01%	11.76%	13.16%
Gross Profit	483.40M	518.42M	475.82M	535.07M	584.79M	217.36M
Gross Margin	75.79%	74.20%	69.15%	70.05%	68.50%	22.50%
Operating Income	65.72M	-283.00K	-49.40M	-23.18M	-6.05M	25.97M
Net Income	-43.99M	-6.52M	-40.67M	-21.34M	-30.31M	-1.24M
EPS	-	-	-	-	0.06	0.36
EPS Growth	-	-	-	-	-	461.62%
Forward PE	76.11	38.66	-	-	-	24.64
Free Cash Flow	75.50M	-3.51M	16.56M	-39.83M	40.50M	19.00M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	974.5M
Avg	966.1M
Low	961.6M

Revenue Growth

Revenue Growth	2026	2027	2028
High	14.2%
Avg	13.2%
Low	12.6%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	0.36
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	461.6%
Low	-

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: May 6, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Last checked:

Jun 6, 2026

Data Sources Report a data error