InnovAge Holding Corp. (INNV)
NASDAQ: INNV · Real-Time Price · USD
5.80
+0.07 (1.22%)
Oct 24, 2024, 4:00 PM EDT - Market closed
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 12.07% from the current stock price of 5.80.
Analyst Consensus: Hold
* Price targets were last updated on Mar 13, 2024.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +3.45% | Mar 13, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +20.69% | Feb 8, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +55.17% | Feb 15, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $5 → $8 | Hold | Maintains | $5 → $8 | +37.93% | Feb 8, 2023 |
Financial Forecast
Revenue This Year
878.86M
from 763.86M
Increased by 15.06%
Revenue Next Year
967.14M
from 878.86M
Increased by 10.04%
EPS This Year
0.03
from -0.16
EPS Next Year
0.17
from 0.03
Increased by 398.96%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 965.8M | 1.1B | 1.1B |
| Avg | 878.9M | 967.1M | 1.0B |
| Low | 823.2M | 900.8M | 980.5M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 26.4% | 19.6% | 14.4% |
| Avg | 15.1% | 10.0% | 8.4% |
| Low | 7.8% | 2.5% | 1.4% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 0.07 | 0.22 |
| Avg | 0.03 | 0.17 |
| Low | 0.01 | 0.09 |
EPS Growth
| EPS Growth | 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.