InnovAge Holding Corp. (INNV)
NASDAQ: INNV · IEX Real-Time Price · USD
5.98
+0.08 (1.36%)
Jul 17, 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 8.70% from the current stock price of 5.98.

Analyst Consensus: Hold
Target Low Average Median High
Price $6.00 $6.50 $7.00 $7.00
Change +0.33% +8.70% +17.06% +17.06%
* 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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000000
Buy 000000
Hold 222222
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$7$6
Hold Maintains $7$6 +0.33% Mar 13, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$8$7
Hold Maintains $8$7 +17.06% Feb 8, 2024
Goldman Sachs
Goldman Sachs
Hold
Maintains
$8$9
Hold Maintains $8$9 +50.50% Feb 15, 2023
JP Morgan
JP Morgan
Hold
Maintains
$5$8
Hold Maintains $5$8 +33.78% Feb 8, 2023
Goldman Sachs
Goldman Sachs
Hold
Maintains
$6$8
Hold Maintains $6$8 +33.78% Nov 23, 2022
More Analyst Ratings

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
Year 20192020202120222023202420252026
Revenue
465.63M567.19M637.80M698.64M688.09M771.20M866.72M977.48M
Revenue Growth
-21.81%12.45%9.54%-1.51%12.08%12.39%12.78%
EPS
0.150.19-0.36-0.05-0.30-0.180.030.17
EPS Growth
-26.67%-----398.96%
Forward PE
------174.1234.90
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
15.8%
18.1%
19.8%
Avg
12.1%
12.4%
12.8%
Low
7.3%
6.9%
6.9%

EPS Forecast

EPS 202420252026
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 202420252026
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.