InnovAge Holding Corp. (INNV)
NASDAQ: INNV · IEX Real-Time Price · USD
3.990
-0.010 (-0.25%)
Apr 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 62.91% from the current stock price of 3.99.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 5 | 5 | 5 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 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 | +50.38% | Mar 13, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +75.44% | Feb 8, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | +125.56% | Feb 15, 2023 |
| JP Morgan | JP Morgan | Hold Maintains $5 → $8 | Hold | Maintains | $5 → $8 | +100.50% | Feb 8, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $6 → $8 | Hold | Maintains | $6 → $8 | +100.50% | Nov 23, 2022 |
Financial Forecast
Revenue This Year
770.40M
from 688.09M
Increased by 11.96%
Revenue Next Year
863.85M
from 770.40M
Increased by 12.13%
EPS This Year
-0.16
from -0.30
EPS Next Year
0.05
from -0.16
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 796.6M | 903.4M | 1.0B |
| Avg | 770.4M | 863.9M | 979.4M |
| Low | 737.0M | 815.1M | 930.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.8% | 17.3% | 19.3% |
| Avg | 12.0% | 12.1% | 13.4% |
| Low | 7.1% | 5.8% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.14 | 0.08 | 0.24 |
| Avg | -0.16 | 0.05 | 0.18 |
| Low | -0.19 | 0.02 | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | 414.7% |
| Avg | - | - | 281.2% |
| Low | - | - | 67.1% |
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.