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Inovalon Holdings, Inc. (INOV)

NASDAQ: INOV · Delayed Price · USD
40.39 0.02 (0.05%)
Sep 23, 2021 4:00 PM EDT - Market closed
Market Cap6.09B
Revenue (ttm)718.74M
Net Income (ttm)39.82M
Shares Out150.69M
EPS (ttm)0.27
PE Ratio152.42
Forward PE27.40
Dividendn/a
Ex-Dividend Daten/a
Volume645,722
Open40.45
Previous Close40.37
Day's Range40.38 - 40.45
52-Week Range17.56 - 40.99
Beta0.58
AnalystsBuy
Price Target42.33 (+4.8%)
Est. Earnings DateOct 27, 2021

About INOV

Inovalon Holdings, Inc. provides cloud-based platforms for data-driven healthcare. It operates Inovalon ONE Platform, an integrated, real-time cloud native platform that interconnect with the healthcare ecosystem to aggregate and analyze data in real-time, as well as empowers the application in resulting insights. The company also operates myABILITY software platform, an integrated set of cloud-based applications for providers that offers connectivity, administrative, clinical and quality analysis, management, and performance improvement capabi...

IndustryHealth Care Technology
IPO DateFeb 12, 2015
CEOKeith Dunleavy
Employees1,836
Stock ExchangeNASDAQ
Ticker SymbolINOV
Full Company Profile

Financial Performance

In 2020, INOV's revenue was $667.52 million, an increase of 3.91% compared to the previous year's $642.41 million. Earnings were $21.91 million, an increase of 190.61%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for INOV stock is "Buy." The 12-month stock price forecast is 42.33, which is an increase of 4.80% from the latest price.

Price Target
$42.33
(4.80% upside)
Analyst Consensus: Buy

News

CorEvitas and Inovalon Leverage Advanced Analytics to Deliver A Holistic View of the Patient

WALTHAM, Mass., Sept. 21, 2021 /PRNewswire/ -- CorEvitas, LLC, the gold-standard leader in longitudinal real-world data in autoimmune and inflammatory diseases, today announced that it has expanded its ...

2 days ago - PRNewsWire

Shareholder Alert: Robbins LLP Announces Acquisition of Inovalon Holdings, Inc. (INOV) by Nordic Capital and Others (...

SAN DIEGO & BOWIE, Md.--(BUSINESS WIRE)---- $INOV #acquisition--Acquisition of Inovalon Holdings, Inc (INOV) by Nordic Capital and Others May Not Be in Shareholders' Best Interests

6 days ago - Business Wire

SHAREHOLDER ALERT: WeissLaw LLP Reminds INOV, XONE, RAVN, and STMP Shareholders About Its Ongoing Investigations

NEW YORK, Sept. 2, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or...

Other symbols:RAVNSTMPXONE
3 weeks ago - PRNewsWire

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of the Merger of In...

New York, New York--(Newsfile Corp. - August 31, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Inovalon ("Company") (NASDAQ: INOV) st...

3 weeks ago - Newsfile Corp

INOVALON (INOV) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Inovalon Holdings...

WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary dut...

3 weeks ago - Business Wire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Inovalon Holdings, Inc. (INOV) and Encourages Sharehold...

Philadelphia, Pennsylvania--(Newsfile Corp. - August 27, 2021) - Kaskela Law LLC is investigating Inovalon Holdings, Inc. ("Inovalon" or the "Company") (NASDAQ: INOV) on behalf of the company's stockhol...

4 weeks ago - Newsfile Corp

INOVALON INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of ...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Inovalon Holdings,...

1 month ago - Business Wire

SHAREHOLDER ALERT: WeissLaw LLP Investigates Inovalon Holdings, Inc.

NEW YORK, Aug. 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Inovalon Holdings, Inc. ("Inovalon" or ...

1 month ago - PRNewsWire

(INOV): Johnson Fistel Investigates Proposed Sale of Inovalon Holdings; Is $41 a Fair Price?

SAN DIEGO, Aug. 19, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Inovalon Holdings, Inc. (NASDAQ: INOV) ("Inovalon...

1 month ago - PRNewsWire

Shareholder Alert: Ademi LLP investigates whether Inovalon Holdings, Inc. has obtained a Fair Price in its transactio...

MILWAUKEE, Aug. 19, 2021 /PRNewswire/ -- Ademi LLP is investigating Inovalon Holdings, Inc. (NASDAQ: INOV), for possible breaches of fiduciary duty and other violations of law in its transaction with No...

1 month ago - PRNewsWire

Inovalon Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Inovalon Holdings, I...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Inovalon Holdings, Inc. (NASDAQ: INOV) to an equity consortium consisting of Nordic C...

1 month ago - Business Wire

Inovalon Goes Private In $7.3B Deal: See Highlights

Provider of healthcare-focused cloud-based platforms, Inovalon Holdings Inc (NASDAQ: INOV) will be acquired by an equity consortium in an all-cash transaction with an enterprise value of approximately $...

1 month ago - Benzinga

Inovalon to Be Acquired by Equity Consortium Led by Nordic Capital Including Insight Partners for $7.3 Billion

Stockholders to Receive $41.00 Per Share in Cash Stockholders to Receive $41.00 Per Share in Cash

1 month ago - GlobeNewsWire

Inovalon to Present at KeyBanc Technology Leadership Forum

BOWIE, Md., Aug. 10, 2021 (GLOBE NEWSWIRE) -- Inov a lon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced that Keith Dunleavy, M.D., chief e...

1 month ago - GlobeNewsWire

Inovalon Holdings: Is There a Further M&A Upside?

Inovalon Holdings Inc. ( INOV , Financial) is a leading provider of data analytics and cloud-based platforms to the healthcare ecosystem. It can access, aggregate, normalize and analyze real-time and on...

1 month ago - GuruFocus

Inovalon Holdings (INOV) Q2 Earnings and Revenues Surpass Estimates

Inovalon Holdings (INOV) delivered earnings and revenue surprises of 18.75% and 3.56%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Recap: Inovalon Holdings Q2 Earnings

Shares of Inovalon Holdings (NASDAQ:INOV) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 26.67% over the past year to $0.19, which ...

1 month ago - Benzinga

Inovalon Reports Second Quarter 2021 Results

Second Quarter 2021 Highlights

1 month ago - GlobeNewsWire

Top 5 Trades of the Eaton Vance Worldwide Health Sciences Fund

The Eaton Vance Worldwide Health Sciences Fund (Trades, Portfolio) disclosed its portfolio for the second quarter of the year this week.

Other symbols:ABTAGTIDHRHAEHUMTXG
1 month ago - GuruFocus

Inovalon Holdings (INOV) Earnings Expected to Grow: Should You Buy?

Inovalon Holdings (INOV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Inovalon Announces Second Quarter 2021 Earnings Conference Call

BOWIE, Md., July 14, 2021 (GLOBE NEWSWIRE) -- Inovalon (Nasdaq: INOV), a leading provider of cloud-based platforms empowering data-driven healthcare, today announced that it will hold a conference call ...

2 months ago - GlobeNewsWire

Inovalon Announces Appointment of Eron S. Kelly as Corporate President

Seasoned Executive Focused on Global Cloud Business Growth at Amazon and Microsoft Joins Inovalon Seasoned Executive Focused on Global Cloud Business Growth at Amazon and Microsoft Joins Inovalon

2 months ago - GlobeNewsWire

Walmart (WMT) Expands Partnership With Inovalon to Drive Growth

Walmart (WMT) will extend its association with Inovalon till 2028, while broadening the use of ScriptMed Cloud. Management will introduce more cutting-edge Inovalon ONE Platform functionality.

Other symbols:WMT
2 months ago - Zacks Investment Research

Walmart Extends Use of the Inovalon ONE® Platform

Retailer Extends Relationship with Inovalon to 2028 Retailer Extends Relationship with Inovalon to 2028

3 months ago - GlobeNewsWire

Inovalon and Homecare Homebase Announce Multi-Year Exclusive Agreement

Next-Generation, Cloud-Based Platform Empowers More Than 25% of Home Health Providers Nationwide with Greater Patient Data Accuracy and Administrative Efficiency Across All Payers Next-Generation, Cloud...

3 months ago - GlobeNewsWire