Innoviva Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Innoviva stock has a consensus rating of "Buy" and an average price target of $35.5. The average 1-year stock price forecast is 59.66% higher than the current stock price, while the lowest is $18 (-19.05%) and the highest is $46 (+106.88%).

Price Target: $35.5 (+59.66%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$18	$35.5	$39	$46
Change	-19.05%	+59.66%	+75.40%	+106.88%

Analyst Ratings

The average analyst rating for Innoviva stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	4	4	4	3	3
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	4	5	5	5	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ram Selvaraju H.C. Wainwright	H.C. Wainwright	Buy Reiterates $46	Buy	Reiterates	$46	+106.88%	Jun 1, 2026
Julian Harrison BTIG	BTIG	Buy Reiterates $42	Buy	Reiterates	$42	+88.89%	May 26, 2026
Asad Haider Goldman Sachs	Goldman Sachs	Sell Maintains $18	Sell	Maintains	$18	-19.05%	May 7, 2026
Steven Seedhouse Cantor Fitzgerald	Cantor Fitzgerald	Buy Maintains $32	Buy	Maintains	$32	+43.92%	Apr 8, 2026
Trevor Allred Oppenheimer	Oppenheimer	Buy Downgrades $35	Buy	Downgrades	$35	+57.41%	Feb 26, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

440.56M

from 411.33M

7.11%

from 411.33M

Revenue Next Year

486.06M

from 440.56M

10.33%

from 440.56M

EPS This Year

1.91

from 1.87

1.88%

from 1.87

EPS Next Year

2.21

from 1.91

15.71%

from 1.91

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	391.87M	331.34M	310.46M	358.71M	411.33M	440.56M
Revenue Growth	16.35%	-15.45%	-6.30%	15.54%	14.67%	7.11%
Gross Profit	391.29M	286.14M	263.55M	323.01M	308.23M	352.44M
Gross Margin	99.85%	86.36%	84.89%	90.05%	74.94%	80.00%
Operating Income	375.10M	217.02M	141.05M	180.69M	168.59M	194.80M
Net Income	265.85M	213.92M	179.72M	23.39M	271.17M	286.35M
EPS	-	-	-	-	1.87	1.91
EPS Growth	-	-	-	-	420.77%	1.88%
Forward PE	10.07	9.74	19.56	10.91	9.67	11.64
Free Cash Flow	230.52M	143.42M	123.24M	151.13M	122.07M	181.60M
No. Analysts	-	-	-	-	-	5

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

Revenue Forecast

Revenue	2026	2027	2028
High	458.2M
Avg	440.6M
Low	427.4M

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.4%
Avg	7.1%
Low	3.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	1.91
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	1.9%
Low	-