Innoviva, Inc. (INVA)
NASDAQ: INVA · IEX Real-Time Price · USD
13.94
+0.25 (1.83%)
Nov 30, 2023, 11:32 AM EST - Market open
Innoviva Stock Forecast
Stock Price Forecast
According to 3 stock analysts, the average 12-month stock price forecast for Innoviva stock is $15.17, which predicts an increase of 8.82%. The lowest target is $10 and the highest is $22.5. On average, analysts rate Innoviva stock as a hold.
Analyst Consensus: Hold
* Price targets were last updated on May 10, 2023.
Analyst Ratings
The average analyst rating for Innoviva 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 | Jun '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 | Nov '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +61.41% | May 10, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +61.41% | Apr 20, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $15 → $13 | Hold | Maintains | $15 → $13 | -6.74% | Mar 3, 2023 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $13 → $10 | Sell | Maintains | $13 → $10 | -28.26% | Mar 3, 2023 |
| EF Hutton | EF Hutton | Strong Buy Reiterates $23 | Strong Buy | Reiterates | $23 | +61.41% | Mar 3, 2023 |
Financial Forecast
Revenue This Year
310.43M
from 331.34M
Decreased by -6.31%
Revenue Next Year
326.04M
from 310.43M
Increased by 5.03%
EPS This Year
1.09
from 2.37
Decreased by -53.95%
EPS Next Year
1.08
from 1.09
Decreased by -0.93%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 319.6M | 335.6M | 375.6M |
| Avg | 310.4M | 326.0M | 364.9M |
| Low | 298.3M | 313.3M | 350.6M |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -3.6% | 8.1% | 15.2% |
| Avg | -6.3% | 5.0% | 11.9% |
| Low | -10.0% | 0.9% | 7.5% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | 1.12 | 1.11 | 1.38 |
| Avg | 1.09 | 1.08 | 1.34 |
| Low | 1.05 | 1.04 | 1.28 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 |
|---|---|---|---|
| High | -52.6% | 2.0% | 27.2% |
| Avg | -53.9% | -0.9% | 23.6% |
| Low | -55.8% | -4.8% | 18.7% |
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.