Innovex International Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Innovex International stock has a consensus rating of "Buy" and an average price target of $33. The average 1-year stock price forecast is 29.77% higher than the current stock price, while the lowest is $26 (+2.24%) and the highest is $35 (+37.63%).

Price Target: $33 (+29.77%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$26	$33	$35	$35
Change	+2.24%	+29.77%	+37.63%	+37.63%

Analyst Ratings

The average analyst rating for Innovex International 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	1	1	1	1	2	3
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	4	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Jefferies No rating	Jefferies	Buy Initiates $34	Buy	Initiates	$34	+33.70%	Jun 8, 2026
Derek Podhaizer Piper Sandler	Piper Sandler	Buy Maintains $33 → $34	Buy	Maintains	$33 → $34	+33.70%	May 18, 2026
Eddie Kim Barclays	Barclays	Hold Reiterates $24 → $26	Hold	Reiterates	$24 → $26	+2.24%	May 7, 2026
Scott Gruber Citi	Citi	Buy Initiates $35	Buy	Initiates	$35	+37.63%	May 7, 2026

Financial Forecast

Revenue This Year

1.01B

from 978.25M

2.81%

from 978.25M

Revenue Next Year

1.10B

from 1.01B

9.41%

from 1.01B

EPS This Year

1.42

from 1.06

34.53%

from 1.06

EPS Next Year

1.95

from 1.42

37.51%

from 1.42

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	294.84M	467.19M	555.54M	660.80M	978.25M	1.01B
Revenue Growth	-	58.46%	18.91%	18.95%	48.04%	2.81%
Gross Profit	87.40M	158.12M	195.44M	232.63M	303.28M	346.99M
Gross Margin	29.64%	33.84%	35.18%	35.20%	31.00%	34.50%
Operating Income	18.88M	80.46M	99.98M	85.24M	113.75M	120.06M
Net Income	9.85M	63.28M	73.93M	140.33M	83.30M	115.00M
EPS	-	-	-	-	1.06	1.42
EPS Growth	-	-	-	-	-36.13%	34.53%
Forward PE	-	-	-	13.12	15.32	17.91
Free Cash Flow	-	-17.81M	64.46M	-112.90M	146.02M	100.00M
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026	2027	2028
High	1.0B
Avg	1.0B
Low	993.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	4.7%
Avg	2.8%
Low	1.5%

EPS Forecast

EPS	2026	2027	2028
High	1.65
Avg	1.42
Low	0.86

EPS Growth

EPS Growth	2026	2027	2028
High	56.3%
Avg	34.5%
Low	-18.5%