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NASDAQ: INNV
Innovage Holding Corp Stock Forecast, Predictions & Price Target

Analyst price target for INNV

Based on 2 analysts offering 12 month price targets for Innovage Holding Corp.
Min Forecast
$6.00+50%
Avg Forecast
$6.50+62.5%
Max Forecast
$7.00+75%

Should I buy or sell INNV stock?

Based on 2 analysts offering ratings for Innovage Holding Corp.
Hold
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
2 analysts 100%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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INNV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-03-13
lockedlocked$00.00+00.00%2024-02-08

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Forecast return on equity

Is INNV forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.1%

Forecast return on assets

Is INNV forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

INNV revenue forecast

What is INNV's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$756.2M+4.91%
Avg 2 year Forecast
$838.5M+16.33%
Avg 3 year Forecast
$949.8M+31.78%
INNV's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

INNV revenue growth forecast

How is INNV forecast to perform vs Medical Care Facilities companies and vs the US market?
Company
8.39%
Industry
6.28%
Market
9.39%
INNV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
INNV's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

INNV vs Medical Care Facility Stocks

TickerPricePrice TargetUp/downsideConsensus
INNV$4.00$6.50+62.50%Hold
CMPS$8.42$55.33+557.16%Strong Buy
EHAB$10.11$11.50+13.75%Buy
CCRN$17.13$20.80+21.42%Buy
PNTG$19.89$20.33+2.23%Buy

Innovage Holding Stock Forecast FAQ

Is Innovage Holding Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: INNV) stock is to Hold INNV stock.

Out of 2 analysts, 0 (0%) are recommending INNV as a Strong Buy, 0 (0%) are recommending INNV as a Buy, 2 (100%) are recommending INNV as a Hold, 0 (0%) are recommending INNV as a Sell, and 0 (0%) are recommending INNV as a Strong Sell.

If you're new to stock investing, here's how to buy Innovage Holding stock.

What is INNV's revenue growth forecast for 2024-2026?

(NASDAQ: INNV) Innovage Holding's forecast annual revenue growth rate of 8.39% is forecast to beat the US Medical Care Facilities industry's average forecast revenue growth rate of 6.28%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.39%.

Innovage Holding's revenue in 2024 is $720,796,000.On average, 2 Wall Street analysts forecast INNV's revenue for 2024 to be $102,765,793,753, with the lowest INNV revenue forecast at $102,424,686,171, and the highest INNV revenue forecast at $103,106,901,335. On average, 2 Wall Street analysts forecast INNV's revenue for 2025 to be $113,950,317,253, with the lowest INNV revenue forecast at $113,027,560,090, and the highest INNV revenue forecast at $114,873,074,417.

In 2026, INNV is forecast to generate $129,081,360,346 in revenue, with the lowest revenue forecast at $129,081,360,346 and the highest revenue forecast at $129,081,360,346.

What is INNV's forecast return on assets (ROA) for 2024-2026?

(NASDAQ: INNV) forecast ROA is N/A, which is lower than the forecast US Medical Care Facilities industry average of N/A.

What is INNV's Price Target?

According to 2 Wall Street analysts that have issued a 1 year INNV price target, the average INNV price target is $6.50, with the highest INNV stock price forecast at $7.00 and the lowest INNV stock price forecast at $6.00.

On average, Wall Street analysts predict that Innovage Holding's share price could reach $6.50 by Mar 13, 2025. The average Innovage Holding stock price prediction forecasts a potential upside of 62.5% from the current INNV share price of $4.00.

What is INNV's forecast return on equity (ROE) for 2024-2026?

(NASDAQ: INNV) forecast ROE is N/A, which is considered weak.
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