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NASDAQ: INNV
INNOVAGE HOLDING CORP Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for INNV

Based on 7 analysts offering 12 month price targets for INNOVAGE HOLDING CORP.
Min Forecast
$3.90-15.95%
Avg Forecast
$9.34+101.36%
Max Forecast
$19.00+309.48%

Should I buy or sell INNV stock?

Based on 9 analysts offering ratings for INNOVAGE HOLDING CORP.
Hold
Strong Buy
1 analysts 11.11%
Buy
0 analysts 0%
Hold
7 analysts 77.78%
Sell
0 analysts 0%
Strong Sell
1 analysts 11.11%

INNV stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Baird
Bottom 4%
4
HoldDowngrades$5.00+7.76%2022-05-16
Piper Sandler
Bottom 10%
10
Strong SellMaintains$3.90-15.95%2022-05-11
Goldman Sachs
Bottom 18%
18
HoldDowngrades$4.00-13.79%2021-12-28
Barclays
Bottom 9%
9
HoldDowngrades$6.50+40.09%2021-12-27
JP Morgan
Top 27%
74
HoldInitiates Coverage On$10.00+115.52%2021-12-17
Citigroup
Top 24%
77
HoldDowngradesN/AN/A2021-09-29
William Blair
Bottom 6%
6
HoldDowngradesN/AN/A2021-09-22
Cowen & Co.
Bottom 6%
6
HoldInitiates Coverage On$17.00+266.38%2021-09-10
Barclays
Top 18%
83
Strong BuyUpgrades$19.00+309.48%2021-08-12
Anonymous
Baird
BuyInitiates Coverage On$27.00+481.90%2021-05-28

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Forecast return on equity

Is INNV forecast to generate an efficient return?
Company
20.89%
Industry
-125.71%
Market
32.81%
INNV's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is INNV forecast to generate an efficient return on assets?
Company
12.87%
Industry
8.41%
INNV is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

INNV earnings per share forecast

What is INNV's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$0.05-54.55%
Avg 2 year Forecast
$0.11+0%
Avg 3 year Forecast
$0.28+154.55%
INNV's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

INNV revenue forecast

What is INNV's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$699.8M+0.35%
Avg 2 year Forecast
$711.3M+1.99%
Avg 3 year Forecast
$744.0M+6.69%
INNV's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

INNV earnings growth forecast

How is INNV forecast to perform vs Medical Care Facilities companies and vs the US market?
Company
32.59%
Industry
4.99%
Market
15.78%
INNV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
INNV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
INNV's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

INNV revenue growth forecast

How is INNV forecast to perform vs Medical Care Facilities companies and vs the US market?
Company
1.96%
Industry
8.34%
Market
9.2%
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$4.64$9.34+101.36%Hold
HNGR$15.88$24.00+51.13%Strong Buy
DCGO$5.64$14.67+160.05%Strong Buy
TOI$7.15N/AN/A
PNTG$17.99$25.25+40.36%Buy
View Top Medical Care Facility Stocks

INNOVAGE HOLDING Stock Forecast FAQ

Is INNOVAGE HOLDING Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: INNV) stock is to Hold INNV stock.

Out of 9 analysts, 1 (11.11%) are recommending INNV as a Strong Buy, 0 (0%) are recommending INNV as a Buy, 7 (77.78%) are recommending INNV as a Hold, 0 (0%) are recommending INNV as a Sell, and 1 (11.11%) are recommending INNV as a Strong Sell.

What is INNV's earnings growth forecast for 2022-2024?

(NASDAQ: INNV) INNOVAGE HOLDING's forecast annual earnings growth rate of 32.59% is forecast to beat the US Medical Care Facilities industry's average forecast earnings growth rate of 4.99%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 15.78%.

INNOVAGE HOLDING's earnings in 2022 is $12,662,000.On average, 2 Wall Street analysts forecast INNV's earnings for 2022 to be $6,776,250, with the lowest INNV earnings forecast at $5,421,000, and the highest INNV earnings forecast at $6,776,250. On average, 3 Wall Street analysts forecast INNV's earnings for 2023 to be $14,907,751, with the lowest INNV earnings forecast at -$5,421,000, and the highest INNV earnings forecast at $29,815,501.

In 2024, INNV is forecast to generate $37,947,002 in earnings, with the lowest earnings forecast at $29,815,501 and the highest earnings forecast at $47,433,752.

What is INNV's revenue growth forecast for 2022-2024?

(NASDAQ: INNV) INNOVAGE HOLDING's forecast annual revenue growth rate of 1.96% is not forecast to beat the US Medical Care Facilities industry's average forecast revenue growth rate of 8.34%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.2%.

INNOVAGE HOLDING's revenue in 2022 is $697,395,000.On average, 3 Wall Street analysts forecast INNV's revenue for 2022 to be $94,843,922,849, with the lowest INNV revenue forecast at $94,742,821,194, and the highest INNV revenue forecast at $95,003,029,206. On average, 3 Wall Street analysts forecast INNV's revenue for 2023 to be $96,397,581,518, with the lowest INNV revenue forecast at $92,563,579,098, and the highest INNV revenue forecast at $98,509,061,111.

In 2024, INNV is forecast to generate $100,833,992,589 in revenue, with the lowest revenue forecast at $96,141,439,256 and the highest revenue forecast at $105,526,545,922.

What is INNV's forecast return on assets (ROA) for 2022-2025?

(NASDAQ: INNV) forecast ROA is 12.87%, which is higher than the forecast US Medical Care Facilities industry average of 8.41%.

What is INNV's Price Target?

According to 7 Wall Street analysts that have issued a 1 year INNV price target, the average INNV price target is $9.34, with the highest INNV stock price forecast at $19.00 and the lowest INNV stock price forecast at $3.90.

On average, Wall Street analysts predict that INNOVAGE HOLDING's share price could reach $9.34 by May 16, 2023. The average INNOVAGE HOLDING stock price prediction forecasts a potential upside of 101.36% from the current INNV share price of $4.64.

What is INNV's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: INNV) INNOVAGE HOLDING's current Earnings Per Share (EPS) is $0.11. On average, analysts forecast that INNV's EPS will be $0.05 for 2022, with the lowest EPS forecast at $0.04, and the highest EPS forecast at $0.05. On average, analysts forecast that INNV's EPS will be $0.11 for 2023, with the lowest EPS forecast at -$0.04, and the highest EPS forecast at $0.22. In 2024, INNV's EPS is forecast to hit $0.28 (min: $0.22, max: $0.35).

What is INNV's forecast return on equity (ROE) for 2022-2025?

(NASDAQ: INNV) forecast ROE is 20.89%, which is considered strong.
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