Innovus Pharmaceuticals, Inc.

Innovus Pharmaceuticals, Inc. Stock Forecast & Price Prediction

Live Innovus Pharmaceuticals, Inc. Stock (INNV) Price
$5.34

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$5.34

P/E Ratio

P/E Ratio not available for INNV

Volume Traded Today

$28,940

Dividend

Dividends not available for INNV

52 Week High/low

6.71/3.52

Innovus Pharmaceuticals, Inc. Market Cap

$724.9M

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $INNV ๐Ÿ›‘

Before you buy INNV you'll want to see this list of ten stocks that have huge potential. Want to see if INNV made the cut? Enter your email below

INNV Summary

The Innovus Pharmaceuticals, Inc. (INNV) share price is expected to increase by 21.72% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered INNV. Price targets range from $6 at the low end to $7 at the high end. The current analyst consensus for INNV is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

INNV Analyst Ratings

About 0 Wall Street analysts have assignedINNV 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Innovus Pharmaceuticals, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on INNV. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

INNV stock forecast by analyst

These are the latest 20 analyst ratings of INNV.

Analyst/Firm

Rating

Price Target

Change

Date

Lisa Gill
JP Morgan

Neutral

$6

Maintains

Mar 13, 2024
Jamie Perse
Goldman Sachs

Neutral

$7

Maintains

Feb 8, 2024
Jamie Perse
Goldman Sachs

Neutral

$9

Maintains

Feb 15, 2023
Lisa Gill
JP Morgan

Neutral

$8

Maintains

Feb 8, 2023
Jamie Perse
Goldman Sachs

Neutral

$8

Maintains

Nov 23, 2022
Jason Cassorla
Citigroup

Neutral

$8

Maintains

Nov 16, 2022
Sarah James
Barclays

Equal-Weight

$5

Maintains

Sep 15, 2022
Vikram Kesavabhotla
Baird

Neutral

$5

Downgrade

May 16, 2022
Jeff Garro
Piper Sandler

Underweight

$3.9

Maintains

May 11, 2022
Jeff Garro
Piper Sandler

Underweight

$5

Downgrade

Apr 20, 2022
Jamie Perse
Goldman Sachs

Neutral

$4

Downgrade

Dec 28, 2021
Sarah James
Barclays

Equal-Weight

$6.5

Downgrade

Dec 27, 2021

JP Morgan

Neutral


Initiates

Dec 17, 2021

Citigroup

Neutral


Downgrade

Sep 29, 2021

William Blair

Market Perform


Downgrade

Sep 22, 2021

Cowen & Co.

Market Perform


Initiates

Sep 10, 2021
Steve Valiquette
Barclays

Overweight

$19

Upgrade

Aug 12, 2021

Baird

Outperform


Initiates

May 28, 2021

William Blair

Outperform


Initiates

Mar 29, 2021

Barclays

Equal-Weight


Initiates

Mar 29, 2021

INNV Company Information

What They Do: Provides medical services for seniors' independent living.

Business Model: The company operates under the PACE model, offering comprehensive care management and a range of medical and ancillary services designed to support seniors' health and independence. It generates revenue through government reimbursements and private payments for the services provided to participants enrolled in its programs.

Other Information: InnovAge Holding Corp. operates PACE centers across several states, including Colorado, California, New Mexico, Pennsylvania, Florida, and Virginia. Founded in 2007 and headquartered in Denver, Colorado, the company was previously known as TCO Group Holdings, Inc. before rebranding in January 2021.
INNV
Innovus Pharmaceuticals, Inc. (INNV)

When did it IPO

2020

Staff Count

2,350

Country

United States

Sector/Industry

Healthcare/Medical Care Facilities

CEO

Mr. Patrick Blair

Market Cap

$724.9M

Innovus Pharmaceuticals, Inc. (INNV) Financial Data

In 2023, INNV generated $688.1M in revenue, which was a decrease of -1.51% from the previous year. This can be seen as a signal that INNV's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$637.8M

0.00 %
From Previous Year

Revenue From 2022

$698.6M

9.54 %
From Previous Year

Revenue From 2023

$688.1M

-1.51 %
From Previous Year
  • Revenue TTM $763.9M
  • Operating Margin TTM -2.5%
  • Gross profit TTM $132.1M
  • Return on assets TTM -2.6%
  • Return on equity TTM -7.6%
  • Profit Margin -2.8%
  • Book Value Per Share 1.98%
  • Market capitalisation $724.9M
  • Revenue for 2021 $637.8M
  • Revenue for 2022 $698.6M
  • Revenue for 2023 $688.1M
  • EPS this year (TTM) $-0.16

Innovus Pharmaceuticals, Inc. (INNV) Latest News

News Image

Mon, 16 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - InnovAge Holding Corp. (Nasdaq: INNV) is partnering in a national study aimed at preventing falls among seniors, potentially enhancing its service offerings in elderly care.

Why It Matters - InnovAge's partnership in a national study on fall prevention may enhance its reputation, potentially leading to increased funding, growth opportunities, and improved patient outcomes, positively impacting stock performance.

News Image

Mon, 16 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - InnovAge Holding Corp. corrected Dr. Ann Wells' title to Chief Quality and Population Health Officer in a recent release.

Why It Matters - The correction of Dr. Ann Wells' title may reflect changes in leadership or strategy at InnovAge, potentially impacting the company's operational focus and investor confidence.

News Image

Tue, 10 Sep 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - InnovAge Holding Corp. (NASDAQ: INNV) will host its Q4 2024 earnings conference call on September 10, 2024, at 5:00 PM ET, featuring key executives and analysts from major firms.

Why It Matters - The Q4 2024 earnings call for InnovAge Holding Corp. will provide critical insights into the company's financial performance and future outlook, influencing stock valuations and investor sentiment.

News Image

Tue, 10 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - InnovAge Holding Corp. (Nasdaq: INNV) reported its fiscal Q4 and full-year financial results for the period ending June 30, 2024, focusing on healthcare programs for frail, dual-eligible seniors.

Why It Matters - InnovAge's financial results indicate its performance and growth potential in the healthcare sector for seniors, impacting stock valuation and investor confidence in its business model.

News Image

Tue, 10 Sep 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - InnovAge Holding Corp. (INNV) reported a quarterly loss of $0.01 per share, better than the expected loss of $0.02, and an improvement from a loss of $0.09 per share a year earlier.

Why It Matters - InnovAge's smaller-than-expected loss suggests improving financial performance, potentially boosting investor confidence and impacting stock valuation positively.

News Image

Thu, 22 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - InnovAge corrected its staff count from seven to 20 in a release dated August 16, 2024. The update pertains to data from four years ago.

Why It Matters - The correction in staff count may indicate a more substantial operational scale for InnovAge, potentially impacting valuation and investor confidence in growth prospects.

...

INNV Frequently asked questions

The highest forecasted price for INNV is $7 from Jamie Perse at Goldman Sachs.

The lowest forecasted price for INNV is $6 from Lisa Gill from JP Morgan

The INNV analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.