INVAINVAHealthcare · Biotechnology

INVA Stock Forecast: Innoviva, Inc. Price Predictions for 2026-2027

Last close, 9 Nov 2026
$19
−0.52% on the day

The 5 Wall Street analysts covering Innoviva, Inc. hold a median 12-month price target of $34 — +78.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 73 of 100 as at 9 Nov 2026 — in the upper half. Here, the model and the Street point the same way.

Market cap
$1.4B
Ticker Nerd rank
73/ 100
Median analyst target
$34
Analysts covering
5
Revenue$119.6M+19.3% y/y
Operating income$50.9M
Net income−$83.4M
Free cash flow$51.5M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−9.6%
1M
−10.4%
YTD
−5.0%
1Y
−8.9%
From 52W high
−21.6%
From 52W low
0.0%
$19
$24
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

INVA stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Innoviva, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 9 Nov 2026
73/ 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
100
Value
100
Quality
87
Growth
74
Momentum
68
Issuance
58
Size
40
Revisions
29
Accruals
24

Volatility (100): The share price has been relatively steady.

Accruals (24): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.

Wall Street

INVA stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on INVA, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$15$20$25$30$35$40$45$50Jan 26Apr 26Jul 26Oct 26INVAHigh $46Median $34Low $18

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says5 analysts
4 Buy0 Hold1 Sell
Low $18Median $34High $46

The green dot is the last close — the median target sits +78.9% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
5 Nov 2026OppenheimerMaintainsOutperform$35 → $34
23 Sept 2026OppenheimerAssumesOutperform$35
7 Aug 2026Cantor FitzgeraldMaintainsOverweight$36 → $34
7 Aug 2026Cantor FitzgeraldMaintainsOverweight—
22 June 2026BTIGMaintainsBuy—
22 June 2026BTIGMaintainsBuy$42
1 June 2026HC Wainwright & Co.ReiteratesBuy—
26 May 2026BTIGReiteratesBuy—
7 May 2026BTIGMaintainsBuy—
26 Feb 2026BTIGReiteratesBuy—
17 Feb 2026BTIGInitiatesBuy—
16 Dec 2025HC Wainwright & Co.MaintainsBuy—
6 Nov 2025Cantor FitzgeraldMaintainsOverweight—
30 Sept 2025Goldman SachsInitiatesSell—
11 Aug 2025HC Wainwright & Co.MaintainsBuy—
11 Aug 2025OppenheimerInitiatesOutperform—
14 July 2025HC Wainwright & Co.InitiatesBuy—
11 July 2025Cantor FitzgeraldInitiatesOverweight—
7 Mar 2025ScotiabankInitiatesSector Outperform—
1 Aug 2024Cantor FitzgeraldReiteratesOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

INVA appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
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Performance

INVA vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Nov 2026, Innoviva, Inc. returned −8.9% against +13.4% for the S&P 500, dividends included.

INVA vs S&P 500, last 12 monthsTotal return, rebased to 100
9095100105110115Jan 26Apr 26Jul 26Oct 26INVAS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

INVA analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingThis fiscal year
EPS revision, 90 days
+11.8%
Analysts raising
1
Analysts cutting
0
Fundamentals

Innoviva, Inc. (INVA) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
8.1×

Cheaper than 61% of US stocks

Price / sales
3.1×

Cheaper than 38% of US stocks

Price / book
1.2×

Cheaper than 64% of US stocks

EV / EBITDA
5.5×

Cheaper than 51% of US stocks

Growth & margins
Revenue growth (YoY)
−1.6%

Higher than 25% of US stocks

Earnings growth (YoY)
19.3%

Higher than 59% of US stocks

Gross margin
75.8%

Higher than 88% of US stocks

Operating margin
39.9%

Higher than 92% of US stocks

Net margin
44.1%

Higher than 95% of US stocks

Returns & dividend
Return on equity
18.0%

Higher than 78% of US stocks

Return on assets
7.3%

Higher than 85% of US stocks

Dividend yield
5.3%

Higher than 93% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Innoviva, Inc. (INVA) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Innoviva, Inc. has a market value of $1.4B and an enterprise value of $1.1B.

  • Revenue in the twelve months to 30 June 2026: $440.0M. The latest quarter shrank 1.6% year on year.

  • Net income over the same four quarters: $357.2M, a 81.2% net margin.

  • Diluted earnings per share, trailing twelve months: $4.10.

  • Free cash flow in the twelve months to 30 June 2026: $180.1M.

  • Innoviva, Inc. spent $56.1M on share buybacks in the twelve months to 30 June 2026.

  • Shares outstanding: 72.6M.

  • Trailing P/E: 8.1×; forward P/E: 8.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 5.26%, paying out 0% of earnings.

  • Innoviva, Inc. employs 159 people — $2.8M of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 10 Nov 2026

Data provided by Twelve Data

Peers

INVA vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelBiotechnology
CompanyMarket capTKN rank
INVAInnoviva, Inc.$1.4B73
INBXInhibrx Biosciences, Inc.$1.3B30
GHRSGH Research Plc$1.3B55
MLYSMineralys Therapeutics, Inc.$1.4B14
AVLNAvalyn Pharma, Inc.$1.3B1
TSHATaysha Gene Therapies, Inc.$1.4B40
DRTSAlpha Tau Medical Ltd.$1.3B15

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Innoviva, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest INVA news & analysis

INVA or MRK: Which Is the Better Value Stock Right Now?

Zacks Investment Research · 9 Nov 2026neutral

Zacks Investment Research compares Innoviva and Merck as large-cap pharmaceutical stocks and asks which currently offers the better value opportunity.

Why it matters — INVA watchers may be interested in how the article frames the company’s valuation relative to Merck.

Innoviva (INVA) Tops Q3 Earnings Estimates

Zacks Investment Research · 5 Nov 2026positive

Innoviva reported quarterly earnings of $0.50 per share, above the Zacks Consensus Estimate of $0.49. Earnings were $1.08 per share in the same period a year ago.

Why it matters — INVA watchers may note that earnings exceeded the consensus estimate, while per-share earnings were lower than a year earlier.

Innoviva Reports Third Quarter 2026 Financial Results; Highlights Recent Company Progress

Business Wire · 4 Nov 2026neutral

Innoviva reported financial results for the third quarter ended September 30, 2026, and highlighted recent company progress. The release describes Innoviva's royalties portfolio, Innoviva Specialty Therapeutics, and strategic healthcare investments.

Why it matters — The report provides INVA watchers with an update on quarterly results and progress across the company's business areas.

Do Options Traders Know Something About Innoviva Stock We Don't?

Zacks Investment Research · 12 Oct 2026neutral

Zacks Investment Research said investors should pay close attention to Innoviva (INVA) amid recent movements in its options market. The excerpt does not describe the specific options activity.

Why it matters — INVA watchers may note the reported options-market movement, though the excerpt provides no details about its direction or significance.

FAQ

Frequently asked questions about INVA stock

What is the INVA stock price forecast for 2026-2027?

The 5 Wall Street analysts covering Innoviva, Inc. have a median 12-month price target of $34, with estimates ranging from $18 to $46. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is INVA stock a buy right now?

Of the 5 analysts covering Innoviva, Inc., 4 rate it a Buy, 0 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Innoviva, Inc. 73 out of 100 across roughly 4,600 US stocks as at 9 Nov 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank INVA?

As at 9 Nov 2026, Innoviva, Inc. ranks 73 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (100 of 100).

Will INVA stock go up?

No one can know that. What the data says: the median 12-month target from 5 analysts implies +78.9% from the last close, and Ticker Nerd's factor model ranks Innoviva, Inc. 73 out of 100 as at 9 Nov 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the INVA stock forecast for 2030?

No analyst covering Innoviva, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for INVA are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $18 to $46 over the next 12 months.

How has INVA stock performed over the past year?

Innoviva, Inc. returned -8.9% over the 12 months to 9 Nov 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Innoviva, Inc. do?

Innoviva Inc. is a diversified biopharmaceutical company focused on healthcare assets, royalty streams, and specialty therapeutics.

What is the latest news on INVA?

The most recent item we track (Zacks Investment Research, 9 Nov 2026): "INVA or MRK: Which Is the Better Value Stock Right Now?". Zacks Investment Research compares Innoviva and Merck as large-cap pharmaceutical stocks and asks which currently offers the better value opportunity.

Company

About Innoviva, Inc.

Innoviva Inc. is a diversified biopharmaceutical company focused on healthcare assets, royalty streams, and specialty therapeutics. Its core business includes a royalty portfolio tied to respiratory medicines partnered with GSK, along with ownership and management of operating healthcare businesses. Through Innoviva Specialty Therapeutics, the company develops and commercializes treatments in critical care and infectious disease, including antimicrobial and hospital-focused therapies. Innoviva also maintains strategic investments in healthcare assets and related life sciences businesses, giving it a broader role across drug development, licensing, and asset management. Headquartered in Burlingame, California, Innoviva Inc. combines recurring royalty income with product-focused operations, positioning it as a multi-asset participant in the biopharmaceutical market.

CEO Mr. Pavel Raifeld C.F.A. · 159 employees · United States · https://www.inva.com