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InnovAge Holding Corp.

INNV

Last
$9.10
Day
-0.1%
1y
+53.4%
5y
+39.3%
52w
-27.9%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-11-0323d
EMA 21
9.52
EMA 50
10.00
EMA 200
8.84
20d high
-18.8%
5y high
-27.9%
5y range
65th
Website · 2,500 employees · United States

Positions held

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Score
1
Hold
watch
Signal
Neutral
Target
$9.93
Stop
$8.43
Stop distance
7.4%
Target vs last
+9.1%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • InnovAge Holding Corp. operates in the growing healthcare sector, focusing on medical care facilities, which are essential as the population ages.
  • In the latest quarter, InnovAge reported a revenue increase of 4% compared to the prior quarter, reaching $262 million.
  • The company's operating margin expanded to 5%, indicating improved operational efficiency.
Bear case
  • The company has a strong sell signal with a score of -16.00, reflecting significant bearish trends in its stock performance.
  • InnovAge's net income for the year 2026 is projected to be -2.537 million, continuing a trend of negative profitability.
  • The gross margin decreased slightly to 23.9% from 24.2% in the prior quarter, indicating potential challenges in maintaining profitability.

Fundamentals

Market cap$1.24BEnterprise value$1.22BTrailing P/E—Forward P/E18.22
PEG—Price / book5.26Beta0.15Dividend yield0.00%
Revenue growth18.3%Earnings growth—Gross margin68.5%Operating margin5.0%
Profit margin-0.3%ROE-0.3%ROA0.7%Debt / equity0.32
Current ratio1.05Free cash flow$49.48MAnalyst recommendationnoneMean target$12.00
52w high$12.6452w low$3.94

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$262M$252M$240M$236M$221M—
Op margin5.0%-11.5%5.5%3.6%1.3%—
Net income$8.3M-$29.5M$10.6M$8.0M-$0.8M—
Gross margin23.9%24.2%22.0%21.8%18.6%—
Gross profit$62.6M$61.0M$52.8M$51.4M$41.3M—
Operating income$13.2M-$29.1M$13.3M$8.4M$3.0M—
  • Revenue +4% vs prior quarter ($262M vs $252M).
  • Gross margin 23.9% (was 24.2% prior quarter).
  • Operating margin expanded to 5%.

Yearly (6y)

20262025202420232022
Revenue$990M$854M$764M$688M—
Op margin0.6%-1.9%-3.0%-7.2%—
Net income-$2.5M-$30.3M-$21.3M-$40.7M—
Gross margin23.0%18.0%17.3%14.7%—
Gross profit$228M$154M$132M$101M—
Operating income$5.8M-$16.1M-$23.2M-$49.4M—
Headline scan

Headlines — watch

• [WARN · balance sheet] InnovAge Announces Launch of Proposed Secondary Offering of Common Stock by Selling Stockholders

• [WARN · balance sheet] InnovAge Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

• [WARN · balance sheet] InnovAge Prices Secondary Offering of 10 Million Shares

• [WARN · balance sheet] InnovAge Reports Launch of Secondary Offering of Shares

News

INNV · daily-14.5% over 13 sessions
Close EMA21 EMA50 EMA200
8.288.949.6010.2710.932026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$29M$43M$116M$189M$262M-12%6%24%2025-Q22025-Q32025-Q42026-Q12026-Q2