A share price of Innoviva Inc [INVA] is currently trading at $17.88, up 2.64%. An important factor to consider is whether the stock is rising or falling in short-term value. The INVA shares have gain 3.89% over the last week, with a monthly amount drifted -0.11%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Innoviva Inc [NASDAQ: INVA] stock has seen the most recent analyst activity on March 07, 2025, when Scotiabank initiated its Sector Outperform rating and assigned the stock a price target of $55. On July 20, 2022, Goldman initiated with a Neutral rating and assigned a price target of $16 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $13 on November 20, 2017.
Innoviva Inc experienced fluctuations in its stock price throughout the past year between $14.32 and $21.28. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. Innoviva Inc [NASDAQ: INVA] shares were valued at $17.88 at the most recent close of the market. An investor can expect a potential return of 207.61% based on the average INVA price forecast.
Analyzing the INVA fundamentals
Trailing Twelve Months sales for Innoviva Inc [NASDAQ:INVA] were 372.51M which represents 6.68% growth. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.51%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.43.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.49 points at the first support level, and at 17.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.10, and for the 2nd resistance point, it is at 18.32.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Innoviva Inc [NASDAQ:INVA] is 2.35. On the other hand, the Quick Ratio is 2.21, and the Cash Ratio is 1.29. Considering the valuation of this stock, the price to sales ratio is 3.01, the price to book ratio is 1.62 and price to earnings (TTM) ratio is 85.47.
Transactions by insiders
Recent insider trading involved DENNER ALEXANDER J, 10% Owner, that happened on Mar 06 ’25 when 1.2 million shares were sold. 10% Owner, DENNER ALEXANDER J completed a deal on Mar 05 ’25 to sell 0.27 million shares. Meanwhile, 10% Owner DENNER ALEXANDER J sold 0.15 million shares on Mar 04 ’25.
