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Innovex International ( (INVX) ) has shared an announcement.
On August 5, 2025, Innovex International announced its financial results for the second quarter of 2025, reporting revenue of $224 million, a 7% decrease from the previous quarter. Despite the revenue decline, the company maintained profitability with a net income of $15 million and strong free cash flow of $52 million. Innovex completed the acquisition of Citadel Casing Solutions, LLC, which is expected to drive organic growth and enhance its market position. The acquisition was valued at $70 million and was 8% accretive to Innovex’s EPS. The company also repurchased 624,531 shares of its stock and maintained a net cash balance sheet, allowing flexibility for future M&A opportunities.
The most recent analyst rating on (INVX) stock is a Buy with a $24.00 price target. To see the full list of analyst forecasts on Innovex International stock, see the INVX Stock Forecast page.
Spark’s Take on INVX Stock
According to Spark, TipRanks’ AI Analyst, INVX is a Neutral.
Innovex International’s strong financial performance and attractive valuation are key strengths, supported by robust revenue growth and profitability. However, technical indicators suggest a cautious outlook, and earnings guidance reveals potential challenges in international markets. Strategic initiatives may mitigate some risks, but uncertainty in market conditions remains a concern.
To see Spark’s full report on INVX stock, click here.
More about Innovex International
Innovex International, Inc. (NYSE: INVX) is a Houston-based company established in 2024 following the merger of Dril-Quip, Inc and Innovex Downhole Solutions, Inc. The company offers a comprehensive portfolio that spans the lifecycle of the well, focusing on product integration to drive efficiency, lower costs, and reduce the rig site service footprint. Innovex operates across North America, Latin America, Europe, the Middle East, and Asia, providing technical expertise and innovative technologies.
Average Trading Volume: 408,417
Technical Sentiment Signal: Sell
Current Market Cap: $1.09B
For detailed information about INVX stock, go to TipRanks’ Stock Analysis page.