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Innoviva ( (INVA) ) just unveiled an update.
At the Annual Meeting of Stockholders on May 19, 2025, Innoviva, Inc. elected five board members for a one-year term and approved executive compensation on a non-binding advisory basis. Additionally, stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
The most recent analyst rating on (INVA) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Innoviva stock, see the INVA Stock Forecast page.
Spark’s Take on INVA Stock
According to Spark, TipRanks’ AI Analyst, INVA is a Outperform.
Innoviva’s overall stock score reflects a strong financial foundation with robust revenue growth and cash flow, albeit with declining net income and ROE. The technical analysis suggests a stable market position with slight upward momentum. However, valuation concerns arise from a negative P/E ratio and lack of dividend yield, slightly offsetting the positive financial performance.
To see Spark’s full report on INVA stock, click here.
More about Innoviva
Average Trading Volume: 885,128
Technical Sentiment Signal: Buy
Current Market Cap: $1.17B
For an in-depth examination of INVA stock, go to TipRanks’ Stock Analysis page.
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