Innovex International (INVX)
NYSE:INVX
INVX Stock Chart & Stats
$24.73
-$0.55(-3.52%)
At close: 4:00 PM EST
$24.73
-$0.55(-3.52%)
Day’s Range― - ―
52-Week Range$11.93 - $29.48
Previous CloseN/A
Volume106.58K
Average Volume (3M)374.19K
Market Cap
$1.70B
Enterprise Value$1.60B
Total Cash (Recent Filing)$203.41M
Total Debt (Recent Filing)$120.27M
Price to Earnings (P/E)18.1
Beta1.06
Next Earnings
May 12, 2026EPS Estimate
0.27Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.36
Shares Outstanding69,138,690
10 Day Avg. Volume410,299
30 Day Avg. Volume374,194
Financial Highlights & Ratios
PEG Ratio-0.32
Price to Book (P/B)1.43
Price to Sales (P/S)1.54
P/FCF Ratio9.69
Enterprise Value/Market Cap0.94
Enterprise Value/Revenue1.64
Enterprise Value/Gross Profit5.87
Enterprise Value/Ebitda7.88
Forecast
1Y Price Target
$25.50Price Target Upside3.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)1.46
Revenue Forecast (FY)$1.01B
Bulls Say, Bears Say
Bulls Say
Sustained Revenue GrowthMulti-year revenue expansion to $978M in 2025 demonstrates durable demand, successful cross-selling and M&A integration. A larger, diversified revenue base across U.S. land, offshore and international markets supports scale economics, resilience to regional cyclicality and the capacity to fund strategic investments.
Conservative Balance Sheet & LiquidityVery low leverage and substantial cash provide long-term financial flexibility in a cyclical industry. This balance-sheet strength reduces refinancing risk, supports continued M&A or opportunistic buybacks, and allows the company to absorb operational setbacks or legal exposures without impairing core operations.
Strong Free Cash Flow & Cost DisciplineHigh free cash flow conversion and evident SG&A reductions reflect improved cash-generative operations and operational discipline. Durable FCF supports reinvestment, modest elevated capex and shareholder returns while enabling the company to weather cyclical downdrafts and fund margin-improving initiatives.
Bears Say
Margin Compression Vs. 2024A material step-down in margins despite higher revenue signals pressure from mix, costs or normalization after prior peaks. Persistently lower margins reduce return on capital and free cash generation per dollar of sales, making it harder to reach long-term ROCE and margin targets without durable operational improvements.
Material Patent Verdict & Legal OverhangA ~$47.6M damages verdict creates a tangible cash and strategic risk that may affect capital allocation, insurance recoveries and M&A appetite. Even if appealed, legal costs, potential payouts or injunction risk can persist across multiple quarters and complicate execution of buybacks or investment plans.
Subsea Order Lumpy & Transition CostsSubsea bookings are lumpy and several legacy, lower-margin subsea contracts plus facility exit costs weigh on near-term margins. These structural mix and transition costs make revenue and margin delivery less predictable and delay realization of targeted long-term margin improvements.
Innovex International News
INVX FAQ
What was Innovex International’s price range in the past 12 months?
Innovex International lowest stock price was $11.93 and its highest was $29.48 in the past 12 months.
What is Innovex International’s market cap?
Innovex International’s market cap is $1.70B.
When is Innovex International’s upcoming earnings report date?
Innovex International’s upcoming earnings report date is May 12, 2026 which is in 46 days.
How were Innovex International’s earnings last quarter?
Innovex International released its earnings results on Feb 23, 2026. The company reported $0.356 earnings per share for the quarter, beating the consensus estimate of $0.291 by $0.065.
Is Innovex International overvalued?
According to Wall Street analysts Innovex International’s price is currently Undervalued.
Does Innovex International pay dividends?
Innovex International does not currently pay dividends.
What is Innovex International’s EPS estimate?
Innovex International’s EPS estimate is 0.27.
How many shares outstanding does Innovex International have?
Innovex International has 69,138,690 shares outstanding.
What happened to Innovex International’s price movement after its last earnings report?
Innovex International reported an EPS of $0.356 in its last earnings report, beating expectations of $0.291. Following the earnings report the stock price went up 6.367%.
Which hedge fund is a major shareholder of Innovex International?
Currently, no hedge funds are holding shares in INVX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Innovex International Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$25.50 (3.11% Upside)
$25.50 (3.11% Upside)
Hedge Fund Trend
Decreased
By 29.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $325.2M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.87%
12-Months-Change
Fundamentals
Return on Equity
8.19%
Trailing 12-Months
Asset Growth
5.91%
Trailing 12-Months
Company Description
Innovex International
Innovex International, Inc. engages in the provision of solutions for both onshore and offshore applications within the oil and gas industry. The company was founded on September 15, 2016 and is headquartered in Humble, TX.
INVX Company Deck
INVX Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrays a company in a constructive transition: clear operational progress (revenue growth, margin stabilization, strong free cash flow conversion, SG&A reductions, successful M&A integrations and notable subsea wins) balanced against near-term headwinds (legacy low-margin subsea projects, Eldridge exit costs, pulled-forward deliveries creating Q1 softness and slightly elevated CapEx). Management presents these as largely transitional challenges with a credible plan to improve margins and ROCE over 2026–2027.View all INVX earnings summariesINVX Stock 12 Month Forecast
Average Price Target
$25.50
▲(3.11% Upside)
Technical Analysis
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