Innovex International (INVX)
NYSE:INVX
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INVX Stock Chart & Stats
$25.73
-$0.55(-3.52%)
At close: 4:00 PM EST
$25.73
-$0.55(-3.52%)
Day’s Range― - ―
52-Week Range$13.44 - $32.25
Previous CloseN/A
Volume106.58K
Average Volume (3M)374.19K
Market Cap
$2.12B
Enterprise Value$1.94B
Total Cash (Recent Filing)$200.71M
Total Debt (Recent Filing)$76.20M
Price to Earnings (P/E)―
Beta0.89
Next Earnings
Aug 11, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.75
Shares Outstanding68,759,674
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 Cap0.92
Enterprise Value/Revenue1.99
Enterprise Value/Gross Profit7.35
Enterprise Value/Ebitda9.44
Forecast
1Y Price Target
$31.67Price Target Upside23.07% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
EPS Forecast (FY)1.48
Revenue Forecast (FY)$989.34M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthVery low leverage, a sizable equity base and roughly $201M of cash with no bank debt provide durable financial flexibility. This supports capital allocation (M&A, buybacks), cushions cyclical oilfield demand swings, and reduces refinancing risk over the next several quarters.
Cash Generation QualityConsistent operating and free cash flow on a TTM basis, with strong cash conversion, underpins a capital-light model. Reliable cash generation funds maintenance capex, strategic M&A and buybacks, and provides a buffer versus cyclical revenue volatility over a multi-quarter horizon.
Subsea Momentum & Strategic M&AWinning multi-million subsea contracts and integrating a targeted, low-cost acquisition strengthens higher-margin subsea exposure and product breadth. These structural wins diversify revenue mix, build backlog in attractive subsea markets, and can sustain margin improvement over coming quarters.
Bears Say
TTM Revenue And Margin WeaknessA notable TTM revenue decline alongside margin compression signals weaker pricing, mix or activity versus prior years. That trend reduces incremental returns on a larger equity base and makes hitting long-term ROCE targets harder unless revenue stabilizes or margins sustainably recover.
Material Legal ExposureA $49M accrual—roughly equal to a quarter of adjusted EBITDA—creates meaningful earnings and cash risk. Ongoing litigation and potential appeals could produce further payouts, cash strain, or restrictions on capital allocation, and distract management over several quarters.
Regional/Operational HeadwindsExposure to Middle East logistics and project timing has been explicitly baked into guidance, reducing near-term EBITDA. Persistent geopolitically driven disruptions and seasonal working capital swings can depress cash conversion and pressure margins across multiple quarters.
Innovex International News
INVX FAQ
What was Innovex International’s price range in the past 12 months?
Innovex International lowest stock price was $13.44 and its highest was $32.25 in the past 12 months.
What is Innovex International’s market cap?
Innovex International’s market cap is $2.12B.
When is Innovex International’s upcoming earnings report date?
Innovex International’s upcoming earnings report date is Aug 11, 2026 which is in 80 days.
How were Innovex International’s earnings last quarter?
Innovex International released its earnings results on May 04, 2026. The company reported $0.505 earnings per share for the quarter, beating the consensus estimate of $0.244 by $0.261.
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 0.29.
How many shares outstanding does Innovex International have?
Innovex International has 68,759,674 shares outstanding.
What happened to Innovex International’s price movement after its last earnings report?
Innovex International reported an EPS of $0.505 in its last earnings report, beating expectations of $0.244. Following the earnings report the stock price went down -2.699%.
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:
$31.67 (23.07% Upside)
$31.67 (23.07% 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
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.87%
12-Months-Change
Fundamentals
Return on Equity
5.03%
Trailing 12-Months
Asset Growth
7.66%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial trajectory: Innovex beat guidance, delivered margin expansion (21% adjusted EBITDA margin), generated positive free cash flow, maintained a strong balance sheet with ~$201M cash and no bank debt, executed strategic M&A (DIS) at a reasonable multiple, and won sizable Subsea awards (> $20M each). Key near-term headwinds include a material $49M legal accrual tied to patent litigation, sequential revenue and international/offshore softness (Q1 revenue -13% sequential, international/offshore -24% sequential), Middle East conflict–related disruptions and higher logistics costs, a temporary working capital build, and Q2 EBITDA guidance below Q1 levels. Overall, the highlights (operational execution, margin improvement, cash position, strategic deals, and Subsea momentum) outweigh the lowlights, though the legal exposure and regional risks are notable items to monitor.View all INVX earnings summariesINVX Stock 12 Month Forecast
Average Price Target
$31.67
▲(23.07% Upside)
Technical Analysis
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