Should I Buy INNV? INNV 2026 Analysis

Should You Buy InnovAge Holding Corp (INNV) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

5.550

1 Day change

-2.46%

52 Week Range

6.260

Analysis Updated At

2026/01/29

InnovAge Holding Corp (INNV) is not a strong buy for a beginner, long-term investor at this time. Despite a slight price increase recently and bullish moving averages, the company's financial performance shows significant declines in net income and EPS, which are critical for long-term growth. Additionally, hedge funds are selling, and there are no significant insider or congress trading trends to indicate confidence in the stock. The lack of recent positive news or strong trading signals further supports a cautious approach.

Technical Analysis

The stock shows mixed technical indicators. The MACD is negative and expanding downward, indicating bearish momentum. RSI is neutral at 47.221, suggesting no clear overbought or oversold conditions. However, moving averages are bullish (SMA_5 > SMA_20 > SMA_200), and the stock is trading near its pivot level of 5.772, with support at 5.512 and resistance at 6.031.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

Bullish moving averages and a slight price increase of 3.45% in the last trading session.

Neutral/Negative Catalysts

Hedge funds are significantly increasing their selling activity (+105.94% last quarter). The MACD indicates bearish momentum, and there is no recent news or significant insider/congress trading activity to suggest confidence in the stock. Financial performance shows a sharp decline in net income (-262.69% YoY) and EPS (-250.00% YoY).

Financial Performance

In Q1 2026, revenue increased by 15.09% YoY to $236.1M, but net income dropped significantly by -262.69% YoY to $8.02M, and EPS fell by -250.00% YoY to 0.06. Gross margin improved to 19.6%, up 37.93% YoY, but the overall profitability metrics are concerning.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

No data on analyst ratings or price target changes is available, making it difficult to gauge Wall Street sentiment.

Analyst Rating

Wall Street analysts forecast INNV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INNV is 0 USD with a low forecast of 0 USD and a high forecast of 0 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Buy

Hold

Sell

Current: 5.690

Low

Averages

High

Current: 5.690

Low

Averages

High

JPMorgan

Underweight

initiated

AI Analysis

2025-09-18

Reason