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INVX Overview

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$
0.000
0.000(0.000%)
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0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
24.830
Open
24.310
VWAP
24.53
Vol
70.26K
Mkt Cap
1.71B
Low
24.310
Amount
1.72M
EV/EBITDA(TTM)
8.74
Total Shares
68.76M
EV
1.51B
EV/OCF(TTM)
8.42
P/S(TTM)
1.74
Innovex International, Inc. designs, manufactures, sells and rents a broad suite of well-centric, engineered products to the global oil and natural gas industry. The Company’s products are sold and rented to international oil companies, national oil companies, independent exploration and production companies and multinational service companies. The products it provides have applications across the well lifecycle for both onshore and offshore oil and natural gas wells, including well construction, well completion, and well production and intervention applications. The Company's products include subsea wellheads, subsea wellhead connectors, subsea services, surface/platform unitized systems, drilling wellheads, frac solutions, production wellheads, thermal wellheads, reamers & stabilizers, drilling enhancement tools, penetrators & connectors, surefire power charges, casing flotation subs, gas lift systems, and others.
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Events Timeline

(ET)
2026-06-15
08:00:00
Innovex International Acquires TCO Group for $95M
select
2026-05-04 (ET)
2026-05-04
16:30:00
Innovex Reports Q1 Revenue of $239M, Down 1% Year-over-Year
select
2026-05-04
16:30:00
Sees Q2 Adjusted EBITDA of $43M-$48M
select
2026-02-26 (ET)
2026-02-26
06:20:00
JPMorgan and Others Jointly Manage IPO with Price Range of $25.50 to $26.50
select

News

Newsfilter
8.5
21:42 PMNewsfilter
PinnedInnovex Completes Acquisition of TCO Group
  • Acquisition Overview: Innovex International, Inc. has completed the acquisition of TCO Group AS for a total value of $95 million, which is expected to enhance the company's profitability and positively impact earnings per share.
  • Market Expansion Opportunities: The acquisition allows Innovex to leverage its global commercial platform to expand TCO's differentiated glass barrier technologies in Norway and the UAE, potentially increasing transaction returns over time.
  • Leadership Outlook: Innovex CEO Adam Anderson expressed excitement about welcoming the TCO team, emphasizing the complementary technologies and the potential for global market expansion, indicating future growth opportunities.
  • Strategic Investment Direction: Innovex will continue to evaluate investment opportunities aligned with its small-ticket, high-impact product strategy while balancing returns available through share repurchases, demonstrating a commitment to shareholder value.
seekingalpha
8.5
06-15seekingalpha
Innovex International Acquires TCO Group for $95 Million
  • Acquisition Overview: Innovex International announced its acquisition of TCO Group in a cash and stock deal valued at $95 million, expected to close early in the third quarter of this year, thereby strengthening its presence in the important markets of Norway and the UAE.
  • TCO Group Financials: For the year ending December 31, 2025, TCO reported a net income of approximately $12 million and an adjusted EBITDA of nearly $18 million, indicating its profitability and market potential in well completion and tubing-conveyed perforating technologies.
  • Strategic Market Implications: This acquisition not only enhances Innovex's footprint in Norway and the UAE but also positions the company to capitalize on significant long-term growth opportunities, particularly as demand in the Middle East continues to rise.
  • Future Financial Outlook: Innovex expects Q2 2026 revenue to range between $235 million and $245 million, with adjusted EBITDA projected at $43 million to $48 million, reflecting strong financial performance despite disruption costs in the Middle East.
Newsfilter
8.5
06-15Newsfilter
Innovex Acquires TCO Group in $95 Million Deal
  • Acquisition Overview: Innovex International, Inc. has announced the acquisition of TCO Group in a cash and stock transaction valued at $95 million, expected to close in early Q3 2026, aligning with Innovex's disciplined M&A framework focused on mission-critical products.
  • Financial Performance Insight: TCO reported a net income of approximately $12 million and an Adjusted EBITDA of about $18 million for 2025, with the transaction valuing TCO at approximately 5.4 times its 2025 Adjusted EBITDA, which is expected to positively impact Innovex's EPS.
  • Strategic Market Alignment: This acquisition strengthens Innovex's presence in Norway and the UAE, identified as key markets with significant long-term growth opportunities, demonstrating Innovex's commitment to enhancing its market leadership through strategic acquisitions.
  • Technology and Talent Integration: TCO's technological depth and proven execution will combine with Innovex's broad complementary portfolio, creating a stronger platform to redefine well technology and enhance operational efficiency for customers.
CNBC
6.0
06-08CNBC
Latest Wall Street Ratings Overview
  • BofA Upgrades Brown-Forman: Bank of America upgraded Brown-Forman from underperform to neutral, citing better-than-expected Q4/FY26 results and consistent sales delivery, indicating a more constructive outlook that could enhance market performance.
  • Goldman Sachs Upgrades W.R. Berkley: Goldman Sachs upgraded W.R. Berkley from neutral to buy, believing that sustainable underwriting activity will yield long-term benefits for investors, reflecting stability and growth potential in the insurance sector.
  • Morgan Stanley Initiates Cerebras: Morgan Stanley initiated coverage on Cerebras with an overweight rating, highlighting unique demand for low-latency inference solutions that is driving growth, with projected revenues of $6 billion by 2028 indicating a strong market outlook.
  • UBS Upgrades Cummins: UBS upgraded Cummins from neutral to buy and raised the price target to $850, anticipating double-digit growth in its power division and the rollout of new engines to drive earnings growth over the next two years.
seekingalpha
9.5
05-05seekingalpha
Innovex International Q1 2026 Earnings Highlights
  • Revenue Beat: Innovex International reported Q1 2026 revenue of $239 million, exceeding the high end of guidance, with adjusted EBITDA of $49 million and a margin of 21%, reflecting strong operational execution in a challenging environment.
  • Project Awards and Deliveries: The company secured two significant project awards in Asia, each valued over $20 million, and successfully delivered its first Subsea wellhead order in Southeast Asia, enhancing its competitive position in the region.
  • Acquisition and Legal Risks: Innovex completed the acquisition of Drilling Innovative Solutions for $16 million, which is expected to yield synergies, but also recorded a $49 million legal accrual related to patent infringement litigation, potentially impacting future financial results.
  • Cautious Outlook: Management anticipates Q2 2026 revenue in the range of $235 million to $245 million, acknowledging potential sales disruptions and rising costs due to ongoing conflicts in the Middle East, yet remains confident in long-term margin improvement prospects.
seekingalpha
9.5
05-04seekingalpha
Innovexpress Reports Q1 2026 Financial Results with Revenue Beat
  • Financial Highlights: Innovexpress reported a Q1 2026 GAAP EPS of -$0.24, with revenue of $239 million, a slight 0.4% year-over-year decline, yet beating expectations by $12 million, demonstrating resilience in challenging market conditions.
  • Adjusted EBITDA Performance: The company achieved an adjusted EBITDA of $49 million with a margin of 21%, indicating significant progress in cost control and operational efficiency, which strengthens the foundation for future profitability.
  • Cash Flow Position: At quarter-end, Innovexpress had $201 million in cash and cash equivalents with no bank debt, generating $20 million in net cash from operating activities and $14 million in free cash flow, showcasing robust financial health.
  • Future Outlook: For Q2 2026, Innovexpress expects total revenue between $235 million and $245 million, with adjusted EBITDA projected at $43 million to $48 million, reflecting the company's confidence in future growth and positive market demand.
Wall Street analysts forecast INVX stock price to rise
2 Analyst Rating
Wall Street analysts forecast INVX stock price to rise
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
20.00
Averages
23.50
High
27.00
Current: 0.000
sliders
Low
20.00
Averages
23.50
High
27.00
Piper Sandler
Overweight
maintain
$33 -> $34
AI Analysis
2026-05-18
Reason
Piper Sandler
Price Target
$33 -> $34
AI Analysis
2026-05-18
maintain
Overweight
Reason
Piper Sandler raised the firm's price target on Innovex to $34 from $33 and keeps an Overweight rating on the shares. Looking back on Q1 earnings season, the firm notes the Energy Security theme clearly dominated managements' messaging, a term used 30 times across the seven Diversifieds. Importantly, the set-up for the group remains positive as cyclical convergence continues to progress as U.S. Land, International, and Offshore are all moving in the right direction, Piper adds.
Barclays
Eddie Kim
Equal Weight
maintain
$24 -> $26
2026-05-07
Reason
Barclays
Eddie Kim
Price Target
$24 -> $26
2026-05-07
maintain
Equal Weight
Reason
Barclays analyst Eddie Kim raised the firm's price target on Innovex to $26 from $24 and keeps an Equal Weight rating on the shares. The firm adjusted ratings and price targets in the energy services group, saying the sector faces its best setup in 20 years. Barclays upgraded is industry view to Positive from Neutral. Once the "supply shock" ends, oil prices will be structurally higher with upstream spending accelerating in 2027 and 2028, the analyst tells investors in a research note. Barclays sees this driving an earnings revision cycle and potential re-rating of stocks. The events in the Middle East will result in structurally higher oil prices and an ensuing multi-year upstream spending cycle to drive outperformance of the energy services sector, according to Barclays. The firm upgraded six names and downgraded two
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for INVX
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Valuation Metrics

The current forward P/E ratio for Innovex International Inc (INVX.N) is 0.00, compared to its 5-year average forward P/E of 14.76. For a more detailed relative valuation and DCF analysis to assess Innovex International Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
14.76
Current PE
0.00
Overvalued PE
18.49
Undervalued PE
11.03

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
6.69
Current EV/EBITDA
7.44
Overvalued EV/EBITDA
8.71
Undervalued EV/EBITDA
4.67

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.32
Current PS
1.53
Overvalued PS
1.73
Undervalued PS
0.91

Financials

AI Analysis
Annual
Quarterly

Whales Holding INVX

B
Brandes Investment Partners, LP
Holding
INVX
-1.88%
3M Return

Trading Trends

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Frequently Asked Questions

What is Innovex International Inc (INVX) stock price today?

The current price of INVX is 24.45 USD — it has decreased -1.41

What is Innovex International Inc (INVX)'s business?

Innovex International, Inc. designs, manufactures, sells and rents a broad suite of well-centric, engineered products to the global oil and natural gas industry. The Company’s products are sold and rented to international oil companies, national oil companies, independent exploration and production companies and multinational service companies. The products it provides have applications across the well lifecycle for both onshore and offshore oil and natural gas wells, including well construction, well completion, and well production and intervention applications. The Company's products include subsea wellheads, subsea wellhead connectors, subsea services, surface/platform unitized systems, drilling wellheads, frac solutions, production wellheads, thermal wellheads, reamers & stabilizers, drilling enhancement tools, penetrators & connectors, surefire power charges, casing flotation subs, gas lift systems, and others.

What is the price predicton of INVX Stock?

Wall Street analysts forecast INVX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INVX is23.50 USD with a low forecast of 20.00 USD and a high forecast of 27.00 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.

What is Innovex International Inc (INVX)'s revenue for the last quarter?

Innovex International Inc revenue for the last quarter amounts to 239.03M USD, decreased -0.58

What is Innovex International Inc (INVX)'s earnings per share (EPS) for the last quarter?

Innovex International Inc. EPS for the last quarter amounts to -0.24 USD, decreased -214.29

How many employees does Innovex International Inc (INVX). have?

Innovex International Inc (INVX) has 2160 emplpoyees as of July 01 2026.

What is Innovex International Inc (INVX) market cap?

Today INVX has the market capitalization of 1.71B USD.