Innovex International (NYSE:INVX) Price Target Raised to $36.00

Posted by Brenda Bartman on Aug 29th, 2026

Innovex International (NYSE:INVX – Free Report) had its price objective raised by Citigroup from $35.00 to $36.00 in a research note released on Wednesday morning,Benzinga reports. Citigroup currently has a buy rating on the stock.

Other equities research analysts have also recently issued research reports about the company. Barclays increased their price objective on Innovex International from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 11th. Zacks Research cut Innovex International from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 17th. Weiss Ratings upgraded Innovex International from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, August 6th. Piper Sandler upped their target price on Innovex International from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Jefferies Financial Group raised Innovex International to a “strong-buy” rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.75.

Check Out Our Latest Report on Innovex International

Innovex International Stock Performance

Shares of NYSE:INVX opened at $30.10 on Wednesday. The company has a market cap of $2.11 billion, a price-to-earnings ratio of 33.82 and a beta of 0.83. The company has a 50-day moving average price of $27.24 and a 200-day moving average price of $26.84. The company has a current ratio of 5.01, a quick ratio of 3.32 and a debt-to-equity ratio of 0.02. Innovex International has a 12 month low of $16.29 and a 12 month high of $33.71.

Innovex International (NYSE:INVX – Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.05. Innovex International had a net margin of 6.17% and a return on equity of 7.12%. The company had revenue of $244.90 million during the quarter, compared to analyst estimates of $241.58 million. As a group, equities analysts anticipate that Innovex International will post 1.44 EPS for the current year.

Insider Transactions at Innovex International

In related news, Director Co-Invest Fund L.P. Innovex sold 4,954,467 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $28.71, for a total value of $142,242,747.57. Following the completion of the transaction, the director directly owned 311 shares in the company, valued at $8,928.81. This trade represents a 99.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Mark Reddout sold 10,000 shares of Innovex International stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $30.00, for a total transaction of $300,000.00. Following the transaction, the insider directly owned 124,312 shares of the company’s stock, valued at approximately $3,729,360. This trade represents a 7.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,975,217 shares of company stock valued at $286,393,748 in the last three months. 34.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Innovex International

Hedge funds and other institutional investors have recently bought and sold shares of the business. Freestone Grove Partners LP purchased a new position in shares of Innovex International during the second quarter valued at approximately $43,000. Strs Ohio bought a new stake in shares of Innovex International in the 4th quarter worth approximately $44,000. USA Financial Formulas bought a new stake in shares of Innovex International in the 1st quarter worth approximately $53,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Innovex International in the 4th quarter worth approximately $55,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of Innovex International by 418.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,523 shares of the company’s stock worth $55,000 after buying an additional 2,843 shares during the last quarter.

Innovex International Company Profile

(Get Free Report)

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.