Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Innovex International ( (INVX) ) has shared an announcement.
On May 14, 2025, Innovex International, Inc. held its Annual Meeting of Stockholders where several key proposals were approved. The stockholders approved the 2025 Long-Term Incentive Plan, which allows for the issuance of up to 5,000,000 shares of common stock, and an amendment to the company’s Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 100,000,000 to 200,000,000. Additionally, the election of directors, the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm, and an advisory vote on executive compensation were also ratified. These decisions are expected to impact the company’s operations by expanding its capacity for stock issuance and strengthening its governance structure.
The most recent analyst rating on (INVX) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Innovex International stock, see the INVX Stock Forecast page.
Spark’s Take on INVX Stock
According to Spark, TipRanks’ AI Analyst, INVX is a Outperform.
Innovex International’s overall stock score reflects its strong financial performance, attractive valuation, and strategic corporate events. However, the score is moderated by bearish technical indicators and challenges highlighted in the earnings call, such as international market weaknesses and U.S. market uncertainties.
To see Spark’s full report on INVX stock, click here.
More about Innovex International
Innovex International, Inc. operates in the industry of providing long-term incentive plans and is focused on increasing its authorized shares of common and capital stock.
Average Trading Volume: 406,782
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.05B
Learn more about INVX stock on TipRanks’ Stock Analysis page.