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Innovex International (INVX)
NYSE:INVX
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Innovex International (INVX) Price & Analysis

96 Followers

INVX Stock Chart & Stats

$30.11
-$0.30(-1.12%)
At close: 4:00 PM EDT
$30.11
-$0.30(-1.12%)

Bulls Say, Bears Say

Bulls Say
Strong Balance SheetLow leverage and more than $1B of equity give Innovex substantial resilience through industry cycles. This financial capacity can support acquisitions, investment and working-capital needs without relying heavily on external debt, preserving strategic flexibility.
Healthy Cash GenerationStrong current cash generation gives Innovex internal funding for growth and capital deployment. The 63% conversion of adjusted EBITDA to free cash flow, combined with cash and no bank debt, supports resilience while leaving room for disciplined M&A.
Subsea And International GrowthMeaningful international and subsea wins broaden the company’s growth platform and improve order visibility. New deployments and market-share gains can reinforce differentiated technology positioning, while TCO adds a complementary, capital-light business to the portfolio.
Bears Say
Margin CompressionMargin compression from prior highs signals that revenue growth is not translating fully into incremental profitability. If the lower margin profile persists, it could constrain earnings expansion and reduce the returns generated from future growth and acquisitions.
Variable Cash ConversionTTM free cash flow remains positive and healthy, but its negative growth and history of weaker or negative conversion show that cash generation can vary materially. That cyclicality may make internally funded investment and shareholder returns less predictable.
ROCE Below TargetROCE of 12% is below management’s high-teens target, indicating capital is not yet being employed at the efficiency level expected over time. This gap can limit value creation from the asset base and makes integration and growth execution more important.

Innovex International News

INVX FAQ

What was Innovex International’s price range in the past 12 months?
Innovex International lowest stock price was $17.01 and its highest was $33.71 in the past 12 months.
    What is Innovex International’s market cap?
    Innovex International’s market cap is $1.88B.
      When is Innovex International’s upcoming earnings report date?
      Innovex International’s upcoming earnings report date is Nov 05, 2026 which is in 27 days.
        How were Innovex International’s earnings last quarter?
        Innovex International released its earnings results on Aug 03, 2026. The company reported $0.317 earnings per share for the quarter, beating the consensus estimate of $0.306 by $0.011.
          Is Innovex International overvalued?
          According to Wall Street analysts Innovex International’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            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 0.39.
              How many shares outstanding does Innovex International have?
              Innovex International has 69,935,830 shares outstanding.
                What happened to Innovex International’s price movement after its last earnings report?
                Innovex International reported an EPS of $0.317 in its last earnings report, beating expectations of $0.306. Following the earnings report the stock price went up 11.767%.
                  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

                    Company Description

                    Innovex International

                    Innovex International, Inc. designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide. It provides drilling enhancement tools to optimize drilling performance, increase rate of penetration, and mitigate downhole challenges; and fishing and intervention which supports workover, intervention, drilling and completion activities, as well as manufactures and sells products including external catch tools, internal catch tools, and other related fishing and remedial tools. The company also offers well production solutions comprising products and services that enable artificial lift in wells and provides artificial lift accessory products and services, as well as wellhead penetrators, tubing hangers and adapters, ESP cable management, and spooling services; service, mileage, and others; subsea equipment and engineered systems for offshore applications, including subsea wellheads, subsea connectors, casing connectors, deepwater centralization solutions, and diverter systems; and surface wellhead systems. In addition, it provides well completion portfolio comprising products used to enable a well to be stimulated and put on production, such as liner hanger systems, toe initiation products, frac plugs, completion packers, casing flotation products, and related completion accessories; and well construction portfolio that consists of products designed to ensure the structural integrity of the wellbore. Further, the company offers products utilized to support effective cement placement between the wellbore and casing. It sells and rents its products to international and national oil companies, independent exploration and production companies, and multinational service companies. Its products have applications in the onshore and offshore oil and natural gas wells, including well construction, well completion, and well production and intervention. The company was founded in 2016 and is headquartered in Humble, Texas.

                    Innovex International (INVX) Earnings & Revenues

                    INVX Company Deck

                    INVX Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call emphasized multiple commercial wins (subsea awards, Mexico momentum), successful product deployments, a completed strategic acquisition (TCO), strong free cash flow and a clean balance sheet, and an encouraging Q3 guide — all outweighing the modest margin compression, Canada seasonality, logistic headwinds from the Middle East conflict, and project timing variability. Management expects further margin improvement through integration benefits, revenue mix shifts and operational efficiencies.View all INVX earnings summaries

                    INVX Stock 12 Month Forecast

                    Average Price Target

                    $32.67
                    ▲(8.49% Upside)
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                    Ownership Overview

                    52.35%16.18%<0.01%6.79%
                    52.35% Insiders
                    <0.01% Other Institutional Investors
                    6.79% Public Companies and
                    Individual Investors
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