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INNOVATE Corp. Stock Price

NYSE:VATE Community·US$62.0m Market Cap
  • 0 Narratives written by author
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  • 3 Fair Values set on narratives written by author

VATE Share Price Performance

US$4.47
0.82 (22.47%)
US$4.47
0.82 (22.47%)
Price US$4.47

VATE Community Narratives

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Recent VATE News & Updates

Innovate Corp.: A Storied Past With A Yet-Unclear Upside; Hold For Now

Feb 16

INNOVATE Corp.'s (NYSE:VATE) Shares Bounce 81% But Its Business Still Trails The Industry

Jan 22
INNOVATE Corp.'s (NYSE:VATE) Shares Bounce 81% But Its Business Still Trails The Industry

INNOVATE Corp. (NYSE:VATE) Held Back By Insufficient Growth Even After Shares Climb 81%

Jan 22
INNOVATE Corp. (NYSE:VATE) Held Back By Insufficient Growth Even After Shares Climb 81%

INNOVATE Corp. Key Details

US$995.0m

Revenue

US$809.3m

Cost of Revenue

US$185.7m

Gross Profit

US$265.4m

Other Expenses

-US$79.7m

Earnings

Last Reported Earnings
Jun 30, 2025
Next Reporting Earnings
n/a
Earnings per share (EPS)
-5.98
Gross Margin
18.66%
Net Profit Margin
-8.01%
Debt/Equity Ratio
-336.7%

INNOVATE Corp. Competitors

 
 
 
 
 
 
 
 
 
 
 
 

Snowflake Analysis

Low risk and slightly overvalued.

3 Risks
0 Rewards

About VATE

Founded
1994
Employees
3148
CEO
Paul Voigt
WebsiteView website
www.innovatecorp.com

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The Infrastructure segment provides industrial construction, structural steel, and facility maintenance services, such as fabrication and erection of structural steel and heavy steel plate services, and large-diameter water pipes and water storage tanks; fabrication of trusses and girders; and 3-D building information modeling and detailing for commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. This segment also offers solutions for digital engineering, modeling and detailing, construction, and heavy equipment installation and facility services, including maintenance, repair, and installation; and manufactures pollution control scrubbers, tunnel liners, pressure vessels, strainers, filters, separators, and various customized products. The Life Sciences segment develops products to treat early osteoarthritis of the knee; and aesthetic and medical technologies for the skin. The Spectrum segment operates over-the-air broadcasting stations across the United States. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

Market Insight

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U.S. Market Performance

  • 7 Days: 1.1%
  • 3 Months: 8.9%
  • 1 Year: 18.9%
  • Year to Date: 15.1%
The market is up 1.1% over the last week, with the Information Technology sector leading the way, up 1.9%. The market is up 19% over the last 12 months. Looking forward, earnings are forecast to grow by 15% annually. Market details ›