Innovex International (INVX) Stock Overview
Designs, manufactures, sells, and rents mission critical engineered products to the oil and natural gas industry worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
INVX Community Fair Values
Create NarrativeSee what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Innovex International, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$30.13 |
| 52 Week High | US$33.71 |
| 52 Week Low | US$16.40 |
| Beta | 1.07 |
| 1 Month Change | -3.55% |
| 3 Month Change | 12.64% |
| 1 Year Change | 81.18% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 89.74% |
Recent News & Updates
Narrative Update • Sep 05
INVX: Subsea Margin Reset And Alliance Ramp Will Support Future Repricing
Analysts have raised their fair value estimate for Innovex International to $36 from $35, citing slightly stronger assumptions for revenue growth, profit margins and future P/E, together with recent upward revisions to Street price targets. Analyst Commentary Recent research on Innovex International points to a generally constructive tone from bullish analysts, with higher price targets and fresh coverage supporting the updated fair value estimate.Seeking Alpha • Aug 31
Innovex International: Distribution Arbitrage Is Creating A Higher-Quality Oilfield Business
Summary Innovex is transitioning from a cyclical equipment supplier to a capital-light consolidator leveraging global distribution for niche well technologies. Recent acquisitions, notably TCO Group and DIS, validate the cross-selling model, driving accretive EPS and high-margin consumable growth within INVX’s expanding international footprint. Q2 2026 saw 9% revenue growth, a 2.2-point gross margin improvement, and robust free cash flow, with management guiding for further margin expansion and EBITDA growth in Q3. Risks include integration execution, subsea project volatility, and unresolved Impulse litigation, but INVX’s strong balance sheet and disciplined M&A provide resilience and upside optionality. Read the full article on Seeking AlphaNarrative Update • Aug 22
INVX: Subsea Margin Reset And Alliance Ramp Will Drive Future Upside
Innovex International's analyst price target has edged higher, with recent moves such as Barclays lifting its target to $27 from $26 and Jefferies initiating at $34, as analysts point to potential margin improvement from self help efforts and the OneSubsea alliance ramp as key supports for the updated view. Analyst Commentary Recent research on Innovex International highlights a more constructive tone, with bullish analysts pointing to specific operational drivers that they see as meaningful for margins and overall execution quality.
Narrative Update • Aug 07
INVX: Fair Value Hinges On 2026 Margin Shift And Offshore Cycle
Analysts have nudged their fair value estimate for Innovex International to $26.00 per share. This view is supported by recent Street research that highlights expected margin improvement from self help initiatives, a shift away from low margin subsea backlog, and ongoing strength across U.S. land, international, and offshore activity.Recent updates
Narrative Update • Sep 05
INVX: Subsea Margin Reset And Alliance Ramp Will Support Future Repricing
Analysts have raised their fair value estimate for Innovex International to $36 from $35, citing slightly stronger assumptions for revenue growth, profit margins and future P/E, together with recent upward revisions to Street price targets. Analyst Commentary Recent research on Innovex International points to a generally constructive tone from bullish analysts, with higher price targets and fresh coverage supporting the updated fair value estimate.Seeking Alpha • Aug 31
Innovex International: Distribution Arbitrage Is Creating A Higher-Quality Oilfield Business
Summary Innovex is transitioning from a cyclical equipment supplier to a capital-light consolidator leveraging global distribution for niche well technologies. Recent acquisitions, notably TCO Group and DIS, validate the cross-selling model, driving accretive EPS and high-margin consumable growth within INVX’s expanding international footprint. Q2 2026 saw 9% revenue growth, a 2.2-point gross margin improvement, and robust free cash flow, with management guiding for further margin expansion and EBITDA growth in Q3. Risks include integration execution, subsea project volatility, and unresolved Impulse litigation, but INVX’s strong balance sheet and disciplined M&A provide resilience and upside optionality. Read the full article on Seeking AlphaNarrative Update • Aug 22
INVX: Subsea Margin Reset And Alliance Ramp Will Drive Future Upside
Innovex International's analyst price target has edged higher, with recent moves such as Barclays lifting its target to $27 from $26 and Jefferies initiating at $34, as analysts point to potential margin improvement from self help efforts and the OneSubsea alliance ramp as key supports for the updated view. Analyst Commentary Recent research on Innovex International highlights a more constructive tone, with bullish analysts pointing to specific operational drivers that they see as meaningful for margins and overall execution quality.Narrative Update • Aug 07
INVX: Fair Value Hinges On 2026 Margin Shift And Offshore Cycle
Analysts have nudged their fair value estimate for Innovex International to $26.00 per share. This view is supported by recent Street research that highlights expected margin improvement from self help initiatives, a shift away from low margin subsea backlog, and ongoing strength across U.S. land, international, and offshore activity.Narrative Update • Jul 24
INVX: Subsea Margin Shift And Offshore Ramp Will Drive Future Upside
Analysts have lifted the consensus price target for Innovex International to $35, supported by expectations for gradually higher revenue growth, slightly stronger profit margins, and a modestly lower forward P/E as recent research highlights potential margin improvement and solid subsea and offshore contributions. Analyst Commentary on Innovex International Recent research on Innovex International points to a cluster of supportive views around the stock, with several bullish analysts highlighting potential margin improvement, healthier subsea economics, and a balanced setup across U.S. land, international, and offshore markets.Narrative Update • Jul 10
INVX: Subsea Margin Shift And TCO Integration Will Support Future Upside
Analysts have raised their consolidated price target for Innovex International to $35.00. This update reflects revised views on the company’s margin outlook, revenue trajectory, and long term P/E potential, informed by recent research initiations and target revisions across the Street.New Narrative • Jul 07
Offshore Project Delays And Legal Risks Will Challenge Operations Yet Offer Long-Term Upside
Catalysts About Innovex International Innovex International provides oilfield equipment and technology focused on completions, Subsea systems and production accessories across U.S. land, offshore and international markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Jun 26
INVX: Subsea Margin Shift And TCO Deal Will Drive Future Upside
Analysts have raised their price target for Innovex International to $34, citing expectations for stronger subsea contributions, a gradually improving margin profile related to self-help efforts, and a more supportive offshore project environment. Analyst Commentary Recent research on Innovex International points to a constructive view on the stock, with several bullish analysts emphasizing improving margins, a clearer path on subsea earnings contributions, and a supportive offshore project pipeline.
New Narrative • Jun 22
Offshore And Subsea Expansion Will Support Higher Margin Work Over The Coming Years
Catalysts About Innovex International Innovex International provides oilfield products and services that support well construction, completions and production across onshore and offshore markets. What are the underlying business or industry changes driving this perspective?New Narrative • Jun 08
Subsea Growth And Capital Light Model Will Support Stronger Long Term Earnings Power
Catalysts About Innovex International Innovex International provides oilfield technologies and services focused on well construction, completions, and Subsea solutions across U.S. land, offshore, and international markets. What are the underlying business or industry changes driving this perspective?Analysis Article • May 13
There May Be Some Bright Spots In Innovex International's (NYSE:INVX) Earnings
Shareholders appeared unconcerned with Innovex International, Inc.'s ( NYSE:INVX ) lackluster earnings report last...Analysis Article • Jan 03
Innovex International (NYSE:INVX) Is Reinvesting At Lower Rates Of Return
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...Analysis Article • Nov 16
Innovex International, Inc. (NYSE:INVX) Surges 26% Yet Its Low P/E Is No Reason For Excitement
Despite an already strong run, Innovex International, Inc. ( NYSE:INVX ) shares have been powering on, with a gain of...Analysis Article • Nov 11
We Think That There Are More Issues For Innovex International (NYSE:INVX) Than Just Sluggish Earnings
The subdued market reaction suggests that Innovex International, Inc.'s ( NYSE:INVX ) recent earnings didn't contain...Analysis Article • Sep 10
Innovex International (NYSE:INVX) Has A Rock Solid Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Apr 09
Innovex International, Inc. (NYSE:INVX) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Innovex International, Inc. ( NYSE:INVX ) shareholders won't be pleased to see that the share price has had a very...Analysis Article • Mar 10
There May Be Underlying Issues With The Quality Of Innovex International's (NYSE:INVX) Earnings
Innovex International, Inc. ( NYSE:INVX ) just reported some strong earnings, and the market reacted accordingly with a...Analysis Article • Dec 21
Benign Growth For Innovex International, Inc. (NYSE:INVX) Underpins Stock's 26% Plummet
Innovex International, Inc. ( NYSE:INVX ) shareholders that were waiting for something to happen have been dealt a blow...Analysis Article • Dec 09
Is Innovex International (NYSE:INVX) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Shareholder Returns
| INVX | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 0.2% | -2.8% | -0.9% |
| 1Y | 81.2% | 58.7% | 13.9% |
Return vs Industry: INVX exceeded the US Energy Services industry which returned 58.7% over the past year.
Return vs Market: INVX exceeded the US Market which returned 13.9% over the past year.
Price Volatility
| INVX volatility | |
|---|---|
| INVX Average Weekly Movement | 6.5% |
| Energy Services Industry Average Movement | 7.4% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: INVX has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: INVX's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 2,160 | Adam Anderson | www.innovex-inc.com |
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.
Innovex International, Inc. Fundamentals Summary
| INVX fundamental statistics | |
|---|---|
| Market cap | US$2.11b |
| Earnings (TTM) | US$61.56m |
| Revenue (TTM) | US$997.53m |
34.2x
P/E Ratio2.1x
P/S RatioIs INVX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| INVX income statement (TTM) | |
|---|---|
| Revenue | US$997.53m |
| Cost of Revenue | US$674.32m |
| Gross Profit | US$323.21m |
| Other Expenses | US$261.66m |
| Earnings | US$61.56m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.88 |
| Gross Margin | 32.40% |
| Net Profit Margin | 6.17% |
| Debt/Equity Ratio | 0% |
How did INVX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/14 07:42 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Innovex International, Inc. is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sungeun Kim | Barclays |
| Scott Gruber | Citigroup Inc |
| James West | Evercore ISI |