Innovex International, Inc.

NYSE:INVX Stock Report

Market Cap: US$1.8b

Innovex International Future Growth

Future criteria checks 3/6

Innovex International is forecast to grow earnings and revenue by 20.5% and 6.9% per annum respectively. EPS is expected to grow by 20% per annum. Return on equity is forecast to be 11.1% in 3 years.

Key information

20.5%

Earnings growth rate

19.95%

EPS growth rate

Energy Services earnings growth20.5%
Revenue growth rate6.9%
Future return on equity11.13%
Analyst coverage

Low

Last updated24 Jun 2026

Recent future growth updates

Recent updates

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...
Seeking Alpha Oct 22

Innovex Remains Reasonably Valued, Despite Its Strong Rally

Summary Innovex International has surged 31% YTD, outperforming the S&P 500 and XLE, yet remains reasonably valued with strong growth prospects. INVX's acquisition of Citadel enhances its product portfolio and is expected to be 8% accretive to EPS, supporting international expansion and resilience to oil price declines. A pristine balance sheet with net cash and no net debt strengthens INVX's ability to weather industry cycles and pursue further growth through acquisitions. Despite sector headwinds, INVX trades at 14.9x forward earnings with a projected 32% upside to a $24 price target over three years, warranting continued holding. Read the full article on Seeking Alpha
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...

Earnings and Revenue Growth Forecasts

NYSE:INVX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281,1621801542823
12/31/20271,1001571402553
12/31/20261,006115672153
3/31/202697752146180N/A
12/31/202597883156191N/A
9/30/2025955101141175N/A
6/30/2025867144125148N/A
3/31/202577313994112N/A
12/31/20246611408093N/A
9/30/20245431277178N/A
6/30/2024531607889N/A
3/31/2024542706477N/A
12/31/2023556746076N/A
9/30/2023550703960N/A
12/31/202246763-15-6N/A
12/31/202129510-8-2N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: INVX's forecast earnings growth (20.5% per year) is above the savings rate (3.5%).

Earnings vs Market: INVX's earnings (20.5% per year) are forecast to grow faster than the US market (17.7% per year).

High Growth Earnings: INVX's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: INVX's revenue (6.9% per year) is forecast to grow slower than the US market (12.6% per year).

High Growth Revenue: INVX's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INVX's Return on Equity is forecast to be low in 3 years time (11.1%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/20 20:39
End of Day Share Price 2026/07/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 world class team 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.

AnalystInstitution
Sungeun KimBarclays
Scott GruberCitigroup Inc
James WestEvercore ISI