NYSE: INVX

Innovex International (INVX) Stock Analysis & Forecast

Oct 12 close

$28.54+0.48 (+1.7%)

Gekko Brief

AI summaryOct 12 close

Innovex International climbed 6.1% to $28.97 on 5 October amid a sector-wide rally that also lifted peers AESI, XPRO and RES, pointing to broad investor interest in oilfield services names rather than company-specific news. Separately, coverage comparing Innovex to Select Water Solutions (WTTR) weighed institutional ownership, analyst recommendations, dividends, profitability and earnings between the two.

Shares closed at $28.54, up 1.7%, sitting between the 50-day average of $29.20 and the 200-day average of $26.76, reflecting a mixed trend picture. The GekkoIndex reads 59.3, placing the stock in the Neutral zone, down 2.3 over the last five sessions. Price stands 7.5% above Gekko Fair Value of $26.55. Over the past year shares are up 56%, though the one-month return is -5.3%.

Innovex next reports earnings on 2 November 2026, after the close, 20 days out and inside a typical 20-trading-day holding window; the last print on 3 August showed EPS of $0.36 against an estimate of $0.30, with a 12.6% reaction, and six beats across the last eight quarters, with an average absolute reaction of 6.1%. Over the last 90 days insiders recorded zero open-market purchases against one sale. Analyst coverage from three firms shows two buy ratings and one hold, with a consensus target of $33.40, representing 17% upside from current levels.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Innovex International price vs fair value

$28.54$26.55Oct ’25Apr ’26Oct ’26
Close $28.54200-day averageGekko Fair Value $26.55

Innovex International quick facts

Market cap
$1.99B
P/E ratio
31
Forward P/E
—
EPS, TTM
$0.89
Revenue, TTM
$997.5M
Profit margin
6.2%
Dividend yield
—
Beta
1.15
Volume
355,115 avg 710,122
1-year return
+56.0%
Typical daily move
±3.3%
Typical 20-day move
±7%
50-day average
$29.20
200-day average
$26.76
Next earnings
Nov 2 after close
Shares outstanding
69.94M
52-week range
$17.01$33.71

Innovex International swing-trade checklist

Innovex International scores 0 supportive, 2 mixed and 3 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

0 supportive2 mixed3 headwinds

  • Trendmixed

    Averages disagree

    Close $28.54 sits between the 50-day ($29.20) and 200-day ($26.76) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    59.3, Neutral

    Reading 59.3 is in the Neutral zone.

    See the GekkoIndex
  • Fair valueheadwind

    7.5% above

    Price is 7.5% above Gekko Fair Value (more than 5% above).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 90 days: insiders 0 open-market purchases / 1 sale.

    See smart money
  • Earnings riskheadwind

    Reports in 21 days

    Reports on Nov 2, 2026, 21 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityno data

    No data

    Not enough years of history for a seasonal read.

A description of current data, not a recommendation. How this page works

Innovex International stock chart and price history

Innovex International closed at $28.54 on Oct 12, 2026, +56.0% over the past year, inside a 52-week range of $17.01 to $33.71.

Close50-day average200-day averageVolume
Innovex International share price, past year, with 50-day and 200-day moving averages and volume$20$25$30NovDecJan 2026FebMarAprMayJunJulAugSepOct28.54

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−5.3%
3 months
+11.0%
6 months
+8.2%
1 year
+56.0%
The full INVX chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open INVX in Gekko

Follow Innovex International through every session

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About Innovex International

Innovex International builds, markets, and leases equipment that oil and gas producers rely on to keep wells running safely and efficiently. Its catalog covers tools that improve drilling speed and handle downhole complications, as well as gear used in fishing and intervention jobs tied to workovers, drilling, and completions. The company also supplies artificial lift systems, wellhead hardware, and subsea components for offshore projects, along with surface wellhead systems and tools that support cementing and structural integrity of the wellbore.

Beyond drilling and production equipment, Innovex International offers a line of completion products, including liner hangers, frac plugs, and packers, that help bring a well into production. Its clients range from major international and national oil companies to independent producers and large multinational service firms, who either buy the equipment outright or rent it depending on the job. The products serve both onshore and offshore operations across drilling, completion, and production stages.

The company traces its origins to 2016 and operates out of Humble, Texas. Its stock trades on the NYSE under the ticker INVX.

Listed
NYSE
Sector
Industrial services
Industry
Oilfield services/Equipment
Website
innovex-inc.com

Innovex International GekkoIndex: the smart money zone

Innovex International’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 59.3, in the Neutral zone, down 2.3 points over five sessions.

010059.3Neutral

Down 2.3 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying19+3.9%+9.8%+18.7%+26.5%
Accumulation111+1.4%+3.2%+6.6%+11.5%
Neutral (current zone)362+0.9%+1.2%+1.8%+6.4%
Distribution40−3.7%−5.7%−4.3%−2.5%
Selling4Too few readings yet

Average INVX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the INVX price, zone by zone.Track INVX in Gekko

Is Innovex International stock overvalued? Gekko Fair Value

Innovex International trades 7.5% above Gekko Fair Value of $26.55, so the shares are overvalued on Gekko’s estimate.

Gekko’s own estimate of what Innovex International shares are worth, recalculated every trading day.

$26.55

Gekko Fair Value, Oct 10, 2026

7.5% Overvalued

At the end of Aug 2026 the price was 17.5% above the estimate.

Gekko Fair ValueShare price, month end
$27$28Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open INVX in Gekko

Innovex International insider and Congress trading

No open-market insider purchases were filed for Innovex International, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

1 sale worth $1.31M

FiledInsiderTypeSharesValue
Aug 10INNOVEX CO-INVEST FUND, L.P. / Innovex Co-Invest Fund GP, L.P. / Interval Capital Associates II, LLC / Intervale Capital Associates III, LLC / Intervale Capital Fund II, L.P. / Intervale Capital Fund II-A, L.P. / Intervale Capital Fund III, L.P. / Interva
Director, 10% Owner
Sale45,533$1.31M

From Form 4 filings, dated to when each was filed.

Congress trades last 90 days

No trades in INVX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for INVX, plotted on the chart in Gekko.Open INVX in Gekko

Buybacks

Innovex International has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$14.13M
As a share of market cap
0.71%

From company filings.

Innovex International earnings: next date and track record

Innovex International reports on Nov 2, 2026, after the close (21 days away), and beat the EPS estimate in 6 of its last 8 reports.

6 of 8reports beat the EPS estimate
±6.1%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

−0.8%Nov ’24+14.2%Feb ’25+0.9%May ’25+0.7%Aug ’25−2.3%Nov ’25+13.5%Feb ’26−3.6%May ’26+12.6%Aug ’26

Last earnings call, Aug 3, 2026 AI summary

What they said
Innovex reported an excellent Q2 2026 with revenue of $245M (up 9% YoY, +2% sequential) and adjusted EBITDA of $48M (20% margin), both at the high end of guidance. Management highlighted improving activity in international markets, growing commercial momentum in subsea, strong free cash flow, and the completed acquisition of TCO Group (closed July 1) which adds differentiated, capital-light laminated glass plug technology. Management reiterated focus on converting technology and platform advantages into consistent profitable growth, noted continued market share gains in North America land and growing positions in Mexico, Saudi, Brazil, Norway, and UAE, and emphasized a robust offshore pipeline (including $60–$80M of Asia projects expected to ramp next year). Financial and operational priorities include completing remaining Dril-Quip integrations (ERP conversion later this year), exiting Eldridge (completed), disciplined capital allocation, and cross-selling opportunities from TCO. Q&A addressed Canadian seasonality, tariff refunds (modest/immaterial), Middle East logistics headwinds (~$1.5M freight impact), TCO contribution expectations, and demand trends in NAM land and subsea.
Guidance
Q3 2026 guidance baked in: $15 million revenue and ~$3 million adjusted EBITDA contribution from TCO (full quarter). Implied Q3 legacy Innovex revenue of about $250 million (implying ~ $265 million total revenue including TCO). Management expects consistent adjusted EBITDA north of 20% post-exit of Eldridge. Subsea awards are expected to support attractive growth over the next 1–2 years. Management expects relatively flat Middle East Q3 vs Q2, and growth in North America land in Q3 (seasonal rebound in Canada and rig additions in U.S. land).
Risks flagged
Middle East conflict and associated logistics/freight cost headwinds (~$1.5M impact in Q2 and continued drag in Q3), project timing variability in international/offshore (quarter-to-quarter revenue variability), tariff uncertainty (Section 232 steel tariffs not included in refund programs), seasonality in Canada impacting NAM land results, and general macro/industry activity slowdown that can affect demand.
ReportedEPSSurpriseRevenueSurpriseMove
Aug 3, 2026$0.36
est $0.30
+20.0%$244.9M
est $241.6M
+1.4%+12.6%
May 4, 2026$0.34
est $0.25
+36.0%$239.0M
est $227.5M
+5.1%−3.6%
Feb 23, 2026$0.24
est $0.31
−20.2%$273.6M
est $240.4M
+13.8%+13.5%
Nov 3, 2025$0.23
est $0.29
−20.7%$240.0M
est $240.0M
0.0%−2.3%
Aug 5, 2025$0.65
est $0.28
+132.1%$224.2M
est $227.0M
−1.2%+0.7%
May 6, 2025$0.65
est $0.32
+103.1%$240.4M
est $247.7M
−3.0%+0.9%
Feb 25, 2025$0.47
est $0.23
+104.9%$250.7M
est $230.5M
+8.8%+14.2%
Nov 7, 2024$0.25
est $0.18
+38.9%$151.8M
est $138.0M
+10.0%−0.8%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Innovex International stock forecast and analyst price targets

Analysts’ average 12-month price target for Innovex International is $33.40, +17.0% from the last close, from 3 firms rating the stock in the last 90 days.

$33.40consensus 12-month target, +17.0% from the last close
Low $27High $36
Buy2
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 3 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Aug 26CitiBuy, maintained$36+26.1%
Aug 11BarclaysHold, maintained$27−5.4%
Aug 8JefferiesBuy, reiterated$35+22.6%
+1.8%average 20-day move after past Neutral readings
±3.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Innovex International market cap and key statistics

Innovex International’s market cap is $1.99B, with a P/E ratio of 31 and revenue of $997.5M over the last twelve months.

Valuation

Market cap
$1.99B
P/E ratio
31
EPS, TTM
$0.89
Gekko Fair Value
$26.55

Trading

Volume
355,115
Avg volume, 20 days
710,122
52-week high
$33.71
52-week low
$17.01
Shares outstanding
69.94M

Financials

Revenue, TTM
$997.5M
Profit margin
6.2%
Return on equity
6%
Quarterly earnings growth, YoY
+63.6%

Risk and income

Beta
1.15
Typical daily move
±3.3%
Typical 20-day move
±7%

Innovex International stock news this week

2 headlines about Innovex International from the past week, newest first, each linking to the publisher.

Innovex International peers

Innovex International’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
FTITechnipFMC−0.7%Accumulation4.2% above
HALHalliburton−1.0%Accumulation28.1% below
NOVNOV−1.6%Accumulation30.8% below
WFRDWeatherford International−2.2%Accumulation45.3% below
AROCArchrock+0.1%Accumulation3.7% below
KGSKodiak Gas Services−1.4%Accumulation5.8% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Innovex International stock FAQ

What is Innovex International’s market cap?

Innovex International’s market cap is $1.99B at the Oct 12, 2026 close of $28.54, with 69.94M shares outstanding. The shares trade on a P/E ratio of 31.

What is the Innovex International stock forecast?

The consensus analyst 12-month price target for Innovex International is $33.40, +17.0% from the last close. Of the 3 firms that rated the stock in the last 90 days, 2 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Innovex International stock overvalued or undervalued?

On Gekko’s estimate Innovex International is overvalued: the Oct 12, 2026 close of $28.54 is 7.5% above Gekko Fair Value of $26.55. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Innovex International report earnings next?

Innovex International is expected to report on Nov 2, 2026, after the market closes (21 days away). Analysts expect earnings of $0.39 per share on revenue of $265.4M. Innovex International beat the earnings estimate in 6 of its last 8 reports, moving 6.1% on average across the report.

What is Innovex International’s 52-week high and low?

Innovex International’s 52-week high is $33.71 and its 52-week low is $17.01; it closed at $28.54 on Oct 12, 2026, +56.0% over the past year.

Is Innovex International stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 0 of the 5 items with data read as supportive, 2 as mixed (trend and gekkoindex) and 3 as headwinds (fair value, smart money and earnings risk). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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