INVX trades 30.3% below Wall Street's consensus target of $31.33.
Last 12 months price action with 12-month analyst target path
The base valuation assumes INVX achieves its forward estimates and maintains a stable P/E multiple of 14.9x. This scenario reflects the blended consensus of 2 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of July 8, 2026, Innovex International, Inc. (INVX) has a Wall Street consensus price target of $31.33, based on estimates from 2 covering analysts. With the stock currently trading at $24.05, this represents a potential upside of +30.3%. The company has a market capitalization of $1.65B.
Analyst price targets range from a low of $26.00 to a high of $34.00, representing a 26% spread in expectations. The median target of $34.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Buy, with 1 analysts rating the stock as a Buy or Strong Buy,1 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, INVX trades at a trailing P/E of 20.0x and forward P/E of 14.9x. Analysts expect EPS to grow +114.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $25.41, with bear and bull scenarios of $16.01 and $33.48 respectively. Model confidence stands at 37/100, suggesting limited visibility into future performance.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
DNOWDnow Inc. | $1.5B | $12.66 | $16.50 | +30.3% | Buy | 36.3x | 16 |
NCSMNCS Multistage Holdings, Inc. | $118M | $45.01 | — | — | — | 17.8x | — |
NINENine Energy Service, Inc. | $463M | $10.70 | $18.00 | +68.2% | Hold | 2.1x | 9 |
KLXEKLX Energy Services Holdings, Inc. | $49M | $2.48 | — | — | — | — | — |
WTTRSelect Water Solutions, Inc. | $2.1B | $18.65 | $22.00 | +18.0% | Buy | 35.2x | 15 |
BKRBaker Hughes Company | $54.0B | $54.47 | $73.20 | +34.4% | Buy | 22.8x | 45 |
HALHalliburton Company | $28.2B | $33.79 | $40.09 | +18.6% | Buy | 14.3x | 64 |
SLBSLB N.V. | $69.4B | $46.42 | $60.85 | +31.1% | Buy | 18.0x | 66 |
OISOil States International, Inc. | $471M | $7.83 | $13.33 | +70.2% | Hold | 18.0x | 32 |
LBRTLiberty Energy Inc. | $3.8B | $23.66 | $34.71 | +46.7% | Buy | 90.4x | 21 |
Quick answers to the most common questions about buying INVX stock.
The consensus Wall Street price target for INVX is $31.33, representing 30.3% upside from the current price of $24.05. With 2 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
INVX has a consensus rating of "Buy" based on 2 Wall Street analysts. The rating breakdown is mixed, with 1 Hold ratings making up the largest segment. The consensus 12-month price target of $31.33 implies 30.3% upside from current levels.
With a forward P/E of 14.9129x, INVX trades at a relatively low valuation. The consensus target of $31.33 implies 30.3% appreciation, suggesting meaningful undervaluation.
The most bullish Wall Street analyst has a price target of $34 for INVX, while the most conservative target is $26. The consensus of $31.33 represents the median expectation. Our quantitative valuation model projects a bull case target of $33 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
INVX is lightly followed, with 2 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 1 have Buy ratings, 1 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month INVX stock forecast based on 2 Wall Street analysts shows a consensus price target of $31.33, with estimates ranging from $26 (bear case) to $34 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $25, with bear/bull scenarios of $16/$33.
Our quantitative valuation model calculates INVX's fair value at $25 (base case), with a bear case of $16 and bull case of $33. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 37/100.
INVX trades at a forward P/E ratio of 14.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 20.0x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on INVX, with a "Buy" consensus rating and $31.33 price target (30.3% upside). 1 of 2 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
INVX analyst price targets range from $26 to $34, a 26% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $31.33 consensus represents the middle ground. Our model's $16-$33 range provides an independent fundamental perspective.
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