Q2 Earnings Forecast for InnovAge Issued By William Blair

InnovAge Holding Corp. (NASDAQ:INNV) – Equities research analysts at William Blair issued their Q2 2026 earnings per share (EPS) estimates for InnovAge in a note issued to investors on Wednesday, September 10th. William Blair analyst J. Haase anticipates that the company will post earnings per share of $0.04 for the quarter. The consensus estimate for InnovAge’s current full-year earnings is ($0.12) per share. William Blair also issued estimates for InnovAge’s Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.07 EPS, FY2026 earnings at $0.15 EPS and FY2027 earnings at $0.23 EPS.

InnovAge Trading Down 1.5%

NASDAQ INNV opened at $4.55 on Friday. The business has a 50 day simple moving average of $3.81 and a 200 day simple moving average of $3.57. InnovAge has a one year low of $2.60 and a one year high of $6.69. The stock has a market capitalization of $617.16 million, a P/E ratio of -19.78 and a beta of 0.52. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.07 and a quick ratio of 0.78.

InnovAge (NASDAQ:INNV) last released its earnings results on Tuesday, September 9th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. InnovAge had a negative return on equity of 12.02% and a negative net margin of 3.55%.The business had revenue of $221.42 million during the quarter, compared to analysts’ expectations of $219.80 million. InnovAge has set its FY 2026 guidance at EPS.

Institutional Investors Weigh In On InnovAge

Hedge funds have recently added to or reduced their stakes in the company. Barclays PLC grew its stake in InnovAge by 13.6% in the fourth quarter. Barclays PLC now owns 29,099 shares of the company’s stock valued at $115,000 after acquiring an additional 3,485 shares during the period. Jane Street Group LLC grew its stake in InnovAge by 230.6% in the fourth quarter. Jane Street Group LLC now owns 39,398 shares of the company’s stock valued at $155,000 after acquiring an additional 27,481 shares during the period. Charles Schwab Investment Management Inc. grew its stake in InnovAge by 2.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 164,322 shares of the company’s stock valued at $490,000 after acquiring an additional 4,535 shares during the period. Squarepoint Ops LLC acquired a new stake in InnovAge in the fourth quarter valued at approximately $68,000. Finally, BNP Paribas Financial Markets acquired a new stake in InnovAge in the fourth quarter valued at approximately $123,000. Institutional investors and hedge funds own 12.26% of the company’s stock.

About InnovAge

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.