InnovAge Appoints Jennifer Browne as President and Chief Operating Officer
Globe Newswire (Tue, 12-May 4:30 PM ET)
Market Chameleon (Wed, 4-Feb 6:14 AM ET)
InnovAge Holding Corp is a healthcare delivery platform comprising multiple participants focused on providing all-inclusive, capitated care to high-cost seniors, many of whom are dual-eligible. Its programs are designed to address two of the pressing challenges facing the U.S. healthcare industry: rising costs and poor outcomes. The purpose of the participant-centered care delivery approach is to improve the quality of care participants receive, while keeping them in their homes for as long as possible and reducing the overutilization of high-cost care settings, such as hospitals and nursing homes. The company manages its business as one reportable segment, PACE.
Innovage Holding Corp. trades on the NASDAQ stock market under the symbol INNV.
As of August 11, 2026, INNV stock price declined to $10.23 with 200,422 million shares trading.
INNV has a beta of -0.55, meaning it tends to be less sensitive to market movements. INNV has a correlation of 0.01 to the broad based SPY ETF.
INNV has a market cap of $1.39 billion. This is considered a Small Cap stock.
Last quarter Innovage Holding Corp. reported $252 million in Revenue and -$.22 earnings per share. This beat revenue expectation by $18 million and missed earnings estimates by -$.27.
In the last 3 years, INNV traded as high as $12.64 and as low as $2.60.
The top ETF exchange traded funds that INNV belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.
INNV has outperformed the market in the last year with a return of +209.1%, while the SPY ETF gained +22.1%. In the last 3 month period, INNV beat the market returning +35.1%, while SPY returned +4.7%. However, in the most recent 2 weeks INNV has underperformed the stock market by returning -10.9%, while SPY returned +4.3%.
INNV support price is $10.51 and resistance is $11.29 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INNV shares will trade within this expected range on the day.
