Innoviva Stock Price and Value Analysis

Should you buy Innoviva stock? (NasdaqGS:INVA). Let's see how it does in our automated value investing analysis system.

Key Facts

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Hold-time calculator

Estimate how long you need to hold Innoviva to reach your target.

Target type
AdvantagesDisadvantagesNeutral
  • This company has amazingly consistent growth!
  • This stock looks overpriced.
  • This company is not making money.
  • This company is less known than others.
  • This company pays no dividend.

Inside the INVA Numbers

INVA Price
(Innoviva stock price per share)
$21.44
[?] PE Ratio versus Sector 83% lower than other Healthcare stocks
[?] PE Ratio versus Industry 90% lower than other Drug Manufacturers - General stocks

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 7,015,897 shares shorted. With 69,201,607 shares available for purchase and an average trading volume over the past 10 trading days of 689,830, it would take at least 10.17 days for all of the short holders to cover their shorts.

What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.

Related guides: good annual rate of return · high-yield stocks · forecasting earnings growth

Is Innoviva Stock on Sale?

Based on our analysis, we believe that you should not buy Innoviva right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

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Should You Buy INVA Stock?

Does Innoviva have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.

We don't yet have enough financial history for Innoviva to produce a full worked example. Check back as more data becomes available, or see the current price and research links below.