Brokers Offer Predictions for Innventure FY2024 Earnings

Innventure, Inc. (NASDAQ:INV) – Northland Capmk issued their FY2024 earnings per share (EPS) estimates for Innventure in a report issued on Wednesday, March 12th. Northland Capmk analyst N. Chokshi forecasts that the company will post earnings of ($1.20) per share for the year. Northland Capmk currently has a “Strong-Buy” rating on the stock. Northland Capmk also issued estimates for Innventure’s Q4 2024 earnings at ($0.19) EPS, Q1 2025 earnings at ($0.13) EPS, Q2 2025 earnings at ($0.13) EPS, Q3 2025 earnings at ($0.12) EPS, Q4 2025 earnings at ($0.11) EPS, FY2025 earnings at ($0.50) EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at ($0.10) EPS, Q3 2026 earnings at ($0.10) EPS, Q4 2026 earnings at ($0.11) EPS and FY2026 earnings at ($0.40) EPS.

A number of other equities research analysts also recently weighed in on INV. Roth Mkm initiated coverage on Innventure in a research report on Thursday, January 23rd. They set a “buy” rating and a $16.00 target price on the stock. Roth Capital raised Innventure to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Northland Securities started coverage on Innventure in a research report on Wednesday. They set an “outperform” rating and a $12.00 price objective on the stock.

Innventure Stock Up 4.8 %

Shares of Innventure stock opened at $7.91 on Friday. The firm has a fifty day moving average of $10.87. Innventure has a fifty-two week low of $6.57 and a fifty-two week high of $18.75.

Institutional Investors Weigh In On Innventure

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new position in shares of Innventure during the 4th quarter worth approximately $126,000. Millennium Management LLC acquired a new position in Innventure during the fourth quarter worth $429,000. Northern Trust Corp bought a new position in shares of Innventure during the fourth quarter valued at $601,000. Moore Capital Management LP acquired a new stake in shares of Innventure in the 4th quarter valued at $692,000. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Innventure in the 4th quarter worth about $52,000. 55.98% of the stock is owned by institutional investors and hedge funds.

Innventure Company Profile

Innventure Inc founds, funds and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. Innventure Inc, formerly known as Learn CW Investment Corporation, is based in ORLANDO, Fla.