InnovAge Holding Corp. (INNV)

InnovAge Holding Corp. stock has experienced notable movements in the past six months. The stock reached a 52-week high of $10.69 on March 3, 2026. InnovAge's stock price increased by 174.69% between February 26, 2025, and February 25, 2026. On February 3, 2026, InnovAge held its Second Quarter 2026 Earnings Conference Call, where the company reported a swing to earnings and raised its fiscal year 2026 revenue guidance. The company's market capitalization also increased by 62.65% over the 30 days leading up to March 27, 2026, and by 52.43% over the preceding 12 months.

There is no explicit indication of significant demand seasonality for InnovAge Holding Corp.'s products and services. Demand for essential healthcare services for an aging population is generally consistent rather than subject to seasonal fluctuations.

InnovAge Holding Corp. is a U.S.-based healthcare services company specializing in comprehensive care to senior populations through the PACE model, focusing on elderly and clinically complex individuals eligible for both Medicare and Medicaid. The company offers an integrated model of medical, social, and long-term care services designed to enable seniors to remain in their homes and communities. Their services include in-home assessments, medical services, therapy, medication management, transportation, and adult day health centers. The company emphasizes interdisciplinary care teams to coordinate all aspects of a participant's care plan.

InnovAge operates PACE centers across multiple U.S. states, including Colorado, California, Pennsylvania, Virginia, New Mexico, and Florida. The company is headquartered in Denver, Colorado. All of InnovAge's operations are domestic, and the company does not conduct business outside the United States. As of December 31, 2025, InnovAge served approximately 8,010 participants across 20 centers in six states.

InnovAge's brand reputation has been influenced by positive recognition and past regulatory challenges. InnovAge was named one of Fortune's Best Workplaces in Aging Services in September 2025. However, the company agreed to a $27 million settlement following allegations of misleading statements in its initial public offering (IPO).

InnovAge Holding Corp. has significant institutional ownership. As of March 20, 2026, 127 institutional owners and shareholders held a total of 14,174,045 shares. Major institutional owners include Apax Partners (UK) Ltd., T. Rowe Price Small-Cap Value Fund, Inc., and Coliseum Capital Management, LLC. Individual ownership accounts for a smaller portion, with notable individual owners including Patrick Blair (CEO) and Mr. Thomas A. (Tom) Scully, J.D. (Director).