INNV

In the past six months, InnovAge Holding Corp.'s stock price has been impacted by its financial performance and guidance. InnovAge's stock was trading at $5.19 on January 1, 2026, and increased by 45.9% to $7.57 by May 7, 2026. In Q1 Fiscal Year 2026, revenue exceeded analyst estimates by 4.2%, and EPS surpassed estimates by 178%. In Q2 Fiscal Year 2026, EPS and revenues exceeded analyst expectations, with EPS at $0.078 and revenue at $239.7 million. In Q3 Fiscal Year 2026, InnovAge reported total revenue of $251.9 million, but a net loss of $29.9 million due to a significant litigation charge and settlement costs of $51.9 million. InnovAge raised its earnings guidance for fiscal year 2026 multiple times and expects total revenues of $950 million to $975 million and adjusted EBITDA of $85 million to $90 million.