Inovalon Holdings Inc (INOV) Price Targets From Analysts
Use the tables below to see what analysts covering Inovalon Holdings Inc think about its future price and what recommendations they have for investors and traders.
| Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|
| 8 | $35 | $22 | $29.38 | $29.78 | -1.34% |
The Trend in the Analyst Price Target
INOV's average price target has moved up $4.19 over the prior 131 days.
Over the past 272 days, INOV's average upside potential has been 14.54%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2020-06-10 | 8 | 27 | 13 | 21.00 | 19.420 | 8.14% |
| 2020-06-10 | 8 | 27 | 13 | 21.50 | 19.420 | 10.71% |
| 2020-07-15 | 8 | 27 | 13 | 21.75 | 19.340 | 12.46% |
| 2020-07-30 | 9 | 31 | 13 | 24.78 | 24.200 | 2.4% |
| 2020-08-07 | 9 | 31 | 13 | 25.00 | 25.360 | -1.42% |
| 2020-08-24 | 9 | 31 | 13 | 25.00 | 24.240 | 3.14% |
| 2020-09-01 | 9 | 31 | 13 | 25.56 | 25.160 | 1.59% |
| 2020-09-15 | 9 | 31 | 13 | 26.00 | 24.660 | 5.43% |
| 2020-10-29 | 8 | 31 | 15 | 25.19 | 19.290 | 30.59% |
| 2020-11-08 | 7 | 31 | 15 | 25.21 | 19.620 | 28.49% |
| 2020-11-15 | 7 | 31 | 15 | 25.21 | 18.835 | 33.85% |
| 2020-11-30 | 8 | 31 | 15 | 24.94 | 18.670 | 33.58% |
| 2021-01-02 | 8 | 31 | 14 | 24.81 | 18.170 | 36.54% |
| 2021-01-09 | 9 | 31 | 14 | 24.83 | 20.930 | 18.63% |
| 2021-01-13 | 9 | 31 | 14 | 25.61 | 26.420 | -3.07% |
| 2021-03-09 | 8 | 35 | 22 | 29.38 | 26.350 | 11.5% |
INOV Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.61 | 3 | 2 | 3 | 0 | 0 | 9 |
The Trend in the Broker Recommendations
Over the past 214 days, INOV's average broker recommendation rating improved by 0.67.
The points below can provide you with additional insight regarding what the price target and recommendations metrics in the table above mean for investors.
- The upside potential (average analyst target price relative to current price) of INOV is higher than 25.46% of all US stocks.
- INOV has a less variance in analysts' estimates than 30.47% of all US stocks.
- The number of analysts covering the stock of INOV is higher than 65.55% of all US stocks.
- INOV has a higher average analyst price target than 36.66% of stocks in the mid market cap category.
In the Business Services industry, VERX, EVH and NUAN are the three stocks most similar to Inovalon Holdings Inc regarding the price target and analyst recommendation information presented here.
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