Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
InnovAge Holding Corp(INNV)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for INNV
11/13/2026: INNV (4-star) is currently NOT-A-BUY. Pass it for now.
InnovAge Holding Corp is a healthcare services provider specializing in the Program of All-Inclusive Care for the Elderly (PACE), offering integrated medical and social care to frail seniors. The company has a unique focus on a high-need demographic and utilizes a capitated payment model to deliver comprehensive long-term care. While the firm has significant growth opportunities driven by an aging population and its scalable PACE model, it has faced substantial operational and regulatory challenges that hindered recent performance. Investors should closely monitor regulatory compliance, enrollment growth in new centers, and margin stability. It is best suited for investors comfortable with high-risk scenarios and long-term sector growth stories.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers exposure to aging-population tailwinds but faces significant execution and regulatory recovery hurdles. |
| Momentum investor | Weak fit | The stock has historically struggled with consistent upward price momentum due to operational headwinds. |
| Value investor | Mixed fit | While valuation may appear compressed, the underlying business risks require a careful assessment of long-term profitability. |
| Dividend investor | Weak fit | The company does not pay a dividend and is currently focused on capital retention for operations. |
| Low-risk investor | Weak fit | High regulatory and operational volatility makes this stock unsuitable for conservative, risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The stock is susceptible to sharp swings based on regulatory news and enrollment updates. |
| Valuation risk | Medium / high | Valuation depends heavily on the company's ability to restore long-term growth and stable margins. |
| Competition risk (PACE and Managed Care) | Medium | Competition from well-capitalized insurers puts pressure on enrollment and talent acquisition. |
| Business quality | Medium | The company provides a critical service but must demonstrate sustained operational stability. |
| Dividend income | Low / none | Investors receive no current income from holding this stock. |
| Execution risk | High | Successfully managing enrollment capacity and regulatory compliance is paramount to the firm's survival and growth. |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.29B USD | Price to earnings Ratio 157.83 | 1Y Target Price 12 |
Price to earnings Ratio 157.83 | 1Y Target Price 12 | ||
Volume (30-day avg) 565.4K shares | Beta 0.19 | 52 Weeks Range 4.70 - 12.64 | Updated Date 11/13/2026 |
52 Weeks Range 4.70 - 12.64 | Updated Date 11/13/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.06 |
Sector & Industry Intelligence
Sector
Healthcare
Bullish- Sentiment
- Strong Bullish
- Momentum
- Momentum Steady
- BUY participation
- 62.6%
- Active BUY / eligible
- 72 / 115
- 30-Day BUY Count Change
- +35
- Market state
- Strong Bullish
The number of qualifying BUY stocks has remained relatively stable.
Industry
Medical Care Facilities
- BUY participation
- 88.9%
- Active BUY / eligible
- 8 / 9
- 30-Day BUY Count Change
- +6
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 76.14% | Avg. Invested days 42 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| PACE Program | Capitated payments for providing comprehensive health and social services to frail seniors. | The company gets paid a set monthly fee to manage all of a senior's medical needs, aiming to keep them healthy and out of nursing homes. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-11-03 | When After Market | Estimate 0.11 | Actual 0.14 |
Profitability
Profit Margin 0.88% | Operating Margin (TTM) 1.72% |
Management Effectiveness
Return on Assets (TTM) 2.04% | Return on Equity (TTM) 4.43% |
Valuation
Trailing PE 157.83 | Forward PE 13.66 | Enterprise Value 1.20B | Price to Sales(TTM) 1.27 |
Enterprise Value 1.20B | Price to Sales(TTM) 1.27 | ||
Enterprise Value to Revenue 1.18 | Enterprise Value to EBITDA 32.33 | Shares Outstanding 136.46M | Shares Floating 34.40M |
Shares Outstanding 136.46M | Shares Floating 34.40M | ||
Percent Insiders 74.9 | Percent Institutions 16.37 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.