Northland Capmk Comments on Innventure FY2024 Earnings

Innventure, Inc. (NASDAQ:INV - Free Report) - Analysts at Northland Capmk issued their FY2024 EPS estimates for Innventure in a report released 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 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.

Several other analysts have also recently weighed in on the stock. Roth Capital upgraded shares of Innventure to a "strong-buy" rating in a research report on Thursday, January 23rd. Northland Securities assumed coverage on shares of Innventure in a report on Wednesday, March 12th. They set an "outperform" rating and a $12.00 target price on the stock. Finally, Roth Mkm assumed coverage on shares of Innventure in a report on Thursday, January 23rd. They issued a "buy" rating and a $16.00 price target on the stock.

Innventure Price Performance

NASDAQ INV remained flat at $7.68 on Friday. 10,552 shares of the company's stock traded hands, compared to its average volume of 47,174. Innventure has a fifty-two week low of $6.57 and a fifty-two week high of $18.75. The company's 50-day moving average price is $10.65.

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Institutional Trading of Innventure

Several large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC bought a new position in shares of Innventure in the fourth quarter worth approximately $52,000. Bank of America Corp DE purchased a new position in shares of Innventure in the fourth quarter worth $126,000. CastleKnight Management LP purchased a new position in shares of Innventure in the fourth quarter worth $387,000. Barclays PLC purchased a new position in shares of Innventure in the fourth quarter worth $389,000. Finally, Millennium Management LLC purchased a new position in shares of Innventure in the fourth quarter worth $429,000. 55.98% of the stock is currently owned by institutional investors.

About Innventure

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.