Innovex International, Inc. (INVX) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Innovex International, Inc. Do?
Dril-Quip, Inc., together with its subsidiaries, designs, manufactures, sells, and services engineered drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide. The company's principal products include subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, diverters, and safety valves, as well as downhole tools. It also provides technical advisory services, and rework and reconditioning services, as well as rental and purchase of running tools for use in the installation and retrieval of its products; and downhole tools comprise of liner hangers, production packers, safety valves, and specialty downhole tools that are used to hang-off and seal casing into a previously installed casing string in the well bore. The company's products are used to explore for oil and gas from offshore drilling rigs, such as floating rigs and jack-up rigs; and for drilling and production of oil and gas wells on offshore platforms, tension leg platforms, and Spars, as well as moored vessels, such as floating production, storage, and offloading monohull moored vessels. It sells its products directly through its sales personnel, independent sales agents, and representatives to integrated, independent, and foreign national oil and gas companies, as well as drilling contractors, and engineering and construction companies. The company was founded in 1981 and is headquartered in Houston, Texas. Innovex International, Inc. (INVX) is classified as a small-cap stock in the Industrials sector, specifically within the Machinery industry. The company is led by CEO Jeffrey J. Bird and employs approximately 1,360 people, headquartered in HOUSTON, Texas. With a market capitalization of $1.7B, INVX is one of the notable companies in the Industrials sector.
Innovex International, Inc. (INVX) Stock Rating — Reduce (April 2026)
As of April 2026, Innovex International, Inc. receives a Reduce rating with a composite score of 43.6/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.INVX ranks #2,127 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Innovex International, Inc. ranks #335 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
INVX Stock Price and 52-Week Range
Innovex International, Inc. (INVX) currently trades at $26.51. The stock gained $0.10 (0.4%) in the most recent trading session. The 52-week high for INVX is $29.48, which means the stock is currently trading -10.1% from its annual peak. The 52-week low is $11.93, putting the stock 122.2% above its annual trough. Recent trading volume was 338K shares, suggesting relatively thin trading activity.
Is INVX Overvalued or Undervalued? — Valuation Analysis
Innovex International, Inc. (INVX) carries a value factor score of 54/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 11.51x, compared to the Industrials sector average of 28.33x — a discount of 59%. The price-to-book ratio stands at 1.68x, versus the sector average of 2.23x. The price-to-sales ratio is 2.04x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, INVX trades at 18.68x EV/EBITDA, versus 5.70x for the sector.
Overall, INVX's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Innovex International, Inc. Profitability — ROE, Margins, and Quality Score
Innovex International, Inc. (INVX) earns a quality factor score of 38/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is 14.6%, compared to the Industrials sector average of 8.9%, which is within a healthy range. Return on assets (ROA) comes in at 12.1% versus the sector average of 3.3%.
On a margin basis, Innovex International, Inc. reports gross margins of 32.5%, compared to 35.8% for the sector. The operating margin is 9.1% (sector: 6.2%). Net profit margin stands at 20.9%, versus 3.9% for the average Industrials stock. Revenue growth is running at 99.4% on a trailing basis, compared to 6.4% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.
INVX Debt, Balance Sheet, and Financial Health
Innovex International, Inc. has a debt-to-equity ratio of 21.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 4.78x, indicating strong short-term liquidity. Cash and equivalents stand at $163M.
INVX has a beta of 1.09, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Innovex International, Inc. is 51/100, reflecting average volatility within the normal range for its sector.
Innovex International, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Innovex International, Inc. reported revenue of $856M and earnings per share (EPS) of $0.57. Net income for the quarter was $152M. Gross margin was 32.5%. Operating income came in at $94M.
In Q3 2025, Innovex International, Inc. reported revenue of $240M and earnings per share (EPS) of $0.57. Net income for the quarter was $39M. Gross margin was 31.6%. Revenue grew 58.1% year-over-year compared to Q3 2024. Operating income came in at $62M.
In Q2 2025, Innovex International, Inc. reported revenue of $224M and earnings per share (EPS) of $0.22. Net income for the quarter was $15M. Gross margin was 32.0%. Revenue grew 86.3% year-over-year compared to Q2 2024. Operating income came in at $23M.
In Q1 2025, Innovex International, Inc. reported revenue of $240M and earnings per share (EPS) of $0.21. Net income for the quarter was $15M. Gross margin was 31.8%. Revenue grew 87.8% year-over-year compared to Q1 2024. Operating income came in at $22M.
Over the past 8 quarters, Innovex International, Inc. has demonstrated a growth trajectory, with revenue expanding from $128M to $856M. Investors analyzing INVX stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
INVX Dividend Yield and Income Analysis
Innovex International, Inc. (INVX) does not currently pay a dividend. This is common among smaller companies in the Machinery industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Industrials dividend stocks may want to explore other Industrials stocks or use the stock screener to filter by dividend yield.
INVX Momentum and Technical Analysis Profile
Innovex International, Inc. (INVX) has a momentum factor score of 62/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 21/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 14/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
INVX vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, Innovex International, Inc. (INVX) ranks #335 out of 752 stocks based on the Blank Capital composite score. This places INVX in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing INVX against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full INVX vs S&P 500 (SPY) comparison to assess how Innovex International, Inc. stacks up against the broader market across all factor dimensions.
INVX Next Earnings Date
No upcoming earnings date has been announced for Innovex International, Inc. (INVX) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy INVX? — Investment Thesis Summary
The quantitative profile for Innovex International, Inc. suggests caution. The quality score of 38/100 flags below-average profitability. Price momentum is positive at 62/100, suggesting the trend favors buyers.
In summary, Innovex International, Inc. (INVX) earns a Reduce rating with a composite score of 43.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on INVX stock.
Related Resources for INVX Investors
Explore more research and tools: INVX vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare INVX head-to-head with peers: INVX vs SOBO, INVX vs TEN, INVX vs GLDD.