Inotiv, Inc. (NOTV) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Inotiv, Inc. Do?
Inotiv, Inc. provides drug discovery and development services to the pharmaceutical, chemical, and medical device industries; and sells analytical instruments to the pharmaceutical development and contract research industries. It operates through two segments, Contract Research Services and Research Products. The Contract Research Services segment offers screening and pharmacological testing, nonclinical safety testing, formulation development, regulatory compliance, and quality control testing services. This segment provides analytical method development and validation; drug metabolism, bioanalysis, and pharmacokinetics testing to identify and measure drug and metabolite concentrations in complex biological matrices; in vivo sampling services for the continuous monitoring of chemical changes in life; stability testing to ensure the integrity of various solutions used in nonclinical and clinical studies, and post-study analyses; non-clinical toxicology and pathology services; and climate-controlled archiving services for its customers' data and samples. The Research Products segment designs, develops, manufactures, and markets in vivo sampling systems and accessories, including disposables, training, and systems qualification; physiology monitoring tools; liquid chromatography and electrochemistry instruments platforms; analytical products comprising liquid chromatographic and electrochemical instruments with associated accessories; and in vivo sampling products consisting of Culex family of automated in vivo sampling and dosing instruments. The company operates in the United States, rest of North America, the Pacific Rim, Europe, and internationally. It has an agreement with BioVaxys to conduct preclinical toxicity studies for its Covid-T Immunodiagnostic program. The company was formerly known as Bioanalytical Systems, Inc. and changed its name to Inotiv, Inc. in March 2021. Inotiv, Inc. was founded in 1974 and is headquartered in West Lafayette, Indiana. Inotiv, Inc. (NOTV) is classified as a micro-cap stock in the Industrials sector, specifically within the Business Services industry. The company is led by CEO Robert Leasure and employs approximately 2,100 people, headquartered in West Lafayette, Indiana. With a market capitalization of $9M, NOTV is one of the notable companies in the Industrials sector.
Inotiv, Inc. (NOTV) Stock Rating — Avoid (April 2026)
As of April 2026, Inotiv, Inc. receives a Avoid rating with a composite score of 21.7/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.NOTV ranks #4,412 out of 4,446 stocks in our coverage universe. Within the Industrials sector, Inotiv, Inc. ranks #752 of 752 stocks, placing it in the lower 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%).
NOTV Stock Price and 52-Week Range
Inotiv, Inc. (NOTV) currently trades at $0.23. The stock lost $0.00 (0.7%) in the most recent trading session. The 52-week high for NOTV is $3.32, which means the stock is currently trading -93.1% from its annual peak. The 52-week low is $0.25, putting the stock -9.7% above its annual trough. Recent trading volume was 361K shares, suggesting relatively thin trading activity.
Is NOTV Overvalued or Undervalued? — Valuation Analysis
Inotiv, Inc. (NOTV) carries a value factor score of 27/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.08x, versus the sector average of 2.23x. The price-to-sales ratio is 0.02x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, NOTV trades at 41.35x EV/EBITDA, versus 5.70x for the sector.
At current multiples, Inotiv, Inc. trades at a premium to most Industrials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.
Inotiv, Inc. Profitability — ROE, Margins, and Quality Score
Inotiv, Inc. (NOTV) earns a quality factor score of 29/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -79.7%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -11.8% versus the sector average of 3.3%.
On a margin basis, Inotiv, Inc. reports gross margins of 100.0%, compared to 35.8% for the sector. The operating margin is -10.0% (sector: 6.2%). Net profit margin stands at -18.4%, versus 3.9% for the average Industrials stock. Revenue growth is running at 1.6% 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.
NOTV Debt, Balance Sheet, and Financial Health
Inotiv, Inc. has a debt-to-equity ratio of 372.0%, compared to the Industrials sector average of 70.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 0.30x, which may signal near-term liquidity tightness. Total debt on the balance sheet is $406M.
NOTV has a beta of 2.94, meaning it is more volatile than the broader market — a $10,000 investment in NOTV would be expected to move 194.0% more than the S&P 500 on any given day. The stability factor score for Inotiv, Inc. is 10/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
Inotiv, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Inotiv, Inc. reported revenue of $482M and earnings per share (EPS) of $-0.83. Net income for the quarter was $-87M. Gross margin was 100.0%. Operating income came in at $-46M.
In Q1 2026, Inotiv, Inc. reported revenue of $121M and earnings per share (EPS) of $-0.83. Net income for the quarter was $-28M. Operating income came in at $-16M.
In FY 2025, Inotiv, Inc. reported revenue of $513M and earnings per share (EPS) of $-2.11. Net income for the quarter was $-69M. Revenue grew 4.5% year-over-year compared to FY 2024. Operating income came in at $-31M.
In Q3 2025, Inotiv, Inc. reported revenue of $131M and earnings per share (EPS) of $-0.51. Net income for the quarter was $-18M. Revenue grew 23.5% year-over-year compared to Q3 2024. Operating income came in at $-6M.
Over the past 8 quarters, Inotiv, Inc. has demonstrated a growth trajectory, with revenue expanding from $119M to $482M. Investors analyzing NOTV stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
NOTV Dividend Yield and Income Analysis
Inotiv, Inc. (NOTV) does not currently pay a dividend. This is common among smaller companies in the Business Services 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.
NOTV Momentum and Technical Analysis Profile
Inotiv, Inc. (NOTV) has a momentum factor score of 7/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 33/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 31/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
NOTV vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, Inotiv, Inc. (NOTV) ranks #752 out of 752 stocks based on the Blank Capital composite score. This places NOTV in the lower 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 NOTV against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full NOTV vs S&P 500 (SPY) comparison to assess how Inotiv, Inc. stacks up against the broader market across all factor dimensions.
NOTV Next Earnings Date
No upcoming earnings date has been announced for Inotiv, Inc. (NOTV) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy NOTV? — Investment Thesis Summary
The quantitative profile for Inotiv, Inc. suggests caution. The quality score of 29/100 flags below-average profitability. The value score of 27/100 indicates premium valuation. Momentum is weak at 7/100, a headwind for near-term performance. High volatility (stability score 10/100) increases portfolio risk.
In summary, Inotiv, Inc. (NOTV) earns a Avoid rating with a composite score of 21.7/100 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 NOTV stock.
Related Resources for NOTV Investors
Explore more research and tools: NOTV vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare NOTV head-to-head with peers: NOTV vs SOBO, NOTV vs TEN, NOTV vs GLDD.