Market Cap
$1.5B
INVA
Innoviva, Inc.
$20.50 ▼ -0.24%
Prev close $20.55Market cap$1.5B
ConsensusStrong Buy
12-mo target$35.00 (+70.7%)
▲ Bullish
Analyst conviction 8/10
25 New Institutional Positions16 Institutional Exits Biotech & Drug Discovery
Snapshot
The big-picture read on INVA right now — valuation, ownership and activity at a glance.
Cap Size
Small Cap
Analyst Consensus
Strong Buy (82%)
Inst. Holders
50 funds
Inst. Value
$1.4B
Inst. Activity
25 buys / 16 sells
Social Sentiment
67° Warm
SEC Reports
3
Price chart 30d -4.0%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Sep 17, 2026 short_volume
Short Volume: INVA — 74.9% short (0.4M / 0.5M)
Short: 387,669 | Exempt: 319 | TRF Vol: 517,814 | Short Ratio: 74.9% | Off-exchange volume (dark poo
Aug 20, 2026 Insider
Raifeld Pavel surrendered for taxes 1,130 shares
Chief Executive Officer @ $21.00 ($23.7K)
Aug 20, 2026 Insider
Basso Stephen surrendered for taxes 558 shares
Chief Financial Officer @ $21.00 ($11.7K)
Aug 20, 2026 Insider
Zhen Marianne surrendered for taxes 1,127 shares
Chief Accounting Officer @ $21.00 ($23.7K)
Jun 30, 2026 Inst.
Integrated Wealth Concepts LLC — DOUBLED
350,575 shares ($8.0M)
Jun 30, 2026 Inst.
May 18, 2026 SEC ARROWSTREET CAPITAL, LIMITED PARTNERSHIP — NEAR_EXIT
340,168 shares ($7.7M)
Innoviva reported the resignations of board members Derek Small and Mark DiPaolo to focus on their roles at Syndeio BioS
8-K — Impact 3/10
Innoviva reported Q1 2026 total revenue of $98.0M (+11% YoY, slightly below $101.6M consensus) and diluted EPS of $2.22,
8-K — Impact 5/10
Analyst ratings buy % +2.5%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
82% rate it Buy or better · 11 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Aug 7, 2026 | Cantor Fitzgerald | MAINTAIN | Overweight | 49% |
| Jun 22, 2026 | BTIG | MAINTAIN | Buy | 53% |
| Jun 1, 2026 | HC Wainwright & Co. | REITERATE | Buy | 43% |
| May 26, 2026 | BTIG | REITERATE | Buy | 53% |
| May 7, 2026 | BTIG | MAINTAIN | Buy | 53% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 4 | 5 | 1 | 1 | 0 | 82% | |
| Aug 1, 2026 | 4 | 5 | 1 | 1 | 0 | 82% | |
| Jul 1, 2026 | 4 | 5 | 1 | 1 | 0 | 82% | |
| Jun 1, 2026 | 4 | 5 | 1 | 1 | 0 | 82% | |
| May 1, 2026 | 4 | 5 | 1 | 1 | 0 | 82% | |
| Apr 1, 2026 | 4 | 5 | 1 | 1 | 0 | 82% | |
| Mar 1, 2026 | 4 | 5 | 1 | 1 | 0 | 82% | |
| Feb 1, 2026 | 3 | 5 | 1 | 1 | 0 | 80% |
Price targets
Where 5 covering analysts think INVA trades over the next 12 months.
$35.00 +70.7% upside Strong Buy
Current$20.50 Low$18.00 Median$35.00 High$46.00 5 analysts
$18.00$46.00
Analyst rating Buy· 1.8/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
67°
Warm
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
3 SEC filing reports analyzed · 0 bullish, 0 bearish, 1 mixed, 2 neutral · avg impact 3.7/10.
NEUTRAL8-K3/10
Innoviva reported the resignations of board members Derek Small and Mark DiPaolo to focus on their r
May 18, 2026
MIXED8-K5/10
Innoviva reported Q1 2026 total revenue of $98.0M (+11% YoY, slightly below $101.6M consensus) and d
May 6, 2026
NEUTRAL10-K/A3/10
Innoviva, Inc. filed an amended 10-K to include the audited consolidated financial statements of its
Mar 27, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Sep 17, 2026
short_volume
Short Volume: INVA — 74.9% short (0.4M / 0.5M)
Short: 387,669 | Exempt: 319 | TRF Vol: 517,814 | Short Ratio: 74.9% | Off-exchange volume (dark pool + OTC)
Jul 29, 2026
earnings_calendar
INVA Q2 2026 Earnings Scheduled — 2026-07-29
Jul 8, 2026
ftd
FTD: INVA — 27,821 shares ($0.6M) failed to deliver
Settlement: 20260708, Price: $22.25, FTD Value: $619,017.25, INNOVIVA INC COM STK (DE)
May 22, 2026
short_volume
Short Volume: INVA — 82.1% short (0.6M / 0.7M)
Short: 589,297 | Exempt: 223,800 | TRF Vol: 717,911 | Short Ratio: 82.1% | Off-exchange volume (dark pool + OTC)
May 18, 2026
ftd
FTD: INVA — 85,630 shares ($1.9M) failed to deliver
Settlement: 20260518, Price: $21.97, FTD Value: $1,881,291.1, INNOVIVA INC COM STK (DE)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.34 | $-0.36–$0.57 | -68.5% | +38.2% | 1↑ 0↓ | $0.1B | 5 |
| Next Q | $0.52 | $0.46–$0.61 | -73.1% | -8.7% | 1↑ 1↓ | $0.1B | 5 |
| Current FY | $2.23 | $1.49–$2.56 | -32.3% | +3.8% | 0↑ 1↓ | $0.5B | 5 |
| Next FY | $2.26 | $1.92–$2.83 | 1.3% | -2.9% | 1↑ 1↓ | $0.5B | 5 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.340 | — |
| 7d ago | $0.246 | +0.094 |
| 30d ago | $0.246 | +0.094 |
| 60d ago | $0.380 | -0.040 |
| 90d ago | $0.380 | -0.040 |
Institutional ownership
Which big funds own INVA (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $1.4B total value (62,275,379 shares) as of 2026-Q2. Top holders: BlackRock,, DIMENSIONAL, VANGUARD. Net buying activity: 25 institutions added/increased vs 16 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 11,555,209 | $262.4M | 18.6% | — |
| DIMENSIONAL FUND ADVISORS LP | 4,494,053 | $102.1M | 7.2% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 4,220,273 | $95.8M | 6.8% | — |
| RENAISSANCE TECHNOLOGIES LLC | 4,036,532 | $91.7M | 6.5% | — |
| STATE STREET CORP | 3,268,004 | $74.2M | 5.2% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 3,158,053 | $71.7M | 5.1% | — |
| MILLENNIUM MANAGEMENT LLC | 2,541,109 | $57.7M | 4.1% | ADD +41.6% |
| GEODE CAPITAL MANAGEMENT, LLC | 2,074,709 | $47.1M | 3.3% | — |
| Boston Partners | 1,927,959 | $43.8M | 3.1% | — |
| BANK OF AMERICA CORP /DE/ | 1,667,697 | $37.9M | 2.7% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| Integrated Wealth Concepts LLC | DOUBLED | 165,214 | 350,575 | +112.2% | $8.0M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | NEAR_EXIT | 1,887,570 | 340,168 | -82.0% | $7.7M |
| Empowered Funds, LLC | ADD | 168,055 | 326,197 | +94.1% | $7.4M |
| ENVESTNET ASSET MANAGEMENT INC | DOUBLED | 32,470 | 217,646 | +570.3% | $4.9M |
| PRUDENTIAL FINANCIAL INC | ADD | 136,417 | 195,907 | +43.6% | $4.4M |
| Creative Planning | DOUBLED | 79,770 | 194,702 | +144.1% | $4.4M |
| BARCLAYS PLC | TRIM | 430,879 | 169,530 | -60.7% | $3.9M |
| D. E. Shaw & Co., Inc. | TRIM | 248,819 | 166,255 | -33.2% | $3.8M |
| JPMORGAN CHASE & CO | TRIM | 350,571 | 143,390 | -59.1% | $3.4M |
| Freestone Grove Partners LP | ADD | 81,846 | 118,877 | +45.2% | $2.7M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
8 insiders, 28 transactions. Net $0.00 — $0.00 bought, $0.00 sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 20, 2026 | Raifeld Pavel | Chief Executive Officer | TAX W/H | 1,130 | $21.00 | $23.7K |
| Aug 20, 2026 | Basso Stephen | Chief Financial Officer | TAX W/H | 558 | $21.00 | $11.7K |
| Aug 20, 2026 | Zhen Marianne | Chief Accounting Officer | TAX W/H | 1,127 | $21.00 | $23.7K |
| May 20, 2026 | Raifeld Pavel | Chief Executive Officer | TAX W/H | 1,130 | $22.24 | $25.1K |
| May 20, 2026 | Zhen Marianne | Chief Accounting Officer | TAX W/H | 1,127 | $22.24 | $25.1K |
| May 20, 2026 | Basso Stephen | Chief Financial Officer | TAX W/H | 559 | $22.24 | $12.4K |
| May 18, 2026 | Linden Josephine | Director | AWARD | 5,733 | — | — |
| May 18, 2026 | Linden Josephine | Director | AWARD | 9,166 | — | — |
| May 18, 2026 | Linden Josephine | Director | AWARD | 9,461 | — | — |
| May 15, 2026 | Raifeld Pavel | Chief Executive Officer | AWARD | 1,123 | — | — |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for INVA.
Shares short
7,144,265
Settlement Sep 15, 2026
Change vs prior
+2.9%
Semi-monthly cycle
Days to cover
9.3
At avg daily volume
Of shares outstanding
≈9.9%
Estimate — not % of float
All INVA filing & press-release reports (3)
- 8-K reportMay 18, 2026
- 8-K reportMay 6, 2026
- 10-K/A reportMar 27, 2026