Is Innovex International, Inc. (INVX) Stock Outpacing Its Oils-Energy Peers This Year?
Here is how Innovex International (INVX) and APA (APA) have performed compared to their sector so far this year.
Model output · Signal date 2026-11-06
Innovex International, Inc. (INVX) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
32.0%
Spearman, 357 dates
Market Cap
$1.76B
small-cap · #8 of 15 peers
Summary
Innovex International, Inc. (INVX) stock forecast summary
Our AI scores Innovex International, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Innovex International, Inc. is a small-cap company with a market capitalization of $1.76B. It ranks number 8 by market capitalization among the 15 Oil & Gas Field Machinery & Equipment issuers in our coverage with a current forecast. Its Current Ratio of 4.43x is the highest of the 14 peers that report one. Its D/E Ratio of 0.27x is the lowest of the 11 peers that report one.
For INVX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 32.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, INVX included.
Price
INVX price chart and AI forecast
Cross-section · 2026-11-06
How INVX ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Innovex International, Inc. (INVX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Oil & Gas Field Machinery & Equipment peers listed below that report each metric.
Valuation & Market
| Metric | INVX | Rank |
|---|---|---|
| Market Cap | $1.76B | 8/15 |
| P/E Ratio | 25.13x | 4/11 |
| P/B Ratio | 1.57x | 7/10 |
| EPS | $1.00 | – |
| Book Value/Share | $15.97 | – |
| Revenue/Share | $14.62 | – |
Profitability & Margins
| Metric | INVX | Rank |
|---|---|---|
| ROE | 4.3% | 5/7 |
| ROA | 3.4% | 3/5 |
| ROIC | 5.7% | 5/7 |
| Gross Margin | 33.6% | 2/7 |
| Operating Margin | 6.8% | 9/12 |
| Net Margin | 4.8% | 5/7 |
| EBT Margin | 7.4% | 7/12 |
| Tax Rate | 35.6% | – |
Financial Health
| Metric | INVX | Rank |
|---|---|---|
| Current Ratio | 4.43x | 1/14 |
| Quick Ratio | 2.80x | 1/14 |
| D/E Ratio | 0.27x | 11/11 |
| Financial Leverage | 1.27x | 7/7 |
| Interest Coverage | 168.4x | 1/13 |
| Working Capital | $631M | 5/14 |
Cash Flow
| Metric | INVX | Rank |
|---|---|---|
| Operating Cash Flow | $148M | 8/14 |
| OCF Growth YoY | -15.5% | 7/11 |
Operational Efficiency
| Metric | INVX | Rank |
|---|---|---|
| Asset Turnover | 0.72x | 5/8 |
| Receivables Turnover | 4.1x | 6/11 |
| Inventory Turnover | 2.3x | 7/8 |
| Fixed Assets Turnover | 6.1x | 3/11 |
| Days Sales Outstanding | 90 days | 6/11 |
| Days Inventory | 161 days | 2/8 |
| Payables Period | 44 days | 7/8 |
| Cash Conversion Cycle | 207 days | 2/7 |
Income Statement
| Metric | INVX | Rank |
|---|---|---|
| Total Revenue | $1.02B | 6/13 |
| Operating Income | $70M | 8/14 |
| Net Income | $49M | 5/8 |
| SG&A Expense | $157M | 7/13 |
| Cost of Goods Sold | $679M | 3/8 |
Dividend & Shareholder Information
| Metric | INVX | Rank |
|---|---|---|
| Shares Outstanding | 70M | – |
| Net Income Growth | -67.3% | 6/6 |
| EPS Growth | -28.6% | 3/6 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $815M | 57.6% of assets |
| Cash & Short-term Investments | $189M | 13.3% of assets |
| Accounts Receivable | $252M | 17.8% of assets |
| Inventory | $300M | 21.2% of assets |
| Total Liabilities | $298M | 21.1% of assets |
| Short-term Debt | $102M | 7.2% of assets |
Quarterly Financial Reports
INVX quarterly financials and insider trading
Industry Peers · Oil & Gas Field Machinery & Equipment
Innovex International, Inc. (INVX) industry peers
Companies classified under the same SEC industry code as Innovex International, Inc. (Oil & Gas Field Machinery & Equipment): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| INVX Innovex International, Inc. | $1.76B | |
| BKR Baker Hughes Co | $47.54B | |
| FTI Technipfmc Plc | $24.70B | |
| NOV Nov Inc. | $6.20B | |
| WFRD Weatherford International Plc | $5.90B | |
| SEI Solaris Energy Infrastructure, Inc. | $4.42B | |
| WHD Cactus, Inc. | $4.40B | |
| FLOC Flowco Holdings Inc. | $1.81B | |
| FET Forum Energy Technologies, Inc. | $800M | |
| OIS Oil States International, Inc | $499M | |
| HMH Hmh Holding Inc | $481M | |
| ROC Drilling Tools International Corp | $62M | |
| QSEP Qs Energy, Inc. | $30M | |
| KLNG Koil Energy Solutions, Inc. | $29M | |
| GPUS Hyperscale Data, Inc. | $25M |
Where INVX sits on the market map
Technology · Oil & Gas Field Machinery & Equipment
News
Innovex International, Inc. (INVX) stock news
Innovex International, Inc. (INVX) Q2 2026 Earnings Call Transcript
Good morning and welcome to Innovex's second quarter 2026 earnings call. [Operator Instructions] As a reminder, this call is being recorded. I will now turn the call over to Eric Wells, Chief of Staff ...
Innovex International, Inc (INVX) Q4 2024 Earnings Call Transcript
Good morning and welcome to Innovex's fourth quarter and full year 2024 earnings call. At this time, all participants are in a listen-only mode, and there will be a question-and-answer opportunity at ...
FAQ
Innovex International, Inc. (INVX) stock forecast FAQ
What is the Innovex International, Inc. (INVX) stock forecast?
Our AI scores Innovex International, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Innovex International, Inc. stock predictions?
For INVX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 32.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 27.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Innovex International, Inc. forecasts updated?
Innovex International, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Innovex International, Inc.'s industry peers?
15 issuers in our coverage, INVX included, share the SEC industry code Oil & Gas Field Machinery & Equipment. The largest are: Baker Hughes Co (BKR), Technipfmc Plc (FTI), Nov Inc. (NOV), Weatherford International Plc (WFRD), Solaris Energy Infrastructure, Inc. (SEI), Cactus, Inc. (WHD).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.