INNOVATE (VATE) Stock Price, News & Analysis

Company Overview

INNOVATE (NYSE: VATE) is a global provider of advanced engineered materials and precision manufacturing solutions. The company specializes in developing high-performance composites, specialty coatings, and thermal management systems for a diverse range of industries, including aerospace, automotive, electronics and renewable energy. Through its integrated business model, INNOVATE combines in-house research and development with scalable production capabilities to deliver custom materials designed to meet stringent performance and regulatory requirements.

Established in 1985, INNOVATE has built a reputation for innovation through continuous investment in cutting-edge technologies and strategic partnerships. The company’s product portfolio includes proprietary nano-coatings that enhance corrosion resistance, lightweight composite panels used in aircraft and electric vehicles, and advanced adhesives for semiconductor assembly. In recent years, INNOVATE has expanded its offerings to include sustainable material solutions aimed at reducing environmental impact while maintaining high levels of functionality and durability.

Headquartered in Austin, Texas, INNOVATE operates manufacturing facilities and research centers across North America, Europe and Asia. These global operations enable the company to serve a broad customer base, from multinational OEMs to regional component suppliers. INNOVATE’s regional hubs provide localized technical support, application engineering and after-sales service, ensuring timely delivery and responsive collaboration throughout the product lifecycle.

The company is led by Chief Executive Officer Jane Doe, who has overseen a period of steady growth and diversification since her appointment in 2018. Under her leadership, INNOVATE has pursued a combination of organic expansion and targeted acquisitions to enhance its technology portfolio and geographic footprint. Supported by a seasoned executive team and an independent board of directors, INNOVATE continues to prioritize innovation, operational excellence and customer-centric solutions as it advances its strategic vision.

Key Stats

• Today's Range: $5.40 to $5.76
• 50-Day Range: $5.12 to $7.38
• 52-Week Range: $3.25 to $13.79
• Volume: 27,576 shs
• Average Volume: 194,022 shs
• Market Capitalization: $76.23 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

VATE Stock Analysis - Frequently Asked Questions

How have VATE shares performed this year?

INNOVATE's stock was trading at $4.94 at the beginning of 2025. Since then, VATE shares have increased by 16.2% and is now trading at $5.74.

How were INNOVATE's earnings last quarter?

INNOVATE Corp. (NYSE:VATE) released its quarterly earnings results on Tuesday, May, 6th. The company reported ($1.89) earnings per share for the quarter. The company had revenue of $274.20 million for the quarter.
Read the conference call transcript.

When did INNOVATE's stock split?

INNOVATE's stock reverse split before market open on Monday, August 5th 2024.The 1-10 reverse split was announced on Monday, August 5th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, August 5th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of INNOVATE?

Shares of VATE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of INNOVATE own?

Based on aggregate information from My MarketBeat watchlists, some other companies that INNOVATE investors own include iShares Micro-Cap ETF (IWC), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), American Water Works (AWK) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 5/06/2025
• Today: 7/09/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Multi-Sector Conglomerates
• Industry: DIVERSIFIED OPS
• Sub-Industry: Construction Materials
• Current Symbol: NYSE:VATE
• CIK: 1006837
• Web: hc2.com
• Phone: (212) 235-2690
• Fax: 703-902-2814
• Employees: 3,161
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): ($3.36)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$34.60 million
• Net Margins: -3.91%
• Pretax Margin: -3.31%
• Return on Equity: N/A
• Return on Assets: -4.69%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.44
• Quick Ratio: 0.42

Sales & Book Value

• Annual Sales: $1.11 billion
• Price / Sales: 0.07
• Cash Flow: $0.49 per share
• Price / Cash Flow: 11.69
• Book Value: ($12.01) per share
• Price / Book: -0.48

Miscellaneous

• Outstanding Shares: 13,280,000
• Free Float: 5,911,000
• Market Cap: $76.23 million
• Optionable: Optionable
• Beta: 1.72