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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
Modern Day Options Trading For Beginners! (Ad)pixel
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
Modern Day Options Trading For Beginners! (Ad)pixel
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
Modern Day Options Trading For Beginners! (Ad)pixel
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
NYSE:NVTA

Invitae - NVTA Stock Forecast, Price & News

$1.29
+0.01 (+0.78%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$1.22
$1.32
50-Day Range
$1.21
$2.73
52-Week Range
$1.18
$9.18
Volume
5.27 million shs
Average Volume
9.99 million shs
Market Capitalization
$316.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.58

Invitae MarketRank™ Forecast

Analyst Rating
Hold
1.64 Rating Score
Upside/​Downside
254.9% Upside
$4.58 Price Target
Short Interest
Bearish
17.93% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.16
Upright™ Environmental Score
News Sentiment
0.23mentions of Invitae in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.50) to ($1.18) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.93 out of 5 stars

Medical Sector

704th out of 1,005 stocks

Medical Laboratories Industry

20th out of 26 stocks


NVTA stock logo

About Invitae (NYSE:NVTA) Stock

Invitae Corp. engages in the provision of genetic information into mainstream medical practice. It includes comprehensive panels for hereditary conditions in cancer, cardiology, neurology, pediatric, and rare diseases. The company was founded by Randal W. Scott and Sean E. George on January 13, 2010 and is headquartered in San Francisco, CA.

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NVTA Stock News Headlines

Analysts Set Invitae Co. (NYSE:NVTA) Target Price at $2.39
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Invitae (NYSE:NVTA) Coverage Initiated at StockNews.com
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Down 78% in 1 Year, Is There Any Hope Left for Invitae?
Invitae Stock: Approach With Caution
Invitae Reports Preliminary 2022 Financial Results
Is Invitae in Danger of Running Out of Money?
Why Shares of Invitae Rose 11% on Tuesday
Why Invitae Stock Is Crushing It Today
Invitae (NVTA) Q3 2022 Earnings Call Transcript
See More Headlines
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NVTA Company Calendar

Last Earnings
2/28/2023
Today
3/26/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Medical laboratories
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
1,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.58
High Stock Price Forecast
$8.50
Low Stock Price Forecast
$1.75
Forecasted Upside/Downside
+254.9%
Consensus Rating
Hold
Rating Score (0-4)
1.64
Research Coverage
11 Analysts

Profitability

Net Income
$-3,106,290,000.00
Net Margins
-601.64%
Pretax Margin
-610.34%

Debt

Sales & Book Value

Annual Sales
$516.30 million
Cash Flow
$8.06 per share
Book Value
$0.42 per share

Miscellaneous

Free Float
242,538,000
Market Cap
$316.36 million
Optionable
Optionable
Beta
1.88

Key Executives

  • Kenneth D. Knight
    President, Chief Executive Officer & Director
  • Roxi Wen
    Chief Financial Officer
  • Robert L. NussbaumRobert L. Nussbaum
    Chief Medical Officer
  • Thomas R BridaThomas R Brida
    Secretary & Chief Compliance Officer
  • Robbie Evans
    Chief Strategy Officer













NVTA Stock - Frequently Asked Questions

Should I buy or sell Invitae stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Invitae in the last twelve months. There are currently 4 sell ratings and 7 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NVTA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NVTA, but not buy additional shares or sell existing shares.
View NVTA analyst ratings
or view top-rated stocks.

What is Invitae's stock price forecast for 2023?

11 Wall Street analysts have issued 12-month price targets for Invitae's shares. Their NVTA share price forecasts range from $1.75 to $8.50. On average, they anticipate the company's stock price to reach $4.58 in the next year. This suggests a possible upside of 254.9% from the stock's current price.
View analysts price targets for NVTA
or view top-rated stocks among Wall Street analysts.

How have NVTA shares performed in 2023?

Invitae's stock was trading at $1.86 at the start of the year. Since then, NVTA stock has decreased by 30.6% and is now trading at $1.29.
View the best growth stocks for 2023 here
.

When is Invitae's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our NVTA earnings forecast
.

How were Invitae's earnings last quarter?

Invitae Co. (NYSE:NVTA) announced its quarterly earnings results on Tuesday, February, 28th. The medical research company reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.55) by $0.21. The medical research company earned $122.45 million during the quarter, compared to the consensus estimate of $120.98 million. Invitae had a negative trailing twelve-month return on equity of 59.44% and a negative net margin of 601.64%. The firm's revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.81) EPS.

What guidance has Invitae issued on next quarter's earnings?

Invitae issued an update on its FY 2023 earnings guidance on Tuesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $500.00M-, compared to the consensus revenue estimate of $516.11 million.

What is Sean George's approval rating as Invitae's CEO?

59 employees have rated Invitae Chief Executive Officer Sean George on Glassdoor.com. Sean George has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Invitae own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Invitae investors own include NVIDIA (NVDA), Block (SQ), Roku (ROKU), Tesla (TSLA), Alibaba Group (BABA), Trade Desk (TTD), Shopify (SHOP), Salesforce (CRM), Advanced Micro Devices (AMD) and Okta (OKTA).

When did Invitae IPO?

(NVTA) raised $76 million in an initial public offering on Thursday, February 12th 2015. The company issued 5,400,000 shares at a price of $13.00-$15.00 per share. J.P. Morgan served as the underwriter for the IPO and Cowen and Company and Leerink Partners were co-managers.

What is Invitae's stock symbol?

Invitae trades on the New York Stock Exchange (NYSE) under the ticker symbol "NVTA."

Who are Invitae's major shareholders?

Invitae's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include ARK Investment Management LLC (11.15%), Sumitomo Mitsui Trust Holdings Inc. (7.10%), Nikko Asset Management Americas Inc. (7.10%), Geode Capital Management LLC (1.76%), Charles Schwab Investment Management Inc. (0.72%) and Gilder Gagnon Howe & Co. LLC (0.62%). Insiders that own company stock include Artur Bergman, E Lee Bendekgey, Eric Aguiar, Geoffrey Crouse, Jason W Myers, Katherine Stueland, Kenneth D Knight, Robert F Werner, Robert F Werner, Robert L Nussbaum, Robert L Nussbaum, Sean E George, Sean E George, Shelly D Guyer, Thomas Brida and Yafei Wen.
View institutional ownership trends
.

How do I buy shares of Invitae?

Shares of NVTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Invitae's stock price today?

One share of NVTA stock can currently be purchased for approximately $1.29.

How much money does Invitae make?

Invitae (NYSE:NVTA) has a market capitalization of $316.36 million and generates $516.30 million in revenue each year. The medical research company earns $-3,106,290,000.00 in net income (profit) each year or ($13.35) on an earnings per share basis.

How many employees does Invitae have?

The company employs 1,700 workers across the globe.

How can I contact Invitae?

Invitae's mailing address is 1400 16th Street, SAN FRANCISCO CA, 94103. The official website for the company is www.invitae.com. The medical research company can be reached via phone at (628) 213-3369 or via email at ir@invitae.com.

This page (NYSE:NVTA) was last updated on 3/26/2023 by MarketBeat.com Staff