The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

INVA

Concerning the House

Innoviva, Inc. operates as a biopharmaceutical company in the United States and internationally. Its royalty portfolio includes RELVAR/BREO ELLIPTA, a once-daily combination medicine consisting of a LABA, vilanterol, and an inhaled corticosteroid, and fluticasone furoate; ANORO ELLIPTA, a once-daily medicine combining a long-acting muscarinic antagonist, umeclidinium bromide, and ABA, VI. The company also markets GIAPREZA for increasing blood pressure in adults with septic or other distributive shock; XACDURO, a co-packaged for intravenous use for the treatment of hospital-acquired and ventilator-associated bacterial pneumonia caused by Acinetobacter; XERAVA for the treatment of complicated intra-abdominal infections in adults; ZEVTERA an advanced-generation cephalosporin antibiotic for the treatment of staphylococcus aureus bacteremia, as well as with right-sided endocarditis, acute bacterial skin and skin structure infections, and community-acquired bacterial pneumonia; NUZOLVENCE for the treatment of uncomplicated urogenital gonorrhea in adults and adolescents. In addition, the company develops bacteriophages with potential use in a range of infectious and other serious diseases. It has a strategic partnership with Sarissa Capital Management LP; and LABA Collaboration Agreement with Glaxo Group Limited to develop and commercialize once-daily products for the treatment of chronic obstructive pulmonary disease and asthma. The company was formerly known as Theravance, Inc. and changed its name to Innoviva, Inc. in January 2016. Innoviva, Inc. was incorporated in 1996 and is headquartered in Burlingame, California.

United States · www.inva.com

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$310.46M+19.9%
Operating income$163.75M+63.9%
Cash from ops$188.69M+13.4%
Quotation

$20.75

-0.06 (-0.3%)

52w hi$24.24
52w lo$16.67
Vol475.83K
As ofAug 13
The Verdict

Hold

Our score +0.05

Short-0.34
Medium+0.15
Long+0.62

computed 2026-08-13

By the Numbers

Innoviva, Inc.

Healthcare · Biotechnology

Market cap$1.50B
Enterprise value$1.26B
Trailing P/E4.81x
Forward P/E9.39x
EV / EBITDA6.43x
P / S (ttm)3.41x
Profit margin81.2%
Return on equity36.7%
Revenue growth+19.3%
Earnings growth
Debt / equity26.86
Risk Metrics
Beta vs SPX0.14
Corr SPX0.09
Annual vol24.3%
Annual ret+9.3%
Sharpe0.38
Max DD-23.5%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.41
Sector+0.12
Technical-0.13
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$21.00$21.01$20.59$20.75475.83K
Aug 12$20.69$21.12$20.62$20.81595.90K
Aug 11$20.68$20.86$20.54$20.75596.00K
Aug 10$20.42$20.82$20.39$20.68877.60K
Aug 7$20.93$20.96$20.20$20.511.14M