The current average analyst rating on the shares is buy, with 2 strong buy or buy ratings, no hold ratings, and no sell or strong sell ratings.
Wall Street's median 12-month price target for Innventure Inc is $14.50, about 311.9% above its August 12 closing price of $3.52.
Q2 revenue more than doubles, but remains modest
US industrial growth conglomerate's Q2 revenue more than doubled year over year, but remained modest.
The company said the quarter's adjusted EBITDA loss narrowed, and no goodwill impairment was recorded this quarter.
Q2 loss per basic share was $0.32.
Near-term revenue affected by AI infrastructure constraints
The company said power availability, GPU access, and deployment timing issues for early adopters in AI infrastructure affected near-term revenue expectations for Accelsius.
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