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INNOVATE Corp. (VATE)
$7.03-0.41 (-5.51%)
Market ClosedLast close Sep 8
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States.
Historical Price
Price (Candle)
50-Day SMA
200-Day SMA
Whystock Brain
The Narrative
INNOVATE Corp. in the Industrials sector is trading at $7.03 with a market capitalization of $107M. The stock is currently near its 52-week low of $3.75, remaining 17.9% below its 200-day moving average. On fundamentals, Piotroski 5/9 shows mixed financial quality, Altman Z in the distress zone. The Whystock Score of 50/100 suggests a balanced risk-reward profile.
Ecosystem Influences
Long-term trend bearish (price vs 200-day SMA)
Macro-economic sensitivity to interest rate and inflation shifts
Quarterly Financials
| Metric (USD) | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Total Revenue | $421.60M↑ | $364.80M↓ | $382.70M↑ | $347.10M↑ | $242.00M |
| Gross Profit | $79.50M↑ | $53.50M↓ | $58.90M↑ | $49.70M↑ | $45.60M |
| Operating Income | $34.50M↑ | $10.00M↓ | $14.30M↑ | $6.10M↑ | $4.90M |
| Net Income | $10.70M↑ | -$16.80M↓ | -$7.40M↑ | -$8.90M↑ | -$19.80M |
Peer Comparison
Fundamentals
INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. The company operates through the Infrastructure, Life Sciences, and Spectrum segments. The Infrastructure segment provides i...
Market Cap
Total dollar market value of a company's outstanding shares of stock (Price * Shares).
$107.36M
P/E Ratio
Priced for growth. Investors expect sustained double-digit expansion.
-
Beta
High-beta play. Expect amplified moves vs. the broad market.
2.37
Div Yield
Low to zero yield. Return is entirely dependent on price appreciation.
0.00%
ROE
Average efficiency. Growth may require heavy reinvestment.
9.21%
Volume
Today's trading volume
151,657
Recent News
Could IES Holdings (IESC) Win Big While INNOVATE (VATE) Bets its Future on Debt Reduction?
On August 10, IES Holdings, Inc. (NASDAQ:IESC) announced a definitive agreement to acquire DBM Global from INNOVATE Corp. (NYSE:VATE) for approximately $650 million in combined cash and stock ($685 million total consideration including minority interest buyouts and tax election payments). This major structural deal reshapes both companies, but their underlying financial trajectories explain why the […]
VATE Q2 Earnings Improve Y/Y as Infrastructure Revenues Surge
INNOVATE swings to a Q2 profit as revenues surge 74.2% y/y, fueled by DBM Global's growth, wider margins and backlog gains, while debt and liquidity remain in focus.
INNOVATE Q2 Earnings Call Highlights
INNOVATE (NYSE:VATE) reported second-quarter 2026 revenue of $421.6 million, up 74.2% from $242 million a year earlier, as its Infrastructure segment delivered record revenue, wider margins and backlog growth. The company posted net income attributable to common and participating preferred stockhold
Innovate Corp (VATE) (Q2 2026) Earnings Call Highlights: Record Infrastructure Performance and ...
DBMG delivers record revenue and backlog growth while broadcasting refinancing and Connex Corp agreement reshape capital structure.
The Zacks Analyst Blog Highlights Applied Materials, Mastercard, AbbVie, INNOVATE and BranchOut
AMAT, MA, ABBV, VATE and BOF headline new research reports highlighting AI, payments, healthcare and microcap growth opportunities.