How Is Invivyd Inc.(NASDAQ: IVVD) Is Expected To Perform In The Next Few Months?

Invivyd Inc (NASDAQ:IVVD) has a beta value of 0.63 and has seen 2.06 million shares traded in the last trading session. The company, currently valued at $113.62M, closed the last trade at $0.95 per share which meant it lost -$0.04 on the day or -4.27% during that session. The IVVD stock price is -447.37% off its 52-week high price of $5.20 and 14.74% above the 52-week low of $0.81. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.39 million shares traded. The 3-month trading volume is 432.62K shares.

The consensus among analysts is that Invivyd Inc (IVVD) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 3 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.33.

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Invivyd Inc (NASDAQ:IVVD) trade information

Sporting -4.27% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the IVVD stock price touched $0.95 or saw a rise of 9.52%. Year-to-date, Invivyd Inc shares have moved -75.86%, while the 5-day performance has seen it change 4.94%. Over the past 30 days, the shares of Invivyd Inc (NASDAQ:IVVD) have changed -16.55%. Short interest in the company has seen 6.81 million shares shorted with days to cover at 14.07.

Wall Street analysts have a consensus price target for the stock at $9.5, which means that the shares’ value could jump 90.0% from current levels. The projected low price target is $9.0 while the price target rests at a high of $10.0. In that case, then, we find that the current price level is -952.63% off the targeted high while a plunge would see the stock gain -847.37% from current levels.

Invivyd Inc (IVVD) estimates and forecasts

Figures show that Invivyd Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -64.77% over the past 6 months, with this year growth rate of 66.85%, compared to 17.40% for the industry.

3 analysts offering their estimates for the company have set an average revenue estimate of 33.23M for the current quarter. 2 have an estimated revenue figure of 117.6M for the next ending quarter.

IVVD Dividends

Invivyd Inc is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Invivyd Inc (NASDAQ:IVVD)’s Major holders

Insiders own 18.17% of the company shares, while shares held by institutions stand at 80.36% with a share float percentage of 98.19%. Investors are also buoyed by the number of investors in a company, with Invivyd Inc having a total of 107.0 institutions that hold shares in the company. The top two institutional holders are MAVERICK CAPITAL LTD with over 11.77 million shares worth more than $12.94 million. As of 2024-06-30, MAVERICK CAPITAL LTD held 10.1764% of shares outstanding.

The other major institutional holder is DEEP TRACK CAPITAL, LP, with the holding of over 10.95 million shares as of 2024-06-30. The firm’s total holdings are worth over $12.05 million and represent 9.4742% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Fidelity Growth Company Fund . As of Jun 30, 2024 , the former fund manager holds about 2.50% shares in the company for having 2.99 shares of worth $2.84 million while later fund manager owns 2.42 shares of worth $2.3 million as of Aug 31, 2024 , which makes it owner of about 2.02% of company’s outstanding stock.