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Inventiva S.A.ENXTPA:IVA Stock Report

Market Cap €912.9m
Share Price
€4.38
€9.97
56.1% undervalued intrinsic discount
1Y59.3%
7D-8.9%
1D
Portfolio Value
View

Inventiva S.A.

ENXTPA:IVA Stock Report

Market Cap: €912.9m

Inventiva (IVA) Stock Overview

A clinical-stage biopharmaceutical company, focuses on the development of oral small molecule therapies for the treatment of metabolic dysfunction-associated steatohepatitis (MASH) and other diseases in France and internationally. More details

IVA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth3/6
Past Performance0/6
Financial Health0/6
Dividends0/6

IVA Community Fair Values

Create Narrative

See what 16 others think this stock is worth. Follow their fair value or set your own to get alerts.

Inventiva S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Inventiva
Historical stock prices
Current Share Price€4.38
52 Week High€6.20
52 Week Low€2.56
Beta0.88
1 Month Change-3.95%
3 Month Change-22.06%
1 Year Change59.27%
3 Year Change75.20%
5 Year Change-61.44%
Change since IPO-48.95%

Recent News & Updates

Narrative Update May 19

IVA: 2026 MASH Phase 3 Readout Will Underpin Bullish Repricing Outlook

Analysts have trimmed their fair value estimate for Inventiva slightly from about €10.00 to about €9.97, pointing to updated assumptions around profit margins and a higher future P/E that balance recent caution from one research house with a more bullish initiation from another. Analyst Commentary Bullish Takeaways Bullish analysts see the slightly higher assumed future P/E as support for the idea that investors may be willing to pay up for the stock if execution on the current pipeline stays on track.
Narrative Update May 04

IVA: 2026 MASH Phase 3 Readout Will Drive Repricing Thesis

Analysts have trimmed their price target on Inventiva by €2, reflecting slightly more cautious revenue growth assumptions, expectations for stronger profit margins, and a marginally lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the revised price target as still consistent with meaningful upside potential if Inventiva can deliver on revenue expectations and margin improvement.
Narrative Update Apr 20

IVA: 2026 MASH Phase 3 Readout Will Support Repricing Thesis

Analysts now see Inventiva’s fair value holding at €10.00, with the latest price target update explained by a slightly higher discount rate, adjusted revenue growth and margin assumptions, and a lower future P/E multiple following recent initiation and target revision reports from several firms. Analyst Commentary Recent Street research on Inventiva points to a mix of optimism around the long term setup and caution around execution risk.
Narrative Update Apr 06

IVA: 2026 MASH Phase 3 Readout Will Drive Repricing Narrative

The analyst price target for Inventiva has shifted from €8.98 to about €10.00, reflecting updated analyst views that balance a slightly higher discount rate with Street research highlighting lanifibranor's profile in MASH and recent supportive coverage from multiple firms. Analyst Commentary Street research around Inventiva centers on how effectively the company can turn lanifibranor's MASH profile into a de-risked late stage asset and how that potential squares with recent price target resets and rating changes.

Recent updates

Narrative Update May 19

IVA: 2026 MASH Phase 3 Readout Will Underpin Bullish Repricing Outlook

Analysts have trimmed their fair value estimate for Inventiva slightly from about €10.00 to about €9.97, pointing to updated assumptions around profit margins and a higher future P/E that balance recent caution from one research house with a more bullish initiation from another. Analyst Commentary Bullish Takeaways Bullish analysts see the slightly higher assumed future P/E as support for the idea that investors may be willing to pay up for the stock if execution on the current pipeline stays on track.
Narrative Update May 04

IVA: 2026 MASH Phase 3 Readout Will Drive Repricing Thesis

Analysts have trimmed their price target on Inventiva by €2, reflecting slightly more cautious revenue growth assumptions, expectations for stronger profit margins, and a marginally lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the revised price target as still consistent with meaningful upside potential if Inventiva can deliver on revenue expectations and margin improvement.
Narrative Update Apr 20

IVA: 2026 MASH Phase 3 Readout Will Support Repricing Thesis

Analysts now see Inventiva’s fair value holding at €10.00, with the latest price target update explained by a slightly higher discount rate, adjusted revenue growth and margin assumptions, and a lower future P/E multiple following recent initiation and target revision reports from several firms. Analyst Commentary Recent Street research on Inventiva points to a mix of optimism around the long term setup and caution around execution risk.
Narrative Update Apr 06

IVA: 2026 MASH Phase 3 Readout Will Drive Repricing Narrative

The analyst price target for Inventiva has shifted from €8.98 to about €10.00, reflecting updated analyst views that balance a slightly higher discount rate with Street research highlighting lanifibranor's profile in MASH and recent supportive coverage from multiple firms. Analyst Commentary Street research around Inventiva centers on how effectively the company can turn lanifibranor's MASH profile into a de-risked late stage asset and how that potential squares with recent price target resets and rating changes.
Narrative Update Mar 23

IVA: Bullish MASH Program Coverage Will Highlight Upcoming Clinical Milestone Catalysts

The analyst price target for Inventiva has been revised to €11.40. This reflects analysts' use of a slightly higher discount rate, an updated view on very large revenue growth potential, and adjusted future P/E assumptions informed by recent bullish initiations and upgrades on the stock.
Narrative Update Mar 08

IVA: 2026 MASH Phase 3 Readout Expected To Drive Bullish Repricing

Analysts have increased their average price target for Inventiva to €12, up from €3, citing fresh bullish initiations and upgrades that highlight lanifibranor's differentiated profile in metabolic dysfunction-associated steatohepatitis, its inclusion among preferred small and mid cap biotech names with key upcoming catalysts, and its broader pipeline. Analyst Commentary Recent research coverage clusters around a constructive view on Inventiva, with several firms setting price targets around €12 and highlighting both the lead MASH asset and the broader pipeline as key pieces of the story.
Narrative Update Feb 21

IVA: 2026 MASH Phase 3 Readout Will Support Bullish Repricing View

Analysts have raised their Inventiva fair value estimate from €7.85 to approximately €8.98, citing recent Buy and Outperform initiations that underscore confidence in lanifibranor's MASH potential and a modest increase in the assumed future P/E multiple. Analyst Commentary Recent research coverage paints a generally constructive picture for Inventiva, with several firms starting or updating views that focus on lanifibranor's potential in MASH and re-rating the shares using higher P/E assumptions and price targets.
Narrative Update Feb 07

IVA: Bullish Coverage And Equity Raises Will Highlight Upcoming MASH Catalyst

The analyst price target for Inventiva has moved from $10.00 to $11.40 as analysts factor in recent bullish initiations and upgrades that highlight lanifibranor's profile in MASH and identify the company as part of a group with key upcoming catalysts and broader pipelines. Analyst Commentary Bullish analysts are clustering around a constructive view on Inventiva, pointing to recent initiations and upgrades that anchor higher valuation frameworks to the MASH opportunity and the broader pipeline.
Narrative Update Jan 22

IVA: 2026 Phase 3 MASH Readout Will Drive Bullish Repricing Narrative

Narrative Update on Inventiva Analysts have raised their price targets on Inventiva to a range of about US$12 to US$13 per share, up from around US$3 in earlier research. They cite new Outperform and Buy ratings that highlight lanifibranor's pan PPAR profile in MASH and upcoming clinical catalysts as key supports for a higher valuation framework.
Narrative Update Jan 08

IVA: 2026 Phase 3 MASH Readout Expected To Unlock Upside Repricing

Analysts have raised their price target on Inventiva to $12 from $3, citing growing confidence in upcoming lanifibranor data, a broader biotech re-rating, and what they view as a de-risked, best-in-class pipeline with multiple catalysts ahead. Analyst Commentary Recent Street research around Inventiva clusters around a more constructive view of its lead asset lanifibranor and the company’s late stage pipeline, which analysts link directly to their higher valuation frameworks and upgraded views on the stock.
Narrative Update Dec 23

IVA: 2026 Phase 3 MASH Data Will Drive Upside Repricing

Analysts have modestly reduced their price target on Inventiva to $7.85 from $8.20 while maintaining a constructive stance based on expectations that lanifibranor could show superior fibrosis improvement in the pivotal Phase 3 NATiV3 trial, which is expected in the second half of 2026. Analyst Commentary Bullish analysts highlight that despite the modest reduction in the price target, the longer term valuation framework remains driven by the potential of lanifibranor to outperform currently approved MASH therapies on fibrosis endpoints.
Narrative Update Dec 09

IVA: 2026 Phase 3 Fibrosis Data Will Drive Significant Upside Potential

Analysts have modestly raised their price target on Inventiva to $13.00, reflecting increased confidence in lanifibranor's potential for superior fibrosis improvement ahead of the pivotal Phase 3 NATiV3 data, which is expected in the second half of 2026. Analyst Commentary Recent Street research highlights a generally constructive stance on Inventiva, anchored by optimism around lanifibranor's potential differentiation in the emerging MASH treatment landscape and the value inflection expected around the Phase 3 NATiV3 readout in the second half of 2026.
Analysis Article Dec 03

These Analysts Think Inventiva S.A.'s (EPA:IVA) Sales Are Under Threat

The latest analyst coverage could presage a bad day for Inventiva S.A. ( EPA:IVA ), with the analysts making...
Narrative Update Nov 25

IVA: Upcoming 2026 Phase 3 Data Will Unlock Significant Upside Potential

Inventiva's analyst price target has been raised from $7.95 to $8.20 per share. This increase reflects growing optimism among analysts due to increased confidence in lanifibranor's potential Phase 3 efficacy and expanding market opportunities.
Narrative Update Nov 06

IVA: Phase 3 Readout Will Drive Future Upside Amid Bullish Coverage

Analysts have maintained their fair value estimate for Inventiva at $7.95, citing continued optimism around forthcoming Phase 3 data. There is also a growing consensus on the promising outlook for lanifibranor in the MASH market.
Analysis Article Oct 31

The Price Is Right For Inventiva S.A. (EPA:IVA) Even After Diving 30%

Inventiva S.A. ( EPA:IVA ) shares have retraced a considerable 30% in the last month, reversing a fair amount of their...
Narrative Update Oct 23

Analysts Boost Inventiva Price Target Amid Optimism for MASH Market and Pipeline Progress

Analysts have raised their average price target for Inventiva from $9 to $13 per share, citing increased optimism for the Metabolic-Associated Steatohepatitis market as well as a larger anticipated target patient population. Analyst Commentary Bullish Takeaways Bullish analysts have increased their price targets, reflecting heightened enthusiasm for the Metabolic-Associated Steatohepatitis market and an anticipated expansion in the eligible patient population.
Narrative Update Oct 09

Phase III Trials Will Advance Lanifibranor For MASH Treatment

Analysts have increased their fair value estimate for Inventiva from $6.45 to $7.95 per share. They cited greater conviction in revenue growth potential and profit margins for its lead asset in the metabolic disease market.
Analysis Article Oct 08

Revenue Downgrade: Here's What Analysts Forecast For Inventiva S.A. (EPA:IVA)

The latest analyst coverage could presage a bad day for Inventiva S.A. ( EPA:IVA ), with the analysts making...
Analysis Article Sep 04

Need To Know: The Consensus Just Cut Its Inventiva S.A. (EPA:IVA) Estimates For 2025

Today is shaping up negative for Inventiva S.A. ( EPA:IVA ) shareholders, with the analysts delivering a substantial...
Analysis Article Aug 15

There's Reason For Concern Over Inventiva S.A.'s (EPA:IVA) Massive 27% Price Jump

The Inventiva S.A. ( EPA:IVA ) share price has done very well over the last month, posting an excellent gain of 27...
User avatar
New Narrative Apr 02

Phase III Trials Will Advance Lanifibranor For MASH Treatment

Strategic focus on lanifibranor development, cutting other activities, and reducing workforce may improve net margins through operational efficiency.
Analysis Article Apr 02

Need To Know: Analysts Are Much More Bullish On Inventiva S.A. (EPA:IVA)

Inventiva S.A. ( EPA:IVA ) shareholders will have a reason to smile today, with the analysts making substantial...
Analysis Article Feb 27

Revenues Not Telling The Story For Inventiva S.A. (EPA:IVA) After Shares Rise 36%

Inventiva S.A. ( EPA:IVA ) shares have had a really impressive month, gaining 36% after a shaky period beforehand. But...
Analysis Article Sep 27

Inventiva S.A. (EPA:IVA) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely

Unfortunately for some shareholders, the Inventiva S.A. ( EPA:IVA ) share price has dived 28% in the last thirty days...
Analysis Article Jun 18

More Unpleasant Surprises Could Be In Store For Inventiva S.A.'s (EPA:IVA) Shares After Tumbling 28%

Inventiva S.A. ( EPA:IVA ) shareholders that were waiting for something to happen have been dealt a blow with a 28...
Analysis Article Jun 14

Shareholders May Not Be So Generous With Inventiva S.A.'s (EPA:IVA) CEO Compensation And Here's Why

Key Insights Inventiva to hold its Annual General Meeting on 20th of June Total pay for CEO Frederic Cren includes...
Analysis Article Mar 19

Optimistic Investors Push Inventiva S.A. (EPA:IVA) Shares Up 27% But Growth Is Lacking

Those holding Inventiva S.A. ( EPA:IVA ) shares would be relieved that the share price has rebounded 27% in the last...
Analysis Article Jan 16

Some Confidence Is Lacking In Inventiva S.A.'s (EPA:IVA) P/S

When close to half the companies in the Biotechs industry in France have price-to-sales ratios (or "P/S") below 5.8x...

Shareholder Returns

IVAFR BiotechsFR Market
7D-8.9%-0.8%0.2%
1Y59.3%336.1%-0.6%

Return vs Industry: IVA underperformed the French Biotechs industry which returned 336.1% over the past year.

Return vs Market: IVA exceeded the French Market which returned -0.6% over the past year.

Price Volatility

Is IVA's price volatile compared to industry and market?
IVA volatility
IVA Average Weekly Movement7.3%
Biotechs Industry Average Movement9.3%
Market Average Movement5.4%
10% most volatile stocks in FR Market10.7%
10% least volatile stocks in FR Market2.9%

Stable Share Price: IVA has not had significant price volatility in the past 3 months compared to the French market.

Volatility Over Time: IVA's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201173Andrew Obenshaininventivapharma.com

Inventiva S.A., a clinical-stage biopharmaceutical company, focuses on the development of oral small molecule therapies for the treatment of metabolic dysfunction-associated steatohepatitis (MASH) and other diseases in France and internationally. It develops Lanifibranor, a novel peroxisome proliferator-activated receptor agonist that is in the NATiV3 Phase 3 clinical trial to treat adult patients with MASH; and Odiparcil for the treatment of patients with mucopolysaccharidoses. The company also develops TGF-ß, a pre-clinical program for the treatment of idiopathic pulmonary fibrosis.

Inventiva S.A. Fundamentals Summary

How do Inventiva's earnings and revenue compare to its market cap?
IVA fundamental statistics
Market cap€912.87m
Earnings (TTM)-€354.14m
Revenue (TTM)€6.76m
134.6x
P/S Ratio
-2.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IVA income statement (TTM)
Revenue€6.76m
Cost of Revenue€22.00k
Gross Profit€6.74m
Other Expenses€360.88m
Earnings-€354.14m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Sep 25, 2026

Earnings per share (EPS)-1.70
Gross Margin99.67%
Net Profit Margin-5,237.95%
Debt/Equity Ratio-799.8%

How did IVA perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 19:12
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Inventiva S.A. is covered by 23 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eliana MerleBarclays
Edward NashCanaccord Genuity
Etzer DaroutGuggenheim Securities, LLC