your badges 52W Range $23–$43 65% of range Analyst Rating BUY 10 analysts Price Target $49 +37% upside P/E 12.8 ROE -153.1% Net Profit Margin 26.7%

INDV Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $35.71
P/E (TTM) 12.8
EPS (TTM) $2.79
Revenue (TTM) $1.33B
ROE (TTM) -153.1%
Debt/Equity (MRQ) -2.3
52W Range $23–$43

INDV Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
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10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$1.24B
2022-12-31 → 2025-12-31
EPS$1.64
2022-12-31 → 2025-12-31
Free Cash Flow$-93M
2024-12-31 → 2025-12-31
Net margin26.7%
2024-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend INDV 5Y avg Peer Median Verdict
P/E (TTM) 12.8 · 25.1 Undervalued

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 54.7%
Next Report Oct 28, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 29, 2026 $1.15 $0.89 29.0%
March 31, 2026 $0.96 $0.67 43.7%
Dec. 31, 2025 $0.82 $0.69 19.3%
Sept. 30, 2025 $0.72 $0.42 71.5%
June 30, 2025 $0.51 $0.27 92.3%
March 31, 2025 $0.41 $0.24 72.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 15
Metric Trend 2025202420232022
Revenue $1.24B$1.19B$1.09B$901M
Cost of Revenue $246M$231M$174M$151M
Gross Profit $994M$957M$919M$749M
SG&A Expense $634M$612M$565M$466M
Operating Expenses ·$919M$1.07B$827M
Operating Income $262M$38M$-152M$-77M
Interest Income $22M$23M$43M$19M
Pretax Income $239M$20M$-145M$-86M
Income Tax $29M$13M$-19M$-43M
Net Income $210M$7M$-126M$-42M
EPS (Basic) $1.68$0.05$-0.92$-0.30
EPS (Diluted) $1.64$0.05$-0.92$-0.30
Shares (Basic) 125,000,000132,000,000137,000,000139,000,000
Shares (Diluted) 128,000,000133,000,000137,000,000139,000,000
EBITDA $272M$61M··
Balance Sheet 26
Metric Trend 2025202420232022
Cash & Equivalents $195M$319M$316M·
Short-term Investments $0$1M$94M·
Receivables $253M$254M$254M·
Inventory $153M$167M$126M·
Prepaid Expense $34M$31M$52M·
Other Current Assets $16M$21M··
Current Assets $652M$827M$1.26B·
PP&E (Net) $144M$100M$84M·
PP&E (Gross) $251M$190M$165M·
Accum. Depreciation $107M$90M$81M·
Goodwill $2M$2M$5M·
Other Non-current Assets $27M$39M$36M·
Total Assets $1.20B$1.32B$1.76B·
Accounts Payable $48M$63M$39M·
Current Liabilities $914M$924M$1.28B·
Capital Leases $22M$32M$34M·
Other Non-current Liabilities $21M$18M$31M·
Total Liabilities $1.30B$1.65B$1.94B·
Long-term Debt $319M$333M$240M·
Total Debt $319M$333M··
Common Stock $62M$62M$68M·
Paid-in Capital $112M$90M$88M·
Retained Earnings $-243M$-443M$-288M·
AOCI $-30M$-36M$-30M·
Stockholders' Equity $-98M$-337M$-184M$-15M
Liabilities + Equity $1.20B$1.32B$1.76B·
Cash Flow 15
Metric Trend 2025202420232022
D&A $10M$16M$15M$16M
Stock-based Comp $26M$24M$21M$16M
Deferred Tax $-46M$7M$-64M$-104M
Other Non-cash $-227M$-25M··
Operating Cash Flow $-27M$36M$-300M$-4M
CapEx $66M$29M$8M$5M
Investing Cash Flow $-66M$69M$-95M$-222M
Debt Issued $0$332M$0$0
Net Debt Issued $-17M$92M··
Stock Issued $2M$3M$3M$2M
Stock Repurchased $11M$173M$33M$90M
Net Stock Activity $-9M$-170M··
Financing Cash Flow $-30M$-102M$-64M$-101M
Taxes Paid $38M$46M$32M$57M
Free Cash Flow $-93M$7M··
Profitability 8
Metric Trend 2025202420232022
Gross Margin 80.2%80.6%··
Operating Margin 21.1%2.7%··
Net Margin 17.0%0.17%··
Pretax Margin 19.3%1.2%··
EBITDA Margin 21.9%5.1%··
ROA 16.7%0.13%··
ROE -118.3%-0.61%··
ROIC 104.2%-45.7%··
Liquidity & Solvency 4
Metric Trend 2025202420232022
Current Ratio 0.70.9··
Quick Ratio 0.50.6··
Debt / Equity -3.3-1.0··
LT Debt / Equity -3.0-0.9··
Efficiency 3
Metric Trend 2025202420232022
Asset Turnover 1.00.8··
Inventory Turnover 1.51.5··
Receivables Turnover 4.94.7··
Per Share 3
Metric Trend 2025202420232022
Revenue / Share $9.68$8.93··
Cash Flow / Share $-0.21$0.27··
EPS (TTM) $1.64$0.05··
Growth Rates 4
Metric Trend 2025202420232022
Revenue YoY 4.3%8.7%21.3%·
Revenue CAGR 3Y 11.2%···
EPS YoY 3180.0%···
Net Income YoY 2900.0%···
Valuation (TTM) 4
Metric Trend 2025202420232022
Revenue TTM $1.24B$1.19B··
Net Income TTM $210M$7M··
P/E 21.9248.6··
Earnings Yield 4.6%0.40%··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-31
Revenue $1.24B $1.19B $1.09B $901M
Gross Margin % 80.2% 80.6% · ·
Operating Margin % 21.1% 2.7% · ·
Net Income $210M $7M $-126M $-42M
Diluted EPS $1.64 $0.05 $-0.92 $-0.30

Institutional owners (13F) 346 filers · $5.1B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 346
Value held $5.1B
New positions 86
Exited positions 36
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
86 36 114 107 ·

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair. Change vs prior quarter not shown: filer coverage differs too much between these two quarters for a reliable comparison.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $767,647,995 18,709,432 15.03% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $310,690,936 7,572,287 6.08% Shares
OAKTREE CAPITAL MANAGEMENT LP $251,399,508 6,127,212 4.92% Shares
VANGUARD CAPITAL MANAGEMENT LLC $225,479,791 5,495,486 4.41% Shares
STATE STREET CORP $204,824,673 4,992,071 4.01% Shares
VANGUARD GROUP INC $196,403,209 5,473,891 3.85% Shares
FULLER & THALER ASSET MANAGEMENT, INC. $189,386,924 4,615,816 3.71% Shares
Two Seas Capital LP $142,763,598 3,479,493 2.79% Shares
MORGAN STANLEY $139,325,692 3,395,702 2.73% Shares
FRANKLIN RESOURCES INC $136,070,167 3,316,358 2.66% Shares
GEODE CAPITAL MANAGEMENT, LLC $129,675,346 3,159,866 2.54% Shares
Madison Avenue Partners, LP $117,935,319 2,874,368 2.31% Shares
MANGROVE PARTNERS IM, LLC $109,826,232 2,676,730 2.15% Shares
CITADEL ADVISORS LLC $109,460,942 2,667,827 2.14% Shares
Driehaus Capital Management LLC $94,330,186 2,299,054 1.85% Shares
MILLENNIUM MANAGEMENT LLC $86,119,713 2,098,945 1.69% Shares
DIMENSIONAL FUND ADVISORS LP $77,819,163 1,896,605 1.52% Shares
Invesco Ltd. $75,617,592 1,842,983 1.48% Shares
DEERFIELD MANAGEMENT COMPANY, L.P. $67,654,162 1,648,895 1.32% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $67,374,789 1,642,086 1.32% Shares
Assenagon Asset Management S.A. $63,224,276 1,540,928 1.24% Shares
FEDERATED HERMES, INC. $60,262,772 1,468,749 1.18% Shares
JANE STREET GROUP, LLC $55,665,401 1,356,700 1.09% Call option
Newtyn Management, LLC $53,576,769 1,305,795 1.05% Shares
Point72 Asset Management, L.P. $51,313,718 1,250,639 1.00% Shares
NORTHERN TRUST CORP $50,949,904 1,241,772 1.00% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $50,245,707 1,224,609 0.98% Shares
UBS Group AG $47,620,156 1,160,618 0.93% Shares
GENDELL JEFFREY L $44,982,953 1,096,343 0.88% Shares
Soleus Capital Management, L.P. $43,655,920 1,064,000 0.85% Shares
WESTFIELD CAPITAL MANAGEMENT CO LP $42,720,067 1,041,191 0.84% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $37,226,519 907,300 0.73% Call option
BARCLAYS PLC $37,215,196 907,024 0.73% Shares
VANGUARD FIDUCIARY TRUST CO $35,436,298 863,668 0.69% Shares
Nuveen, LLC $35,121,680 856,000 0.69% Shares
OBERWEIS ASSET MANAGEMENT INC/ $31,970,084 779,188 0.63% Shares
PRINCIPAL FINANCIAL GROUP INC $31,682,299 772,174 0.62% Shares
Bank of New York Mellon Corp $30,529,364 744,074 0.60% Shares
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $28,675,867 698,900 0.56% Shares
GOLDMAN SACHS GROUP INC $28,567,876 696,268 0.56% Shares
CITIGROUP INC $26,382,536 643,006 0.52% Shares
BANK OF AMERICA CORP /DE/ $25,970,635 632,967 0.51% Shares
Divisadero Street Capital Management, LP $24,694,439 601,863 0.48% Shares
Melqart Asset Management (UK) Ltd $24,029,794 585,664 0.47% Shares
DANSKE BANK A/S $23,693,881 577,477 0.46% Shares
UBS Group AG $20,515,000 500,000 0.40% Put option
Public Sector Pension Investment Board $17,186,564 418,878 0.34% Shares
Alta Fundamental Advisers LLC $16,597,825 404,529 0.32% Shares
FMR LLC $16,511,095 402,415 0.32% Shares
PFM Health Sciences, LP $16,461,564 401,208 0.32% Shares

Show all 346 institutional owners →

Activists & 5%+ owners 3 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Oaktree Value Opportunities Fund, L.P., Oaktree London Liquid Value Opportunities Fund (VOF), L.P., Oaktree Phoenix Investment Fund, L.P., Oaktree Capital Management, L.P., Oaktree Fund GP I, L.P., Oaktree Capital Holdings, LLC ×7 filings Aug. 13, 2026 0.76% Amendment · SEC
Two Seas Capital LP, Two Seas Capital GP LLC, Sina Toussi ×10 filings Dec. 23, 2025 4.98% Amendment · SEC
Two Seas Capital LP (2), Two Seas Capital GP LLC (2), Sina Toussi (2) ×4 filings Oct. 17, 2024 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 13 insiders · 6 officers · 6 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Joseph Ciaffoni Chief Executive Officer June 22, 2026 M 790,330 0 0 $0
Ryan Preblick Chief Financial Officer June 8, 2026 S 284,751 0 1 $-1,357,200
Woodrow D Anderson Chief Accounting Officer Aug. 27, 2026 P 27,638 2 0 $107,955
Christian Heidbreder Chief Scientific Officer July 10, 2026 S 209,337 0 2 $-1,472,011
Jeffrey W Burris Chief Legal Officer March 3, 2026 M 71,518 0 0 $0
Patrick A Barry Chief Commercial Officer Feb. 10, 2026 A 31,380 0 0 $0
Keith Humphreys Director May 13, 2026 A 16,042 1 0 $27,427
Barbara Ryan Director May 13, 2026 A 12,242 3 0 $28,685
David E. Wheadon Director May 13, 2026 A 30,780 1 0 $62,676
Juliet Thompson Director May 13, 2026 A 12,973 0 0 $0
Mark Stejbach Director May 13, 2026 A 27,087 1 0 $27,427
Stuart A Kingsley · May 13, 2026 A 12,100 1 0 $29,948
Daniel A Ninivaggi · May 13, 2026 A 27,163 1 0 $27,427

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 55 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
PSCH · Invesco Exchange-Traded Fund Trust … 2.28% 113,519 SH Oct. 1, 2026 Daily
PILL · Direxion Shares ETF Trust 1.19% 6,167 NS July 31, 2026 N-PORT
ROSC · Lattice Strategies Trust 1.10% 16,861 NS July 31, 2026 N-PORT
XSMO · Invesco Exchange-Traded Fund Trust 1.08% 862,576 SH Oct. 1, 2026 Daily
RZG · Invesco Exchange-Traded Fund Trust 1.07% 35,579 SH Oct. 1, 2026 Daily
IHE · iShares Trust 0.96% 451,280 SH Sept. 11, 2026 Daily
VIOG · VANGUARD ADMIRAL FUNDS 0.55% 145,122 SH Aug. 19, 2026 Daily
MEDI · Harbor ETF Trust 0.50% 5,144 NS July 31, 2026 N-PORT
SMDX · Tidal Trust III 0.31% 10,230 NS July 31, 2026 N-PORT
VFMV · VANGUARD WELLINGTON FUND 0.29% 29,098 SH Aug. 19, 2026 Daily
QVMS · Invesco Exchange-Traded Fund Trust … 0.28% 18,484 SH Oct. 1, 2026 Daily
IBBQ · Invesco Exchange-Traded Fund Trust … 0.28% 8,340 SH Oct. 1, 2026 Daily
VIOO · VANGUARD ADMIRAL FUNDS 0.27% 426,273 SH Aug. 19, 2026 Daily
VTWG · VANGUARD SCOTTSDALE FUNDS 0.26% 113,838 SH Aug. 19, 2026 Daily
IWO · iShares Trust 0.24% 997,577 SH Sept. 11, 2026 Daily
JPSE · J.P. Morgan Exchange-Traded Fund Tr… 0.23% 33,603 NS July 31, 2026 N-PORT
BKSE · BNY Mellon ETF Trust 0.18% 3,974 NS July 31, 2026 N-PORT
BBSC · J.P. Morgan Exchange-Traded Fund Tr… 0.18% 31,039 NS July 31, 2026 N-PORT
RSSL · Global X Funds 0.15% 57,429 NS July 31, 2026 N-PORT
VTWO · VANGUARD SCOTTSDALE FUNDS 0.15% 690,386 SH Aug. 19, 2026 Daily
VBK · VANGUARD INDEX FUNDS 0.14% 1,615,433 SH Aug. 19, 2026 Daily
IWM · iShares Trust 0.14% 3,066,804 SH Sept. 11, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.13% 61,992 SH Aug. 19, 2026 Daily
OMFS · Invesco Exchange-Traded Self-Indexe… 0.11% 7,989 SH Oct. 1, 2026 Daily
DFAS · Dimensional ETF Trust 0.09% 346,078 NS July 31, 2026 N-PORT
VFMF · VANGUARD WELLINGTON FUND 0.09% 15,293 SH Aug. 19, 2026 Daily
RWJ · Invesco Exchange-Traded Fund Trust … 0.09% 48,514 SH Oct. 1, 2026 Daily
VXF · VANGUARD INDEX FUNDS 0.06% 1,399,006 SH Aug. 19, 2026 Daily
VB · VANGUARD INDEX FUNDS 0.06% 2,796,101 SH Aug. 19, 2026 Daily
VHT · VANGUARD WORLD FUND 0.06% 311,407 SH Aug. 19, 2026 Daily
FHLC · FIDELITY COVINGTON TRUST 0.06% 49,244 NS July 31, 2026 N-PORT
ESML · iShares Trust 0.06% 46,659 SH Sept. 11, 2026 Daily
ISCG · iShares Trust 0.05% 14,307 SH Sept. 11, 2026 Daily
VTWV · VANGUARD SCOTTSDALE FUNDS 0.04% 11,832 SH Aug. 19, 2026 Daily
TILT · FlexShares Trust 0.04% 21,330 NS July 31, 2026 N-PORT
WSML · iShares Trust 0.04% 6,780 SH Sept. 11, 2026 Daily
DCOR · Dimensional ETF Trust 0.02% 15,963 NS July 31, 2026 N-PORT
DFIS · Dimensional ETF Trust 0.02% 24,724 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.02% 9,300 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.02% 186,083 NS July 31, 2026 N-PORT
VTI · VANGUARD INDEX FUNDS 0.01% 3,874,569 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.01% 9,841 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.01% 26,449 SH Aug. 19, 2026 Daily
DFAU · Dimensional ETF Trust 0.01% 25,483 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.01% 34,194 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.01% 161,560 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.01% 32,981 SH Sept. 10, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.00% 96,380 SH Aug. 19, 2026 Daily
IJR · iShares Trust · 7,440,742 SH Sept. 10, 2026 Daily
IJT · iShares Trust · 1,153,453 SH Sept. 9, 2026 Daily
IWN · iShares Trust · 131,004 SH Sept. 11, 2026 Daily
ISCB · iShares Trust · 5,188 SH Sept. 11, 2026 Daily
ISCV · iShares Trust · 15,035 SH Sept. 11, 2026 Daily
SMLF · iShares Trust · 93,147 SH Sept. 11, 2026 Daily
SMMV · iShares Trust · 16,330 SH Aug. 19, 2026 Daily

INDV Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 10 analysts BUY
Median target $50.00 +40.0%
3 30.0% Strong Buy
6 60.0% Buy
1 10.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

4 analysts · 2026-10-02

Mean target $49.00 +37.2%

← Below all targets Current price $35.71
Low$43.00 Mean$49.00 High$53.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
INDV · 21.9 4.3% 17.0% -118.3% 80.2%
LGND $3.74B 30.8 60.4% 46.4% 13.5% ·
DFTX $1.32B -6.5 212.0% · -71.0% ·
MANE · · · · 82.6% ·
EWTX $2.64B -15.2 · · -30.2% ·
OGN $1.87B 10.0 -2.9% 3.0% 25.2% 53.3%
AMLX $1.33B -7.9 -77.1% · -61.2% ·
TARS $3.48B -51.5 146.7% -14.7% -19.7% ·
ELVN $915M -8.4 · · -21.9% ·
MBX $1.42B -13.3 · · -29.6% ·

Latest News Recent headlines mentioning this company

23
Indivior's Chief Scientific Officer Sold Over 18,000 Company Shares. Should Investors Worry? Nasdaq · 3 months, 2 weeks ago Indivior Announces $175 Mln Accelerated Share Repurchase Agreement; Shares Surge Nasdaq · 4 months, 4 weeks ago

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25
BLUECHIP_DIP Open Sep 8
risk 1 reward 3.12
entry $34.57 R:R 3.12
BOUNCE_UP Stopped out Jan 9
risk 1 reward 2.50
entry $34.66 R:R 2.50

Live signal — the only filled card on screen.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 3, 2026