INNOVATE Corp.

INNOVATE Corp.

VATEยทNYSE

$17.13

+11%
IndustrialsEngineering & Construction

INNOVATE Corp., through its subsidiaries, operates in infrastructure, life sciences, and spectrum areas in the United States. It provides industrial construction, structural steel, and facility maintenance services for use in commercial, industrial, and infrastructure construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, metal processing, refineries, pulp and paper mills, and power plants. The company also fabricates trusses and girders; and fabricates and erects water pipe, water storage tanks, tunnel liners, pressure vessels, strainers, filters, separators, and other customized products. In addition, it offers integrated solutions for digital engineering, modeling and detailing, construction, heavy equipment installation, and facility services; and steel and rebar detailing, and BIM modeling and management services, as well as equipment used in the oil, gas, petrochemical, and pipeline industries. Further, the company develops products for early osteoarthritis of the knee, and aesthetic and medical technologies for the skin. Additionally, it operates over-the-air broadcasting stations and Azteca America, a Spanish-language broadcast network. The company was formerly known as HC2 Holdings, Inc. and changed its name to INNOVATE Corp. in September 2021. The company was incorporated in 1994 and is headquartered in New York, New York.

At a Glance

Live Snapshot
Market Cap$233.69M
EPS-4.8400
P/E Ratio-3.54
Earnings Date08/05/2026
vate

INNOVATE Corp. Street Expectations Map

VATE ยท NYSE

No Target Data

No analyst price targets available for vate.

vate

INNOVATE Corp. Forward Estimates of Revenue

VATE ยท NYSE
Latest Revenue
1.25B
FY 2025
Avg Estimate
1.61B
FY 2026
Estimate Range
1.61B - 1.61B
Analyst Spread

Forward Growth Analysis

Projected Growth+29.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

vate

INNOVATE Corp. Forward Estimates of Net Income

VATE ยท NYSE
Latest Net Income
-60.60M
FY 2025
Avg Estimate
-145.44M
FY 2026
Estimate Range
-145.44M - -145.44M
Analyst Spread

Forward Growth Analysis

Projected Growth-140.0%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

vate

INNOVATE Corp. Forward Estimates of EPS

VATE ยท NYSE
Latest EPS
-4.84
FY 2025
Avg Estimate
$-11.00
FY 2026
Estimate Range
$-11.00 - $-11.00
Analyst Spread

Forward Growth Analysis

Projected Growth-127.3%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

vate

INNOVATE Corp. Forward Estimates of EBIT

VATE ยท NYSE
Latest EBIT
34.20M
FY 2025
Avg Estimate
29.07M
FY 2026
Estimate Range
29.07M - 29.07M
Analyst Spread

Forward Growth Analysis

Projected Growth-15.0%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

vate

INNOVATE Corp. Forward Estimates of EBITDA

VATE ยท NYSE
Latest EBITDA
64.60M
FY 2025
Avg Estimate
72.92M
FY 2026
Estimate Range
72.92M - 72.92M
Analyst Spread

Forward Growth Analysis

Projected Growth+12.9%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

vate

INNOVATE Corp. Forward Estimates of SG&A Expense

VATE ยท NYSE
Latest SG&A Expense
153.10M
FY 2025
Avg Estimate
38.20M
FY 2026
Estimate Range
38.20M - 38.20M
Analyst Spread

Forward Growth Analysis

Projected Growth-75.1%

Significant contraction projectedโ€”major business challenges or industry disruption likely.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread0%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookNeutral

Mixed signalsโ€”some positive indicators offset by concerns about growth or uncertainty.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

vate

INNOVATE Corp. Insider Positioning

VATE ยท NYSE

During the last 12 months, insiders have purchased $1.57M worth of VATE shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

100.0K

567.00K

Sold

0

0.00

Net Activity

+567K

+$567K

9-12 Months

Bought

176.1K

1000.00K

Sold

0

0.00

Net Activity

+1000K

+$1000K

Top Buyers

1
VP

Voigt Paul

Officer: Interim Ceo

276.1K sharesโ€ข2 transactions

$1.57M

2
GAA

Glazer Avram A

Director, 10 Percent Owner:

0 sharesโ€ข1 transactions

$0

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $1.57M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Insider Participation

High Buying

2 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.