13 stories mentioning INIOUpdated 15d ago
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Innio (INIO) has an average rating of overweight and mean price target of $38.70, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Innio (INIO) said Tuesday it won an order to supply about 1.1 gigawatts of gas engine capacity to an unnamed developer and operator of mega-scale data center campuses.Financial details weren't disclosed.The order intake, which was booked in Q2, will be delivered in phases, providing Innio with multi-year revenue visibility, the company said.Price: $24.05, Change: $-2.88, Percent Change: -10.68%
Innio's (INIO) margin is expected to expand, driven by data center equipment mix, UBS analysts said in a Monday note.Analysts project revenue and earnings compound annual growth rate of 25% and 30%, respectively, from 2025 to 2030, driven by the company's exposure to data centers and broader demand for power.UBS said it estimates the company's service intensity can double from $30 million per gigawatt to $60 million for data center applications, enabling meaningful and margin-accretive growth well into the 2030s.Analysts project Innio's data center business to grow tenfold over the next three years, from $260 million last year to $2.7 billion by 2028.UBS expects the company to more than double its earnings before interest, taxes, depreciation, and amortization by 2028.Analysts initiated coverage on the stock with a buy rating and a $47 price target.Price: $36.11, Change: $-1.19, Percent Change: -3.18%
Innio Group (INIO) is positioned to benefit from rising demand for on-site power at data centers with its high-speed reciprocating natural gas engines expected to drive strong revenue growth and margin expansion, Morgan Stanley said Monday in a report, initiating coverage of the stock with an overweight rating.Innio is one of the largest manufacturers of high-speed reciprocating engines, among the most attractive on-site power solutions for data centers due to their favorable economics, fuel efficiency, rapid deployment and modular design, Morgan Stanley said. The company also benefits from its Jenbacher brand, multiyear order backlog and global service network, the report said.Morgan Stanley forecasts 24% revenue compound annual growth rates and 36% EBITDA CAGR from 2026 through 2030 as shipments increase to 9.2 gigawatts, adding that the stock does not fully reflect Innio's long-term growth prospects, pricing power and ability to maintain its leadership in the engine market.Morgan Stanley has a $47 price target on Innio shares.Price: $35.66, Change: $-1.63, Percent Change: -4.37%
BofA Initiates Innio at Buy With $46 Price Target
(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
