Innventure, Inc. (NASDAQ:INV) is one of the Best Penny Asset Management Stocks to Buy Now. On August 15, Northland Securities analyst Nehal Chokshi maintained a Buy rating on Innventure, Inc. (NASDAQ:INV) with a price target of $13.
The bullish sentiment by Northland follows the company’s second-quarter results for fiscal 2025. The company posted encouraging results with $0.48 million in revenue, up from $0.22 million a year ago. Management noted key achievements across its operating companies, including Accelsius, which expanded market reach by new deployments at major data centers like Global Switch, Compucenter, and Equinix. Moreover, Accelsius also achieved important thermal performance milestones with its NeuCool technology.
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Similarly, AeroFlexx, another company operated by Innventure, Inc. (NASDAQ:INV), reported a fourth consecutive quarter of revenue growth and earned Critical Guidance Recognition from the Association of Plastic Recyclers. Management remains optimistic about the second half of 2025 and expects 2025 to be a year of revenue growth across its businesses.
Innventure, Inc. (NASDAQ:INV) funds and operates companies that develop transformative and sustainable technology solutions sourced from multinational corporations.
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Disclosure: None. This article is originally published at Insider Monkey.