Movement Alert|INNIO Holding Rises 5.53% in Regular Trading, UBS and Morgan Stanley Initiate Coverage With Bullish Ratings

Market Focus06-30

On June 30, INNIO Holding rose 5.53% in regular trading, trading at $40.44/share, with turnover of $109 million. The stock was driven higher after UBS and Morgan Stanley simultaneously initiated coverage with bullish ratings.

UBS initiated coverage with a Buy rating and a $47 price target, projecting the company's data center business to grow tenfold over the next three years, from $260 million last year to $2.7 billion by 2028. UBS estimates revenue and earnings CAGR of 25% and 30%, respectively, from 2025 to 2030, with service intensity doubling from $30 million per gigawatt to $60 million for data center applications.

Morgan Stanley initiated with an Overweight rating, forecasting 24% revenue CAGR and 36% EBITDA CAGR from 2026 through 2030, citing strong demand for high-speed reciprocating natural gas engines in on-site data center power generation. INNIO went public earlier in June at $27/share, raising approximately $2.4 billion in an upsized and oversubscribed IPO.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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