MetaCap

Eton Pharmaceuticals (ETON) vs Innoviva (INVA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Eton Pharmaceuticals (ETON) has outperformed Innoviva (INVA) over the past year, gaining 159.5% versus a gain of 22.4%. Over five years, ETON leads with a +953.4% price change compared with +26.8% for INVA. Eton Pharmaceuticals is the larger company by market cap ($1.57 billion vs $1.51 billion), about 1.0 times the size.

On valuation, Innoviva trades at a lower forward P/E (9.4x vs 21.3x for Eton Pharmaceuticals).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ETON+159.48%INVA+22.44%
+216%+86%-44%
Oct 7, 20251 yearOct 7, 2026
ETON+999.80%INVA+24.84%
+1233%+557%-120%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ETON versus INVA key metrics
MetricETONINVA
Share price$54.89$20.87
Market cap$1.57B$1.51B
1-day change+0.02%-0.90%
YTD return+224.54%+5.35%
1-year return+159.48%+22.44%
5-year return+953.36%+26.79%
P/E ratio (TTM)137.224.88
Forward P/E21.289.44
EPS (TTM)$0.40$4.28
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
52-week high$66.37$25.15
52-week low$14.27$16.52
Distance from 52-week high-17.30%-17.02%
Analyst consensusstrong_buybuy
Avg. price target upside+29.35%+67.70%
Average volume606.07K819.96K
Shares outstanding28.58M72.25M
Employees44159
SectorHealth CareHealth Care
IndustryBiotechnology: Pharmaceutical PreparationsBiotechnology: Pharmaceutical Preparations

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • ETON has outperformed INVA by 137.0 percentage points over the past year.
  • Eton Pharmaceuticals trades at a higher earnings multiple (137.2x vs 4.9x trailing P/E).

About Eton Pharmaceuticals

ETON stock →

Eton Pharmaceuticals, Inc., a pharmaceutical company, focuses on developing and commercializing treatments for rare diseases. Its commercial rare disease products include Increlex for the treatment of severe primary igf-1 deficiency; Alkindi Sprinkle for adrenal insufficiency; Khindivi for adrenocortical insufficiency; Galzin for Wilson disease; PKU Golike for phenylketonuria; Carglumic Acid for N-acetylglutamate synthase deficiency; Betaine Anhydrous for homocystinuria; and Nitisinone for tyrosinemia type 1.

Health Care · Biotechnology: Pharmaceutical Preparations · 44 employees

About Innoviva

INVA stock →

Innoviva, Inc. operates as a biopharmaceutical company in the United States and internationally.

Health Care · Biotechnology: Pharmaceutical Preparations · 159 employees

ETON vs INVA FAQ

Which is bigger, Eton Pharmaceuticals or Innoviva?

Eton Pharmaceuticals (ETON) is larger, with a market capitalization of $1.57B compared with $1.51B for Innoviva (INVA).

Which stock has performed better over the past year, ETON or INVA?

ETON returned +159.48% over the past 12 months, compared with +22.44% for INVA (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, ETON or INVA?

INVA has the lower trailing P/E at 4.9, versus 137.2 for ETON. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Are Eton Pharmaceuticals and Innoviva in the same industry?

Yes. Both are classified in the Biotechnology: Pharmaceutical Preparations industry within the Health Care sector.

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