Innodata Inc. (NASDAQ:INOD) Stock Has Consensus Target Price of $116.67 According to Brokerages

Key Points

• Analyst sentiment is moderately positive: Five analysts rate Innodata a consensus “Moderate Buy,” with an average 12-month price target of $116.67; recommendations range from Hold to Strong Buy.
• Recent results beat expectations: Innodata reported quarterly EPS of $0.29 versus the $0.17 consensus and revenue of $95.62 million versus $83.32 million, up 52.8% year over year.
• Growth prospects come with risks: The company raised its 2026 revenue-growth outlook to at least 42%, citing AI demand and hyperscaler deals, while Maxim Group cut several earnings estimates and customer transitions remain a concern.

Innodata Inc. (NASDAQ:INOD - Get Free Report) has received a consensus rating of "Moderate Buy" from the five analysts that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $116.67.

A number of analysts have weighed in on the stock. Zacks Research downgraded shares of Innodata from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 11th. BWS Financial restated a "top pick" rating and issued a $140.00 price target on shares of Innodata in a research report on Friday, September 18th. Yorkville Ives initiated coverage on shares of Innodata in a research note on Monday, October 5th. They issued an "outperform" rating and a $90.00 price objective on the stock. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Innodata in a research report on Thursday, October 29th.

Innodata Stock Performance

NASDAQ INOD opened at $36.29 on Friday. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 26.49 and a beta of 3.11. The company has a quick ratio of 1.73, a current ratio of 2.84 and a debt-to-equity ratio of 0.05. Innodata has a twelve month low of $34.23 and a twelve month high of $125.14. The stock has a fifty day simple moving average of $55.45 and a 200 day simple moving average of $60.59.

Innodata (NASDAQ:INOD - Get Free Report) last announced its earnings results on Thursday, November 5th. The technology company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.17 by $0.12. Innodata had a return on equity of 33.94% and a net margin of 13.84%. The firm had revenue of $95.62 million for the quarter, compared to the consensus estimate of $83.32 million. During the same period in the previous year, the business earned $0.24 EPS. The business's quarterly revenue was up 52.8% compared to the same quarter last year. Sell-side analysts expect that Innodata will post 1.19 EPS for the current year.

Innodata News Summary

Here's some of the latest news about INOD:

• Positive Sentiment: Innodata raised its 2026 revenue-growth outlook to at least 42%, citing strong AI demand and hyperscaler deals. This signals continued demand for its services, though customer transitions remain a risk. Article: Innodata Lifts 2026 Sales Growth Outlook to 42%: What's Next?
• Negative Sentiment: Maxim Group sharply cut its estimates, reducing projected Q4 2026 EPS from $0.24 to $0.05, Q1 2027 EPS from $0.31 to $0.14, and full-year 2027 EPS from $1.41 to $0.92. These revisions suggest expectations for near-term earnings have weakened. The firm forecasts $1.40 EPS for 2028. Article: Maxim Group earnings estimates
• Negative Sentiment: Pomerantz LLP said it is investigating potential claims on behalf of Innodata investors. The notice does not establish wrongdoing, but may add uncertainty and negative attention around the company. Article: Pomerantz investigates claims on behalf of Innodata investors

Insiders Place Their Bets

In other news, Director Louise Forlenza sold 10,000 shares of Innodata stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $53.54, for a total value of $535,400.00. Following the completion of the transaction, the director directly owned 5,424 shares of the company's stock, valued at approximately $290,400.96. This trade represents a 64.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 11.80% of the company's stock.

Hedge Funds Weigh In On Innodata

Institutional investors have recently added to or reduced their stakes in the business. Compass Financial Management LLC bought a new stake in shares of Innodata in the 2nd quarter valued at $26,000. Ancora Advisors LLC bought a new position in Innodata during the second quarter worth $36,000. Signature Equity Partners LLC acquired a new stake in Innodata in the third quarter worth $41,000. CoreCap Advisors LLC increased its stake in Innodata by 333.3% in the third quarter. CoreCap Advisors LLC now owns 650 shares of the technology company's stock valued at $43,000 after purchasing an additional 500 shares in the last quarter. Finally, Sterling Capital Management LLC raised its holdings in shares of Innodata by 846.4% during the third quarter. Sterling Capital Management LLC now owns 1,060 shares of the technology company's stock valued at $70,000 after purchasing an additional 948 shares during the period. 30.75% of the stock is owned by institutional investors and hedge funds.

About Innodata

Innodata Inc. is a data engineering company that helps businesses develop and use artificial intelligence. Its services include preparing and annotating data for AI models, creating and managing training datasets, and providing support for generative AI applications. The company also provides digital content transformation and related services, converting and organizing information for use across digital platforms. Its work serves clients in industries that include technology, publishing, financial services and healthcare.

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