What is Maxim Group's Forecast for Innodata FY2026 Earnings?

Key Points

• Maxim Group cut its FY2026 EPS forecast for Innodata to $1.17 from $1.32, below the analyst consensus estimate of $1.27.
• Innodata’s latest quarter beat expectations, reporting EPS of $0.29 versus $0.17 expected and revenue of $95.62 million versus $83.32 million; revenue grew 52.8% year over year.
• MarketBeat reports an overall “Moderate Buy” rating and an average price target of $116.67, while Innodata shares opened at $36.96 in the article’s cited trading session.

Innodata Inc. (NASDAQ:INOD - Free Report) - Stock analysts at Maxim Group decreased their FY2026 earnings per share (EPS) estimates for shares of Innodata in a note issued to investors on Friday, November 6th. Maxim Group analyst A. Klee now anticipates that the technology company will post earnings per share of $1.17 for the year, down from their prior estimate of $1.32. The consensus estimate for Innodata's current full-year earnings is $1.27 per share. Maxim Group also issued estimates for Innodata's Q2 2027 earnings at $0.24 EPS, Q3 2027 earnings at $0.26 EPS and Q4 2027 earnings at $0.29 EPS.

Several other brokerages have also issued reports on INOD. BWS Financial reissued a "top pick" rating and issued a $140.00 price target on shares of Innodata in a research note on Friday, September 18th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Innodata in a research report on Thursday, October 29th. Yorkville Ives started coverage on shares of Innodata in a research report on Monday, October 5th. They set an "outperform" rating and a $90.00 price objective for the company. Finally, Zacks Research lowered shares of Innodata from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $116.67.

Innodata Trading Down 0.2%

NASDAQ INOD opened at $36.96 on Tuesday. The stock has a market capitalization of $1.27 billion, a P/E ratio of 32.80 and a beta of 3.11. The business has a 50 day simple moving average of $56.57 and a 200 day simple moving average of $60.94. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.73 and a quick ratio of 1.73. Innodata has a one year low of $34.23 and a one year high of $125.14.

Innodata (NASDAQ:INOD - Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The technology company reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.12. Innodata had a return on equity of 37.79% and a net margin of 14.66%. The company 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 firm's revenue was up 52.8% compared to the same quarter last year.

Insider Activity

In other news, Director Louise Forlenza sold 10,000 shares of the firm's 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 sale, the director directly owned 5,424 shares in the company, valued at $290,400.96. This trade represents a 64.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 11.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP grew its stake in Innodata by 32.2% in the first quarter. Dimensional Fund Advisors LP now owns 583,239 shares of the technology company's stock valued at $22,517,000 after acquiring an additional 142,192 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Innodata during the second quarter worth approximately $7,262,000. Allspring Global Investments Holdings LLC raised its position in shares of Innodata by 27.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 361,328 shares of the technology company's stock worth $25,961,000 after purchasing an additional 76,943 shares during the period. Janus Henderson Group PLC raised its position in shares of Innodata by 13.8% during the first quarter. Janus Henderson Group PLC now owns 526,012 shares of the technology company's stock worth $20,315,000 after purchasing an additional 63,779 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of Innodata by 156.3% in the 1st quarter. Bank of America Corp DE now owns 102,268 shares of the technology company's stock worth $3,950,000 after purchasing an additional 62,361 shares in the last quarter. 30.75% of the stock is owned by institutional investors and hedge funds.

Innodata Company Profile

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.

Founded in 1988, Innodata serves clients internationally and has delivery operations in locations including the United States and India.

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