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Innodata Inc.NasdaqGM:INOD Stock Report

Market Cap US$1.4b
Share Price
US$44.02
US$91.25
51.8% undervalued intrinsic discount
1Y10.4%
7D4.0%
Portfolio Value
View

Innodata Inc.

NasdaqGM:INOD Stock Report

Market Cap: US$1.4b

Innodata (INOD) Stock Overview

Operates as a data engineering company in the United States, the United Kingdom, the Netherlands, Canada, Germany, Belgium, and internationally. More details

INOD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for INOD from our risk checks.

INOD Community Fair Values

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See what 135 others think this stock is worth. Follow their fair value or set your own to get alerts.

Innodata Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Innodata
Historical stock prices
Current Share PriceUS$44.02
52 Week HighUS$93.85
52 Week LowUS$31.90
Beta2.51
1 Month Change10.99%
3 Month Change-20.60%
1 Year Change10.41%
3 Year Change614.61%
5 Year Change556.04%
Change since IPO2,541.18%

Recent News & Updates

INOD: Complex Data Training Expansion Will Support Future Enterprise Demand

Analysts have raised their price target on Innodata by $5 to $100, citing recent revenue and EBITDA results that exceeded expectations as well as the company’s progress in expanding its data training capabilities and diversifying its customer base. Analyst Commentary Recent research highlights both optimism and caution around Innodata, with the latest price target move to $100 reflecting how analysts are weighing strong execution against ongoing risks.

Innodata: Not The Cheapest Data Refiner Around, But The Growth Profile Helps

Apr 09

INOD: Complex Data Training Expansion Will Drive Next Wave Of AI Demand

Analysts have lifted their price target on Innodata to $100 from $95, pointing to recent revenue and EBITDA results versus expectations and the company’s progress in expanding more complex data training services while diversifying its customer base. Analyst Commentary Recent research shows bullish analysts growing more constructive on Innodata, supported by reported Q4 revenue and EBITDA that were above both their own estimates and consensus expectations.

INOD: Complex Data Training Expansion Will Support Bullish Long Term Upside

Analysts have lifted their price target on Innodata to $100 from $95, citing recent Q4 revenue and EBITDA results relative to estimates, as well as management commentary on expanding complex data training capabilities and a more diversified customer base. Analyst Commentary Recent research highlights that the higher US$100 price target is closely linked to Innodata's Q4 revenue and EBITDA relative to estimates, as well as commentary on expanding complex data training capabilities and a broader customer base.

Recent updates

INOD: Complex Data Training Expansion Will Support Future Enterprise Demand

Analysts have raised their price target on Innodata by $5 to $100, citing recent revenue and EBITDA results that exceeded expectations as well as the company’s progress in expanding its data training capabilities and diversifying its customer base. Analyst Commentary Recent research highlights both optimism and caution around Innodata, with the latest price target move to $100 reflecting how analysts are weighing strong execution against ongoing risks.

Innodata: Not The Cheapest Data Refiner Around, But The Growth Profile Helps

Apr 09

INOD: Complex Data Training Expansion Will Drive Next Wave Of AI Demand

Analysts have lifted their price target on Innodata to $100 from $95, pointing to recent revenue and EBITDA results versus expectations and the company’s progress in expanding more complex data training services while diversifying its customer base. Analyst Commentary Recent research shows bullish analysts growing more constructive on Innodata, supported by reported Q4 revenue and EBITDA that were above both their own estimates and consensus expectations.

INOD: Complex Data Training Expansion Will Support Bullish Long Term Upside

Analysts have lifted their price target on Innodata to $100 from $95, citing recent Q4 revenue and EBITDA results relative to estimates, as well as management commentary on expanding complex data training capabilities and a more diversified customer base. Analyst Commentary Recent research highlights that the higher US$100 price target is closely linked to Innodata's Q4 revenue and EBITDA relative to estimates, as well as commentary on expanding complex data training capabilities and a broader customer base.

INOD: Complex Data Training And Customer Diversification Will Support Future Upside

Analysts have updated their fair value estimate for Innodata to $75.00 from $80.00, citing higher assumed revenue growth, improved profit margin expectations, a lower future P/E multiple, and recent Street research that raised the price target to $100 based on stronger Q4 results and progress in more complex data training and customer diversification. Analyst Commentary Recent Street research has centered on Innodata's updated fair value estimates and the shift in valuation assumptions that accompany stronger Q4 revenue and EBITDA figures.

INOD: Defense And AI Data Contracts Will Drive Future Enterprise Demand

Analysts have kept their fair value estimate for Innodata steady at $93.75 per share, with minor tweaks to inputs such as the discount rate and assumed future P/E that reflect updated views on risk and long term profitability rather than a change in the overall price target narrative. What's in the News Innodata was selected to provide high quality training data and data engineering services to Palantir Technologies, supporting AI enabled platforms for rodeo event analysis and computer vision models that process thousands of hours of video footage across multiple rodeo disciplines (Key Developments).

INOD: Defense And AI Data Contracts Will Support Expanding Enterprise Customer Opportunities

Analysts maintained their price target on Innodata at US$93.75, making only minor model tweaks to the discount rate, revenue growth and profit margin assumptions to support this unchanged view. What's in the News Innodata was selected to provide high quality training data and data engineering services to Palantir Technologies, supporting Palantir's AI enabled platforms for rodeo event analysis.

INOD: Federal Defense Wins Will Drive Next Wave Of AI Demand

Analysts have maintained their fair value estimate for Innodata at $110.00, with small adjustments to the discount rate, revenue growth and profit margin assumptions. Together, these changes leave the overall price target unchanged while still reflecting updated views on the company’s earnings profile and a future P/E of 64.55x.

INOD: Early Enterprise AI Adoption Will Drive Expanded Customer Base

Narrative Update: Innodata Analysts have lifted their fair value estimate for Innodata from US$55.00 to US$80.00, citing higher assumed revenue growth, a richer future P/E of about 74x, and confidence that the company can tap into early stage enterprise AI adoption as spending extends beyond core technology customers. Analyst Commentary Recent research commentary has focused on how Innodata might participate in early stage enterprise AI spending as companies work on helping employees use these tools effectively.

INOD Will Benefit From Early Stage Enterprise AI Adoption

Analysts have raised their price target on Innodata from $75 to $110 per share, citing expectations for materially faster revenue growth, modestly higher profit margins, and a stronger earnings multiple, as the company stands to benefit from early stage enterprise AI adoption and broader customer diversification. Analyst Commentary Bullish analysts highlight that the increased price target reflects rising confidence in Innodata's ability to execute on its AI driven growth strategy, with faster top line expansion and improved operating leverage underpinning a higher valuation framework.

INOD: Early Enterprise AI Adoption Will Drive Expanding Customer Base Opportunities

Analysts have raised their price target on Innodata shares from $74 to $110, citing the company’s strong positioning to benefit from early stage enterprise AI adoption and a broadening customer base beyond traditional technology companies. Analyst Commentary Bullish analysts point to the latest price target increase as evidence that expectations for Innodata's growth trajectory are accelerating, particularly as enterprises begin to scale AI initiatives across more functions.

Innodata Inc.'s (NASDAQ:INOD) Popularity With Investors Under Threat As Stock Sinks 26%

Dec 02
Innodata Inc.'s (NASDAQ:INOD) Popularity With Investors Under Threat As Stock Sinks 26%

INOD: Expanding Customer Base Will Drive Sustained AI Demand Momentum

Analysts have raised their fair value estimate for Innodata from $86 to $93.75. This reflects expectations of stronger revenue growth and expanding opportunities as enterprise adoption of artificial intelligence accelerates.

Innodata's (NASDAQ:INOD) Solid Earnings Have Been Accounted For Conservatively

Nov 13
Innodata's (NASDAQ:INOD) Solid Earnings Have Been Accounted For Conservatively

INOD: Expanding Enterprise AI Adoption Will Drive Stronger Profitability Momentum

Innodata's analyst price target increased from $78 to $86, as analysts cite the company's expanding role in early-stage enterprise AI adoption and its potential to capitalize on growing industry demand. Analyst Commentary Analyst perspectives on Innodata have highlighted both the opportunities and risks associated with the company's evolving role within the enterprise AI sector.

Enterprise AI Expansion Will Drive Opportunities Despite Early Adoption Uncertainties

Analysts have raised their fair value estimate for Innodata from $75 to $78.00, citing increased confidence in the company’s potential to capitalize on expanding enterprise AI adoption and growth in customer base. Analyst Commentary Recent reports reflect a growing sense of optimism among analysts regarding Innodata’s trajectory in the evolving artificial intelligence landscape.

Innodata Inc. (NASDAQ:INOD) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable

Oct 16
Innodata Inc. (NASDAQ:INOD) Stocks Shoot Up 26% But Its P/S Still Looks Reasonable

Advanced AI Demand Will Forge Expansion Amid Margin Risks

Narrative Update on Innodata: Analyst Price Target Revision Analysts have raised their price target for Innodata significantly, increasing it from $67.80 to $75.00. They cited the company's strong position to capitalize on expanding enterprise AI adoption and improved profit margin expectations.

Advanced AI Demand Will Forge Expansion Amid Margin Risks

The upward revision in Innodata’s consensus price target largely reflects increased future P/E expectations, with valuation rising from $64.40 to $67.80. What's in the News Innodata raised full-year 2025 revenue guidance, now expecting 45% or more organic revenue growth, up from 40%.

Why We Like The Returns At Innodata (NASDAQ:INOD)

Jul 09
Why We Like The Returns At Innodata (NASDAQ:INOD)

Revenues Tell The Story For Innodata Inc. (NASDAQ:INOD) As Its Stock Soars 33%

Jun 20
Revenues Tell The Story For Innodata Inc. (NASDAQ:INOD) As Its Stock Soars 33%

Innodata: Up 580% - The Microcap Behind The Magnificent 7

Mar 30

With A 29% Price Drop For Innodata Inc. (NASDAQ:INOD) You'll Still Get What You Pay For

Mar 30
With A 29% Price Drop For Innodata Inc. (NASDAQ:INOD) You'll Still Get What You Pay For

Innodata: Short-Term Momentum Play

Feb 21

Innodata Inc.'s (NASDAQ:INOD) P/S Is Still On The Mark Following 31% Share Price Bounce

Feb 13
Innodata Inc.'s (NASDAQ:INOD) P/S Is Still On The Mark Following 31% Share Price Bounce

Innodata: Why I'm Long This Explosive AI Growth Stock

Jan 08

Is There An Opportunity With Innodata Inc.'s (NASDAQ:INOD) 28% Undervaluation?

Jan 01
Is There An Opportunity With Innodata Inc.'s (NASDAQ:INOD) 28% Undervaluation?

Why We Like The Returns At Innodata (NASDAQ:INOD)

Dec 09
Why We Like The Returns At Innodata (NASDAQ:INOD)

Innodata Inc. (NASDAQ:INOD) Looks Just Right With A 36% Price Jump

Nov 03
Innodata Inc. (NASDAQ:INOD) Looks Just Right With A 36% Price Jump
User avatar

Critical Moves And Big Tech Partnerships Set To Spur Unprecedented Growth And Innovation

Innodata shows significant operational momentum with market demand driving expected future revenue and profitability through record growth and raised guidance.

Why We're Not Concerned Yet About Innodata Inc.'s (NASDAQ:INOD) 25% Share Price Plunge

Sep 19
Why We're Not Concerned Yet About Innodata Inc.'s (NASDAQ:INOD) 25% Share Price Plunge

Innodata: Hitting A Potential Inflection Point

Sep 01

We Think Innodata's (NASDAQ:INOD) Robust Earnings Are Conservative

Aug 17
We Think Innodata's (NASDAQ:INOD) Robust Earnings Are Conservative

Why Investors Shouldn't Be Surprised By Innodata Inc.'s (NASDAQ:INOD) 33% Share Price Surge

Jul 29
Why Investors Shouldn't Be Surprised By Innodata Inc.'s (NASDAQ:INOD) 33% Share Price Surge

Investors Will Want Innodata's (NASDAQ:INOD) Growth In ROCE To Persist

Jul 02
Investors Will Want Innodata's (NASDAQ:INOD) Growth In ROCE To Persist

Innodata: Stay Away From This AI Stock

Apr 11

Innodata Inc. (NASDAQ:INOD) Looks Just Right With A 60% Price Jump

Feb 15
Innodata Inc. (NASDAQ:INOD) Looks Just Right With A 60% Price Jump

Innodata (NASDAQ:INOD) Is In A Good Position To Deliver On Growth Plans

Aug 08
Innodata (NASDAQ:INOD) Is In A Good Position To Deliver On Growth Plans

Here's Why We're Not Too Worried About Innodata's (NASDAQ:INOD) Cash Burn Situation

May 05
Here's Why We're Not Too Worried About Innodata's (NASDAQ:INOD) Cash Burn Situation

We're Not Very Worried About Innodata's (NASDAQ:INOD) Cash Burn Rate

Jan 12
We're Not Very Worried About Innodata's (NASDAQ:INOD) Cash Burn Rate

Here's Why We're Not At All Concerned With Innodata's (NASDAQ:INOD) Cash Burn Situation

Jul 22
Here's Why We're Not At All Concerned With Innodata's (NASDAQ:INOD) Cash Burn Situation

Returns At Innodata (NASDAQ:INOD) Are On The Way Up

Feb 24
Returns At Innodata (NASDAQ:INOD) Are On The Way Up

Estimating The Fair Value Of Innodata Inc. (NASDAQ:INOD)

Nov 04
Estimating The Fair Value Of Innodata Inc. (NASDAQ:INOD)

Shareholders Would Not Be Objecting To Innodata Inc.'s (NASDAQ:INOD) CEO Compensation And Here's Why

Jun 02
Shareholders Would Not Be Objecting To Innodata Inc.'s (NASDAQ:INOD) CEO Compensation And Here's Why

Shareholder Returns

INODUS Professional ServicesUS Market
7D4.0%3.2%0.8%
1Y10.4%-20.2%27.7%

Return vs Industry: INOD exceeded the US Professional Services industry which returned -20.2% over the past year.

Return vs Market: INOD underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is INOD's price volatile compared to industry and market?
INOD volatility
INOD Average Weekly Movement10.7%
Professional Services Industry Average Movement8.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: INOD has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: INOD's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198810,064Jack Abuhoffwww.innodata.com

Innodata Inc. operates as a data engineering company in the United States, the United Kingdom, the Netherlands, Canada, Germany, Belgium, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) training and post-training data, model evaluation, alignment, safety, AI model deployment and integration, and AI-enabled platforms.

Innodata Inc. Fundamentals Summary

How do Innodata's earnings and revenue compare to its market cap?
INOD fundamental statistics
Market capUS$1.38b
Earnings (TTM)US$32.18m
Revenue (TTM)US$251.66m
44.7x
P/E Ratio
5.7x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INOD income statement (TTM)
RevenueUS$251.66m
Cost of RevenueUS$150.63m
Gross ProfitUS$101.03m
Other ExpensesUS$68.85m
EarningsUS$32.18m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 07, 2026

Earnings per share (EPS)0.99
Gross Margin40.15%
Net Profit Margin12.79%
Debt/Equity Ratio0%

How did INOD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/01 05:43
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Innodata Inc. is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hamed KhorsandBWS Financial Inc.
George SuttonCraig-Hallum Capital Group LLC
Allen KleeMaxim Group