Innodata named a top pick for 2026 with $110 target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 05 Jan 26
Source: Fool
Innodata Inc. experienced a significant price increase of 15.78%, crossing above its 5-day SMA, amid positive market conditions with the Nasdaq-100 up 0.90% and S&P 500 up 0.79%.
This surge is attributed to BWS Financial naming Innodata a top pick for 2026, setting a price target of $110, which implies nearly 80% upside. Additionally, the company secured a $25 million government contract, enhancing its consulting business in sovereign AI and indicating strong growth potential in the AI sector.
The implications of this recognition and contract are substantial, as they position Innodata favorably in a rapidly growing market, with expectations of 26% sales growth in 2026, further boosting investor confidence in its future performance.
Analyst Views on INOD
Wall Street analysts forecast INOD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for INOD is 93.75 USD with a low forecast of 80.00 USD and a high forecast of 110.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 59.440
Low
80.00
Averages
93.75
High
110.00
Current: 59.440
Low
80.00
Averages
93.75
High
110.00
About INOD
Innodata Inc. is a global data engineering company. It provides a range of transferable solutions, platforms, and services for generative artificial intelligence (AI)/AI builders and adopters. Its Digital Data Solutions segment provides AI data preparation services, collecting or creating training data, annotating training data, and training AI algorithms for its customers, and AI model deployment and integration. It also provides a range of data engineering support services. Its Synodex segment provides an industry platform that transforms medical records into useable digital data organized in accordance with its proprietary data models or customer data models. Its Agility segment provides an industry platform that provides marketing communications and public relations professionals with the ability to target and distribute content to journalists and social media influencers worldwide and to monitor and analyze global news channels (print, Web, radio and TV) and social media channels.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
