INNODATA awarded a contract for the Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense indefinite-delivery/indefinite-quantity contract. The SHIELD program is designed to drive rapid innovation and deliver next-generation capabilities that strengthen the nation's multi-layered homeland defense architecture. As part of the broader Golden Dome strategy, this selection positions Innodata to compete for future task orders across research, development, engineering, prototyping, and operations of critical Missile Defense Agency systems that support U.S. national security objectives. The award was made as part of a list of companies eligible to compete under the program publicly announced by the U.S. Government on 15-Jan-26.
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
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 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
BWS Financial
Buy
to
Strong Buy
upgrade
$110
2026-01-05
Reason
BWS Financial
Price Target
$110
AI Analysis
2026-01-05
upgrade
Buy
to
Strong Buy
Reason
BWS Financial upgraded Innodata to Top Pick from Buy with a $110 price target. The company has "several catalysts" in 2026 as it expands into U.S. government, the analyst tells investors in a research note. The firm says Innodata has benefited from large language model developers requiring its data set training services.
Wedbush
Daniel Ives
Outperform
maintain
$75 -> $90
2025-10-15
Reason
Wedbush
Daniel Ives
Price Target
$75 -> $90
2025-10-15
maintain
Outperform
Reason
Wedbush analyst Daniel Ives raised the firm's price target on Innodata (INOD) to $90 from $75 and keeps an Outperform rating on the shares. The firm cites increased confidence in the Innodata growth path and its competitive positioning within the rapid growing/evolving data labeling industry as the company has considerably more opportunities to win incremental significant new business from its Big Tech/Hyperscaler customers following Meta's (META) recent investment in Scale AI.
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Maxim Group
Allen Klee
Strong Buy
Maintains
$54 → $75
2025-02-21
Reason
Maxim Group
Allen Klee
Price Target
$54 → $75
2025-02-21
Maintains
Strong Buy
Reason
Maxim raised the firm's price target on Innodata to $75 from $54 and keeps a Buy rating on the shares. The firm cites the company's Q4 earnings beat and above-consensus FY25 guidance, also noting that Innodata should benefit from multi-year demand for supplying quality data engineering to LLM model building and maintenance, the analyst tells investors in a research note. Growth is expected from big tech companies, enterprises, industry-specific models, and business in federal agencies, public relations and healthcare, Maxim adds.
BWS Financial
Hamed Khorsand
Strong Buy
Maintains
$45 → $74
2025-02-21
Reason
BWS Financial
Hamed Khorsand
Price Target
$45 → $74
2025-02-21
Maintains
Strong Buy
Reason
BWS Financial analyst Hamed Khorsand raised the firm's price target on Innodata to $74 from $45 and keeps a Buy rating on the shares after the company reported Q4 results surpassing the firm's expectations and gave 2025 guidance that "shows a glimpse into a business that is not slowing down." The company is now lined up for the possibility of exceeding $300M in revenue in 2026, which "should give the shares greater reasoning for trading at a higher valuation," the analyst tells investors.
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.
