Innodata Upgraded to Top Pick by BWS Financial with $110 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
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Source: Benzinga
- Rating Upgrade: BWS Financial upgraded Innodata from Buy to Top Pick with a price target of $110, indicating a potential 90% upside from the current price of $57.95, reflecting strong market confidence in its future growth prospects.
- Revenue Catalysts: Analysts noted that Innodata is expected to realize multiple revenue catalysts in 2026, with a current market capitalization of approximately $1.85 billion, showcasing the company's strengthening position in the AI landscape, particularly in providing dataset training services to large language model developers.
- Financial Performance: Innodata reported third-quarter 2025 earnings per share of 24 cents, exceeding expectations of 14 cents, and although the stock declined during regular trading hours post-report, it indicates improved profitability that may attract more investor interest.
- Contract Opportunities: The government contract secured in the fourth quarter of 2025 is expected to expand into a larger business opportunity in 2026, with analysts anticipating significant revenue benefits by year-end, further solidifying Innodata's position in the rapidly evolving AI market.
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.
