INOD

Innodata Inc

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Advanced Chart

37.010

-0.550(-1.460%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

37.050

Open

35.500

VWAP

35.78

Vol

493.87K

Mkt Cap

1.19B

Low

34.680

Amount

17.67M

EV/EBITDA(TTM)

Total Shares

28.75M

1.18B

EV/OCF(TTM)

33.56

P/S(TTM)

7.02

Innodata Inc. is a data engineering company. The Company's segments include Digital Data Solutions (DDS), Synodex and Agility. The DDS segment provides artificial intelligence (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. The DDS segment also provides a range of data engineering support services, including data transformation, data curation, data hygiene, data consolidation, data extraction, data compliance, and master data management. The Synodex segment provides an industry platform that transforms medical records into usable digital data organized in accordance with its data models or customer data models. The 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.

4 Analyst Rating

101.76% Upside

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 74.67 USD with a low forecast of 74.00 USD and a high forecast of 75.00 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

101.76% Upside

Current: 37.010

Low

74.00

Averages

74.67

High

75.00

101.76% Upside

Current: 37.010

Low

74.00

Averages

74.67

High

75.00

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.

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.

Wedbush

Daniel Ives

Buy

Initiates

$48

2024-12-19

Reason

Wedbush

Daniel Ives

Price Target

$48

2024-12-19

Initiates

Buy

Reason

Wedbush initiated coverage of Innodata with an Outperform rating and $48 price target.

Chardan Capital

Hamed Khorsand

Strong Buy

Maintains

$45

2024-12-13

Reason

Chardan Capital

Hamed Khorsand

Price Target

$45

2024-12-13

Maintains

Strong Buy

Reason

BWS Financial

Hamed Khorsand

Strong Buy

Maintains

$30 → $45

2024-11-08

Reason

BWS Financial

Hamed Khorsand

Price Target

$30 → $45

2024-11-08

Maintains

Strong Buy

Reason

BWS Financial raised the firm's price target on Innodata to $45 from $30 and keeps a Buy rating on the shares after the company reported "much stronger results than we were anticipating," leading to it raising guidance once again. While "careful not to extrapolate third quarter results to infinity," BWS notes that the company has several customers increasing their spending on A.I. data training and the firm now sees Innodata generating more than $300M in revenue by 2026.

Craig-Hallum

George Sutton

Strong Buy

Initiates

$23

2024-09-17

Reason

Craig-Hallum

George Sutton

Price Target

$23

2024-09-17

Initiates

Strong Buy

Reason

Craig-Hallum analyst George Sutton initiated coverage of Innodata with a Buy rating and $23 price target.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Innodata Inc (INOD.O) is 50.70, compared to its 5-year average forward P/E of 5.70. For a more detailed relative valuation and DCF analysis to assess Innodata Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

5.70

Current PE

50.70

Overvalued PE

32.67

Undervalued PE

-21.26

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

6.80

Current EV/EBITDA

27.98

Overvalued EV/EBITDA

20.42

Undervalued EV/EBITDA

-6.81

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

0.92

Current PS

4.94

Overvalued PS

2.68

Undervalued PS

-0.83