Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Innodata Inc Market Cap
Based on ratings from 3 stock analysts, the Innodata Inc stock price is expected to increase by 12.79% in 12 months. This is calculated by using the average 12-month stock price forecast for Innodata Inc. The lowest target is $40 and the highest is $54. Please note analyst price targets are not guaranteed and could be missed completely.
Innodata Inc has a total of 3 Wall St Analyst ratings. There are 3 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Innodata Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of INOD.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Hamed Khorsand BWS Financial | Buy | $45 | Maintains | Nov 8, 2024 |
| George Sutton Craig-Hallum | Buy | $23 | Initiates | Sep 17, 2024 |
| Hamed Khorsand BWS Financial | Buy | $30 | Maintains | Aug 9, 2024 |
| Allen Klee Maxim Group | Buy | $30 | Initiates | Jul 15, 2024 |
| Hamed Khorsand BWS Financial | Buy | $24 | Initiates | May 22, 2024 |
Noble Capital Markets | Hold | Downgrade | Jul 26, 2013 | |
Noble Financial | Hold | Downgrade | Jul 26, 2013 |
When did it IPO
1993
Staff Count
4,296
Country
United States
Sector/Industry
Technology/Information Technology Services
CEO
Mr. Jack S. Abuhoff J.D.
Market Cap
$1.19B
In 2023, INOD generated $86.8M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that INOD's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 19 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - DOCS, PI, and INOD are experiencing a short-term price pullback, presenting a potential investment opportunity.
Why It Matters - Short-term price pullbacks in DOCS, PI, and INOD present potential buying opportunities for investors looking to capitalize on future rebounds.
Fri, 15 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - The stock market is experiencing a slight sell-off, with potential for a minor correction in the coming days. Investors should consider long-term opportunities despite short-term fluctuations.
Why It Matters - A potential minor correction could create buying opportunities, signaling that investors might find value in stocks after the initial post-election volatility subsides.
Wed, 13 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Innodata Inc. (INOD) is being evaluated as a potential top stock pick for momentum investors. Further analysis is needed to determine its suitability.
Why It Matters - Innodata Inc. could attract momentum investors, indicating potential for rapid price appreciation and increased trading volume, influencing market sentiment and stock performance.
Tue, 12 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Innodata reported Q3 revenue growth of 136% y/y and raised FY24 guidance. The company has $26.3M in cash, no debt, but faces client concentration risks. A hold rating is advised after a 465% YTD stock increase.
Why It Matters - Innodata's strong Q3 results and raised FY24 guidance suggest robust growth potential, but high stock price increase raises caution due to concentration risk with major clients and market volatility.
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - CACI International, CSG Systems International, and Innodata are featured in an Industry Outlook article, indicating potential interest and focus in these companies within the market.
Why It Matters - The mention of CACI International, CSG Systems International, and Innodata in an Industry Outlook signals potential growth opportunities and industry trends, influencing investment decisions in these companies.
Tue, 12 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - CACI International, CSG Systems International, and Innodata are expected to benefit from digital transformation trends, despite facing macroeconomic challenges.
Why It Matters - CACI, CSGS, and INOD may see growth as digital transformation thrives, signaling potential stock performance despite broader economic challenges.
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