Innodata (NASDAQ:INOD) Earns “Top Pick” Rating from BWS Financial

Innodata (NASDAQ:INOD)‘s stock had its “top pick” rating reiterated by BWS Financial in a research note issued to investors on Friday,Benzinga reports. They presently have a $110.00 target price on the technology company’s stock. BWS Financial’s target price points to a potential upside of 98.66% from the stock’s previous close.

INOD has been the subject of several other research reports. Weiss Ratings lowered shares of Innodata from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Zacks Research lowered Innodata from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 9th. Finally, Wedbush reissued an “outperform” rating and issued a $90.00 price objective on shares of Innodata in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $91.67.

Innodata Stock Down 13.3%

NASDAQ:INOD traded down $8.49 on Friday, reaching $55.37. The stock had a trading volume of 2,345,257 shares, compared to its average volume of 1,464,167. Innodata has a 12-month low of $26.41 and a 12-month high of $93.85. The company has a current ratio of 2.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.76 billion, a P/E ratio of 57.09 and a beta of 2.43. The company has a 50-day moving average of $56.85 and a 200 day moving average of $58.50.

Innodata (NASDAQ:INOD) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. Innodata had a net margin of 14.11% and a return on equity of 41.67%. The firm had revenue of $62.55 million for the quarter, compared to the consensus estimate of $59.78 million. The firm’s revenue for the quarter was up 19.8% compared to the same quarter last year. On average, research analysts predict that Innodata will post 0.81 earnings per share for the current year.

Insider Buying and Selling at Innodata

In other news, Director Louise C. Forlenza sold 8,278 shares of the firm’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $65.00, for a total transaction of $538,070.00. Following the transaction, the director owned 3,943 shares in the company, valued at approximately $256,295. This trade represents a 67.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Ashok Mishra sold 200,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $61.39, for a total value of $12,278,000.00. Following the completion of the sale, the chief operating officer directly owned 60,000 shares of the company’s stock, valued at $3,683,400. This represents a 76.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 236,372 shares of company stock valued at $14,572,507. 12.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC lifted its stake in shares of Innodata by 446.4% during the first quarter. AQR Capital Management LLC now owns 90,968 shares of the technology company’s stock valued at $3,266,000 after acquiring an additional 74,320 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Innodata by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,085 shares of the technology company’s stock valued at $577,000 after buying an additional 711 shares during the last quarter. Millennium Management LLC increased its position in Innodata by 30.7% during the first quarter. Millennium Management LLC now owns 142,608 shares of the technology company’s stock worth $5,120,000 after buying an additional 33,473 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of Innodata during the second quarter worth approximately $332,000. Finally, Farther Finance Advisors LLC acquired a new stake in Innodata during the 2nd quarter worth approximately $36,000. Institutional investors and hedge funds own 30.75% of the company’s stock.

Innodata News Roundup

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Innodata was selected by Palantir to provide data engineering and high‑quality training data for Palantir’s AI rodeo analytics program — a visible commercial win that validates Innodata’s AI annotation capabilities and could lead to recurring revenue and follow‑on work. Is Innodata’s New Palantir Partnership a Long-Term Catalyst?
• Positive Sentiment: Company press release and broad media pickup on Jan. 29 confirmed the Palantir selection, which sparked the share surge — this type of commercial partnership increases visibility with large AI platform vendors and can improve future bid opportunities. Innodata Selected by Palantir to Accelerate Advanced Initiatives in AI-Powered Rodeo Modernization
• Positive Sentiment: Innodata also disclosed a contract vehicle with the U.S. Missile Defense Agency (SHIELD IDIQ), expanding its ability to win defense and government work — a pickup that diversifies revenue mix and supports medium‑term backlog growth. ​Innodata Inc (INOD) Receives a New Contract
• Neutral Sentiment: Analyst coverage: Wedbush reaffirmed an “outperform” rating with a $90 price target, signaling institutional confidence and providing a bullish reference point for investors, but it may also have contributed to recent volatility as traders weigh valuation vs. execution. Benzinga
• Neutral Sentiment: Short‑term technical/market action: coverage and commentary (Zacks, Benzinga) highlight a rapid intraday and overnight move with heavy volume and active options flow — this raises the chance of near‑term profit‑taking even if fundamentals improve. Innodata (INOD) Stock Jumps 14.4%: Will It Continue to Soar?
• Negative Sentiment: Broader risk: weakness or valuation pressure in Palantir (PLTR) and other AI names can spill over to vendors like Innodata — if Palantir’s shares or AIP deployment slow, that could dampen the perceived durability of this partnership and pressure INOD sentiment. Palantir Bulls Face a Reality Check Before Earnings

Innodata Company Profile

Innodata Inc (NASDAQ: INOD) is a digital services and technology company that specializes in data engineering and artificial intelligence solutions. Founded in 1988 and headquartered in East Brunswick, New Jersey, the company provides structured content and digital transformation services to publishers, media companies, legal and compliance organizations, and other information-intensive industries. Innodata’s platform enables clients to convert unstructured text, images and multimedia into high‐quality, machine‐readable formats that support search, analytics and AI model training.

The firm’s offerings include content enrichment, metadata management, taxonomy development, digital asset management and data annotation services.