Innodata (NASDAQ:INOD) Price Target Raised to $80.00

Innodata (NASDAQ:INOD) had its price target increased by Wedbush from $75.00 to $80.00 in a research report released on Friday morning, Marketbeat reports. The firm currently has an outperform rating on the technology company’s stock.

A number of other research firms have also recently weighed in on INOD. Wall Street Zen upgraded Innodata from a “sell” rating to a “hold” rating in a research note on Saturday, March 21st. BWS Financial restated a “top pick” rating and issued a $110.00 price target on shares of Innodata in a research note on Friday, April 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Innodata in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $95.00.

Innodata Stock Down 0.1%

INOD opened at $84.76 on Friday. Innodata has a 1-year low of $31.90 and a 1-year high of $93.85. The stock’s fifty day simple moving average is $42.73 and its 200 day simple moving average is $52.37. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 0.07. The stock has a market cap of $2.77 billion, a PE ratio of 76.36 and a beta of 2.40.

Innodata (NASDAQ:INOD) last posted its quarterly earnings results on Thursday, May 7th. The technology company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.34. Innodata had a return on equity of 37.49% and a net margin of 13.86%.The business had revenue of $90.10 million for the quarter, compared to analysts’ expectations of $76.47 million. During the same quarter in the prior year, the business earned $0.22 EPS. The firm’s revenue for the quarter was up 54.5% on a year-over-year basis. As a group, research analysts expect that Innodata will post 0.93 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. bought a new position in Innodata during the 4th quarter worth $26,000. Farther Finance Advisors LLC increased its position in Innodata by 506.0% during the 4th quarter. Farther Finance Advisors LLC now owns 806 shares of the technology company’s stock worth $41,000 after buying an additional 673 shares during the period. Fifth Third Bancorp bought a new position in Innodata during the 1st quarter worth $45,000. Global Retirement Partners LLC bought a new position in Innodata during the 3rd quarter worth $50,000. Finally, IFP Advisors Inc increased its position in Innodata by 1,567.5% during the 3rd quarter. IFP Advisors Inc now owns 667 shares of the technology company’s stock worth $51,000 after buying an additional 627 shares during the period. Institutional investors own 30.75% of the company’s stock.

Trending Headlines about Innodata

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Innodata reported record Q1 2026 revenue of $90.1 million, up 54% year over year and well above estimates, while EPS of $0.42 also beat forecasts by a wide margin. Article: Innodata Reports Record First Quarter 2026 Results
• Positive Sentiment: The company raised its full-year 2026 revenue growth outlook to about 40% or more from roughly 35% or more, signaling that momentum is accelerating rather than slowing after the strong quarter. Article: Innodata Q1 Earnings & Revenues Top Estimates, 2026 Sales View Up
• Positive Sentiment: Management also highlighted new engagements with a Big Tech customer expected to generate about $51 million in 2026 revenue, reinforcing the view that AI-related demand is translating into real business. Article: Innodata Reports Record First Quarter 2026 Results
• Neutral Sentiment: Wedbush raised its price target to $80 and kept an Outperform rating, but that target is still below where the stock was trading, suggesting analysts may be catching up to the move rather than driving it. Article: Wedbush target raise
• Negative Sentiment: After such a rapid run-up, some coverage warned the stock may struggle to sustain gains if investors begin to doubt how long the earnings surge can last. Article: Innodata stock may fail to sustain post-earnings gains

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.