Innodata Inc. (INOD)
NASDAQ: INOD · Real-Time Price · USD
38.24
+1.46 (3.97%)
At close: Jan 21, 2025, 4:00 PM
38.95
+0.71 (1.86%)
After-hours: Jan 21, 2025, 7:59 PM EST
Innodata Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Innodata stock have an average target of 36.5, with a low estimate of 23 and a high estimate of 48. The average target predicts a decrease of -4.55% from the current stock price of 38.24.
Analyst Consensus: Strong Buy
* Price targets were last updated on Dec 19, 2024.
Analyst Ratings
The average analyst rating for Innodata stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 3 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Initiates $48 | Buy | Initiates | $48 | +25.52% | Dec 19, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $45 | Strong Buy | Maintains | $45 | +17.68% | Dec 13, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $30 → $45 | Strong Buy | Maintains | $30 → $45 | +17.68% | Nov 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | -39.85% | Sep 17, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $24 → $30 | Strong Buy | Maintains | $24 → $30 | -21.55% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
167.57M
from 86.78M
Increased by 93.11%
Revenue Next Year
225.04M
from 167.57M
Increased by 34.30%
EPS This Year
0.54
from -0.03
EPS Next Year
0.64
from 0.54
Increased by 18.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 172.6M | 241.1M | 278.6M |
| Avg | 167.6M | 225.0M | 253.9M |
| Low | 160.7M | 208.7M | 227.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 99.0% | 43.9% | 23.8% |
| Avg | 93.1% | 34.3% | 12.8% |
| Low | 85.2% | 24.6% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.79 | 0.85 | 0.99 |
| Avg | 0.54 | 0.64 | 0.72 |
| Low | 0.30 | 0.31 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 57.1% | 54.6% |
| Avg | - | 18.2% | 13.4% |
| Low | - | -41.9% | -26.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.