Innodata Stock Forecast

Stock Price Forecast

According to 4 professional analysts, the 12-month price target for Innodata stock ranges from a low of $23 to a high of $75. The average analyst price target of $57.5 forecasts a 28.61% increase in the stock price over the next year.

Price Target: $57.50 (+28.61%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$23	$57.5	$74	$75
Change	-48.56%	+28.61%	+65.51%	+67.75%

Analyst Ratings

The average analyst rating for Innodata stock 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	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	3	3	3	3	3	3
Buy	1	1	1	1	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	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Ives Wedbush	Wedbush	Buy Maintains $75 → $58	Buy	Maintains	$75 → $58	+29.72%	May 9, 2025
Allen Klee Maxim Group	Maxim Group	Strong Buy Maintains $54 → $75	Strong Buy	Maintains	$54 → $75	+67.75%	Feb 21, 2025
Hamed Khorsand BWS Financial	BWS Financial	Strong Buy Maintains $45 → $74	Strong Buy	Maintains	$45 → $74	+65.51%	Feb 21, 2025
Daniel Ives Wedbush	Wedbush	Buy Initiates $48	Buy	Initiates	$48	+7.36%	Dec 19, 2024
Hamed Khorsand Chardan Capital	Chardan Capital	Strong Buy Maintains $45	Strong Buy	Maintains	$45	+0.65%	Dec 13, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

245.94M

from 170.46M

44.28%

from 170.46M

Revenue Next Year

298.26M

from 245.94M

21.27%

from 245.94M

EPS This Year

0.72

from 0.89

-19.29%

from 0.89

EPS Next Year

1.05

from 0.72

46.75%

from 0.72

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	58.24M	69.76M	79.00M	86.78M	170.46M	245.94M	298.26M	319.26M
Revenue Growth	4.26%	19.77%	13.26%	9.84%	96.44%	44.28%	21.27%	7.04%
EPS	0.02	-0.06	-0.44	-0.03	0.89	0.72	1.05	1.33
EPS Growth	-	-	-	-	-	-19.29%	46.75%	25.80%
Forward PE	-	-	-	-	-	62.25	42.42	33.72
No. Analysts	-	-	-	-	-	7	7	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	260.1M	326.7M	328.7M
Avg	245.9M	298.3M	319.3M
Low	233.4M	269.3M	306.7M

Revenue Growth

Revenue Growth	2025	2026	2027
High	52.6%	32.9%	10.2%
Avg	44.3%	21.3%	7.0%
Low	36.9%	9.5%	2.8%

EPS Forecast

EPS	2025	2026	2027
High	0.92	1.32	1.37
Avg	0.72	1.05	1.33
Low	0.55	0.86	1.27

EPS Growth

EPS Growth	2025	2026	2027
High	3.8%	84.2%	29.5%
Avg	-19.3%	46.7%	25.8%
Low	-38.3%	20.1%	20.9%

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.