Innodata Inc. (INOD)
NASDAQ: INOD · Real-Time Price · USD
43.01
+3.25 (8.17%)
At close: Dec 20, 2024, 4:00 PM
43.03
+0.02 (0.04%)
After-hours: Dec 20, 2024, 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 -15.14% from the current stock price of 43.01.
Analyst Consensus: Strong Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 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 | 2 | 3 | 3 | 3 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Initiates $48 | Buy | Initiates | $48 | +11.60% | Dec 19, 2024 |
| Chardan Capital | Chardan Capital | Strong Buy Maintains $45 | Strong Buy | Maintains | $45 | +4.63% | Dec 13, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $30 → $45 | Strong Buy | Maintains | $30 → $45 | +4.63% | Nov 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | -46.52% | Sep 17, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $24 → $30 | Strong Buy | Maintains | $24 → $30 | -30.25% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
167.53M
from 86.78M
Increased by 93.06%
Revenue Next Year
218.04M
from 167.53M
Increased by 30.15%
EPS This Year
0.28
from -0.03
EPS Next Year
0.50
from 0.28
Increased by 81.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 172.6M | 234.3M | 278.6M |
| Avg | 167.5M | 218.0M | 253.9M |
| Low | 160.7M | 197.4M | 227.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 99.0% | 39.8% | 27.8% |
| Avg | 93.1% | 30.1% | 16.4% |
| Low | 85.2% | 17.8% | 4.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.33 | 0.74 | 0.68 |
| Avg | 0.28 | 0.50 | 0.58 |
| Low | 0.21 | 0.31 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 168.6% | 35.8% |
| Avg | - | 81.6% | 14.7% |
| Low | - | 13.3% | -6.4% |
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.