Innodata Inc. (INOD)
NASDAQ: INOD · Real-Time Price · USD
47.08
+2.63 (5.90%)
Nov 21, 2024, 12:55 PM EST - Market open
Innodata Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Innodata stock have an average target of 32.67, with a low estimate of 23 and a high estimate of 45. The average target predicts a decrease of -30.60% from the current stock price of 47.08.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Innodata stock from 3 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BWS Financial | BWS Financial | Strong Buy Maintains $30 → $45 | Strong Buy | Maintains | $30 → $45 | -4.41% | Nov 8, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | -51.14% | Sep 17, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $24 → $30 | Strong Buy | Maintains | $24 → $30 | -36.27% | Aug 9, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | -36.27% | Jul 15, 2024 |
| BWS Financial | BWS Financial | Strong Buy Initiates $24 | Strong Buy | Initiates | $24 | -49.02% | May 22, 2024 |
Financial Forecast
Revenue This Year
140.21M
from 86.78M
Increased by 61.58%
Revenue Next Year
182.20M
from 140.21M
Increased by 29.95%
EPS This Year
0.28
from -0.03
EPS Next Year
0.46
from 0.28
Increased by 67.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 145.9M | 190.1M | 237.1M |
| Avg | 140.2M | 182.2M | 220.8M |
| Low | 133.6M | 170.7M | 202.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 68.1% | 35.6% | 30.2% |
| Avg | 61.6% | 29.9% | 21.2% |
| Low | 53.9% | 21.7% | 11.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.33 | 0.62 | 0.68 |
| Avg | 0.28 | 0.46 | 0.58 |
| Low | 0.21 | 0.31 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 124.6% | 47.4% |
| Avg | - | 67.3% | 24.4% |
| Low | - | 13.3% | 1.6% |
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.