Innodata Inc. (INOD)
NASDAQ: INOD · Real-Time Price · USD
21.68
+1.19 (5.81%)
At close: Oct 29, 2024, 4:00 PM
22.00
+0.32 (1.48%)
After-hours: Oct 29, 2024, 7:14 PM EDT
Innodata Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Innodata stock have an average target of 27.67, with a low estimate of 23 and a high estimate of 30. The average target predicts an increase of 27.63% from the current stock price of 21.68.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 17, 2024.
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 |
|---|---|---|---|---|---|
| Strong Buy | 1 | 2 | 2 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +6.09% | Sep 17, 2024 |
| BWS Financial | BWS Financial | Strong Buy Maintains $24 → $30 | Strong Buy | Maintains | $24 → $30 | +38.38% | Aug 9, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $30 | Strong Buy | Initiates | $30 | +38.38% | Jul 15, 2024 |
| BWS Financial | BWS Financial | Strong Buy Initiates $24 | Strong Buy | Initiates | $24 | +10.70% | 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
0.27
from -0.03
EPS Next Year
0.47
from 0.27
Increased by 74.05%
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 | 0.50 |
| Avg | 0.27 | 0.47 | 0.49 |
| Low | 0.21 | 0.31 | 0.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 132.6% | 8.4% |
| Avg | - | 74.0% | 5.3% |
| Low | - | 17.3% | 1.1% |
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.