Innodata Inc. (INOD)
NASDAQ: INOD · IEX Real-Time Price · USD
15.15
-0.30 (-1.94%)
At close: Jul 2, 2024, 4:00 PM
15.20
+0.05 (0.33%)
After-hours: Jul 2, 2024, 7:42 PM EDT

Innodata Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Innodata stock has a target of 24, which predicts an increase of 58.42% from the current stock price of 15.15.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $24 $24 $24 $24
Change +58.42% +58.42% +58.42% +58.42%
* Price targets were last updated on May 22, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Innodata is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24
Strong Buy 11
Buy 00
Hold 00
Sell 00
Strong Sell 00
Total 11

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
BWS Financial
BWS Financial
Strong Buy
Initiates
$24
Strong Buy Initiates $24 +58.42% May 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
124.10M
from 86.78M
Increased by 43.01%
Revenue Next Year
159.18M
from 124.10M
Increased by 28.27%
EPS This Year
0.18
from -0.03
EPS Next Year
0.52
from 0.18
Increased by 184.36%
Year 2019202020212022202320242025
Revenue
55.86M58.24M69.76M79.00M86.78M124.10M159.18M
Revenue Growth
-2.72%4.26%19.77%13.25%9.84%43.01%28.27%
EPS
-0.080.02-0.06-0.44-0.030.180.52
EPS Growth
------184.36%
Forward PE
-----82.9829.18
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 127.8M 163.9M
Avg 124.1M 159.2M
Low 119.2M 152.9M

Revenue Growth

Revenue Growth 20242025
High
47.2%
32.0%
Avg
43.0%
28.3%
Low
37.4%
23.2%

EPS Forecast

EPS 20242025
High 0.19 0.53
Avg 0.18 0.52
Low 0.18 0.50

EPS Growth

EPS Growth 20242025
High -
192.7%
Avg -
184.4%
Low -
173.2%
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.