Innodata Inc. (INOD)
NASDAQ: INOD · Real-Time Price · USD
13.74
-1.03 (-6.97%)
At close: Sep 18, 2024, 4:00 PM
13.62
-0.12 (-0.87%)
After-hours: Sep 18, 2024, 5:29 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 101.38% from the current stock price of 13.74.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $23 $27.67 $30 $30
Change +67.39% +101.38% +118.34% +118.34%

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 '24Jul '24Aug '24Sep '24
Strong Buy 1223
Buy 0000
Hold 0000
Sell 0000
Strong Sell 0000
Total 1223

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Craig-Hallum
Craig-Hallum
Strong Buy
Initiates
$23
Strong Buy Initiates $23 +67.39% Sep 17, 2024
BWS Financial
BWS Financial
Strong Buy
Maintains
$24$30
Strong Buy Maintains $24$30 +118.34% Aug 9, 2024
Maxim Group
Maxim Group
Strong Buy
Initiates
$30
Strong Buy Initiates $30 +118.34% Jul 15, 2024
BWS Financial
BWS Financial
Strong Buy
Initiates
$24
Strong Buy Initiates $24 +74.67% May 22, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
140.39M
from 86.78M
Increased by 61.79%
Revenue Next Year
180.96M
from 140.39M
Increased by 28.90%
EPS This Year
0.27
from -0.03
EPS Next Year
0.47
from 0.27
Increased by 74.05%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
55.86M58.24M69.76M79.00M86.78M140.39M180.96M230.36M
Revenue Growth
-2.72%4.26%19.77%13.25%9.84%61.79%28.90%27.30%
EPS
-0.080.02-0.06-0.44-0.030.270.470.49
EPS Growth
------74.05%5.26%
Forward PE
-----51.4129.5428.06
No. Analysts -----443
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 145.9M 189.7M 237.1M
Avg 140.4M 181.0M 230.4M
Low 133.6M 170.7M 221.3M

Revenue Growth

Revenue Growth 202420252026
High
68.1%
35.1%
31.0%
Avg
61.8%
28.9%
27.3%
Low
53.9%
21.6%
22.3%

EPS Forecast

EPS 202420252026
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 202420252026
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.