Innodata Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Innodata stock has a consensus rating of "Strong Buy" and an average price target of $122.75. The average 1-year stock price forecast is 66.10% higher than the current stock price, while the lowest is $111 (+50.20%) and the highest is $140 (+89.45%).

Price Target: $122.75 (+66.10%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$111	$122.75	$120	$140
Change	+50.20%	+66.10%	+62.38%	+89.45%

Analyst Ratings

The average analyst rating for Innodata stock 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	Nov '25	Jan '26	Feb '26	Apr '26	May '26	Jun '26
Strong Buy	2	3	3	3	3	3
Buy	2	1	1	1	1	1
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
George Sutton Craig-Hallum	Craig-Hallum	Buy Reiterates $80 → $120	Buy	Reiterates	$80 → $120	+62.38%	Jun 16, 2026
Hamed Khorsand BWS Financial	BWS Financial	Buy Maintains $110 → $140	Buy	Maintains	$110 → $140	+89.45%	Jun 15, 2026
Daniel Ives Wedbush	Wedbush	Buy Reiterates $100 → $120	Buy	Reiterates	$100 → $120	+62.38%	Jun 4, 2026
Allen Klee Maxim Group	Maxim Group	Buy Reiterates $100 → $111	Buy	Reiterates	$100 → $111	+50.20%	May 9, 2026

Financial Forecast

Revenue This Year

357.01M

from 251.66M

41.86%

from 251.66M

Revenue Next Year

458.23M

from 357.01M

28.35%

from 357.01M

EPS This Year

1.38

from 0.92

49.57%

from 0.92

EPS Next Year

2.00

from 1.38

45.35%

from 1.38

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	69.76M	79.00M	86.78M	170.46M	251.66M	357.01M
Revenue Growth	19.77%	13.26%	9.84%	96.44%	47.64%	41.86%
Gross Profit	28.05M	29.31M	33.18M	68.51M	101.03M	148.87M
Gross Margin	40.21%	37.10%	38.23%	40.19%	40.15%	41.70%
Operating Income	-1.65M	-10.47M	898.00K	24.04M	39.87M	51.15M
Net Income	-1.67M	-11.94M	-908.00K	28.66M	32.18M	38.64M
EPS	-	-	-	-	0.92	1.38
EPS Growth	-	-	-	-	3.37%	49.57%
Forward PE	-	-	-	-	-	53.71
Free Cash Flow	1.36M	-4.38M	649.25K	17.71M	23.49M	49.51M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	365.3M
Avg	357.0M
Low	352.3M

Revenue Growth

Revenue Growth	2026	2027	2028
High	45.2%
Avg	41.9%
Low	40.0%

EPS Forecast

EPS	2026	2027	2028
High	1.73
Avg	1.38
Low	1.16

EPS Growth

EPS Growth	2026	2027	2028
High	88.0%
Avg	49.6%
Low	26.1%