Innodata (INOD) Stock Forecast, Price Target & Predictions
INOD Stock Forecast
Innodata stock forecast is as follows: an average price target of $23.00 (represents a -50.25% downside from INOD’s last price of $46.23) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
INOD Price Target
The average price target for Innodata (INOD) is $23.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $23.00. This represents a potential -50.25% downside from INOD's last price of $46.23.
INOD Analyst Ratings
According to 2 Wall Street analysts, Innodata's rating consensus is 'Buy'. The analyst rating breakdown for INOD stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Innodata Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Sep 17, 2024 | George Sutton | Craig-Hallum | - | - | 50.72% | -50.25% |
The latest Innodata stock forecast, released on Sep 17, 2024 by George Sutton from Craig-Hallum, set a price target of $23.00, which represents a 50.72% increase from the stock price at the time of the forecast ($15.26), and a -50.25% decrease from INOD last price ($46.23).
Innodata Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $23.00 | $23.00 |
| Last Closing Price | $46.23 | $46.23 | $46.23 |
| Upside/Downside | -100.00% | -50.25% | -50.25% |
In the current month, the average price target of Innodata stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Innodata's last price of $46.23. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 17, 2024 | Craig-Hallum | Buy | Initialise | |
| Aug 09, 2024 | BWS Financial | Buy | Buy | Hold |
| May 22, 2024 | BWS Financial | Buy | Initialise |
Innodata's last stock rating was published by Craig-Hallum on Sep 17, 2024. The company Initialise its INOD rating from "null" to "Buy".
Innodata Financial Forecast
Innodata Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Jun 12 | Sep 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $18.84M | $19.38M | $21.19M | $15.97M | $14.53M | $13.69M | $14.12M | $14.95M | $15.70M | $13.80M | $14.07M | $16.90M | $22.77M | - | - |
| Avg Forecast | $66.35M | $63.70M | $60.85M | $57.95M | $53.17M | $52.67M | $53.86M | $54.06M | $52.98M | $36.10M | $27.58M | $40.86M | $43.70M | $27.84M | $46.74M | $42.49M | $38.63M | $35.12M | $27.76M | $21.95M | $17.35M | $15.77M | $14.07M | $50.70M | $25.62M | $12.86M | $14.78M |
| High Forecast | $66.53M | $63.87M | $61.01M | $58.11M | $53.32M | $52.81M | $54.01M | $54.20M | $53.12M | $36.20M | $27.66M | $49.04M | $52.45M | $33.41M | $56.09M | $50.99M | $46.36M | $42.14M | $33.31M | $26.34M | $20.82M | $18.93M | $16.88M | $60.84M | $30.74M | $15.44M | $17.74M |
| Low Forecast | $66.04M | $63.41M | $60.57M | $57.68M | $52.93M | $52.42M | $53.61M | $53.81M | $52.73M | $35.99M | $27.46M | $32.69M | $34.96M | $22.28M | $37.39M | $33.99M | $30.90M | $28.09M | $22.21M | $17.56M | $13.88M | $12.62M | $11.26M | $40.56M | $20.49M | $10.29M | $11.83M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 9 | 18 | 14 | 19 | 19 | 12 | 20 | 19 | 13 | 20 | 20 | 16 | 9 | 13 | 18 | 9 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | 0.70% | 0.45% | 0.38% | 0.38% | 0.39% | 0.51% | 0.68% | 0.90% | 0.88% | 1.00% | 0.33% | 0.89% | - | - |
Innodata's average Quarter revenue forecast for Mar 24 based on 18 analysts is $40.86M, with a low forecast of $32.69M, and a high forecast of $49.04M. INOD's average Quarter revenue forecast represents a 116.91% increase compared to the company's last Quarter revenue of $18.84M (Mar 23).
Innodata EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Jun 12 | Sep 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 9 | 18 | 14 | 19 | 19 | 12 | 20 | 19 | 13 | 20 | 20 | 16 | 9 | 13 | 18 | 9 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-741.00K | $-1.72M | $-1.54M | $1.03M | $696.00K | $340.00K | $1.20M | $-342.00K | $1.17M | $-559.00K | $1.00M | $732.00K | $3.41M | - | - |
| Avg Forecast | $1.12M | $1.07M | $1.02M | $975.12K | $894.77K | $886.23K | $906.33K | $909.59K | $891.48K | $607.42K | $464.14K | $-1.63M | $-1.74M | $445.09K | $-1.86M | $-1.69M | $-1.54M | $-1.40M | $-1.11M | $-875.08K | $-691.76K | $-628.88K | $2.71M | $1.54M | $3.79M | $-562.67K | $4.82M |
| High Forecast | $1.12M | $1.07M | $1.03M | $977.74K | $897.17K | $888.61K | $908.76K | $912.03K | $893.87K | $609.22K | $465.38K | $-1.30M | $-1.39M | $534.11K | $-1.49M | $-1.36M | $-1.23M | $-1.12M | $-885.58K | $-700.06K | $-553.41K | $-503.10K | $3.25M | $1.84M | $4.55M | $-450.13K | $5.78M |
| Low Forecast | $1.11M | $1.07M | $1.02M | $970.62K | $890.64K | $882.14K | $902.15K | $905.39K | $887.37K | $605.63K | $462.00K | $-1.96M | $-2.09M | $356.07K | $-2.24M | $-2.03M | $-1.85M | $-1.68M | $-1.33M | $-1.05M | $-830.12K | $-754.65K | $2.16M | $1.23M | $3.03M | $-675.20K | $3.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.43% | -3.86% | 0.83% | -0.61% | -0.45% | -0.24% | -1.09% | 0.39% | -1.70% | 0.89% | 0.37% | 0.48% | 0.90% | - | - |
19 analysts predict INOD's average Quarter EBITDA for Mar 22 to be $-1.86M, with a high of $-1.49M and a low of $-2.24M. This is -280.60% lower than Innodata's previous annual EBITDA (Mar 21) of $1.03M.
Innodata Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Jun 12 | Sep 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 9 | 18 | 14 | 19 | 19 | 12 | 20 | 19 | 13 | 20 | 20 | 16 | 9 | 13 | 18 | 9 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-2.11M | $-1.96M | $-2.89M | $398.00K | $-365.00K | $-452.00K | $-268.00K | $-1.73M | $3.00K | $-1.84M | $189.00K | $316.00K | $2.09M | - | - |
| Avg Forecast | $10.20M | $9.69M | $8.84M | $8.16M | $6.48M | $6.43M | $6.77M | $6.70M | $7.56M | $4.69M | $-493.10K | $-5.36M | $-5.74M | $-246.20K | $-6.13M | $-5.58M | $-5.07M | $-4.61M | $-3.64M | $-2.88M | $-2.28M | $-2.07M | $510.30K | $663.60K | $2.32M | $-1.17M | $2.86M |
| High Forecast | $10.24M | $9.73M | $8.87M | $8.19M | $6.51M | $6.45M | $6.79M | $6.72M | $7.59M | $4.93M | $-490.14K | $-4.29M | $-4.59M | $-196.96K | $-4.91M | $-4.46M | $-4.06M | $-3.69M | $-2.91M | $-2.30M | $-1.82M | $-1.66M | $612.36K | $796.32K | $2.78M | $-933.33K | $3.44M |
| Low Forecast | $10.14M | $9.63M | $8.79M | $8.11M | $6.45M | $6.39M | $6.73M | $6.66M | $7.52M | $4.45M | $-494.82K | $-6.44M | $-6.88M | $-295.44K | $-7.36M | $-6.69M | $-6.08M | $-5.53M | $-4.37M | $-3.46M | $-2.73M | $-2.48M | $408.24K | $530.88K | $1.86M | $-1.40M | $2.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.37% | 7.95% | 0.47% | -0.07% | 0.07% | 0.10% | 0.07% | 0.60% | -0.00% | 0.89% | 0.37% | 0.48% | 0.90% | - | - |
Innodata's average Quarter net income forecast for Mar 22 is $-6.13M, with a range of $-7.36M to $-4.91M. INOD's average Quarter net income forecast represents a -1641.45% decrease compared to the company's last Quarter net income of $398.00K (Mar 21).
Innodata SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Jun 12 | Sep 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 9 | 18 | 14 | 19 | 19 | 12 | 20 | 19 | 13 | 20 | 20 | 16 | 9 | 13 | 18 | 9 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $7.80M | $8.36M | $10.19M | $5.53M | $4.72M | $4.60M | $3.92M | $4.63M | $3.81M | $4.13M | $3.79M | $4.62M | $6.19M | - | - |
| Avg Forecast | $24.65M | $23.67M | $22.61M | $21.53M | $19.76M | $19.57M | $20.01M | $20.08M | $19.68M | $13.41M | $10.25M | $12.05M | $12.89M | $3.92M | $13.79M | $12.53M | $11.39M | $10.36M | $8.19M | $6.47M | $5.12M | $4.65M | $10.23M | $9.71M | $6.87M | $4.90M | $2.63M |
| High Forecast | $24.72M | $23.73M | $22.67M | $21.59M | $19.81M | $19.62M | $20.07M | $20.14M | $19.74M | $13.45M | $10.28M | $14.46M | $15.47M | $4.71M | $16.54M | $15.04M | $13.67M | $12.43M | $9.83M | $7.77M | $6.14M | $5.58M | $12.28M | $11.65M | $8.25M | $5.88M | $3.15M |
| Low Forecast | $24.54M | $23.56M | $22.51M | $21.43M | $19.67M | $19.48M | $19.92M | $19.99M | $19.59M | $13.37M | $10.20M | $9.64M | $10.31M | $3.14M | $11.03M | $10.03M | $9.12M | $8.29M | $6.55M | $5.18M | $4.09M | $3.72M | $8.18M | $7.77M | $5.50M | $3.92M | $2.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.60% | 2.13% | 0.74% | 0.44% | 0.41% | 0.44% | 0.48% | 0.71% | 0.74% | 0.89% | 0.37% | 0.48% | 0.90% | - | - |
Innodata's average Quarter SG&A projection for Mar 24 is $12.05M, based on 18 Wall Street analysts, with a range of $9.64M to $14.46M. The forecast indicates a 54.58% rise compared to INOD last annual SG&A of $7.80M (Mar 23).
Innodata EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Mar 23 | Dec 22 | Mar 22 | Mar 21 | Mar 20 | Mar 19 | Mar 18 | Mar 17 | Mar 16 | Mar 15 | Mar 14 | Mar 13 | Jun 12 | Sep 05 | Sep 04 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 9 | 18 | 14 | 19 | 19 | 12 | 20 | 19 | 13 | 20 | 20 | 16 | 9 | 13 | 18 | 9 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.08 | $-0.07 | $-0.11 | $0.02 | $-0.01 | $-0.02 | $-0.01 | $-0.07 | - | $-0.07 | $0.01 | $0.01 | $0.08 | - | - |
| Avg Forecast | $0.30 | $0.28 | $0.26 | $0.24 | $0.19 | $0.19 | $0.20 | $0.20 | $0.22 | $0.14 | $-0.01 | $1.58 | $1.43 | $1.95 | $1.43 | $-0.24 | $-0.22 | $-0.20 | $-0.16 | $-0.13 | $-0.10 | $-0.09 | $-0.03 | $-0.06 | $0.10 | $-0.08 | $0.06 |
| High Forecast | $0.30 | $0.29 | $0.26 | $0.24 | $0.19 | $0.19 | $0.20 | $0.20 | $0.22 | $0.14 | $-0.01 | $1.58 | $1.43 | $1.96 | $1.43 | $-0.20 | $-0.18 | $-0.16 | $-0.13 | $-0.10 | $-0.08 | $-0.07 | $-0.02 | $-0.05 | $0.12 | $-0.06 | $0.07 |
| Low Forecast | $0.30 | $0.28 | $0.26 | $0.24 | $0.19 | $0.19 | $0.20 | $0.20 | $0.22 | $0.13 | $-0.01 | $1.57 | $1.42 | $1.94 | $1.43 | $-0.29 | $-0.26 | $-0.24 | $-0.19 | $-0.15 | $-0.12 | $-0.11 | $-0.03 | $-0.08 | $0.08 | $-0.10 | $0.04 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.05% | -0.04% | -0.08% | -0.06% | 0.05% | 0.10% | 0.06% | 0.54% | -0.00% | 0.78% | -0.25% | -0.17% | 0.80% | - | - |
According to 19 Wall Street analysts, Innodata's projected average Quarter EPS for Mar 22 is $1.43, with a low estimate of $1.43 and a high estimate of $1.43. This represents a 9186.72% increase compared to INOD previous annual EPS of $0.02 (Mar 21).
Innodata Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CYXT | Cyxtera | - | - | 8971.43% | Buy |
| NOTE | FiscalNote | - | - | 733.33% | Buy |
| ALYA | Alithya Group | - | - | 209.73% | Hold |
| NABL | N-able | - | - | 65.37% | Buy |
| BBAI | BigBear.ai | - | - | 36.99% | Buy |
| ASGN | ASGN | - | - | 17.16% | Hold |
| PRFT | Perficient | - | - | 6.64% | Hold |
| NYAX | Nayax | - | - | -2.41% | Hold |
| G | Genpact | - | - | -6.59% | Hold |
| IBM | International Business Machines | - | - | -7.33% | Hold |
| EXLS | ExlService | - | - | -28.52% | Buy |
| INOD | Innodata | - | - | -50.25% | Buy |