Innodata Inc. (NASDAQ:INOD – Free Report) – Maxim Group dropped their FY2026 EPS estimates for Innodata in a report released on Friday, November 6th. Maxim Group analyst A. Klee now forecasts that the technology company will post earnings of $1.17 per share for the year, down from their previous forecast of $1.32. The consensus estimate for Innodata’s current full-year earnings is $1.27 per share. Maxim Group also issued estimates for Innodata’s Q2 2027 earnings at $0.24 EPS, Q3 2027 earnings at $0.26 EPS and Q4 2027 earnings at $0.29 EPS.
Innodata (NASDAQ:INOD – Get Free Report) last posted its earnings results on Thursday, November 5th. The technology company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.12. Innodata had a net margin of 14.66% and a return on equity of 37.79%. The company had revenue of $95.62 million for the quarter, compared to analyst estimates of $83.32 million. During the same quarter in the prior year, the business posted $0.24 EPS. The firm’s revenue was up 52.8% compared to the same quarter last year.
Other analysts have also issued reports about the company. Zacks Research lowered Innodata from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. BWS Financial restated a “top pick” rating and issued a $140.00 target price on shares of Innodata in a report on Friday, September 18th. Yorkville Ives began coverage on Innodata in a research report on Monday, October 5th. They set an “outperform” rating and a $90.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Innodata in a research report on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $116.67.
Read Our Latest Stock Report on INOD
Innodata Price Performance
Shares of NASDAQ INOD opened at $36.96 on Tuesday. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 32.80 and a beta of 3.11. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.73 and a current ratio of 1.73. Innodata has a fifty-two week low of $34.23 and a fifty-two week high of $125.14. The firm’s 50-day simple moving average is $56.57 and its 200 day simple moving average is $60.94.
Insider Activity at Innodata
In related news, Director Louise Forlenza sold 10,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $53.54, for a total transaction of $535,400.00. Following the transaction, the director directly owned 5,424 shares of the company’s stock, valued at $290,400.96. This trade represents a 64.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 11.80% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Innodata
A number of institutional investors have recently added to or reduced their stakes in INOD. White Pine Capital LLC bought a new position in shares of Innodata during the 3rd quarter worth approximately $510,000. Ground Swell Capital LLC purchased a new position in shares of Innodata in the 3rd quarter worth approximately $222,000. IFG Advisory LLC grew its holdings in shares of Innodata by 101.7% in the third quarter. IFG Advisory LLC now owns 1,182 shares of the technology company’s stock valued at $78,000 after acquiring an additional 596 shares in the last quarter. Allworth Financial LP grew its holdings in shares of Innodata by 37.1% in the third quarter. Allworth Financial LP now owns 3,699 shares of the technology company’s stock valued at $243,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Innodata by 41.5% in the third quarter. Russell Investments Group Ltd. now owns 26,690 shares of the technology company’s stock valued at $1,755,000 after acquiring an additional 7,830 shares in the last quarter. 30.75% of the stock is owned by institutional investors.
About Innodata
Innodata Inc is a data engineering company that helps businesses develop and use artificial intelligence. Its services include preparing and annotating data for AI models, creating and managing training datasets, and providing support for generative AI applications.
The company also provides digital content transformation and related services, converting and organizing information for use across digital platforms. Its work serves clients in industries that include technology, publishing, financial services and healthcare.
Founded in 1988, Innodata serves clients internationally and has delivery operations in locations including the United States and India.
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