What is Wedbush’s Forecast for Innodata FY2025 Earnings?

Innodata Inc. (NASDAQ:INOD) – Equities researchers at Wedbush lifted their FY2025 earnings per share (EPS) estimates for shares of Innodata in a report released on Friday, November 7th. Wedbush analyst D. Ives now anticipates that the technology company will post earnings per share of $0.92 for the year, up from their previous estimate of $0.82. Wedbush has a “Outperform” rating and a $90.00 price target on the stock. The consensus estimate for Innodata’s current full-year earnings is $0.81 per share. Wedbush also issued estimates for Innodata’s Q1 2026 earnings at $0.26 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.32 EPS, Q4 2026 earnings at $0.38 EPS and FY2026 earnings at $1.23 EPS.

Innodata (NASDAQ:INOD) last issued its earnings results on Thursday, November 6th. The technology company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.10. The firm had revenue of $62.55 million during the quarter, compared to analyst estimates of $59.78 million. Innodata had a net margin of 18.71% and a return on equity of 54.27%. The company’s quarterly revenue was up 19.8% compared to the same quarter last year.

Other research analysts have also issued reports about the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Innodata in a research note on Wednesday, November 5th. Zacks Research upgraded Innodata from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. Finally, BWS Financial reiterated a “buy” rating and issued a $110.00 price target on shares of Innodata in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Innodata presently has a consensus rating of “Buy” and a consensus price target of $80.00.

Innodata Stock Performance

Shares of INOD stock opened at $62.47 on Monday. The stock has a market capitalization of $1.99 billion, a P/E ratio of 50.38 and a beta of 2.90. The company has a current ratio of 2.87, a quick ratio of 2.87 and a debt-to-equity ratio of 0.09. The firm’s 50 day moving average is $71.37 and its 200 day moving average is $53.12. Innodata has a 12 month low of $26.41 and a 12 month high of $93.85.

Institutional Trading of Innodata

Several institutional investors and hedge funds have recently modified their holdings of INOD. Cowa LLC purchased a new position in shares of Innodata during the third quarter worth about $475,000. OneDigital Investment Advisors LLC purchased a new stake in Innodata in the third quarter valued at approximately $289,000. Vanguard Group Inc. lifted its position in Innodata by 0.8% during the third quarter. Vanguard Group Inc. now owns 1,840,491 shares of the technology company’s stock valued at $141,847,000 after purchasing an additional 15,036 shares during the last quarter. Texas Yale Capital Corp. purchased a new position in Innodata in the 3rd quarter worth approximately $617,000. Finally, Calton & Associates Inc. bought a new position in shares of Innodata in the 3rd quarter worth $327,000. Hedge funds and other institutional investors own 30.75% of the company’s stock.

About Innodata

Innodata Inc operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services.