BWS Financial Reaffirms “Top Pick” Rating for Innodata (NASDAQ:INOD)

Innodata (NASDAQ:INOD)‘s stock had its “top pick” rating restated by stock analysts at BWS Financial in a research report issued on Friday,Benzinga reports. They currently have a $110.00 price objective on the technology company’s stock. BWS Financial’s target price would indicate a potential upside of 98.41% from the company’s current price.

Other equities research analysts also recently issued research reports about the stock. Wedbush reiterated an “outperform” rating and set a $90.00 target price on shares of Innodata in a research note on Friday. Zacks Research cut Innodata from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Weiss Ratings lowered Innodata from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Innodata currently has an average rating of “Moderate Buy” and an average price target of $91.67.

Innodata Price Performance

Shares of NASDAQ INOD opened at $55.44 on Friday. The stock has a market cap of $1.77 billion, a P/E ratio of 57.16 and a beta of 2.43. Innodata has a twelve month low of $26.41 and a twelve month high of $93.85. The stock has a 50 day moving average of $56.93 and a two-hundred day moving average of $58.60. The company has a current ratio of 2.69, a quick ratio of 2.69 and a debt-to-equity ratio of 0.08.

Innodata (NASDAQ:INOD) last announced its earnings results on Thursday, November 6th. The technology company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. The business had revenue of $62.55 million for the quarter, compared to analysts’ expectations of $59.78 million. Innodata had a net margin of 14.11% and a return on equity of 41.67%. The firm’s revenue was up 19.8% compared to the same quarter last year. On average, research analysts forecast that Innodata will post 0.81 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Louise C. Forlenza sold 8,278 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $65.00, for a total transaction of $538,070.00. Following the transaction, the director owned 3,943 shares of the company’s stock, valued at $256,295. This represents a 67.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Ashok Mishra sold 200,000 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $61.39, for a total value of $12,278,000.00. Following the completion of the transaction, the chief operating officer owned 60,000 shares of the company’s stock, valued at $3,683,400. The trade was a 76.92% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 236,372 shares of company stock valued at $14,572,507. Company insiders own 12.20% of the company’s stock.

Hedge Funds Weigh In On Innodata

Institutional investors and hedge funds have recently made changes to their positions in the stock. UBS Group AG increased its holdings in shares of Innodata by 37.1% in the 4th quarter. UBS Group AG now owns 350,928 shares of the technology company’s stock valued at $17,880,000 after purchasing an additional 95,002 shares in the last quarter. Dupree Financial Group LLC acquired a new position in Innodata during the fourth quarter worth about $887,000. Geneos Wealth Management Inc. grew its position in Innodata by 2,876.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 7,887 shares of the technology company’s stock worth $402,000 after buying an additional 7,622 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Innodata by 5.7% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,703 shares of the technology company’s stock valued at $392,000 after buying an additional 418 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its position in shares of Innodata by 506.0% during the 4th quarter. Farther Finance Advisors LLC now owns 806 shares of the technology company’s stock valued at $41,000 after acquiring an additional 673 shares during the period. 30.75% of the stock is owned by institutional investors and hedge funds.

Key Innodata News

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: BWS Financial reaffirmed its “top pick” rating and set a $110 price target (~98% upside vs. current levels), signaling strong analyst conviction that could support medium‑term upside. BWS Financial Reaffirmation
• Positive Sentiment: Wedbush reaffirmed an “outperform” rating with a $90 price target (~62% upside), another analyst vote of confidence that underpins bullish thesis on revenue and margins. Wedbush Rating
• Positive Sentiment: Innodata announced a commercial partnership with Palantir to provide data engineering and training data (rodeo video annotation) — a clear revenue‑relevant win that drove the stock higher earlier this week. This strengthens Innodata’s position in high‑value AI data services. Zacks: Palantir Partnership
• Positive Sentiment: The company won a task‑eligible position on the U.S. Missile Defense Agency’s SHIELD IDIQ, expanding its addressable government opportunity and providing future contract bidding runway. InsiderMonkey: SHIELD Contract
• Neutral Sentiment: Recent heavy volume and a sharp intraday surge (shares jumped ~14% in the prior session) suggest momentum trading; analysts note that earnings‑estimate revisions may not sustain the rally. That makes short‑term direction uncertain. Zacks: Stock Jump Analysis
• Neutral Sentiment: Benzinga coverage of options market activity highlights elevated derivatives interest — this can amplify moves in either direction and increase intraday volatility. Benzinga: Options Market Dynamics
• Negative Sentiment: Broader weakness/valuation pressure in Palantir ahead of its earnings and a rotation away from richly valued AI names are creating a risk‑off backdrop for vendors tied to those platforms; investors appear to be taking profits after the recent run. MarketBeat: Palantir Reality Check

Innodata Company Profile

Innodata Inc (NASDAQ: INOD) is a digital services and technology company that specializes in data engineering and artificial intelligence solutions. Founded in 1988 and headquartered in East Brunswick, New Jersey, the company provides structured content and digital transformation services to publishers, media companies, legal and compliance organizations, and other information-intensive industries. Innodata’s platform enables clients to convert unstructured text, images and multimedia into high‐quality, machine‐readable formats that support search, analytics and AI model training.

The firm’s offerings include content enrichment, metadata management, taxonomy development, digital asset management and data annotation services.