Innodata stock
INODNASDAQInnodata Inc., TechnologyISIN US4576422053
62Score 62 out of 100, Neutral
Price and trend
25 / 100
Price history
−41% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 40% below it.
Since September 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Sharply down: the price has fallen very quickly lately (RSI 21).
The price is 70% below its 52-week high. Largest decline in 20 years: 91% (September 2009 to April 2020).
Chart figures for advanced users
- SMA 50$55.45
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$60.47
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)21
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDbelow the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$34.45
- The lowest closing price of the last twelve months.
- Resistance$121.50
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Innodata Inc. belongs to the Information Technology Services industry (United States) and, with a market value of $1.25B, is number 62 of 104 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $251.66M (up 47.6% year on year) and earnings of $32.18M (up 12.3%).
- For fiscal 2026, analysts expect on average revenue of $357.63M (up 42.1%) and adjusted earnings per share of $1.23 (up 35.5%).
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- MEQIRI Score 62 out of 100 (Neutral): rank 405 of 857 in Technology, median 61.
- The P/E is 26.7 (Information Technology Services median 18.7, own median of recent years 45.4).
- Our model puts fair value at $30.23, with the price 26% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 109.4% a year since 2020.Growth 100
- High return on capitalReturn on invested capital 124% in fiscal 2025, Information Technology Services median 8%.Profitability 79
- Growing faster than its industryRevenue up 34% a year since 2020, Information Technology Services median 8.3%.Growth 100
Weaknesses
- Margin may fall backOperating margin 16%, average of the prior years 1.1%, which ranged from −13% to 14.2%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.
- DilutionShare count up 29% since 2020.Capital allocation 54
- Volatile share priceVolatility 122% a year over the last 12 months.
Its standout strengths are growth and profitability, while technical analysis and momentum hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
The fundamentals are in the middle range.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among smaller stocks.
From 2016 to 2025, 36 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What drives the risk
- price far below its 52-week high
- high price swings
- high growth grade (crashed more often in the backtest)
What lowers it
- price not overheated over the past year
Valuation
Valuation signal
Fairly valuedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $20.15 and expensive above $60.46 (uncertainty very high, based on the price swings of the past year).
The two parts of the fair value come to $35.04 (cash-flow model) and $25.42 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is slightly above both parts; given how much the stock swings, that still counts as fair.
Calculated with a cost of equity of 8.8%. At 9.8% the fair value would be $27.26, at 7.8% it would be $34.69.
Valuation metrics
Half from the cash-flow model, half from earnings times the industry P/E (18.7).
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 46.9% on the twelve months before. Revenue has grown solidly since 2006, at about 10% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 40%, operating 16%, net 13%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 25 Feb 2027in 105 days
- Last reported
- 5 Nov 2026EPS reported $0.29 (expected $0.17)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.230.0%
- Revenue
- $357.63M0.0%
- Earnings per share
- $1.620.0%
- Revenue
- $456.55M0.0%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook raised
Share price after the results: +82.5%2026 revenue growth guidance raised to approximately 40% or more.
“With one quarter behind us, and progressively increasing visibility, we are raising our full-year 2026 revenue growth guidance to approximately 40% or more.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 7 May 2026 (fiscal Q1 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 5 insiders sold, $128.01M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Forlenza Louise CSale
14 Sept 2026, Board
- Shares
- 10,000
- Price
- $53.54
- Value
- $535,400
- Forlenza Louise CSale
4 Sept 2026, Board
- Shares
- 10,000
- Price
- $55.01
- Value
- $550,100
- Abuhoff JackSale
16 Jun 2026, CEO
- Shares
- 200,000
- Price
- $110.20
- Value
- $22.04M
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- Abuhoff JackSale
15 Jun 2026, CEO
- Shares
- 94,059
- Price
- $105.70
- Value
- $9.94M
- Mishra AshokSale
2 Jun 2026, EVP and COO
- Shares
- 38,666
- Price
- $114.34
- Value
- $4.42M
- Espineli Marissa BSale
29 May 2026, Interim CFO
- Shares
- 19,667
- Price
- $105.88
- Value
- $2.08M
- Abuhoff JackSale
29 May 2026, CEO
- Shares
- 105,586
- Price
- $103.50
- Value
- $10.93M
- Abuhoff JackSale
22 May 2026, CEO
- Shares
- 38,056
- Price
- $100.39
- Value
- $3.82M
- Forlenza Louise CSale
21 May 2026, Board
- Shares
- 18,000
- Price
- $94.47
- Value
- $1.7M
- Abuhoff JackSale
21 May 2026, CEO
- Shares
- 150,000
- Price
- $95.63
- Value
- $14.34M
- Forlenza Louise CSale
20 May 2026, Board
- Shares
- 15,000
- Price
- $92.33
- Value
- $1.38M
- Abuhoff JackSale
20 May 2026, CEO
- Shares
- 150,000
- Price
- $93.46
- Value
- $14.02M
- Forlenza Louise CSale
19 May 2026, Board
- Shares
- 5,000
- Price
- $86.10
- Value
- $430,500
- Abuhoff JackSale
19 May 2026, CEO
- Shares
- 2,800
- Price
- $93.03
- Value
- $260,484
- Abuhoff JackSale
18 May 2026, CEO
- Shares
- 150,000
- Price
- $94.39
- Value
- $14.16M
- Abuhoff JackSale
15 May 2026, CEO
- Shares
- 100,000
- Price
- $95.78
- Value
- $9.58M
- Massey Stewart RSale
15 May 2026, Board
- Shares
- 10,000
- Price
- $96.00
- Value
- $960,000
- Abuhoff JackSale
14 May 2026, CEO
- Shares
- 76,991
- Price
- $95.58
- Value
- $7.36M
- Abuhoff JackSale
13 May 2026, CEO
- Shares
- 94,460
- Price
- $91.19
- Value
- $8.61M
- Massey Stewart RSale
13 May 2026, Board
- Shares
- 10,000
- Price
- $88.22
- Value
- $882,180
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at Innodata
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
857 rated companies in Technology
- This company
- 62
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Information Technology Services
The next larger and next smaller companies by market value
- Clarivate PlcCLVT $1.48B43
- EverforthEFOR $1.48B51
- NCR VoyixVYX $1.42B47
- NeuronesNRO.PA $1.32B76
- KontronKTN.VI $1.3B46
- Keel InfrastructureKEEL $1.28B23
- Grid Dynamics HoldingsGDYN $1.11B58
- BigBear.ai HoldingsBBAI $1.11B30
ETFs that hold Innodata
Held by 12 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Invesco Artificial Intelligence Enablers UCITS ETF AccumUSDIVAI | 1.83% | 0.35% | €35.63M |
| WisdomTree Artificial Intelligence UCITS ETF USD AccWTI2 | 1.27% | 0.40% | €1.08B |
| L&G Russell 2000 US Small Cap Quality UCITS ETFETLZ | 0.07% | 0.30% | €185.82M |
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| Xtrackers Russell 2000 UCITS ETF 1CXRS2 | 0.04% | 0.30% | €2.17B |
| State Street SPDR Russell 2000 U.S. Small Cap UCITS ETF (Acc)ZPRR | 0.04% | 0.30% | €4.22B |
| iShares MSCI USA Small Cap CTB Enhanced ESG UCITS ETFSXRG | 0.03% | 0.43% | €2.48B |
| State Street SPDR MSCI World Small Cap UCITS ETF (Acc)ZPRS | 0.01% | 0.45% | €1.53B |
| iShares MSCI World Small Cap CTB Enhanced ESG UCITS ETFCBUG | 0.01% | 0.35% | €434.1M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 15 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.