Stock·NASDAQ·Technology
Innodata Inc. (INOD)
- Market cap
- $1.95B
- P/E
- 45.42
- Dividend yield
- 0.00%
- Street target
- $120.00median of 4 analysts
- 52-week range
- $34.23 $125.14
The short version
Where INOD stands today, in four lines, and what CleaRank Financial AI makes of it.
INOD at a glance
Innodata Inc. (INOD): Strong Buy, 81/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($60.95 and $61.79).
- Earnings INOD beat estimates in 5 of its last 6 quarters, yet fell the next day after 4 of those beats.
- Insiders Insiders sold $175.4M and made no open-market purchases over the last 18 months.
- Valuation P/E of 45.4 against 35.1 for the Technology sector: a premium to peers (+29%).
Figures as of October 16, 2026.
CleaRank Financial AI
Innodata Inc. (INOD) is trading at $56.57, below its 50-day SMA of $60.95 and 200-day SMA of $61.79, indicating recent price weakness.
Despite this, the company has demonstrated exceptional revenue growth of 57.8% and is projected to grow revenue by 43.00% in the current year and 28.00% next year. The consensus rating among four Wall Street analysts is a Strong Buy, with a median price target of $120.00, suggesting an upside of 112.1% from the current price. This strong analyst conviction, coupled with strong growth estimates, forms the core of the bullish thesis for INOD. However, significant insider selling pressure is a notable concern, with $175.4 million in sales versus no reported purchases, leading to a heavy insider selling. This contrasts sharply with the positive analyst sentiment and warrants careful consideration. The company's strong profit margin of 14.66% and low debt-to-equity ratio of 0.02 are positive fundamental indicators, but the current technical setup and insider activity present a mixed picture that investors must weigh.
Only on CleaRank
Figures we compute ourselves from INOD's own price, earnings and insider-filing history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $56.57 is 7.2% below the 50-day simple moving average of $60.95.Price above its 200-day average ›
The price is 8.5% below the 200-day simple moving average of $61.79.50-day average above the 200-day ›
The 50-day average ($60.95) is 1.4% below the 200-day average ($61.79), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 25% of its 52-week range, between $34.23 and $125.14.
INOD share price
Pick a period: each tab shows how far INOD has moved over it, to the last close.
Today's trading
Where INOD sits inside today's range and its 52-week range.
Fundamentals
Valuation against the sector, and the revenue and earnings behind it.
Valuation and quality checks
3/4P/E below the sector median ›
The trailing P/E of 45.42 is 29.4% above the Technology median of 35.1.P/S below the sector median ›
The price-to-sales ratio of 5.76 is 24.2% below the sector median of 7.6.Profitable over the last 12 months ›
Net income over the last 12 months was $46.5M on revenue of $317.2M, a net margin of 14.7%.Beat estimates in most recent reports ›
INOD beat the EPS estimate in 5 of its last 6 reports.
Key statistics
The headline figures for INOD.
As of October 16, 2026, INOD trades at $56.57, with a market value of $1.95B and a P/E ratio of 45.42.
What the numbers say
CleaRank Financial AI's reading of INOD's valuation, growth and risks.
Innodata Inc. (INOD) presents a compelling growth story with a current P/E ratio of 45.42, which is higher than the sector median of 35.1, suggesting a premium valuation.
However, its price-to-sales ratio of 5.76 is below the sector median of 7.6, and its revenue growth of 57.8% significantly outpaces the sector average of 24.2%. The company boasts a strong return on equity of 37.77% and a healthy profit margin of 14.66%, well above the sector median ROE of 13.4%. The company's balance sheet appears strong, with a very low debt-to-equity ratio of 0.02, indicating minimal financial leverage. Despite the higher P/E, the exceptional revenue growth and strong profitability metrics suggest that the current valuation may be justified by its growth trajectory. The contrast between its premium P/E and below-sector-median P/S, combined with superior growth and profitability, warrants a closer look at its long-term earnings power.
INOD against the Technology sector
How INOD compares with the median Technology stock CleaRank tracks.
Price to earnings vs sector: INOD trades at a significant premium to sector peers (+29%), suggesting market expectations for superior growth or market position.
Return vs XLK: Since May 5, 2025, INOD has gained 46.3% against a gain of 74.3% for XLK.
Performance against XLK
INOD and the Technology sector fund over the same days.
Revenue and earnings
How much INOD sells, and how much of it becomes profit.
Revenue growth: Revenue grew 47.6% in FY2025 to $252M, from $170M a year earlier.
Profit margin: The net margin was 12.8% in FY2025, down from 16.8% the year before.
Profitable: INOD earned $32.2M in FY2025.
Earnings reality check
Did INOD beat what analysts expected, and how did the stock react?
Earnings record: INOD beat the analyst estimate in 5 of the last 6 quarters.
Market reaction: The stock fell in the first session after 4 of those 5 beats, so a beat has not been enough on its own.
| Report | Estimate | Actual | Surprise | First session | 5 sessions |
|---|---|---|---|---|---|
| Aug 6, 2026after close | $0.26 | $0.41 | +57.69% | -4.81% | -5.12% |
| Feb 26, 2026after close | $0.26 | $0.25 | -3.85% | -7.17% | -6.66% |
| Nov 3, 2025after close | $1.32 | $1.50 | +13.64% | -7.73% | -5.41% |
| Jul 31, 2025after close | $0.13 | $0.20 | +53.85% | -18.11% | -21.99% |
| May 8, 2025after close | $0.18 | $0.22 | +22.22% | -15.79% | -13.89% |
| Feb 20, 2025after close | $0.25 | $0.31 | +24.00% | +13.47% | -3.56% |
As of October 16, 2026, INOD has beaten the analyst EPS estimate in 5 of its last 6 reported quarters and fell in the first trading session after 4 of those beats; its latest report, on August 6, 2026, came in 57.69% above the estimate and the stock moved -4.81% in the first session.
The first session is the first full trading day on the news: the report day itself for a report before the open, the next day for one after the close. Surprise is actual EPS against the consensus estimate.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 41.3, in neutral territory.RSI above 50 ›
An RSI of 41.3 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of INOD
The score, the reasoning behind it, and what could move the price next.
Innodata Inc. (INOD) exhibits neutral momentum with a 14-day RSI of 41.3, indicating neither overbought nor oversold conditions.
The stock is currently trading below its 50-day SMA ($60.95), 200-day SMA ($61.79), and 20-day EMA ($61.69), suggesting a bearish short-to-medium term trend. Volume on the latest trading day was 1,262,700, which is 10.8% above the average volume of 1,139,920, indicating increased investor interest but not necessarily a directional signal. The current price action suggests that the moving averages are acting as resistance. The proximity to the 200-day SMA suggests that a break below this level could signal further downside. The MACD indicator is at -1.007, also pointing towards bearish momentum. Investors should monitor for a potential reversal above the 50-day SMA to signal a shift in the technical trend.
Strong Analyst Consensus and Price Targets ›
Four Wall Street analysts maintain a Strong Buy rating with a median price target of $120.00, indicating significant upside potential from the current price.
Source: Wall Street AnalystsExceptional Revenue Growth Projections ›
The company is expected to grow revenue by 43.00% in the current year and 28.00% in the next year, significantly outpacing sector averages.
Source: Wall Street Estimates
Heavy Insider Selling Activity ›
Insiders have sold over $175 million worth of stock with no reported purchases, resulting in a heavy insider selling, which raises concerns about management's confidence.
Source: Insider TransactionsTrading Below Key Moving Averages ›
Innodata Inc. is currently trading below its 50-day and 200-day moving averages ($60.95 and $61.79), indicating current technical weakness and potential for further downside.
Source: Technical Analysis
- A sustained move above the 50-day SMA at $60.95 would be a critical technical signal to watch for a potential trend reversal.
- Given the elevated P/E ratio of 45.42, ensure that Innodata Inc.'s revenue growth continues to meet or exceed market expectations to justify the premium valuation.
Technical indicators
Momentum and trend for INOD, from its daily closes.
As of October 16, 2026, with INOD at $56.57, its 14-day RSI is 41.3 (neutral territory), its 50-day simple moving average is $60.95 and its 200-day is $61.79.
Calculated by CleaRank on daily closes as of October 16, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What INOD moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 16, 2026, INOD's 1-year correlation of daily returns is +0.46 with S&P 500 (SPY), +0.50 with Nasdaq 100 (QQQ), +0.33 with Bitcoin (BTC) and +0.12 with gold (XAU).
What Wall Street expects
The analysts' target range and how their ratings split.
Analysts checks
2/3Most analysts rate it a buy ›
4 of 4 analysts rate it a buy or strong buy, 0 a hold and 0 a sell.Median target above the price ›
The median 12-month target of $120.00 is 112.1% above the price.More buy ratings than three months ago ›
4 of 4 rate it a buy now, against 4 of 4 three months ago.
INOD Wall Street View
12-month price targets
The price, $56.57, sits below every analyst's target.
Ratings
Recent rating actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Sep 18, 2026 | BWS Financial | Maintains | Top Pick |
| Aug 7, 2026 | BWS Financial | Maintains | Top Pick |
| Jun 15, 2026 | BWS Financial | Maintains | Top Pick |
| Jun 5, 2026 | Wedbush | Maintains | Outperform |
| Jun 4, 2026 | Wedbush | Maintains | Outperform |
| May 14, 2026 | Wedbush | Maintains | Outperform |
As of October 16, 2026, 4 Wall Street analysts cover INOD: 4 rate it a buy or strong buy, 0 a hold and 0 a sell or strong sell. Their 12-month price targets range from $111.00 to $140.00, with a median of $120.00, 112.1% above the price of $56.57.
Source: TwelveData analyst consensus. Targets and ratings belong to the analysts, not to CleaRank.
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
INOD trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Long entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
INOD moves about 4.7% a day on average, so a stop can fill well past its level. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much INOD tends to move, against the market and on its own.
The long record
INOD's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
3/4Average daily move under 2% ›
The price has moved 4.65% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 74.4%, from November 2021 to December 2022, regained by June 2023.Most 1-year holds ended higher ›
64% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $226,280, against $42,525 in the S&P 500 (SPY).
INOD Drawdowns & Recovery
As of October 16, 2026, INOD's worst peak-to-trough fall over the last 10 years with dividends reinvested was -74.4% (November 2021 to December 2022); it regained that peak by June 2023, 6 months after the low, and 64% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into INOD in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: INOD beat the S&P 500 over this period: $226,280 against $42,525.
A $10,000 investment in INOD in October 2016 would be worth about $226,280 today with dividends reinvested, compared with about $42,525 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to INOD, and which have not.
Strongest month, May: an average of +31.49%, up in 5 of 10 years.
Weakest month, March: an average of -4.01%, up in 4 of 10 years.
This month, October: has averaged +0.65%, up in 4 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, INOD's strongest calendar month has been May (average +31.49%, up in 5 of 10 years) and its weakest March (average -4.01%, up in 4 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in INOD, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in INOD today could grow to about $30,094 by 2036 in the base case, with a 90th-percentile outcome near $228,315 and a 10th-percentile outcome around $3,967. Projections are statistical simulations, not guarantees.
INOD Stock Price Prediction: 2030
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $87.90 for INOD by 2030 in the base case, from $56.57 today (1.6x over 4 years). The 10th-percentile path ends near $24.40. These are outcomes of a Monte Carlo simulation run on INOD's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $33.28 | $63.16 | $120 | |
| 2028 | $28.49 | $70.52 | $175 | |
| 2029 | $25.95 | $78.73 | $239 | |
| 2030 | $24.40 | $87.90 | $317 | |
| 2031 | $23.42 | $98.14 | $411 |
Method: a lognormal simulation of INOD's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles. INOD is highly volatile, so its upside column reaches an extreme multiple; treat it as a statistical tail, not an expectation.
Insider trading
What the people running the company have bought and sold.
INOD insider trading
Shares the company's directors and officers bought and sold, from their own filings.
Month by month
Open-market purchases above the line, sales below.
Insider buying: No insider bought INOD shares on the open market in the last 18 months. Sales are often planned in advance or cover tax on vesting shares, so they say less than purchases would.
As of October 16, 2026, INOD insiders reported 20 open-market sales worth $175.4M and no open-market purchases over the last 18 months; grants and option exercises are not counted.
| Date | Insider | Type | Shares | Value |
|---|---|---|---|---|
| Sep 14, 2026 | Louise C Forlenza
Director
|
Sell | 10.0K | $535.4K |
| Sep 14, 2026 | Louise C Forlenza
Director
|
Option | 10.0K | $14.2K |
| Sep 4, 2026 | Louise C Forlenza
Director
|
Sell | 10.0K | $550.1K |
| Sep 4, 2026 | Louise C Forlenza
Director
|
Option | 10.0K | $13.8K |
| Jul 6, 2026 | Jayant Chauhan
Chief Financial Officer
|
Grant | 8.9K | - |
| Jun 16, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Sell | 294.1K | $32.0M |
| Jun 16, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Option | 294.1K | $711.8K |
| Jun 4, 2026 | Daniel Callahan
Director
|
Grant | 1.5K | - |
| Jun 4, 2026 | Richard D Clarke
Director
|
Grant | 1.5K | - |
| Jun 4, 2026 | Louise C Forlenza
Director
|
Grant | 1.5K | - |
| Jun 4, 2026 | Stewart R Massey
Director
|
Grant | 1.5K | - |
| Jun 2, 2026 | Ashok Kumar Mishra
Chief Operating Officer
|
Sell | 38.7K | $4.4M |
| Jun 2, 2026 | Ashok Kumar Mishra
Chief Operating Officer
|
Option | 26.7K | $1.1M |
| May 29, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Sell | 105.6K | $10.9M |
| May 29, 2026 | Marissa B Espineli
Chief Financial Officer
|
Sell | 19.7K | $2.1M |
| May 29, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Option | 105.6K | $526.9K |
| May 29, 2026 | Marissa B Espineli
Chief Financial Officer
|
Option | 19.7K | $383.9K |
| May 22, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Sell | 38.1K | $3.8M |
| May 22, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Option | 38.1K | $189.9K |
| May 21, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Sell | 150.0K | $14.3M |
| May 21, 2026 | Louise C Forlenza
Director
|
Sell | 18.0K | $1.7M |
| May 21, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Option | 150.0K | $748.5K |
| May 21, 2026 | Louise C Forlenza
Director
|
Option | 18.0K | $22.3K |
| May 20, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Sell | 152.8K | $14.3M |
| May 20, 2026 | Louise C Forlenza
Director
|
Sell | 20.0K | $1.8M |
| May 20, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Option | 152.8K | $762.5K |
| May 20, 2026 | Louise C Forlenza
Director
|
Option | 20.0K | $24.8K |
| May 18, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Sell | 250.0K | $23.7M |
| May 18, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Option | 250.0K | $1.2M |
| May 15, 2026 | Stewart R Massey
Director
|
Sell | 10.0K | $960.0K |
| May 14, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Sell | 243.2K | $22.8M |
| May 14, 2026 | Jack S Abuhoff
Chief Executive Officer
|
Option | 243.2K | $2.4M |
| May 13, 2026 | Stewart R Massey
Director
|
Sell | 10.0K | $882.2K |
| May 13, 2026 | Stewart R Massey
Director
|
Option | 10.0K | $72.4K |
| May 12, 2026 | Ashok Kumar Mishra
Chief Operating Officer
|
Sell | 242.9K | $21.9M |
| May 12, 2026 | Louise C Forlenza
Director
|
Sell | 30.0K | $2.7M |
| May 12, 2026 | Louise C Forlenza
Director
|
Option | 30.0K | $33.8K |
| May 12, 2026 | Ashok Kumar Mishra
Chief Operating Officer
|
Option | 242.9K | $1.2M |
| Dec 31, 2025 | Jack S Abuhoff
Chief Executive Officer
|
Grant | 100.1K | - |
| Dec 31, 2025 | Marissa B Espineli
Chief Financial Officer
|
Grant | 13.1K | - |
| Dec 31, 2025 | Ashok Kumar Mishra
Chief Operating Officer
|
Grant | 43.2K | - |
| Dec 31, 2025 | Rahul Singhal
President
|
Grant | 43.2K | - |
| Dec 4, 2025 | Ashok Kumar Mishra
Chief Operating Officer
|
Sell | 23.7K | $1.4M |
| Dec 4, 2025 | Ashok Kumar Mishra
Chief Operating Officer
|
Option | 23.7K | $118.0K |
| Nov 12, 2025 | Ashok Kumar Mishra
Chief Operating Officer
|
Sell | 228.1K | $14.0M |
| Nov 12, 2025 | Louise C Forlenza
Director
|
Sell | 8.3K | $538.1K |
| Nov 12, 2025 | Ashok Kumar Mishra
Chief Operating Officer
|
Option | 228.1K | $1.1M |
| Nov 11, 2025 | Daniel Callahan
Director
|
Grant | 1.7K | - |
| Nov 11, 2025 | Richard D Clarke
Director
|
Grant | 1.7K | - |
| Jun 5, 2025 | Louise C Forlenza
Director
|
Grant | 3.9K | - |
| Jun 5, 2025 | Stewart R Massey
Director
|
Grant | 3.9K | - |
| Jun 5, 2025 | Nauman Sabeeh Toor
Director
|
Grant | 3.9K | - |
Source: TwelveData, from SEC Form 4 filings
Questions people ask
Answered from the figures on this page, as of October 16, 2026.