What is Maxim Group’s Estimate for Innodata Q2 Earnings?

Innodata Inc. (NASDAQ:INOD) – Equities research analysts at Maxim Group cut their Q2 2027 EPS estimates for Innodata in a report released on Friday, May 8th. Maxim Group analyst A. Klee now anticipates that the technology company will earn $0.32 per share for the quarter, down from their prior estimate of $0.44. The consensus estimate for Innodata’s current full-year earnings is $0.93 per share. Maxim Group also issued estimates for Innodata’s Q3 2027 earnings at $0.34 EPS and Q4 2027 earnings at $0.37 EPS.

INOD has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Innodata in a research report on Friday, April 10th. Wall Street Zen raised shares of Innodata from a “sell” rating to a “hold” rating in a research report on Saturday, March 21st. BWS Financial reissued a “top pick” rating and set a $110.00 price objective on shares of Innodata in a research report on Friday, April 10th. Finally, Wedbush increased their price objective on shares of Innodata from $75.00 to $80.00 and gave the stock an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Innodata currently has an average rating of “Moderate Buy” and a consensus target price of $95.00.

Innodata Price Performance

INOD stock opened at $103.83 on Tuesday. The stock has a market capitalization of $3.39 billion, a PE ratio of 93.54 and a beta of 2.40. The company’s 50-day moving average is $44.62 and its 200-day moving average is $52.62. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.49 and a quick ratio of 2.49. Innodata has a 1 year low of $33.44 and a 1 year high of $114.77.

Innodata (NASDAQ:INOD) last released its quarterly earnings data on Thursday, May 7th. The technology company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.34. The company had revenue of $90.10 million for the quarter, compared to analysts’ expectations of $76.47 million. Innodata had a net margin of 13.86% and a return on equity of 37.49%. The business’s revenue was up 54.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.22 EPS.

Institutional Investors Weigh In On Innodata

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Arizona State Retirement System raised its holdings in shares of Innodata by 2.4% in the 3rd quarter. Arizona State Retirement System now owns 9,386 shares of the technology company’s stock worth $723,000 after acquiring an additional 217 shares during the last quarter. New York State Teachers Retirement System raised its holdings in shares of Innodata by 11.2% in the 3rd quarter. New York State Teachers Retirement System now owns 2,747 shares of the technology company’s stock worth $212,000 after acquiring an additional 277 shares during the last quarter. Prosperity Wealth Management Inc. raised its holdings in shares of Innodata by 4.0% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 10,500 shares of the technology company’s stock worth $809,000 after acquiring an additional 400 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Innodata by 5.7% in the 4th 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 during the last quarter. Finally, Texas Yale Capital Corp. increased its stake in Innodata by 5.5% in the 4th quarter. Texas Yale Capital Corp. now owns 8,440 shares of the technology company’s stock valued at $430,000 after buying an additional 440 shares during the last quarter. Institutional investors and hedge funds own 30.75% of the company’s stock.

Key Stories Impacting Innodata

Here are the key news stories impacting Innodata this week:

• Positive Sentiment: Recent coverage highlighted Innodata’s Q1 results, with revenue jumping 54% year over year to a record $90.1 million and management raising full-year growth guidance again, reinforcing the view that demand from hyperscalers remains strong. Article Title
• Positive Sentiment: Investors also appeared encouraged by the company’s earnings beat, with reports noting profits nearly doubled and the stock reaching an all-time high after the results, suggesting momentum traders may still be supporting the shares. Article Title
• Positive Sentiment: Unusual options activity showed elevated demand for bullish call exposure, which can indicate traders are positioning for continued upside in INOD. Article Title
• Neutral Sentiment: Short-interest data showed no meaningful change in borrowable shares, so this update does not appear to be a major driver of the stock.
• Negative Sentiment: Maxim Group cut its EPS forecasts for Q2, Q3, and Q4 2027, signaling some concern that earnings growth may moderate after the recent surge in performance.
• Negative Sentiment: The stock may also be cooling off after its sharp run-up, as investors digest whether the strong Q1 beat can sustain the current valuation. Article Title

About Innodata

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.