BWS Financial Has Bearish Estimate for Innodata Q1 Earnings

Innodata Inc. (NASDAQ:INOD) – Equities research analysts at BWS Financial dropped their Q1 2026 earnings per share estimates for shares of Innodata in a research report issued on Tuesday, November 11th. BWS Financial analyst H. Khorsand now anticipates that the technology company will post earnings per share of $0.28 for the quarter, down from their prior forecast of $0.29. BWS Financial has a “Buy” rating and a $110.00 price objective on the stock. The consensus estimate for Innodata’s current full-year earnings is $0.81 per share. BWS Financial also issued estimates for Innodata’s Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.36 EPS, Q4 2026 earnings at $0.42 EPS and FY2026 earnings at $1.36 EPS.

Several other research analysts also recently issued reports on the stock. Weiss Ratings upgraded shares of Innodata from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Zacks Research raised Innodata from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Finally, Wedbush lifted their price objective on Innodata from $75.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat.com, Innodata currently has a consensus rating of “Buy” and an average target price of $80.00.

Innodata Stock Performance

Shares of Innodata stock traded down $4.97 during midday trading on Thursday, hitting $56.98. The company had a trading volume of 800,772 shares, compared to its average volume of 2,168,973. Innodata has a 1-year low of $26.41 and a 1-year high of $93.85. The business’s 50 day simple moving average is $71.87 and its two-hundred day simple moving average is $53.18. The stock has a market cap of $1.82 billion, a PE ratio of 45.75 and a beta of 2.90. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.87 and a quick ratio of 2.87.

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

Insider Buying and Selling at Innodata

In related news, Director Louise C. Forlenza sold 8,278 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $65.00, for a total value of $538,070.00. Following the completion of the sale, the director owned 3,943 shares in the company, valued at approximately $256,295. This represents a 67.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Ashok Mishra sold 200,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $61.39, for a total transaction of $12,278,000.00. Following the completion of the sale, the chief operating officer directly owned 60,000 shares of the company’s stock, valued at $3,683,400. The trade was a 76.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 236,372 shares of company stock worth $14,572,507 in the last 90 days. Company insiders own 12.20% of the company’s stock.

Institutional Investors Weigh In On Innodata

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC acquired a new position in Innodata during the 2nd quarter worth approximately $36,000. Global Retirement Partners LLC purchased a new stake in Innodata in the third quarter worth $50,000. Goodman Advisory Group LLC purchased a new stake in shares of Innodata during the 3rd quarter valued at approximately $52,000. Toth Financial Advisory Corp boosted its stake in Innodata by 40.2% in the 2nd quarter. Toth Financial Advisory Corp now owns 1,150 shares of the technology company’s stock worth $59,000 after purchasing an additional 330 shares during the period. Finally, Silver Oak Securities Incorporated bought a new position in Innodata in the 3rd quarter worth about $60,000. 30.75% of the stock is owned by institutional investors.

Innodata Company Profile

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.