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Price
Target price
€5.91

€5.91

10.800%
0.58
10.800%
€10.00
 
24.04.24 / Tradegate WKN: 907651 / Symbol: INOD / Name: Innodata / Stock / Software & IT Services / Micro Cap /
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Innodata Inc. Stock

A very strong showing by Innodata Inc. today, with an increase of €0.58 (10.800%) compared to yesterday's price.
Based on 2 Buy predictions and 1 Sell predictions the sentiment towards Innodata Inc. is rather balanced.
With a target price of 10 € there is a hugely positive potential of 69.2% for Innodata Inc. compared to the current price of 5.91 €.
So far the community has only identified positive things for Innodata Inc. stock. The most positive votes were given for criterium "Worthwhile Investment for the next years".

Pros and Cons of Innodata Inc. in the next few years

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Performance of Innodata Inc. vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Innodata Inc. 10.800% 6.583% 1.026% - -20.135% - -
Pro Dv AG -0.550% -0.568% 6.707% -1.130% -2.235% 35.659% 129.058%
Realtech AG -4.350% -0.862% 24.324% -6.504% 13.861% -29.012% 0.000%
GBS Software AG -2.500% 0.000% -1.840% 49.533% -5.325% -15.232% -

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-06-24

In general, the financials of Innodata (INOD) seem to reflect a company facing challenges, as evidenced by fluctuating revenues and net income over the years. The situation appears to have worsened in the recent 2022 financial year with a notable decline in revenue and a substantial net loss. However, the most recent quarter, ending 2023-03-31, shows some signs of improvement in cash flow and revenue. In the following paragraphs, an in-depth analysis of the pros and cons of Innodata's financials will be provided.

*Pros: *

Cash Position: Although INOD has experienced deterioration in revenue and net income, it still boasts a relatively strong cash position. The company held $10.33 million in cash by the end of Q1 2023, reflecting a $538,000 increase from year-end 2022.

Comments

Innodata Inc. (NASDAQ: INOD) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.
Ratings data for INOD provided by MarketBeat
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Innodata Inc. (NASDAQ: INOD) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.
Ratings data for INOD provided by MarketBeat
Show more