Innodata Inc. (INOD) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$45.64
Price Target
$56.50
Target Range
$23.00 — $90.00
Analyst Rating
Buy
Forward P/E55.8x
Trailing P/E49.6x
Forward PEG0.52
Implied Growth-9.8%
Median Target$56.50
Analyst Spread118.6%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$23
-49.6%
Consensus
$57
+23.8%
Bull Case
$90
+97.2%
INOD Price Target Analysis
Updated May 8, 2026As of May 8, 2026, Innodata Inc. (INOD) has a Wall Street consensus price target of $56.50, based on estimates from 6 covering analysts. With the stock currently trading at $45.64, this represents a potential upside of +23.8%. The company has a market capitalization of $1.49B.
Analyst price targets range from a low of $23.00 to a high of $90.00, representing a 119% spread in expectations. The median target of $56.50 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 4 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, INOD trades at a trailing P/E of 49.6x and forward P/E of 55.8x. The forward PEG ratio of 0.52 suggests the stock may be undervalued relative to its growth. Analysts expect EPS to grow -9.8% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+36.4%
Avg Forward P/E23.3x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 IPWRIdeal Power Inc. | $38M | $4.61 | — | — | — | — | — |
 CEVACEVA, Inc. | $810M | $33.72 | $29.33 | -13.0% | Buy | 67.3x | 23 |
 ITRNIturan Location and Control Ltd. | $1.4B | $58.95 | $56.00 | -5.0% | Hold | 17.8x | 5 |
 SPOKSpok Holdings, Inc. | $225M | $10.83 | $15.00 | +38.5% | Hold | 16.4x | 1 |
 DFINDonnelley Financial Solutions, Inc. | $1.1B | $44.24 | $66.00 | +49.2% | Buy | 9.4x | 10 |
 EXLSExlService Holdings, Inc. | $4.9B | $31.34 | $40.25 | +28.4% | Buy | 14.1x | 19 |
 TASKTaskUs, Inc. | $573M | $6.37 | $13.50 | +111.9% | Buy | 4.6x | 11 |
 EPAMEPAM Systems, Inc. | $5.5B | $104.38 | $197.00 | +88.7% | Buy | 8.2x | 37 |
 CGNTCognyte Software Ltd. | $793M | $11.00 | $10.75 | -2.3% | Hold | 46.9x | 5 |
 MSFTMicrosoft Corporation | $3.1T | $420.92 | $551.75 | +31.1% | Buy | 25.3x | 81 |
Upside Potential Comparison
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Start ComparisonINOD — Frequently Asked Questions
Quick answers to the most common questions about buying INOD stock.
What is the INOD stock price target for 2026?
The consensus Wall Street price target for INOD is $56.5, representing 23.8% upside from the current price of $45.64. With 6 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is INOD a buy, sell, or hold?
INOD has a consensus rating of "Buy" based on 6 Wall Street analysts. The rating breakdown is predominantly bullish, with 4 Buy/Strong Buy ratings. The consensus 12-month price target of $56.5 implies 23.8% upside from current levels.
Is INOD stock overvalued or undervalued?
At a forward P/E of 55.7674x, INOD trades at a premium valuation. The consensus price target of $56.5 (23.8% upside) suggests analysts still see growth justifying the multiple.
How high can INOD stock go?
The most bullish Wall Street analyst has a price target of $90 for INOD, while the most conservative target is $23. The consensus of $56.5 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover INOD stock?
INOD is moderately covered, with 6 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 3 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the INOD stock forecast?
The 12-month INOD stock forecast based on 6 Wall Street analysts shows a consensus price target of $56.5, with estimates ranging from $23 (bear case) to $90 (bull case). The median consensus rating is "Buy".
What is INOD's forward P/E ratio?
INOD trades at a forward P/E ratio of 55.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 49.6x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy INOD stock?
Wall Street analysts are very optimistic on INOD, with a "Buy" consensus rating and $56.5 price target (23.8% upside). 4 of 6 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do INOD price targets vary so much?
INOD analyst price targets range from $23 to $90, a 119% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $56.5 consensus represents the middle ground.