Innodata stock price target raised to $110 from $74 at BWS Financial

Investing.com - BWS Financial raised its price target on Innodata Inc (NASDAQ:INOD) to $110.00 from $74.00 while maintaining a Buy rating following the company’s AI Summit. The stock has shown remarkable momentum, delivering a 492% return over the past year and currently trading near its 52-week high of $93.85. According to InvestingPro analysis, the stock appears to be trading above its Fair Value, with multiple valuation metrics suggesting premium pricing.

The firm noted that enterprise adoption of AI remains in early stages, with data quality being the primary obstacle for AI agent development. BWS Financial believes Innodata is positioned to benefit from increasing enterprise spending as it expands its customer base beyond technology companies. The company’s strong financial health is evident in its impressive 112.5% revenue growth and robust liquidity position, with InvestingPro data showing a healthy current ratio of 2.87 and minimal debt exposure.

Innodata has recently hired additional talent specifically to address enterprise and government markets, according to the research note. The company has only recently begun focusing on large enterprises, with BWS Financial observing evidence of traction in this segment.

The analyst cited attendance at Innodata’s AI summit as an indicator of potential increased business from enterprise customers. This anticipated growth in the enterprise segment factored into the firm’s decision to raise its price target.

BWS Financial’s new $110 price target represents a significant increase from its previous $74 target, with the firm also raising its 2026 estimates for the company.

In other recent news, Innodata Inc. reported its Q2 2025 earnings, showing a notable performance in terms of earnings per share (EPS). The company’s EPS was $0.20, exceeding analysts’ expectations of $0.18, which represents an 11.11% surprise. However, revenue figures did not meet forecasts, coming in at $58.1 million compared to the anticipated $59.42 million, marking a 2.22% shortfall. Despite the revenue miss, the earnings report highlights a positive EPS outcome. Analysts from various firms have taken note of these developments, with some adjusting their projections accordingly. These recent developments provide investors with insights into Innodata’s financial performance.

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