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Price
Target price
€42.54

€42.54

-5.190%
-2.34
-5.190%
€51.72
 
22:26 / Tradegate WKN: 907651 / Symbol: INOD / Name: Innodata / Stock / Software & IT Services / Micro Cap /
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Your prediction

Innodata Inc. Stock

Innodata Inc. took a tumble today and lost -€2.340 (-5.190%).
We see a rather positive sentiment for Innodata Inc. with 10 Buy predictions and 2 Sell predictions.
With a target price of 51 € there is a slightly positive potential of 19.89% for Innodata Inc. compared to the current price of 42.54 €.
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. -5.190% 6.421% 19.070% 192.917% 6.522% - -
MAX21 AG - -1.093% -4.737% -20.614% 16.774% -20.614% -16.590%
MEDIQON Group AG -1.080% 6.207% 5.721% 84.800% 83.333% 323.853% -
B+S Banksysteme AG -3.450% -0.571% -2.793% 2.353% -12.563% -25.322% -11.675%

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

Prediction Buy
Perf. (%) 10.09%
Target price 64.173
Change
Ends at 16.06.26

Innodata Inc. (NASDAQ: INOD) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $74.00 price target on the stock.
Ratings data for INOD provided by MarketBeat
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Prediction Buy
Perf. (%) 38.66%
Target price 51.719
Change
Ends at 09.05.26

Innodata Inc. (NASDAQ: INOD) had its price target lowered by analysts at Wedbush from $75.00 to $58.00. They now have an "outperform" rating on the stock.
Ratings data for INOD provided by MarketBeat
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Prediction Buy
Perf. (%) -27.71%
Target price 71.700
Change
Ends at 21.02.26

Innodata Inc. (NASDAQ: INOD) had its price target raised by analysts at Maxim Group from $54.00 to $75.00. They now have a "buy" rating on the stock.
Ratings data for INOD provided by MarketBeat
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News

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