---
title: "Innodata (NASDAQ:INOD) Stock Price Expected to Rise, BWS Financial Analyst Says"
description: "BWS Financial has raised its price target for Innodata (NASDAQ:INOD) from $X.XX to $Y.YY, maintaining a \"buy\" rating. This suggests a potential upside of 5.31% from the previous close. Other analysts "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/219250184.md"
published_at: "2024-11-09T21:41:51.000Z"
---

# Innodata (NASDAQ:INOD) Stock Price Expected to Rise, BWS Financial Analyst Says

> BWS Financial has raised its price target for Innodata (NASDAQ:INOD) from $X.XX to $Y.YY, maintaining a "buy" rating. This suggests a potential upside of 5.31% from the previous close. Other analysts have also rated the stock positively, with an average rating of "Moderate Buy" and a price target of $Z.ZZ. Innodata's shares traded at $A.AA, with a market cap of $B.BB billion and a PE ratio of 72.42. Institutional investors hold 30.75% of the stock.

Innodata (NASDAQ:INOD - Get Free Report) had its price target hoisted by research analysts at BWS Financial from $30.00 to $45.00 in a report released on Friday,Benzinga reports. The firm currently has a "buy" rating on the technology company's stock. BWS Financial's price objective would indicate a potential upside of 5.31% from the company's previous close.

-   3 Stocks Under $20 for Buy-and-Hold Investors Seeking Growth

A number of other research analysts have also recently weighed in on INOD. Craig Hallum began coverage on shares of Innodata in a research note on Tuesday, September 17th. They set a "buy" rating and a $23.00 price objective for the company. Maxim Group assumed coverage on Innodata in a report on Monday, July 15th. They issued a "buy" rating and a $30.00 price target for the company. Finally, StockNews.com upgraded Innodata to a "sell" rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $32.67.

**View Our Latest Analysis on INOD**

## Innodata Price Performance

-   3 Promising Small-Cap AI Stocks for the Next Market Rally

Shares of INOD traded up $18.39 on Friday, reaching $42.73. The stock had a trading volume of 9,425,733 shares, compared to its average volume of 657,634. The firm has a 50-day moving average of $17.20 and a 200 day moving average of $15.40. The firm has a market capitalization of $1.24 billion, a PE ratio of 72.42 and a beta of 2.30. Innodata has a twelve month low of $5.46 and a twelve month high of $43.65. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.24.

## Hedge Funds Weigh In On Innodata

Hedge funds and other institutional investors have recently bought and sold shares of the stock. nVerses Capital LLC acquired a new position in shares of Innodata during the second quarter worth $27,000. Elkhorn Partners Limited Partnership acquired a new position in Innodata in the 1st quarter worth $94,000. Price T Rowe Associates Inc. MD boosted its position in Innodata by 6.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 15,348 shares of the technology company's stock valued at $102,000 after buying an additional 982 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Innodata by 11.2% during the first quarter. BNP Paribas Financial Markets now owns 22,208 shares of the technology company's stock valued at $147,000 after acquiring an additional 2,230 shares in the last quarter. Finally, Private Advisor Group LLC increased its position in shares of Innodata by 17.4% during the third quarter. Private Advisor Group LLC now owns 14,907 shares of the technology company's stock worth $250,000 after acquiring an additional 2,207 shares during the last quarter. 30.75% of the stock is owned by institutional investors and hedge funds.

## Innodata Company Profile

(Get Free Report)

-   The 5 best small cap AI companies to buy now

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.

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*This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.*

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## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Can Innodata’s (INOD) Federal AI Ambitions Redefine Its Long-Term Competitive Edge? | Innodata reported record Q3 2025 results with $62.6 million in revenue and launched Innodata Federal, a government-focus | [Link](https://longbridge.com/en/news/265159094.md) |
| Innodata (INOD): Assessing the Valuation After Federal Expansion and Strategic Leadership Moves | Innodata (INOD) launched Innodata Federal to deliver AI solutions to U.S. government agencies, alongside new leadership  | [Link](https://longbridge.com/en/news/266075070.md) |
| Innodata Insider Sold Shares Worth $14,035,376, According to a Recent SEC Filing | 03:25 AM EST, 11/13/2025 (MT Newswires) -- Ashok Mishra, Executive Vice President and Chief Operating Officer, on Novemb | [Link](https://longbridge.com/en/news/265670594.md) |
| Palantir Saddles Up With Innodata For AI Rodeo Analytics | Innodata Inc. shares surged 12.64% after being selected by Palantir Technologies to provide training data and data engin | [Link](https://longbridge.com/en/news/274192439.md) |
| COO Mishra Sells 228,094 ($14M) Of Innodata Inc [INOD] | COO Ashok Mishra of Innodata Inc [INOD] sold 228,094 shares for $14 million, as disclosed in a Form 4 filed with the SEC | [Link](https://longbridge.com/en/news/265627116.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
