INOD · NASDAQ · STOCK
Innodata (INOD) Stock Analysis
$62.09
52W $34.23 – $125.14
61/100
$2.03B
43.4
2.98
⚠
Buy rating, but near-term risk/reward is unfavorable
The long-term recommendation is based on the composite investment score. The near-term risk/reward is based on nearby support and resistance levels. These can differ when a strong company trades close to resistance with support further below.
Is INOD Bullish or Bearish?
Bullish.
Innellis AI committee rates Innodata Inc. (INOD) Buy with a composite score of 61/100
, based on 6 analysts with 50% agreement.
Last updated October 10, 2026.
What Would Change This View
- Upgrade to Strong Buy
- Requires a committee score of 75.0 — +13.55 from today. Applies on the first day at or above the line; upgrades are never dampened.
- Downgrade to Watch
- Requires the score to fall below 55.0 — -6.45 from today. The band boundary is 60.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.
Executive Summary
The committee is genuinely divided. News Analyst sees a compelling case — news sentiment is positive (+0.50 across 14 articles, 14d). Portfolio Manager remains cautious — sector concentration is already high (hhi 2796.97). This disagreement is itself the signal — the setup is not clean in either direction.
Bull & Bear Case
Bull Case
- ROE of 37.8% shows genuine earnings power backing the valuation — Value
- Revenue growing 39.0% YoY -- genuine top-line momentum — Growth
- 4 consecutive earnings beats -- consistent execution — Growth
- Price structure making higher highs and higher lows — Technical
- Weekly trend (uptrend) confirms the daily trend -- multi-timeframe agreement — Technical
- Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock — Risk
Bear Case
- P/E of 44.7 is expensive by classic value standards — Value
- Price-to-book of 15.2x prices in significant intangible value — Value
- Growth rate is decelerating quarter over quarter -- the trend line matters more than the level — Growth
- MACD histogram negative -- bearish momentum — Technical
- Price structure (LH_LL) contradicts the uptrend -- mixed signals — Technical
- Bollinger bandwidth of 37.2% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or
forward-looking judgement. They summarise what the numbers say today.
Price History (6M)
AI Investment Committee
Committee Consensus
As of October 10, 2026
Overall Committee Score
61/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 26%
of 287 Technology peers
Value Analyst
neutral
49
/ 100 · High confidence
Fair value -- neither a bargain nor obviously overpriced
+ ROE of 37.8% shows genuine earnings power backing the valuation
− P/E of 44.7 is expensive by classic value standards
Growth Analyst
bullish
67
/ 100 · High confidence
Strong, accelerating growth with consistent execution
+ Revenue growing 39.0% YoY -- genuine top-line momentum
− Growth rate is decelerating quarter over quarter -- the trend line matters more than the level
Technical Analyst
neutral
57
/ 100 · High confidence
Mixed or range-bound price action
+ Price structure making higher highs and higher lows
− MACD histogram negative -- bearish momentum
Risk Analyst
neutral
58
/ 100 · Moderate confidence
Moderate risk -- no single red flag, but nothing that clearly de-risks the position either
+ Low leverage (debt-to-equity 0.00) -- balance sheet can absorb a shock
− Bollinger bandwidth of 37.2% signals elevated volatility
Macro Analyst
bullish
65
/ 100 · Low confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
News Analyst
bullish
74
/ 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.50 across 14 articles, 14d)
Portfolio Manager
bearish
30
/ 100 · Moderate confidence
The existing book itself argues for caution here, independent of how good this specific stock looks
− Sector concentration is already high (HHI 2796.97)
Investment Thesis Evolution
Committee score moved marginally from 61.5 to 61.5.
- New bearish signals: 2 appeared.
- Bearish pressure eased: 2 signal(s) disappeared.
Analyst-level changes:
- Risk Analyst: +1 bearish signal(s).
- Value Analyst: +1 bearish signal(s).
Comparing 2026-10-09 to 2026-10-10 (1 day apart).
Technical Analysis
RSI (14)
40.6
Neutral
MACD Histogram
-0.622
Bearish Momentum
Trend Direction
Uptrend
Weekly: Uptrend
Market Structure
Lh Ll
Support
$54.46
Resistance
$66.71
Bollinger %B
0.41
Inside Bands
Price vs Moving Averages
EMA 9
$64.72
Below
EMA 21
$63.99
Below
EMA 50
$63.72
Below
EMA 200
$62.91
Below
Fundamental Analysis
Valuation
0
Growth
62
Profitability
82
Financial Health
89
Cash Flow
70
Valuation
P/E Ratio
43.4×
P/B Ratio
13.02×
PEG Ratio
61.61
Dividend Yield
0.00%
52W High
$125.14
52W Low
$34.23
Quality & Growth
ROE
3005.8%
ROA
1908.8%
Gross Margin
4262.8%
Operating Margin
1696.6%
Revenue Growth YoY
—
Debt / Equity
0.09
AI Fundamental Assessment
P/E ratio of 43.4 (rich relative to a 15-40x range); Price-to-book of 13.0x; PEG ratio of 61.6 (under 1.0 suggests growth is undervalued relative to price); Return on equity of 30.1%; Return on assets of 19.1%; Net margin of 14.7%; Gross margin of 42.6%; Current ratio of 1.73 (healthy short-term liquidity); Debt-to-equity of 0.09; Free cash flow per share is positive (6.53); Most recent quarter beat estimates by 89.6%; 4 consecutive earnings beats; EPS growth decelerating (+68.0% -> -2.4% QoQ); Analyst estimates flat over recent quarters
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