INOD — Innodata Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates INOD Bullish with a Setup Score of 48, net conviction 34, actionability 67. How the Setup Score works →

Total Setup Score48
Directional BiasBullish
Net Conviction34
Actionability67 (in range)

Key signals behind this score

About Innodata Inc

Innodata Inc. operates as a data engineering company in the United States, the United Kingdom, the Netherlands, Canada, Germany, Belgium, 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) training and post-training data, model evaluation, alignment, safety, AI model deployment and integration, and AI-enabled… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$62.04
Market Cap$2.10B
Float33.1M
Shares Outstanding34.4M
P/E (Forward)31.35
P/E (TTM)47.44
Price/Sales (TTM)6.63
vs. Analyst Target+97.9% to analyst PT
Profit Margin14.66%
Operating Margin (TTM)17.21%
Revenue (TTM)$317M
Earnings Growth (YoY)105.00%
Dividend RateNone
Analyst Target Price$122.75 (4 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $58.2M $617,000 $19.8M $3.4M
2021 $69.8M -$1.7M $26.3M $1.2M
2022 $79.0M -$11.9M $27.7M -$6.6M
2023 $86.8M -$908,000 $31.9M $5.0M
2024 $170M $28.7M $66.9M $30.3M
2025 $252M $32.2M $99.8M $48.3M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $62.5M $8.3M
Dec 2025 $72.4M $8.8M
Mar 2026 $90.1M $14.9M
Jun 2026 $92.1M $14.4M

Ownership & Float

Insider Ownership4.9%
Institutional Ownership60.4%
Short Float14.5%
% of All Funds Holding3.24%
Number of Funds Holding285

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$61.43Near-term / short-term trend
Weekly40-Week SMA$62.06Medium-term trend
Weekly80-Week SMA$56.81Cyclical trend (business cycle)
Weekly200-Week SMA$32.33Secular trend (multi-year)
Monthly10-Month SMA$60.81Near-term monthly trend
Monthly20-Month SMA$56.27Medium-term monthly trend
Monthly40-Month SMA$37.09Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$43.00 support 1.86x 4 months ago
$36.70 support 1.35x 12 months ago
$34.00 support 2.21x 19 months ago
$20.50 support 2.71x 22 months ago

Historical Earnings Reactions (103 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.88% 0.00% 37.86% 59.77% -18.82%
1 Day 1.51% -0.35% 39.81% 86.00% -24.89%
1 Week 0.97% -1.98% 41.75% 110.56% -37.94%
2 Weeks 1.74% -1.67% 39.81% 109.20% -47.65%
1 Month 2.09% -1.51% 44.12% 134.12% -51.75%

Next earnings: November 5, 2026 (25 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan2.4%45.5%33
Feb1.2%42.4%33
Mar-1.7%27.3%33
Apr3.0%48.5%33
May10.1%42.4%33
Jun2.0%45.5%33
Jul3.4%51.5%33
Aug5.6%39.4%33
Sep4.5%52.9%34
Oct1.9%48.5%33
Nov10.1%54.5%33
Dec1.4%42.4%33

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.01% 42.0% 1569
Tuesday 0.10% 41.6% 1713
Wednesday 0.31% 41.8% 1712
Thursday 0.15% 43.5% 1679
Friday 0.44% 44.9% 1671

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 60.4%

Insider Transactions — Smart Summary

Total insider ownership: 4.9%

12-Month Insider Activity Summary

Total Filings20
Net Value-$155M
Net Shares Change-30,278
% of Float-0.1%
C-Suite Filings12
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
ABUHOFF JACK CEO -$112M 6 6 sell
MISHRA ASHOK EVP and COO -$24.0M 2 2 sell
FORLENZA LOUISE C -$1.1M 2 2 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-05-13 – 2026-05-26 11 4 -$102M 6 C-suite
2026-06-01 – 2026-06-03 3 3 -$15.4M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-09-15 FORLENZA LOUISE C -$521,200 Transaction at $27.48, now +125.8%
2026-09-04 FORLENZA LOUISE C -$536,260 Transaction at $28.20, now +120.0%
2026-06-03 MISHRA ASHOK EVP and COO -$3.3M Transaction at $78.68, now -21.1%
2026-06-16 ABUHOFF JACK CEO -$31.3M Transaction at $55.59, now +11.6%
2026-06-01 ABUHOFF JACK CEO -$10.4M Transaction at $54.25, now +14.4%
2026-05-21 ABUHOFF JACK CEO -$13.6M Transaction at $50.31, now +23.3%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Innodata Inc (INOD) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for INOD on Trend Edge →