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INODYahoo Finance ↗InnodataAI Data Services
~$44PE: 34xMCap: $1.4B-53% from ATH
Market data via Yahoo Finance as of Feb 12, 2026· Analysis as of Feb 11, 2026
26
COMPOSITE
+59%
BULL UPSIDE
60
ENTRY QUALITY
45%
CONFIDENCE
ℹ️ How are these calculated?
COMPOSITE = Σ(event relevance × event probability) × entry quality / 100. Combines how much this stock benefits from macro events with how good the entry point is right now. For INOD: (50 × 85% + 0 × 60% + 0 × 35% + 0 × 55% + -10 × 0% + 0 × 0% + 0 × 0%) × 60/100 = 26. Higher is better. Range: typically 0–100.
BULL UPSIDE = (bull price target − current price) / current price. For INOD: ($70 − $44) / $44 = +59%. This is the maximum upside if the most optimistic analyst thesis plays out.
ENTRY QUALITY (0–100) = how attractive the current price is as a buy point. Based on: % below all-time high (-53%), upside to bull PT (+59%), forward PE (34x vs sector), and analyst conviction. Score: 60. Good entry — reasonable discount with solid upside.
CONFIDENCE = our overall conviction in the thesis (0–100%). Factors: strength of catalysts, analyst coverage quality, thesis durability, risk/reward skew.Lower conviction — speculative or thesis depends on uncertain catalysts.
$26~$44$94$70
52W LowATHBull PT

🎯 Investment Thesis

Micro-cap data engineering play supporting 5 of 7 Magnificent Seven companies. New Palantir partnership for AI training data and computer vision adds a significant enterprise customer. Pivoting into agentic AI 'judge' systems for recurring revenue. BWS Financial upgraded to Top Pick ($110), Wedbush maintains Outperform ($90). At 52% below ATH ($94) after a 32% pullback — the entry quality has improved significantly vs Feb 5.

⚠️ Key Risk

Micro-cap ($1.4B) with low liquidity and high volatility — 32% drawdown in one week (Feb 6). Data labeling is becoming increasingly automated — Scale AI and others building competing AI-powered labeling. Trailing PE of 47x is stretched for a small-cap. Customer concentration risk. Revenue could be lumpy as AI training projects are project-based.

By The Numbers

Price
$44
ATH
$94
52W Low
$26
Fwd PE
34x
Market Cap
$1.4B
Revenue
$210M
Rev Growth
+58% YoY
Gross Margin
45.2%
Op Margin
18.1%
FCF
$38M
Cash
$45M
Debt
$15M

Event Impact

Price Targets

Current
$44
Bear PT
$20
Consensus
$94
Bull PT
$70

Upcoming Catalysts

HIGHQ1 2026Q4 earnings — Palantir deal revenue + agentic AI traction
MEDIUM2026New enterprise AI data services contracts

Competitive Landscape

Scale AI

Larger, VC-backed, more automation

ASX:APXAppen

Declining competitor losing share to Innodata

Company Background

Founded 1988 as a document digitization company. Reinvented as AI data engineering firm in 2023-2024 as demand for training data exploded.