INOD
Strong BuyPremium GrowerAI neutralInnodata Inc. · Technology · United States · $2.5B cap · $83.0M/day traded
$59.91 -3.4% · close 12 Oct · scored 14 Oct
StockRank down 3.0 since 13 Oct: Momentum down 3.
Premium Grower: Strong business with the market behind it, priced at a premium.
Read our full research report on INOD (May 2026), freeReport expected 5 Nov: the next-year EPS estimate has risen 4.4% over the last 13 weeks.
As of 14 Oct 2026, MoatMap's StockRank for Innodata Inc. (INOD) is 81/100, ranked against 24,000+ stocks in 35 markets (Quality 86, Value 37, Momentum 54, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Innodata provides data engineering, annotation and evaluation services for large AI model builders. It reported record Q2 2026 revenue and added former NSA director Admiral Michael Rogers to its board, a sign of its push into government and defence work. Profitability is high. However, revenue is heavily concentrated in a few big-tech customers, reportedly led by Meta, and the work is labour-intensive and exposed to model builders moving data work in-house or automating it. Insiders have also sold modestly.
The ranks quoted here are from the day it was written; today's Quality, Value and Momentum are the bars above.
ABOUT INNODATA INC.
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Innodata Inc. is a global data engineering and information technology services company that specializes in data annotation, transformation, and artificial intelligence (AI) model training. The company's competitive moat is established by its proprietary AI-enabled data platforms and a highly skilled global workforce capable of generating high-quality training data for large language models (LLMs). As a critical partner to major technology companies and enterprises, Innodata is uniquely positioned to capitalize on the secular growth of generative AI and machine learning applications.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 79.0M | 86.8M | 170.5M | 251.7M | 47.1% | 317.2M | 359.6M | 460.0M | 35.2% |
| EPS | -0.44 | -0.03 | 0.98 | 1.01 | 3.1% | 1.29 | 1.81 | — | 78.8% |
| Shares | 27.4M | 28.8M | 31.3M | 32.3M | +18.0% | 34.4M | — | — | — |
| Debt | 4.7M | 5.5M | 4.7M | 4.4M | -2.2% | 3.8M | — | — | — |
| Equity | 18.8M | 25.7M | 63.5M | 107.1M | 78.7% | — | — | — | — |
| Op CF | -1.2M | 5.9M | 34.9M | 46.8M | 181.4% | 196.2M | — | — | — |
| Inv CF | -7.0M | -5.1M | -7.7M | -11.1M | — | — | — | — | — |
| Fin CF | -0.3M | 2.9M | 6.2M | -0.4M | — | — | — | — | — |
No clear trend: not near its 52-week low, and not in a steady uptrend.
Swung more than 98% of stocks we rank over the past year (119% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of INOD are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| INOD | Innodata Inc.(you) | $2.5B | 81 | Strong Buy |
| PENG | Penguin Solutions, Inc. | $2.8B | 86 | Strong Buy |
| DXC | DXC Technology Company | $1.7B | 88 | Strong Buy |
| EPAM | EPAM Systems, Inc. | $5.7B | 82 | Strong Buy |
| EFOR | Everforth, Inc. | $1.4B | 73 | Buy |
| INGM | Ingram Micro Holding Corporation | $6.3B | 83 | Strong Buy |
| EXLS | ExlService Holdings, Inc. | $5.3B | 87 | Strong Buy |
| SAIC | Science Applications International Corporation | $5.6B | 92 | Strong Buy |
| KD | Kyndryl Holdings, Inc. | $2.6B | 49 | Hold |
| CNXC | Concentrix Corporation | $1.8B | 51 | Hold |
Peer medians: ROE 7.5% · P/E 35.6x · Gross margin 53.1%
Company Deep Dive
Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.