Fintel reports that on January 5, 2026, BWS Financial upgraded their outlook for Innodata (NasdaqGM:INOD) from Buy to Top Pick.
Analyst Price Forecast Suggests 41.39% Upside
As of December 21, 2025, the average one-year price target for Innodata is $87.72/share. The forecasts range from a low of $55.55 to a high of $115.50. The average price target represents an increase of 41.39% from its latest reported closing price of $62.04 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual non-GAAP EPS is 0.24.
What is the Fund Sentiment?
There are 431 funds or institutions reporting positions in Innodata. This is an increase of 26 owner(s) or 6.42% in the last quarter. Average portfolio weight of all funds dedicated to INOD is 0.09%, an increase of 22.36%. Total shares owned by institutions increased in the last three months by 3.10% to 22,317K shares. 
The put/call ratio of INOD is 0.38, indicating a bullish outlook.
What are Other Shareholders Doing?
ULTY - YieldMax Ultra Option Income Strategy ETF holds 1,915K shares representing 6.01% ownership of the company.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 971K shares representing 3.05% ownership of the company. No change in the last quarter.
D. E. Shaw holds 807K shares representing 2.53% ownership of the company. In its prior filing, the firm reported owning 493K shares , representing an increase of 38.90%. The firm increased its portfolio allocation in INOD by 96.08% over the last quarter.
IWM - iShares Russell 2000 ETF holds 754K shares representing 2.37% ownership of the company. In its prior filing, the firm reported owning 724K shares , representing an increase of 3.99%. The firm increased its portfolio allocation in INOD by 50.03% over the last quarter.
Geode Capital Management holds 750K shares representing 2.36% ownership of the company. In its prior filing, the firm reported owning 700K shares , representing an increase of 6.69%. The firm decreased its portfolio allocation in INOD by 22.04% over the last quarter.
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This story originally appeared on Fintel.
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