INNODATA INC.
In the published model solve dated 2026-Q2, anchored at $55.25, INNODATA INC. (INOD) is priced for today's economics sustained for ~6.6 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Innodata prepares and labels the data that trains large AI models, a service that has transformed a once-sleepy data-services firm into a fast-growing supplier to the companies building frontier AI. • The growth is real and accelerating: full-year 2025 revenue rose 48% organically to $251.7 million, and Q1 2026 revenue jumped 54% to $90.1 million, prompting management to raise 2026 growth guidance to roughly 40% or higher [Source: Innodata 2025 results and 2026 guidance, 8-K]. • The risk is co
Is INOD overvalued? See what's priced in →
219 institutional managers reported holding INOD in 13F filings for the quarter ended 2026-03-31. Together they hold about 44% of the company; the top 10 hold 25%. 38 opened new positions that quarter. Held by BlackRock, Vanguard Group, Geode Capital, among others. On the short side, 2.6M shares were sold short as of the 2026-06-15 count, about 7% of shares outstanding (1.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
INOD's share count grew 21.7% over the past five years. It pays no dividend.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at INOD over the trailing three years. Absence is a fact about the company, not a signal. 9 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
INOD's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-12 | +27.9% | -48.7% |
| 2023-11-04 | +18.8% | -14.3% |
| 2024-03-05 | +4.7% | -5.6% |
| 2024-05-09 | +55.3% | +44.0% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
INOD's latest 8-K filings: 2026-06-17 (items 2.02, 5.02, 9.01); 2026-06-08 (items 5.07); 2026-05-07 (items 2.02, 9.01); 2026-03-24 (items 1.01, 2.03, 9.01); 2026-03-10 (items 5.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.