In partnership with

Your daily edge in private markets

Wondering what’s the latest with crypto treasury companies, Pre-IPO venture secondaries, private credit deals and real estate moves? Join 100,000+ private market investors who get smarter every day with Alternative Investing Report, the industry's leading source for investing in alternative assets.

In your inbox by 9 AM ET, AIR is chock full of the latest insights, analysis and trends that are driving alts. Readers get a weekly investment pick to consider from a notable investor, plus special offers to join top private market platforms and managers.

And the best part? It’s totally free forever.

Subcribe to AIR today

The INOD Report

This newsletter outlines a stock analysis for Innodata Inc. (INOD), a global data engineering and AI solutions company.

Fundamental Analysis

In its recent Q2 2025 earnings report, Innodata delivered a mixed performance. The company reported a significant 79% year-over-year revenue growth, reaching $58.4 million and beating analyst forecasts. However, a review of its balance sheet reveals that while it has a significant cash position of nearly $60 million, its net income is still negative. The company is in a high-growth phase, fueled by the massive demand for data and AI services. Its strategic focus is on preparing and annotating the complex datasets that large AI models require, a key area of growth in the industry.

Technical Analysis

The stock is currently in a downtrend from its 52-week high of $71.00 but has recently found a support level. The stock has been highly volatile, with its price falling significantly in the last month despite strong revenue growth. The recent price action indicates a battle between buyers and sellers, with a potential for a trend reversal if it can break out of its current horizontal trend channel.

Big News

• Explosive Revenue Growth: The company's Q2 earnings report was the most significant news, with its 79% year-over-year revenue growth highlighting its position as a beneficiary of the generative AI boom.

• Strategic Position in AI: Innodata is strategically positioning itself in the "agentic AI" era, where autonomous systems will require vast amounts of simulation and evaluation data.

• Big Tech Partnerships: The company has been winning contracts with multiple "big tech" firms, which are seen as validation of its services and a key to its long-term growth.

• Raising Guidance: The company raised its full-year 2025 organic revenue growth guidance to 45% or more, a significant show of confidence in its business momentum.

Expert Recommendations and Forecast

The consensus among analysts for Innodata is a "Strong Buy." According to multiple brokerage firms, the average price target is approximately $66.75, which represents a significant potential upside from its current price.

Earnings and Outlook

Innodata's next earnings report, for the third quarter, is estimated to be on Thursday, November 6, 2025. This report will be a key event for investors to see if the company can maintain its strong revenue growth trajectory and move closer to profitability.