Innodata Q4 revenue beats analyst expectations

Overview

• Data engineering firm's Q4 revenue grew 22% yr/yr, beating analyst expectations

• Adjusted EBITDA for Q4 beat analyst expectations, increasing 11% yr/yr

• Company anticipates ~35%+ revenue growth in 2026 with expanding customer diversification

Outlook

• Innodata anticipates ~35%+ revenue growth in 2026

• Company sees expanding customer diversification driving growth

• Company expects demand in AI and robotics to accelerate

Result Drivers

• AI INNOVATIONS - Innodata's innovations in dataset creation and evaluations for AI and robotics contributed to strong Q4 performance

• AI VALUE CHAIN - Co's strategic role in AI value chain, particularly in frontier model training, drove Q4 results

Company press release: ID:nACSsf6ZNa

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the it services & consulting peer group is "buy"

• Wall Street's median 12-month price target for Innodata Inc is $90.00, about 94.8% above its February 25 closing price of $46.19

• The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 72 three months ago

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