Reported 1 day ago
Innodata Inc. (NASDAQ: INOD), a provider of AI training data and digital solutions, has shown volatile stock performance with only 4% year-to-date gains. Despite a significant 166% return in the latter half of 2024, analysts remain optimistic, citing a consensus Buy rating and a target price indicating over 60% upside potential. The company's strong Q2 revenue growth of 79% year-over-year, alongside improved adjusted EBITDA and no debt, positions it favorably for future AI-related opportunities, despite recent stock corrections.
Source: YAHOO