Stock Track | Innodata Soars 5.14% Intraday on Strong Earnings and Raised Guidance
Stock Track
May 26
Innodata Inc. (INOD) saw its stock price soar 5.14% during intraday trading on Tuesday, continuing its recent positive momentum.
The data-engineering company recently reported strong first-quarter results with revenue up 54% year over year and lifted its full-year 2026 growth target above 40%. The stock had previously gapped 86% higher following the earnings release and has continued to extend gains through the month.
Analysts have responded positively to the company's performance, with Wedbush raising its price target to $100 from $80, providing further endorsement of the company's growth trajectory.
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