Innodata: Progress Is Real, Upside Priced In
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Kurt Christensen814 FollowersFollow5ShareSavePlay(15min)CommentsSummaryInnodata Inc. remains a hold as valuation is rich despite easing concerns on scalability, customer concentration, and revenue growth.INOD's revenue is projected at $247M for 2025 and potentially $350M for 2026, driven by new contracts and diversification beyond its anchor customer.Margins remain constrained by the operating model.Strong growth potential is offset by high valuation; volatility and AI momentum may offer tactical trading opportunities on price dips. asbe/iStock via Getty Images Innodata Inc. (INOD) has been on a ride over the last 6 months. This is when I first started covering the stock, and consequently my calls to hold the stock have been up and down. I first rated the stock a holdThis article was written byKurt Christensen814 FollowersFollowI am a graduate in finance. Currently working in international tax. A personal investor.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.