Innodata (INOD) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.41
- Estimate
- $0.26
- Surprise
- +57.3%
- Revenue (period 2026-06-30)
- $92.1M
- Score at report (before → after)
- 6.7 → 6.7/10
Revenue source: xbrl.
How the report landed
Innodata (INOD) beat the $0.26 estimate with adjusted EPS of $0.41 — a large 57.3% upside surprise. TrendMatrix's engine moved from Sell (6.7/10) to Buy (Wait) at 6.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates INOD Buy (Wait) at 7.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +57.3% surprise compares with a +57.6% four-quarter average. Next scheduled report: 2026-11-05.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.1 in RISK_OFF)
- Strong earnings beat streak (3/4)
What argues against it
- Concentration risk — Customer: top customer (DDS segment) (58.0%)
- Sector modifier (Technology): -0.8
- Elevated risk factors
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $71.87
- Entry target
- $54.99
- Price target
- $104.34
- Stop
- $47.52
- Upside to target
- +45.2%
- Reward-to-risk
- 3.0:1
The stock trades at 54.1× trailing but 34.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 84 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
INOD at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Information Technology Services
- Market cap
- $2.48B
- P/E (fwd)
- 34.5
- P/E (ttm)
- 54.1
- 52-week range
- $34.23–$125.14
- Off 52-week high
- 42.6%
- RSI (14)
- 84
- Volume vs avg
- 1.30×
- Score today
- 7.1/10