Innodata Inc. (INOD) Fair Value 2026

INOD · Information Technology Services ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

9.3 /10

32 fundamental signals · 7 models active

Value Trap Risk

SAFE (6/100)

Quick Summary — As of 2026-10-07, Innodata Inc. (INOD) trades at $66.24, versus a $17.07 median fair value across its 7 active models — 74.2% below the current price. QOC: 9.3/10. Value Trap Risk: 6/100 (SAFE). 7/13 models active. Within that set, the Bayesian DCF component alone returns $9.97.

Key Facts

Ticker
INOD
Price
$66.24
Quality Score
9.3/10
Value Trap Risk
6/100
Models Active
7/13
Last Updated
Strength: Quality Score of 9.3/10 indicates strong fundamentals
Risk: Majority of models suggest overvaluation

Is Innodata Inc. (INOD) Undervalued or Overvalued in 2026?

According to CirclFi’s 7-model valuation engine, Innodata Inc. (INOD) appears overvalued as of : the median of 7 independent fair value estimates is $17.07, 74.2% below the current price of $66.24. Estimates range from $9.97 to $45.48. INOD scores 9.3/10 on fundamental quality and 6/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -20.1% versus its own 13-model consensus, across 3,777 rated companies as of 2026-10-07. INOD’s -74.2% gap is wider than that market norm, and the Information Technology Services sector median is +5.3%. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy Innodata Inc. Stock in 2026? →

What Fair Value Does Each Model Give INOD?

7 Intrinsic Value Models vs. Current Price ($66.24)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $9.97 -84.9%
Ensemble · Low Conviction
 $15.39 -76.8%
Scenario · High Conviction
 $20.03 -69.8%
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What Is INOD's Fair Value Range?

Spread across 7 independent models · $9.97 to $45.48

CirclFi's 7 active models place Innodata Inc. (INOD) between $9.97 and $45.48 per share, a spread of 208% of the median. The median of that range — $17.07 — is the fair value CirclFi publishes for INOD, against a current price of $66.24.

Low · Bayesian DCFHigh · Regime Cross
$9.97median $17.07$45.48
Where the range comes from
Most bearish modelBayesian DCF$9.97
Most bullish modelRegime Cross-Sectional$45.48
Model agreement0 bullish · 7 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for INOD. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on INOD, not a CirclFi price target. How each model works →

What Is Innodata Inc. (INOD) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, Innodata Inc.'s intrinsic value is estimated at $17.07. Trading at its current price of $66.24, the valuation engine raises significant caution: 7 of 7 models flag downside risk, projecting a median implied return of -74.2%. Notably, Regime Cross sees the most upside at -31.3% (fair value: $45.48), while Bayesian DCF is the most conservative at -84.9% ($9.97). The spread between these extremes — +53.6% — reveals how different analytical frameworks can reach starkly different conclusions.

What Do the Models Say About INOD?

7 of 13 models are currently active for INOD. All 7 active models suggest the stock trades above fair value. Taken together, their median fair value for INOD is $17.07 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $9.97 on its own, implying -84.9% downside from the current price. See which stocks rank higher →

How Does INOD Rank in Information Technology Services?

Among 87 Information Technology Services stocks, INOD ranks #1 by Quality of Company score. CirclFi's QOC score of 9.3/10 evaluates 32 fundamental signals. A score of 9.3 places INOD in the top tier.

See all Most Undervalued Information Technology Services Stocks →

The Information Technology Services sector introduces analytical considerations specific to software business businesses. For Innodata Inc., metrics like R&D intensity provide important context that general-purpose valuation models may underweight.

Is INOD a Value Trap?

CirclFi's Value Trap algorithm assigns INOD a score of 6/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

7 of 13 models are active for Innodata Inc.. Moderate coverage provides meaningful perspective. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, Innodata Inc. scores 9.3 out of 10 on our 32-signal quality assessment, a elite rating that ranks among the highest-quality businesses in our coverage universe. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

The gap between the most bullish and bearish model spans +53.6% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every INOD valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across INOD's 7 active models, average confidence is 40%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy Innodata Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Information Technology Services Stocks Should You Also Analyze?

9 related Information Technology Services stocks with 13-model coverage

AIOSAIOS Tech Inc.QOC 2.4ITGartner, Inc.QOC 9.1CLPSCLPS IncorporationQOC 2.5EXLSExlService Holdings, Inc.QOC 9.1HKITBiddance AI Systems, Inc.QOC 2.5JKHYJack Henry & Associates, Inc.QOC 9.0CDWCDW CorporationQOC 8.1CTMCastellum, Inc.QOC 6.4APLDApplied Digital CorporationQOC 5.1

Read investment analysis: AIOS · IT · CLPS · EXLS · HKIT · JKHY · CDW · CTM · APLD

Which Other Stocks Have a Similar Quality Score to INOD?

7 companies across all industries closest to INOD’s Quality of Company score of 9.3/10.

ADPAutomatic Data Processing, Inc.QOC 9.3NVONovo Nordisk A/SQOC 9.3GSLGlobal Ship Lease, Inc.QOC 9.3VEEVVeeva Systems Inc.QOC 9.3AMATApplied Materials, Inc.QOC 9.4FSLRFirst Solar, Inc.QOC 9.3NVDANVIDIA CorporationQOC 10.0

Read investment analysis: ADP · NVO · GSL · VEEV · AMAT · FSLR · NVDA

Where Does INOD Sit in CirclFi's Information Technology Services Rankings?

INOD is ranked against every other Information Technology Services stock CirclFi covers in each of these screens.

See all Information Technology Services stocks ranked →

What Else Do Investors Ask About Innodata Inc.’s Valuation?

What is Innodata Inc.'s intrinsic value in 2026?

CirclFi puts Innodata Inc. (INOD)'s intrinsic value at $17.07 — the median of 7 independent model estimates as of 2026-10-07, ranging from $9.97 to $45.48. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $9.97 on its own. The Quality of Company score is 9.3/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is INOD overvalued or undervalued right now?

At $66.24, 0 of 7 active models suggest INOD may be undervalued, while 7 indicate potential overvaluation. The median of all 7 fair value estimates is $17.07, 74.2% below the current price of $66.24 — a consensus view that INOD is overvalued. The assessment depends on which methodology best fits Innodata Inc.'s business model in Information Technology Services.

What does a Quality of Company score of 9.3 mean for INOD?

Innodata Inc.'s QOC of 9.3/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on INOD?

CirclFi analyzes INOD with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 7 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on INOD?

Of the 7 models currently active on INOD, Regime Cross-Sectional is the most bullish at $45.48 per share, and Bayesian DCF is the most bearish at $9.97. CirclFi's published fair value for INOD is the median of that range, $17.07, not either extreme. The gap between the two ends equals 208% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is INOD a value trap in 2026?

Innodata Inc.'s Value Trap score is 6/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 7-model valuation engine, Innodata Inc. (INOD) has a median fair value of $17.07 — 74.2% below the current price of $66.24 — as of 2026-10-07.” Source: circlfi.com/stock/INOD/ · Methodology
Primary sources for this INOD valuation
  • Financial statements: Innodata Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0000903651) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for INOD as of ; valuations recomputed .

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