Analyst Pegs Innodata's Meta Revenue at $146M, Stock Surges 15%
INOD sits 100% above its 52-week low of $34.23.
Summary
Hunterbrook estimates Innodata could earn about $146M from Meta via personalization work tied to Meta's Muse, roughly 58% of projected 2025 sales. The stock jumped ~15% intraday to near $70 and gained further after-hours, with extreme bullish chatter on Stocktwits. Neither Innodata nor Meta has commented. This follows Innodata's blowout Q2 (revenue $92.1M, up 58% YoY) and a $300M ATM equity program launched in August. The estimate, if accurate, would represent a major revenue stream, but it remains unconfirmed by either company.
At the time of this announcement, INOD was trading at $68.32 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.4B. The 52-week trading range was $34.23 to $125.14. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.