The Innodata stock forecast is supported by a strong pipeline of legal-tech and fintech contracts. This diversification buffers against sector-specific downturns. With average daily volume rising above historical norms, liquidity conditions are favorable for both retail and institutional traders. It's always worth thinking about the different groups who own shares in a company. But to understand Innodata better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for Innodata (of which 1 is concerning!) you should know about. Management anticipates that Innodata’s seven additional major tech customers will be increasingly prominent in its revenue composition in 2025. In Q4 alone, the company strengthened its relationships with key customers, secured new contracts, and expanded ongoing projects. Several pilot programs are currently underway, and some of these hold the potential to generate seven- or even eight-figure deals. Analysts tracking the Innodata stock forecast note a modest rise in trading volume, suggesting renewed interest after the company's strategic expansion into generative AI services. The current target price range hovers between $10 and $12, contingent on Q3 earnings surpassing expectations in digital transformation contracts.