Innodata Inc. (NASDAQ: INOD) is one of the best-performing mid-cap tech stocks in the last three years. Craig-Hallum’s Chase Knickerbocker reiterated a Buy rating on October 8. Wedbush analyst Daniel Ives raised the price target from $58 to $75 on September 18. Innodata’s AI-first strategy and growth trajectory are gaining confidence.

Wedbush Securities recognizes Innodata Inc. (NASDAQ: INOD) as one of the 30 firms defining the future of AI. The company is seen as a crucial player in the enterprise data engineering and applied AI space. INOD is positioned at the intersection of these growing fields, attracting investor interest in the generative boom.

While Innodata Inc. (NASDAQ: INOD) shows promise as an investment, other AI stocks may offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks that benefit from Trump-era tariffs and onshoring trends can explore additional opportunities.

For more insights on potential stocks that could double in three years or hidden AI stocks to buy now, check out our recommended reports. No disclosures were made in this article.

Read more at Yahoo Finance: Is Innodata the Best Performing Mid Cap Tech Stocks in the Last 3 Years