Three names, three completely different stories, one earnings night. Innodata, The Trade Desk, and Rigetti Computing all report second-quarter 2026 results after today's close, and their Stoxcraft scores make it obvious this isn't one homogenous "tech earnings" trade. One name walks in with the best scorecard in the group. Another walks in with a Buy signal despite a brutal chart. The third walks in as the riskiest bet of the night by a wide margin.
Innodata: the AI data engine still humming
Innodata carries the strongest scorecard of the three going into tonight. A Performance Score of 9.2 places it among the top performers in Stoxcraft's coverage, backed by a 51.99% gain over the past three months and a 521.59% return over three years. The Health Score of 6.5 is solid without being spectacular, and the Risk Score sits at the maximum 10, a reminder that a stock up nearly 774% over five years doesn't move gently in either direction. That combination pushes Innodata to a 3.5-star Overall Rating, the strongest of tonight's three names.
The company's three divisions, Digital Data Solutions, Synodex, and Agility, all feed the same underlying thesis: AI labs and enterprises need labeled, curated, and compliant data to train models, and Innodata sells the picks and shovels for that build-out. Analysts are looking for continued strength here, with consensus estimates pointing to revenue growth near 48% year over year for the quarter, according to a Zacks earnings preview. A Piotroski Score of 6.00 and a current ratio of 2.68 suggest the balance sheet can absorb a miss if one comes, but with the stock trading near 50 times earnings and still 44.57% below its 52-week high, the market has already priced in a strong beat.
The Trade Desk: a Buy signal with a rough chart
The Trade Desk is the outlier here, and not in a good way. The stock has fallen 78.38% over the past year and now trades near $18.96, down from a 52-week high of $91.45. The Performance Score has bottomed out at 0. Yet the buy signal still reads Buy, and the analyst price target of $25.53 implies real upside from current levels. The Overall Rating tells the more cautious story: just 1.5 stars, a reminder that Stoxcraft's rating leans on the full picture, not just where analysts think the price target should sit.
That disconnect between price action and fundamentals is the whole story tonight. Programmatic ad spend has held up better than the chart suggests, with the consensus revenue estimate for tonight's print sitting at $751.54 million, according to a Seeking Alpha earnings preview. Operating cash flow of nearly $993 million and a Health Score of 5.6 point to a company that's still generating real cash, even as the market has priced it for a much darker outcome. An RSI of 51.73 shows the stock isn't oversold in a technical sense, it's just been in a sustained downtrend. A beat tonight paired with any stabilizing guidance could trigger a sharp reversal; a miss could open a path toward single digits.
Rigetti: quantum hype meets quantum losses
Rigetti is the highest-risk bet of the three by a wide margin. Revenue of just $7.09 million against a net loss of over $216 million tells you this is still a story stock, not a cash-flow story. The Health Score of 1.6 and a Piotroski Score of 1.00 both sit near the bottom of Stoxcraft's scale, and the buy signal currently reads Strong Sell. Its Overall Rating matches The Trade Desk's at 1.5 stars, for a very different reason: here it's the fundamentals dragging the rating down, not the chart.
What's kept RGTI relevant is the multi-year chart: the stock is up 623.28% over three years, even after a rough stretch that's seen it fall 6.57% over the past month and 8.16% over three months. Rigetti confirmed the report would land after market close today with a 5 p.m. Eastern call, according to its own announcement. A cash flow to debt ratio of -8.17 and a return on equity of -39.58% underline just how far the business still is from profitability. Tonight's print will matter less for the numbers themselves and more for any commentary on cash runway and commercial adoption timelines, the two questions that decide whether this stays a trade or becomes a real business.
How each name has handled surprises before
Track record matters heading into a print like this. Innodata has topped estimates in each of its last four quarters, with an average surprise near 99%, the kind of consistency that explains why the stock trades at such a rich multiple. The Trade Desk has been far choppier: over its last four reports, it beat once, matched once, and missed twice, netting an average negative surprise of roughly 3%. Rigetti's history is the roughest of the group, beating estimates in only 6 of its last 18 reporting periods, exactly the kind of hit-or-miss pattern you'd expect from a pre-profitability quantum computing name still finding its footing.
Same AI wave, three different boats
All three names sit somewhere in the AI trade, but they're riding it in very different ways. Innodata sells the unglamorous infrastructure of AI, the labeled data and evaluation pipelines models need before they ever ship. The Trade Desk sits one step removed, betting that AI-driven ad optimization keeps programmatic spend growing even as the broader ad market wobbles. Rigetti is the moonshot of the group, a pure-play bet that quantum computing becomes commercially relevant before the cash runs out. That's the real reason their scores diverge as much as they do tonight: Performance Score rewards what's already worked, Health Score measures what's actually on the balance sheet, and none of the three are answering the same question with their earnings.
Three earnings reports, three risk profiles, one night. Innodata walks in with the best scorecard and the highest bar to clear. The Trade Desk walks in with the worst chart on the board and a Buy signal betting on a reversal. Rigetti walks in with the weakest fundamentals of the group and the most speculative upside if the story holds. Whichever way tonight breaks, none of these three trade the same way tomorrow morning.
See how all three stack up against the rest of their sectors on the Stoxcraft Screener, and track the rest of this week's reports on the Stoxcraft earnings calendar.
Disclaimer: This article reflects data as of publication and is for informational purposes only. It is not financial advice. Stoxcraft Scores are quantitative indicators, not buy or sell recommendations.
