IDEANOMICS INC (IDEX) Forecast, Price Target & Analyst Ratings

NASDAQ:IDEXUS45166V2051

Current stock price

0.88 USD
-0.04 (-4.36%)
At close:
0.634 USD
-0.25 (-27.95%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for IDEANOMICS INC (IDEX).

Forecast Snapshot

Consensus Price Target

Price Target
$1.02
+ 15.91% Upside

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 2, 2024

ChartMill Buy Consensus

Rating
43.33%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$1.02
Upside
+ 15.91%
From current price of $0.88 to mean target of $1.02, Based on 6 analyst forecasts
Low
$1.01
Median
$1.02
High
$1.05

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for IDEX. The average price target is 1.02 USD. This implies a price increase of 15.91% is expected in the next year compared to the current price of 0.88.

Analyst Ratings & History

Current Analyst Ratings

IDEX Current Analyst RatingIDEX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

IDEX Historical Analyst RatingsIDEX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
43.33%
IDEX was analyzed by 6 analysts. The buy percentage consensus is at 43. So analysts seem to be rather negative about IDEX.
In the previous month the buy percentage consensus was at a similar level.
IDEX was analyzed by 6 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-02-11Cantor FitzgeraldInitiate Overweight
2021-04-14Roth CapitalInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 2, 2024

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

Full Analyst Estimates 2024

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024
Revenue
YoY % growth
IDEX revenue by date.IDEX revenue by date.
114.1M
325.75%
100.9M
-11.57%
15.459M
-84.68%
705.13M
4,461.29%
EBITDA
YoY % growth
IDEX ebitda by date.IDEX ebitda by date.
-77.58M
-74.38%
-152.91M
-97.10%
-83.992M
45.07%
50.286M
159.87%
EBIT
YoY % growth
IDEX ebit by date.IDEX ebit by date.
-83.7M
-68.07%
-161.1M
-92.47%
-101.737M
36.85%
-37.842M
62.80%
Operating Margin
IDEX operating margin by date.IDEX operating margin by date.
-73.36%-159.66%-658.11%-5.37%
EPS
YoY % growth
IDEX eps by date.IDEX eps by date.
-25.13
-8,565.52%
-65.00
-158.65%
N/A
99.62%
-0.10
58.33%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

IDEX Yearly Revenue VS EstimatesIDEX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M
IDEX Yearly EPS VS EstimatesIDEX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2020 2021 2022 2023 2024 -20 -40 -60

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A

IDEANOMICS INC / IDEX Forecast FAQ

What is the price target for IDEX stock?

6 analysts have analysed IDEX and the average price target is 1.02 USD. This implies a price increase of 15.91% is expected in the next year compared to the current price of 0.88.

What is the next earnings date for IDEX stock?

IDEANOMICS INC (IDEX) will report earnings on 2024-08-02.