What is the IDEX stock price forecast for 2022?
The IDEX stock forecast for 2022, a medium-term outlook, envisages a situation where the price trades between 0.26 and 1.84. There are several support and resistance targets between these two price boundaries.
What are analysts'price targets for IDEX stock?
10 equities research analysts have issued 12 month price targets for IDEX's stock. Their forecasts range from $140.00 to $230.00. On average, they anticipate IDEX's stock price to reach $191.00 in the next year. This suggests that the stock has a possible downside of 12.2%.
Should you buy IDEX stock?
10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for IDEX in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" IDEX stock. View analyst ratings for IDEX or view top-rated stocks.
Is Ideanomics'stock a buy for dividend growth?
Ideanomics does not have a long track record of dividend growth. In the past three months, Ideanomics insiders have bought more of their company's stock than they have sold. Specifically, they have bought $90,455.00 in company stock and sold $0.00 in company stock. Only 3.30% of the stock of Ideanomics is held by insiders.
What will IDEX stock be worth in 5 years?
Although analysts don't provide long-term IDEX stock predictions on 22 March Wallet Investor's algorithm-based service predicted that the share price will trade at $0.79 by this time next year falling to $0.64 in five years.
Is IDEX good stock to Buy?
The consensus among 1 Wall Street analyst covering (NASDAQ: IDEX) stock is to Strong Buy IDEX stock.
Will IDEX ever go back up?
There is a great potential for recovery in the IDEX stock forecast 2025 than it would be for earlier years. At this time, the Fed is expected to have raised rates at least three times, and the impact of this metric on the markets would have reduced.
What is the target price for IDEX stock?
Stock Price Target IDEXHigh$3.00Median$2.00Low$1.00Average$2.00Current Price$0.62
Is IDEX Bullish?
IDEX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator. Ideanomics Inc has a Bullish sentiment reading.
Does IDEX have a future?
Ideanomics Inc (NASDAQ:IDEX) The 1 analysts offering 12-month price forecasts for Ideanomics Inc have a median target of 3.00, with a high estimate of 3.00 and a low estimate of 3.00. The median estimate represents a +321.88% increase from the last price of 0.71.
Is IDEX a Chinese company?
About IDEX IDEX ASA is a Norwegian public company specializing in fingerprint imaging and recognition technology.
Is IDEX a Chinese?
IDEX Stock and the Chinese EV Business But it's important to remember what Ideanomics' Chinese EV business is at the moment. It's a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process. And it's a small spread.
Is IDEX a good long term investment?
IEX is a Zacks Rank #2 (Buy) stock, with a Growth Style Score of B and VGM Score of B. Earnings are expected to grow 22.1% year-over-year for the current fiscal year, with sales growth of 11.1%.
Is IDEX a pump and dump?
Hindenburg views IDEX stock as a pump-and-dump scheme “resulting in major shareholder losses or regulatory intervention.”
Should I buy or sell Ideanomics stock right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ideanomics in the last year. There are currently 1 hold rating and 1 buy r...
What is Ideanomics' stock price forecast for 2022?
2 analysts have issued 12-month target prices for Ideanomics' stock. Their forecasts range from $3.00 to $3.00. On average, they anticipate Ideanom...
How has Ideanomics' stock performed in 2022?
Ideanomics' stock was trading at $1.20 on January 1st, 2022. Since then, IDEX stock has decreased by 41.0% and is now trading at $0.7080. View the...
When is Ideanomics' next earnings date?
Ideanomics is scheduled to release its next quarterly earnings announcement on Monday, June 13th 2022. View our earnings forecast for Ideanomics .
How were Ideanomics' earnings last quarter?
Ideanomics, Inc. (NASDAQ:IDEX) posted its quarterly earnings data on Tuesday, November, 23rd. The company reported ($0.11) earnings per share for t...
Who are Ideanomics' key executives?
Ideanomics' management team includes the following people: Mr. Shane B. McMahon , Founder & Exec. Chairman (Age 52, Pay $36k) Mr. Alfred P. Poor...
Who are some of Ideanomics' key competitors?
Some companies that are related to Ideanomics include Proterra (PTRA) , Lion Electric (LEV) , Faraday Future Intelligent Electric (FFIE) , The...
What other stocks do shareholders of Ideanomics own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Ideanomics investors own include NIO (NIO) , Sorrento The...
What is Ideanomics' stock symbol?
Ideanomics trades on the NASDAQ under the ticker symbol "IDEX."
Should I buy or sell IDEX stock right now?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IDEX in the last twelve months. There are currently 4 hold ratings and 6...
What is IDEX's stock price forecast for 2022?
10 brokerages have issued twelve-month target prices for IDEX's shares. Their forecasts range from $205.00 to $254.00. On average, they expect IDEX...
How has IDEX's stock price performed in 2022?
IDEX's stock was trading at $236.32 at the start of the year. Since then, IEX stock has decreased by 21.6% and is now trading at $185.28. View the...
Are investors shorting IDEX?
IDEX saw a increase in short interest in May. As of May 15th, there was short interest totaling 990,200 shares, an increase of 23.1% from the April...
When is IDEX's next earnings date?
IDEX is scheduled to release its next quarterly earnings announcement on Tuesday, July 26th 2022. View our earnings forecast for IDEX .
How were IDEX's earnings last quarter?
IDEX Co. (NYSE:IEX) issued its quarterly earnings results on Tuesday, April, 26th. The industrial products company reported $1.96 earnings per shar...
How often does IDEX pay dividends? What is the dividend yield for IDEX?
IDEX declared a quarterly dividend on Friday, May 6th. Investors of record on Tuesday, May 17th will be given a dividend of $0.60 per share on Frid...
Is IDEX a good dividend stock?
IDEX(NYSE:IEX) pays an annual dividend of $2.40 per share and currently has a dividend yield of 1.30%. IDEX has been increasing its dividend for 2...
What guidance has IDEX issued on next quarter's earnings?
IDEX updated its FY22 earnings guidance on Tuesday, April, 26th. The company provided earnings per share (EPS) guidance of $7.50-7.63 for the perio...
How much does Idex make?
IDEX has a market capitalization of $17.17 billion and generates $2.35 billion in revenue each year. The industrial products company earns $377.78 million in net income (profit) each year or $5.19 on an earnings per share basis.
What is the dividend payout ratio of IDEX?
IDEX does not yet have a strong track record of dividend growth. The dividend payout ratio of IDEX is 41.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IDEX will have a dividend payout ratio of 31.86% next year.
When is the earnings conference call for Idex?
How can I listen to IDEX's earnings call? IDEX will be holding an earnings conference call on Wednesday, July 28th at 10:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13712090".
How much did Ideanomics stock fall in 2021?
The Ideanomics Inc. stock price fell by -0.77% on the last day (Friday, 9th Jul 2021) from $2.61 to $2.59. During the day the stock fluctuated 3.92% from a day low at $2.55 to a day high of $2.65. The price has fallen in 9 of the last 10 days and is down by -16.45% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -8 million shares and in total, 9 million shares were bought and sold for approximately $23.17 million.
Is Ideanomics stock a buy or sell signal?
Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ideanomics Inc. stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.
IDEX Stock News
The latest IDEX stock news concerns the full-year results for the 2021 fiscal year. The 4th quarter 2021 and full-year financial results will be made public on Tuesday 1 March 2022. The results will be released in the after-hours trading period. The earnings for 2021 will have a definite impact on the IDEX stock forecast 2022 and beyond.
Will Idex Stock Go Up?
Will IDEX stock go up? Technically speaking, the price picture on the daily chart does not support an immediate price move to the upside. The price dipped below the 0.99/1.21 support zone and has not been able to go above it. This means that there is still some room for the price to deteriorate.
IDEX stock forecast 2022
The Ideanomics stock forecast for the short-term indicates that the stock may struggle a bit before recovering above the $2 mark. The IDEX stock forecast for 2022, a medium-term outlook, envisages a situation where the price trades between 0.26 and 1.84. There are several support and resistance targets between these two price boundaries.
IDEX stock forecast 2025
There is a great potential for recovery in the IDEX stock forecast 2025 than it would be for earlier years.
Is IDEX a Good Stock to Buy?
In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.
Summary
The IDEX stock forecast from 2025 onwards looks positive. With lower prices than most EV companies in the market presently, stocks like Ideanomics appear to be an attractive investment for those seeking medium-term and long-term exposure in the EV market for good returns.
Stock Price Forecast
The 15 analysts offering 12-month price forecasts for IDEX Corp have a median target of 233.00, with a high estimate of 275.00 and a low estimate of 220.00. The median estimate represents a +22.63% increase from the last price of 190.00.
Analyst Recommendations
The current consensus among 18 polled investment analysts is to Buy stock in IDEX Corp. This rating has held steady since February, when it was upgraded from a Hold rating. Move your mouse over past months for detail
