Is IDEX stock a good buy?
The financial health and growth prospects of IDEX, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
Will IDEX ever go back up?
On average, analysts forecast that IDEX's EPS will be -$0.17 for 2022, with the lowest EPS forecast at -$0.26, and the highest EPS forecast at -$0.09. On average, analysts forecast that IDEX's EPS will be -$0.07 for 2023, with the lowest EPS forecast at -$0.07, and the highest EPS forecast at -$0.07.
Is IDEX a good investment 2021?
In April 2021, Roth Capital gave IDEX a price target of $7, suggesting there could be a potential upside to the stock.Mar 22, 2022
Should I buy IDEX Zacks?
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%.4 days ago
What is the future of IDEX?
Ideanomics Inc (NASDAQ:IDEX)
The 2 analysts offering 12-month price forecasts for Ideanomics Inc have a median target of 2.00, with a high estimate of 3.00 and a low estimate of 1.00. The median estimate represents a +219.69% increase from the last price of 0.63.
The 2 analysts offering 12-month price forecasts for Ideanomics Inc have a median target of 2.00, with a high estimate of 3.00 and a low estimate of 1.00. The median estimate represents a +219.69% increase from the last price of 0.63.
Is IDEX a good crypto?
WalletInvestor's IDEX crypto price prediction says IDEX is an “awesome” long term investment and will reach $0.28 in a year. IDEX is expected to hit $0.56 in three years' time, according to its IDEX price prediction for 2025, and reach the $0.80 mark in 2027.Apr 21, 2022
Is Ideanomics a buy or sell?
Ideanomics has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Is IDEX profitable?
Quality Earnings: IDEX is currently unprofitable. Growing Profit Margin: IDEX is currently unprofitable.
Is IDEX overvalued?
To conclude, The stock of Ideanomics (NAS:IDEX, 30-year Financials) is believed to be significantly overvalued. The company's financial condition is fair and its profitability is poor. Its growth ranks in the bottom 10% of the companies in Software industry.Jun 4, 2021
Who is Ideanomics?
Ideanomics Inc (NASDAQ:IDEX)
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units.