IDEXX Laboratories (IDXX) Stock Forecast, Price Target & Predictions


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IDXX Stock Forecast


IDEXX Laboratories stock forecast is as follows: an average price target of $479.75 (represents a -6.35% downside from IDXX’s last price of $512.27) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

IDXX Price Target


The average price target for IDEXX Laboratories (IDXX) is $479.75 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $600.00 to $247.00. This represents a potential -6.35% downside from IDXX's last price of $512.27.

IDXX Analyst Ratings


Buy

According to 7 Wall Street analysts, IDEXX Laboratories's rating consensus is 'Buy'. The analyst rating breakdown for IDXX stock is 0 'Strong Buy' (0.00%), 7 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

IDEXX Laboratories Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 24, 2024Jonathan BlockStifel Nicolaus$510.00$495.732.88%-0.44%
Feb 08, 2023-Barclays$590.00$507.6816.21%15.17%
Feb 07, 2023-J.P. Morgan$550.00$487.0412.93%7.37%
Feb 07, 2023-Atlantic Equities$600.00$485.5323.58%17.13%
Feb 02, 2023-Oppenheimer$247.00$483.20-48.88%-51.78%
Feb 02, 2023-Citigroup$268.00$483.20-44.54%-47.68%
Dec 09, 2022-Citigroup$273.00$420.63-35.10%-46.71%
Nov 15, 2022-Morgan Stanley$543.00$435.7824.60%6.00%
Jun 24, 2022-Stifel Nicolaus$500.00$355.6240.60%-2.40%
May 19, 2022-Goldman Sachs$530.00$357.3348.32%3.46%
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The latest IDEXX Laboratories stock forecast, released on Jun 24, 2024 by Jonathan Block from Stifel Nicolaus, set a price target of $510.00, which represents a 2.88% increase from the stock price at the time of the forecast ($495.73), and a -0.44% decrease from IDXX last price ($512.27).

IDEXX Laboratories Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$510.00$510.00
Last Closing Price$512.27$512.27$512.27
Upside/Downside-100.00%-0.44%-0.44%

In the current month, the average price target of IDEXX Laboratories stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to IDEXX Laboratories's last price of $512.27. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Jul 25, 2024BTIG-BuyInitialise
Feb 08, 2023BarclaysOverweightOverweightHold
Feb 07, 2023Atlantic EquitiesOverweightOverweightHold
Feb 02, 2023OppenheimerOutperformOutperformHold
Feb 02, 2023CitigroupBuyBuyHold
Dec 09, 2022CitigroupBuyBuyHold
Nov 15, 2022Morgan StanleyOverweightOverweightHold
Jul 21, 2022Goldman SachsNeutralBuyUpgrade
May 19, 2022Goldman SachsNeutralNeutralHold
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IDEXX Laboratories's last stock rating was published by BTIG on Jul 25, 2024. The company Initialise its IDXX rating from "null" to "Buy".

IDEXX Laboratories Financial Forecast


IDEXX Laboratories Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$901.60M$915.53M$943.63M$900.20M$828.57M$841.66M-$836.55M$801.09M$810.42M$826.14M$777.71M$720.94M$721.79M$637.59M$626.34M$605.45M$605.30M
Avg Forecast$1.16B$1.17B$1.20B$1.15B$1.06B$1.07B$1.10B$1.05B$968.28M$980.32M$1.01B$964.41M$891.88M$926.88M$934.59M$890.68M$820.91M$830.00M$863.14M$837.10M$781.83M$797.61M$788.86M$738.43M$681.03M$672.48M$593.05M$617.42M$600.63M$597.11M
High Forecast$1.16B$1.17B$1.20B$1.15B$1.06B$1.08B$1.10B$1.06B$972.54M$984.50M$1.01B$968.65M$908.51M$931.69M$938.70M$894.59M$824.51M$833.65M$863.14M$843.80M$788.09M$803.99M$795.17M$744.34M$686.47M$677.86M$597.80M$622.35M$605.43M$601.89M
Low Forecast$1.16B$1.16B$1.19B$1.15B$1.05B$1.07B$1.09B$1.05B$965.12M$975.24M$1.00B$961.26M$884.12M$920.12M$931.54M$887.77M$818.23M$827.29M$863.14M$830.75M$775.90M$791.55M$782.87M$732.82M$675.86M$667.38M$588.55M$612.73M$596.07M$592.58M
# Analysts33334444363457632223456101098765
Surprise %------------1.01%0.99%1.01%1.01%1.01%1.01%-1.00%1.02%1.02%1.05%1.05%1.06%1.07%1.08%1.01%1.01%1.01%

IDEXX Laboratories's average Quarter revenue forecast for Mar 24 based on 4 analysts is $964.41M, with a low forecast of $961.26M, and a high forecast of $968.65M. IDXX's average Quarter revenue forecast represents a 6.97% increase compared to the company's last Quarter revenue of $901.60M (Dec 23).

IDEXX Laboratories EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363457632223456101098765
EBITDA------------$245.30M$275.28M$296.14M$280.40M$226.53M$273.73M-$275.00M$227.06M$252.61M$284.70M$272.70M$209.66M$196.61M$216.84M$167.64M$138.44M$162.33M
Avg Forecast$311.30M$313.85M$321.64M$308.76M$283.76M$287.60M$294.27M$282.13M$260.03M$263.26M$270.34M$331.28M$239.51M$248.91M$250.98M$301.16M$220.45M$255.70M$231.80M$273.78M$203.15M$232.45M$237.96M$170.64M$130.14M$160.87M$126.40M$155.07M$118.66M$148.09M
High Forecast$312.67M$315.23M$323.05M$310.12M$285.01M$288.86M$295.56M$283.37M$261.17M$264.39M$271.52M$397.53M$243.98M$250.21M$252.09M$361.39M$221.42M$306.84M$231.80M$328.54M$243.79M$278.94M$285.55M$204.76M$156.16M$193.04M$151.68M$186.08M$142.40M$177.71M
Low Forecast$310.29M$312.83M$320.59M$307.75M$282.83M$286.66M$293.31M$281.21M$259.18M$261.90M$269.45M$265.02M$237.43M$247.10M$250.16M$240.93M$219.73M$204.56M$231.80M$219.02M$162.52M$185.96M$190.36M$136.51M$104.11M$128.69M$101.12M$124.05M$94.93M$118.47M
Surprise %------------1.02%1.11%1.18%0.93%1.03%1.07%-1.00%1.12%1.09%1.20%1.60%1.61%1.22%1.72%1.08%1.17%1.10%

4 analysts predict IDXX's average Quarter EBITDA for Mar 24 to be $331.28M, with a high of $397.53M and a low of $265.02M. This is 35.05% upper than IDEXX Laboratories's previous annual EBITDA (Dec 23) of $245.30M.

IDEXX Laboratories Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363457632223456101098765
Net Income------------$194.52M$212.23M$224.24M$214.05M$172.21M$180.94M-$193.97M$162.77M$175.24M$202.58M$204.26M$174.79M$146.22M$148.94M$111.83M$90.50M$108.84M
Avg Forecast$278.53M$286.87M$282.29M$291.04M$242.99M$255.62M$264.60M$256.77M$210.52M$223.77M$240.56M$233.66M$177.14M$197.71M$206.35M$212.42M$160.42M$177.38M$131.14M$193.11M$145.64M$161.25M$169.32M$127.81M$108.49M$119.63M$86.82M$103.44M$77.57M$99.29M
High Forecast$280.12M$288.51M$283.90M$292.70M$244.38M$257.08M$266.11M$258.24M$211.73M$225.43M$241.93M$280.39M$182.98M$202.71M$207.53M$254.90M$161.34M$212.85M$131.14M$231.73M$174.76M$193.50M$203.19M$153.37M$130.19M$143.56M$104.18M$124.13M$93.08M$119.15M
Low Forecast$277.35M$285.65M$281.09M$289.80M$241.96M$254.54M$263.48M$255.68M$209.63M$222.10M$239.54M$186.93M$173.79M$190.20M$205.47M$169.93M$159.74M$141.90M$131.14M$154.49M$116.51M$129.00M$135.46M$102.25M$86.80M$95.71M$69.45M$82.75M$62.05M$79.43M
Surprise %------------1.10%1.07%1.09%1.01%1.07%1.02%-1.00%1.12%1.09%1.20%1.60%1.61%1.22%1.72%1.08%1.17%1.10%

IDEXX Laboratories's average Quarter net income forecast for Mar 24 is $233.66M, with a range of $186.93M to $280.39M. IDXX's average Quarter net income forecast represents a 20.12% increase compared to the company's last Quarter net income of $194.52M (Dec 23).

IDEXX Laboratories SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363457632223456101098765
SG&A------------$229.05M$224.73M$230.20M$217.91M$214.98M$213.78M-$210.24M$211.92M$206.53M$192.36M$185.58M$185.63M$213.23M$154.45M$181.96M$180.36M$170.89M
Avg Forecast$301.54M$304.01M$311.56M$299.08M$274.87M$278.58M$285.04M$273.29M$251.88M$255.01M$261.86M$253.27M$232.01M$241.11M$243.12M$230.24M$213.54M$209.06M$224.53M$209.31M$189.62M$190.05M$160.78M$116.12M$115.22M$174.46M$90.03M$168.31M$154.59M$155.90M
High Forecast$302.87M$305.35M$312.92M$300.40M$276.07M$279.81M$286.29M$274.49M$252.99M$256.10M$263.01M$303.92M$236.33M$242.36M$244.18M$276.29M$214.48M$250.87M$224.53M$251.17M$227.54M$228.06M$192.93M$139.35M$138.27M$209.36M$108.04M$201.97M$185.51M$187.08M
Low Forecast$300.56M$303.02M$310.54M$298.11M$273.97M$277.67M$284.11M$272.40M$251.06M$253.69M$261.01M$202.61M$229.99M$239.35M$242.32M$184.19M$212.85M$167.25M$224.53M$167.45M$151.69M$152.04M$128.62M$92.90M$92.18M$139.57M$72.02M$134.65M$123.67M$124.72M
Surprise %------------0.99%0.93%0.95%0.95%1.01%1.02%-1.00%1.12%1.09%1.20%1.60%1.61%1.22%1.72%1.08%1.17%1.10%

IDEXX Laboratories's average Quarter SG&A projection for Mar 24 is $253.27M, based on 4 Wall Street analysts, with a range of $202.61M to $303.92M. The forecast indicates a 10.57% rise compared to IDXX last annual SG&A of $229.05M (Dec 23).

IDEXX Laboratories EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33334444363457632223456101098765
EPS------------$2.34$2.55$2.70$2.58$2.08$2.17-$2.30$1.92$2.06$2.37$2.39$2.04$1.71$1.75$1.31$1.05$1.26
Avg Forecast$3.34$3.44$3.38$3.49$2.91$3.07$3.17$3.08$2.52$2.68$2.88$2.71$2.12$2.37$2.47$2.42$1.92$2.05$1.56$2.25$1.72$1.91$2.03$1.71$1.40$1.43$1.17$1.20$0.90$1.14
High Forecast$3.36$3.46$3.40$3.51$2.93$3.08$3.19$3.10$2.54$2.70$2.90$2.73$2.19$2.43$2.49$2.44$1.93$2.06$1.56$2.27$1.74$1.93$2.05$1.73$1.41$1.45$1.18$1.21$0.91$1.15
Low Forecast$3.33$3.43$3.37$3.48$2.90$3.05$3.16$3.07$2.51$2.66$2.87$2.70$2.08$2.28$2.46$2.41$1.92$2.04$1.56$2.23$1.70$1.90$2.01$1.70$1.38$1.42$1.16$1.19$0.90$1.13
Surprise %------------1.10%1.08%1.09%1.07%1.08%1.06%-1.02%1.12%1.08%1.17%1.40%1.46%1.19%1.50%1.09%1.16%1.11%

According to 4 Wall Street analysts, IDEXX Laboratories's projected average Quarter EPS for Mar 24 is $2.71, with a low estimate of $2.70 and a high estimate of $2.73. This represents a 15.92% increase compared to IDXX previous annual EPS of $2.34 (Dec 23).

IDEXX Laboratories Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ILMNIllumina$130.21$200.8254.23%Buy
CRLCharles River Laboratories$206.21$316.2953.38%Buy
DHRDanaher$272.47$313.5915.09%Buy
IQVIQVIA$239.98$269.4312.27%Buy
TMOThermo Fisher Scientific$610.49$646.325.87%Buy
ICLRICON Public Limited Company$292.54$307.635.16%Buy
AAgilent$138.35$144.904.73%Buy
RVTYRevvity$122.71$123.830.91%Hold
WATWaters$328.97$325.00-1.21%Buy
MTDMettler-Toledo$1.38K$1.36K-1.38%Hold
IDXXIDEXX Laboratories$512.27$479.75-6.35%Buy
TWSTTwist Bioscience$47.67$42.40-11.06%Buy

IDXX Forecast FAQ


Yes, according to 7 Wall Street analysts, IDEXX Laboratories (IDXX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 7 'Buy' recommendations, accounting for 100.00% of IDXX's total ratings.

IDEXX Laboratories (IDXX) average price target is $479.75 with a range of $247 to $600, implying a -6.35% from its last price of $512.27. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for IDXX stock, the company can go down by -6.35% (from the last price of $512.27 to the average price target of $479.75), up by 17.13% based on the highest stock price target, and down by -51.78% based on the lowest stock price target.

IDXX's average twelve months analyst stock price target of $479.75 does not support the claim that IDEXX Laboratories can reach $800 in the near future.

IDEXX Laboratories's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.27B (high $4.29B, low $4.26B), average EBITDA is $1.15B (high $1.15B, low $1.14B), average net income is $1.02B (high $1.03B, low $1.02B), average SG&A $1.11B (high $1.12B, low $1.11B), and average EPS is $12.23 (high $12.3, low $12.18). IDXX's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.68B (high $4.7B, low $4.66B), average EBITDA is $1.26B (high $1.26B, low $1.25B), average net income is $1.14B (high $1.15B, low $1.13B), average SG&A $1.22B (high $1.22B, low $1.21B), and average EPS is $13.65 (high $13.73, low $13.6).

Based on IDEXX Laboratories's last annual report (Dec 2023), the company's revenue was $3.66B, beating the average analysts forecast of $3.64B by 0.46%. Apple's EBITDA was $1.1B, beating the average prediction of $1.04B by 5.44%. The company's net income was $845.04M, beating the average estimation of $793.61M by 6.48%. Apple's SG&A was $901.89M, missing the average forecast of $946.47M by -4.71%. Lastly, the company's EPS was $10.17, beating the average prediction of $9.39 by 8.30%. In terms of the last quarterly report (Dec 2023), IDEXX Laboratories's revenue was $901.6M, beating the average analysts' forecast of $891.88M by 1.09%. The company's EBITDA was $245.3M, beating the average prediction of $239.51M by 2.42%. IDEXX Laboratories's net income was $194.52M, beating the average estimation of $177.14M by 9.82%. The company's SG&A was $229.05M, missing the average forecast of $232.01M by -1.27%. Lastly, the company's EPS was $2.34, beating the average prediction of $2.12 by 10.16%