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IDEX (IEX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

IEX Stock Forecast

IDEX (IEX) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $232.00, with a high of $248.00 and a low of $210.00. This represents a 5.99% increase from the last price of $218.88.

$200 $210 $220 $230 $240 $250 High: $248 Avg: $232 Low: $210 Last Closed Price: $218.88

IEX Stock Rating

IDEX stock's rating consensus is Buy, based on 8 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 8 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 8 0 8 Strong Sell Sell Hold Buy Strong Buy

IEX Forecast vs Benchmarks

TypeNameUpside
StockIDEX5.99%
SectorIndustrials Stocks 15.95%
IndustryIndustrial Machinery Stocks10.90%

Price Target Trends

1M3M12M
# Anlaysts-15
Avg Price Target-$248.00$243.40
Last Closing Price$218.88$218.88$218.88
Upside/Downside-13.30%11.20%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25267--15
Dec, 24167--14
Nov, 242611--19
Oct, 244611--21
Sep, 244611--21
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Deane DrayRBC Capital$248.00$218.6413.43%13.30%
Aug 05, 2024Matt SummervilleD.A. Davidson$210.00$194.128.18%-4.06%
Aug 05, 2024Bryan BlairOppenheimer$238.00$192.7523.48%8.74%
Apr 25, 2024Michael HalloranRobert W. Baird$256.00$224.6413.96%16.96%
Feb 08, 2024Nathan JonesStifel Nicolaus$265.00$225.8317.34%21.07%
Jul 18, 2022Nathan JonesStifel Nicolaus$188.00$186.260.93%-14.11%
May 09, 2022Deane DrayRBC Capital$238.00$188.0626.56%8.74%
Apr 28, 2022Citigroup$235.00$191.1522.94%7.36%
Apr 28, 2022Mizuho Securities$205.00$191.427.09%-6.34%
Jan 10, 2022Brendan LueckeBernstein$230.00$224.302.54%5.08%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024RBC CapitalOutperformOutperformhold
Sep 16, 2024Cowen & Co.BuyBuyhold
Aug 07, 2024Cowen & Co.BuyBuyhold
Aug 05, 2024OppenheimerOutperformOutperformhold
Apr 18, 2024Stifel NicolausBuyBuyhold
Apr 08, 2024CitigroupBuyBuyhold
Apr 04, 2024RBC CapitalOutperformOutperformhold
Mar 21, 2024Stifel NicolausBuyBuyhold
Feb 08, 2024Deutsche BankBuyupgrade
Aug 24, 2023Argus ResearchBuyBuyhold

Financial Forecast

EPS Forecast

$4 $5 $6 $7 $8 $9 $10 $11 $12 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.98$5.91$7.75$7.88-----
Avg Forecast$5.12$6.37$8.09$8.16$7.88$8.45$9.30$10.32$11.31
High Forecast$5.03$6.25$7.86$8.14$7.86$8.34$8.47$9.96$10.92
Low Forecast$5.28$6.56$8.24$8.19$7.95$8.68$10.71$10.56$11.57
Surprise %-2.73%-7.22%-4.20%-3.43%-----

Revenue Forecast

$2B $3B $3B $4B $4B $5B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.35B$2.76B$3.18B$3.27B-----
Avg Forecast$2.34B$2.76B$3.14B$3.27B$3.27B$3.49B$3.67B$3.89B$4.16B
High Forecast$2.30B$2.72B$3.07B$3.19B$3.18B$3.44B$3.63B$3.80B$4.05B
Low Forecast$2.39B$2.82B$3.18B$3.28B$3.28B$3.54B$3.70B$3.99B$4.24B
Surprise %0.62%0.23%1.45%-0.00%-----

Net Income Forecast

$250M $380M $510M $640M $770M $900M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$377.78M$449.40M$586.90M$596.10M-----
Avg Forecast$345.59M$443.02M$509.08M$596.10M$599.83M$645.89M$652.82M$778.71M$858.43M
High Forecast$276.47M$354.41M$407.27M$476.88M$596.42M$632.63M$642.58M$756.00M$828.52M
Low Forecast$414.71M$531.62M$610.90M$715.32M$603.25M$659.15M$813.09M$801.42M$878.30M
Surprise %9.31%1.44%15.29%------

IEX Forecast FAQ

Is IDEX stock a buy?

IDEX stock has a consensus rating of Buy, based on 8 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 8 Buy, 0 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that IDEX is a favorable investment for most analysts.

What is IDEX's price target?

IDEX's price target, set by 8 Wall Street analysts, averages $232 over the next 12 months. The price target range spans from $210 at the low end to $248 at the high end, suggesting a potential 5.99% change from the previous close price of $218.88.

How does IDEX stock forecast compare to the average forecast of its sector, industry, and investment themes?

IDEX stock forecast shows a 5.99% upside, underperforming the average forecast for the industrials stocks sector (15.95%) and underperforming the industrial machinery stocks industry (10.90%).

What is the breakdown of analyst ratings for IDEX over the past three months?

  • January 2025: 13.33% Strong Buy, 40.00% Buy, 46.67% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 7.14% Strong Buy, 42.86% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 10.53% Strong Buy, 31.58% Buy, 57.89% Hold, 0% Sell, 0% Strong Sell.

What is IDEX’s EPS forecast?

IDEX's average annual EPS forecast for its fiscal year ending in December is 7.88 for 2024, a 0% decrease from the reported $7.88 in 2023. The prediction for 2025 is $8.45, $9.3 for 2026, $10.32 for 2027, and $11.31 for 2028.

What is IDEX’s revenue forecast?

IDEX's average annual revenue forecast for its fiscal year ending in December is $3.27B for 2024, a -0.18% decrease from the reported $3.27B in 2023. The forecast for 2025 is $3.49B, $3.67B for 2026, $3.89B for 2027, and $4.16B for 2028.

What is IDEX’s net income forecast?

For its fiscal year ending in December, IDEX's average annual net income forecast is $599.83M for 2024, reflecting an 0.63% increase from the reported $596.1M in 2023. The projection for 2025 is $645.89M, $652.82M for 2026, $778.71M for 2027, and $858.43M for 2028.