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IDEX (IEX) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

IEX Stock Forecast

IDEX stock forecast is as follows: an average price target of $232.00 (represents a 9.29% upside from IEX’s last price of $212.28) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.

IEX Price Target

The average price target for IDEX (IEX) is $232.00 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $248.00 to $210.00. This represents a potential 9.29% upside from IEX's last price of $212.28.

IEX Analyst Ratings

Buy

According to 8 Wall Street analysts, IDEX's rating consensus is 'Buy'. The analyst rating breakdown for IEX stock is 0 'Strong Buy' (0.00%), 8 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

IDEX Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Deane DrayRBC Capital$248.00$218.6413.43%16.83%
Aug 05, 2024Matt SummervilleD.A. Davidson$210.00$194.128.18%-1.07%
Aug 05, 2024Bryan BlairOppenheimer$238.00$192.7523.48%12.12%
Apr 25, 2024Michael HalloranRobert W. Baird$256.00$224.6413.96%20.60%
Feb 08, 2024Nathan JonesStifel Nicolaus$265.00$225.8317.34%24.84%
Jul 18, 2022Nathan JonesStifel Nicolaus$188.00$186.260.93%-11.44%
May 09, 2022Deane DrayRBC Capital$238.00$188.0626.56%12.12%
Apr 28, 2022Citigroup$235.00$191.1522.94%10.70%
Apr 28, 2022Mizuho Securities$205.00$191.427.09%-3.43%
Jan 10, 2022Brendan LueckeBernstein$230.00$224.302.54%8.35%
Oct 28, 2021Matt SummervilleD.A. Davidson$220.00$222.43-1.09%3.64%
Apr 29, 2021Connor LynaghMorgan Stanley$250.00$225.9110.66%17.77%

The latest IDEX stock forecast, released on Oct 31, 2024 by Deane Dray from RBC Capital, set a price target of $248.00, which represents a 13.43% increase from the stock price at the time of the forecast ($218.64), and a 16.83% increase from IEX last price ($212.28).

IDEX Price Target by Period

1M3M12M
# Anlaysts-15
Avg Price Target-$248.00$243.40
Last Closing Price$212.28$212.28$212.28
Upside/Downside-100.00%16.83%14.66%

In the current month, the average price target of IDEX stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to IDEX's last price of $212.28. 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
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
Mar 21, 2024RBC CapitalUnderperformUnderperformHold
Feb 08, 2024Deutsche BankBuyUpgrade
Aug 24, 2023Argus ResearchBuyBuyHold
Jul 14, 2022OppenheimerHoldOutperformUpgrade
May 09, 2022RBC CapitalBuyBuyHold
May 09, 2022OppenheimerHoldHoldHold
Apr 28, 2022RBC CapitalOutperformOutperformHold
Apr 28, 2022CitigroupBuyBuyHold
Apr 26, 2022Zacks Investment ResearchBuyUpgrade

IDEX's last stock rating was published by RBC Capital on Oct 31, 2024. The company gave IEX a "Outperform" rating, the same as its previous rate.

IDEX Financial Forecast

IDEX Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$788.90M-$846.20M$845.40M$810.70M$824.00M$796.10M$751.10M$714.80M$712.02M$685.95M$652.04M$614.82M$581.11M$561.25M$594.46M$606.00M$624.25M$642.10M$622.23M$612.32M$553.55M
Avg Forecast$902.95M$866.56M$882.91M$868.96M$866.58M$793.05M$828.15M$807.52M$767.98M$792.54M$851.73M$820.17M$773.14M$780.43M$765.99M$716.82M$708.51M$698.72M$689.59M$635.16M$601.59M$565.15M$532.29M$597.55M$614.33M$640.74M$655.92M$634.22M$588.57M$499.85M
High Forecast$922.27M$885.10M$901.80M$893.67M$876.47M$793.28M$828.15M$807.52M$774.00M$810.00M$869.96M$837.72M$789.69M$780.43M$765.99M$716.82M$708.51M$698.72M$689.59M$635.16M$601.59M$565.15M$532.29M$597.55M$614.33M$640.74M$655.92M$634.22M$706.28M$599.82M
Low Forecast$879.38M$843.93M$859.85M$851.85M$858.15M$792.82M$828.15M$807.52M$764.02M$778.78M$829.49M$798.76M$752.96M$780.43M$765.99M$716.82M$708.51M$698.72M$689.59M$635.16M$601.59M$565.15M$532.29M$597.55M$614.33M$640.74M$655.92M$634.22M$470.85M$399.88M
# Analysts333573224109988889999959644741116
Surprise %--------1.03%-0.99%1.03%1.05%1.06%1.04%1.05%1.01%1.02%0.99%1.03%1.02%1.03%1.05%0.99%0.99%0.97%0.98%0.98%1.04%1.11%

IDEX's average Quarter revenue forecast for Mar 24 based on 2 analysts is $807.52M, with a low forecast of $807.52M, and a high forecast of $807.52M. IEX's average Quarter revenue forecast represents a 2.36% increase compared to the company's last Quarter revenue of $788.90M (Dec 23).

IDEX EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts333573224109988889999959644741116
EBITDA--------$160.50M-$200.10M$229.80M$177.30M$250.20M$218.80M$218.00M$192.94M$187.55M$165.55M$177.97M$162.18M$153.27M$124.76M$158.37M$152.65M$160.07M$174.82M$166.58M$162.19M$136.67M
Avg Forecast$245.20M$235.32M$239.76M$235.97M$235.33M$215.36M$224.89M$229.90M$208.55M$215.22M$231.29M$209.00M$216.26M$210.88M$206.98M$190.00M$191.44M$188.80M$186.33M$166.69M$162.56M$152.71M$143.83M$154.72M$166.00M$173.13M$177.23M$158.07M$155.65M$121.98M
High Forecast$250.45M$240.36M$244.89M$242.68M$238.01M$215.42M$224.89M$275.88M$210.19M$219.96M$236.24M$250.80M$259.51M$210.88M$206.98M$228.00M$191.44M$188.80M$186.33M$200.03M$162.56M$152.71M$143.83M$185.66M$166.00M$173.13M$177.23M$189.68M$186.78M$146.37M
Low Forecast$238.80M$229.18M$233.50M$231.33M$233.04M$215.30M$224.89M$183.92M$207.47M$211.48M$225.26M$167.20M$173.01M$210.88M$206.98M$152.00M$191.44M$188.80M$186.33M$133.36M$162.56M$152.71M$143.83M$123.77M$166.00M$173.13M$177.23M$126.46M$124.52M$97.58M
Surprise %--------0.77%-0.87%1.10%0.82%1.19%1.06%1.15%1.01%0.99%0.89%1.07%1.00%1.00%0.87%1.02%0.92%0.92%0.99%1.05%1.04%1.12%

2 analysts predict IEX's average Quarter EBITDA for Mar 24 to be $229.90M, with a high of $275.88M and a low of $183.92M. This is 43.24% upper than IDEX's previous annual EBITDA (Dec 23) of $160.50M.

IDEX Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts333573224109988889999959644741116
Net Income--------$108.60M-$138.60M$139.80M$130.00M$178.70M$138.20M$140.00M$118.70M$115.74M$102.19M$112.71M$101.07M$103.85M$70.86M$102.00M$96.85M$105.19M$113.21M$110.27M$98.96M$75.90M
Avg Forecast$168.56M$158.90M$164.41M$154.84M$154.10M$143.25M$154.99M$147.98M$134.88M$143.06M$160.95M$134.53M$133.16M$152.04M$143.58M$122.30M$120.92M$121.03M$122.60M$105.56M$99.49M$91.13M$73.86M$99.64M$102.54M$110.50M$113.09M$104.63M$94.97M$67.74M
High Forecast$173.25M$163.32M$168.98M$156.39M$154.86M$144.30M$154.99M$177.58M$137.91M$146.84M$165.42M$161.43M$159.79M$152.04M$143.58M$146.76M$120.92M$121.03M$122.60M$126.68M$99.49M$91.13M$73.86M$119.57M$102.54M$110.50M$113.09M$125.56M$113.96M$81.29M
Low Forecast$162.84M$153.51M$158.83M$154.07M$153.34M$142.19M$154.99M$118.39M$133.36M$141.54M$155.48M$107.62M$106.53M$152.04M$143.58M$97.84M$120.92M$121.03M$122.60M$84.45M$99.49M$91.13M$73.86M$79.72M$102.54M$110.50M$113.09M$83.71M$75.97M$54.19M
Surprise %--------0.81%-0.86%1.04%0.98%1.18%0.96%1.14%0.98%0.96%0.83%1.07%1.02%1.14%0.96%1.02%0.94%0.95%1.00%1.05%1.04%1.12%

IDEX's average Quarter net income forecast for Mar 24 is $147.98M, with a range of $118.39M to $177.58M. IEX's average Quarter net income forecast represents a 36.26% increase compared to the company's last Quarter net income of $108.60M (Dec 23).

IDEX SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts333573224109988889999959644741116
SG&A--------$173.60M-$174.30M$189.70M$169.00M$161.90M$167.50M$154.30M$151.50M$147.18M$144.68M$134.85M$125.19M$117.37M$120.36M$132.01M$125.75M$128.26M$134.93M$136.05M$138.33M$130.47M
Avg Forecast$189.63M$181.99M$185.42M$182.49M$181.99M$166.55M$173.92M$163.10M$161.28M$166.44M$178.87M$148.27M$169.81M$163.90M$160.87M$134.79M$148.79M$146.74M$144.82M$126.30M$126.34M$118.69M$111.79M$128.97M$129.02M$134.56M$137.75M$129.10M$132.75M$116.44M
High Forecast$193.69M$185.88M$189.39M$187.68M$184.07M$166.60M$173.92M$195.72M$162.55M$170.11M$182.70M$177.92M$203.78M$163.90M$160.87M$161.75M$148.79M$146.74M$144.82M$151.56M$126.34M$118.69M$111.79M$154.76M$129.02M$134.56M$137.75M$154.92M$159.30M$139.73M
Low Forecast$184.68M$177.24M$180.58M$178.90M$180.22M$166.50M$173.92M$130.48M$160.45M$163.55M$174.20M$118.62M$135.85M$163.90M$160.87M$107.83M$148.79M$146.74M$144.82M$101.04M$126.34M$118.69M$111.79M$103.17M$129.02M$134.56M$137.75M$103.28M$106.20M$93.15M
Surprise %--------1.08%-0.97%1.28%1.00%0.99%1.04%1.14%1.02%1.00%1.00%1.07%0.99%0.99%1.08%1.02%0.97%0.95%0.98%1.05%1.04%1.12%

IDEX's average Quarter SG&A projection for Mar 24 is $163.10M, based on 2 Wall Street analysts, with a range of $130.48M to $195.72M. The forecast indicates a -6.05% fall compared to IEX last annual SG&A of $173.60M (Dec 23).

IDEX EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts333573224109988889999959644741116
EPS--------$1.44-$1.83$1.85$1.72$2.37$1.82$1.84$1.56$1.52$1.34$1.48$1.33$1.38$0.94$1.35$1.28$1.39$1.50$1.46$1.29$0.99
Avg Forecast$2.22$2.09$2.17$2.04$2.03$1.89$2.04$1.76$1.78$1.88$2.12$2.02$1.97$2.00$1.89$1.74$1.59$1.59$1.62$1.41$1.31$1.20$0.97$1.30$1.35$1.46$1.49$1.37$1.19$0.83
High Forecast$2.28$2.15$2.23$2.06$2.04$1.90$2.04$1.76$1.82$1.93$2.18$2.08$1.98$2.00$1.89$1.74$1.59$1.59$1.62$1.41$1.31$1.20$0.97$1.30$1.35$1.46$1.49$1.37$1.43$1.00
Low Forecast$2.15$2.02$2.09$2.03$2.02$1.87$2.04$1.76$1.76$1.86$2.05$1.95$1.96$2.00$1.89$1.74$1.59$1.59$1.62$1.41$1.31$1.20$0.97$1.30$1.35$1.46$1.49$1.37$0.95$0.66
Surprise %--------0.81%-0.86%0.91%0.87%1.18%0.96%1.06%0.98%0.95%0.83%1.05%1.01%1.15%0.97%1.04%0.95%0.95%1.01%1.07%1.08%1.19%

According to 2 Wall Street analysts, IDEX's projected average Quarter EPS for Mar 24 is $1.76, with a low estimate of $1.76 and a high estimate of $1.76. This represents a 22.02% increase compared to IEX previous annual EPS of $1.44 (Dec 23).

IDEX Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
FELEFranklin Electric$98.90$120.0021.33%Buy
DCIDonaldson$67.91$81.0019.28%Hold
CRCrane NXT$155.88$178.5014.51%Buy
DOVDover$190.33$212.6311.72%Buy
ITTITT$144.30$159.0010.19%Buy
IRIngersoll Rand$92.35$101.009.37%Buy
IEXIDEX$212.28$232.009.29%Buy
WTSWatts Water$204.13$212.003.86%Buy
FLSFlowserve$58.45$60.202.99%Buy
EPACEnerpac Tool Group$42.39$23.00-45.74%Hold

IEX Forecast FAQ

Is IDEX a good buy?

Yes, according to 8 Wall Street analysts, IDEX (IEX) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 8 'Buy' recommendations, accounting for 100.00% of IEX's total ratings.

What is IEX's price target?

IDEX (IEX) average price target is $232 with a range of $210 to $248, implying a 9.29% from its last price of $212.28. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will IDEX stock go up soon?

According to Wall Street analysts' prediction for IEX stock, the company can go up by 9.29% (from the last price of $212.28 to the average price target of $232), up by 16.83% based on the highest stock price target, and down by -1.07% based on the lowest stock price target.

Can IDEX stock reach $300?

IEX's average twelve months analyst stock price target of $232 does not support the claim that IDEX can reach $300 in the near future.

What are IDEX's analysts' financial forecasts?

IDEX's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $3.3B (high $3.31B, low $3.29B), average EBITDA is $905.47M (high $954.2M, low $857.14M), average net income is $600.32M (high $631.72M, low $568.91M), average SG&A $685.56M (high $720.3M, low $651.12M), and average EPS is $7.72 (high $7.74, low $7.69). IEX's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.52B (high $3.6B, low $3.44B), average EBITDA is $956.25M (high $978.38M, low $932.8M), average net income is $646.71M (high $661.94M, low $629.24M), average SG&A $739.53M (high $756.64M, low $721.39M), and average EPS is $8.52 (high $8.72, low $8.29).

Did the IEX's actual financial results beat the analysts' financial forecasts?

Based on IDEX's last annual report (Dec 2023), the company's revenue was $3.27B, beating the average analysts forecast of $3.23B by 1.28%. Apple's EBITDA was $732.5M, missing the average prediction of $864.07M by -15.23%. The company's net income was $596.1M, beating the average estimation of $573.41M by 3.96%. Apple's SG&A was $703.5M, beating the average forecast of $654.87M by 7.43%. Lastly, the company's EPS was $7.88, beating the average prediction of $7.81 by 0.95%. In terms of the last quarterly report (Dec 2023), IDEX's revenue was $788.9M, beating the average analysts' forecast of $767.98M by 2.72%. The company's EBITDA was $160.5M, missing the average prediction of $208.55M by -23.04%. IDEX's net income was $108.6M, missing the average estimation of $134.88M by -19.48%. The company's SG&A was $173.6M, beating the average forecast of $161.28M by 7.64%. Lastly, the company's EPS was $1.44, missing the average prediction of $1.78 by -18.97%