Ideanomics Inc Stock Price Target Forecast, (IDEX) Prediction 2022, 2023, 2025, 2030

03 January, 2022

Shares of Ideanomics Inc. (NASDAQ: IDEX) might fall as much as -316.67 percent.

Ideanomics Inc. (NASDAQ:IDEX) had 8.61 million shares moved in the previous trading session, with a beta of -0.34. The company’s most recent share price was $1.20, down -$0.02 or 1.64 percent from the previous closing, bringing the company’s market value to $634.50 million. IDEX is now trading at a discount to its 52-week high of $5.53, representing a discount of over -360.83 percent. The 52-week low for the stock was $1.11, implying that the current value has increased by 7.5 percent since then. The average daily trading volume for Ideanomics Inc. for the last three months is 9.67 million.

The stock of Ideanomics Inc. has a consensus recommendation of Buy, based on a mean score of 2.00. If we look at the data even more closely, we can see that 0 analysts rank the stock as a Sell, while another 0 rate it as Overweight. IDEX was rated as a Hold by 0 analysts, 1 as a Buy by 1 analyst, and 0 as Underweight by 0 analysts. For the current quarter, Ideanomics Inc. is predicted to report earnings per share of -$0.01.

Estimates and projections from Ideanomics Inc. (IDEX).

The growth rate year-over-year is predicted to be 391.00 percent, up from the previous year.

According to 1 financial analyst’s consensus estimate, the firm will generate an average of $32.5 million in sales for the current quarter. Ideanomics Inc. is expected to earn $33 million in revenue for the quarter ending December 2021, according to one analyst. The company’s sales were $10.62 million and $11.07 million in the same periods a year earlier. The company’s current quarter revenues are expected to increase by 206.00 percent, according to analysts. Sales are expected to increase by 198.10 percent in the coming quarter, according to forecasts.

In terms of year-over-year earnings, the firm has had a negative earnings growth rate of -6.40 percent over the last five years.

marketingsentinel.com is the source of this information.


30 December, 2021

Ideanomics Inc. (NASDAQ: IDEX-15.33 )’s percent loss this week taught us something new.

During the last session, Ideanomics Inc. (NASDAQ:IDEX) had 9.44 million traded shares, with the company’s beta value at -0.34. The stock’s price was $1.16 at the conclusion of trade, implying a -1.69 percent or $0.02 fall in intraday trading. The 52-week high for the IDEX stock is $5.53, a drop of -376.72 percent from that high but still an outstanding 0.86 percent from the stock’s 52-week low of $1.15. The firm is valued at $613.35 million, with an average of 9.82 million shares traded in the last three months.

Ideanomics Inc. (IDEX) has received a consensus recommendation of Buy from analysts, resulting in a mean rating of 2.00. IDEX has a Buy recommendation from 1 analyst(s) and a Sell rating from 0 analyst(s). The stock is rated Overweight by 0 analysts, Hold by 0 analysts, and Buy by 1 analysts. It has an Underweight rating from 0 analyst(s). The company’s current-quarter earnings per share are expected to be -$0.01.

Trade data for Ideanomics Inc. (NASDAQ:IDEX).

Ideanomics Inc. (IDEX) has been in the red for the past five days after reporting a -1.69 percent loss in the previous session. The stock set a weekly high of 1.4000 on Wednesday, December 29th, then dropped -1.69 percent in intraday trading. The stock has a 5-day price performance of -15.33 percent and a 30-day price performance of -25.16 percent. The year-to-date pricing performance with these engagements is -41.71 percent.

Wall Street analysts have set an average price objective of $5.00, representing a 76.8% rise in the stock’s current value. The goal low and target high prices are $5.00 and $5.00, respectively, based on the extremes. As a result, IDEX is currently trading at a -331.03 percent discount to its projected target high and a -331.03 percent discount to its likely low.

Estimates and projections from Ideanomics Inc. (IDEX).

When we compare Ideanomics Inc.’s share performance to that of its competitors, we can see that the business has outperformed them. Ideanomics Inc. (IDEX) shares have dropped 59.15 percent in the previous six months, with a year-to-date growth rate of 62.79 percent vs 12.60 percent for the industry. According to the rating firms, the company’s sales will increase by 391.00 percent over the previous fiscal year.

According to one expert, revenue for the current quarter will be $32.5 million. Meanwhile, 1 analyst(s) predicts sales growth of $33 million for the quarter ending December 2021. According to earnings reports from the previous fiscal year, revenues were $10.62 million and $11.07 million in the comparable quarters. In this situation, experts expect sales to increase by 206.00 percent in the current quarter before increasing by 198.10 percent the following quarter.

Dividends on the IDEX

Between March 29 and April 4, Ideanomics Inc. will release its next earnings report. However, it’s vital to remember that this dividend yield ratio is just meant to be used as a guide. Investors considering the stock should also consider the company’s other fundamental and operational features. Ideanomics Inc. has a forward dividend ratio of 0, with a share yield of 0.00 percent, continuing the upward trend seen in the previous year. The company’s average dividend yield over the last five years has been 0.00%.

marketingsentinel.com is the source of this information.


27 December, 2021

If you’re a risk-averse investor, Ideanomics Inc. (NASDAQ: IDEX) is worth a look.

Trade data for Ideanomics Inc. (NASDAQ:IDEX).

As witnessed at the close of the last trading session, the IDEX was immediately in the red. The performance over the last five days has been red, with action -9.86 percent. The stock’s daily price was reduced by -5.88 percent after it fell to weekly highs of 1.4600 on Thursday, 12/23/21. The company’s stock has lost 35.68 percent year to date, with a five-day performance of -9.86 percent in the red. Ideanomics Inc. (NASDAQ:IDEX) is down -12.33 percent in the 30-day time frame.

Wall Street analysts’ consensus price objective for the company is $5.00, implying a 74.4 percent increase from its present market value for bulls. IDEX’s anticipated low is $5.00, with $5.00 as the goal high, according to analyst forecasts. To reach the expected high, the stock must drop -290.62 percent from its present position, while to reach the anticipated low, the stock must rise -290.62 percent.

Estimates and projections from Ideanomics Inc. (IDEX).

Data suggests that Ideanomics Inc.’s stock is outperforming most of its rivals in the same industry. According to the numbers, the company’s stock has dropped 58.58 percent in the last six months, representing a 62.79 percent annual growth rate, which is much greater than the industry average of 12.60 percent. Year-over-year growth is expected to be 363.40 percent higher than the previous fiscal year.

According to 1 financial analyst’s consensus projections, the company’s sales in the current quarter will average $31 million. Ideanomics Inc.’s sales for the quarter ending March 2022 is expected to be $28 million, according to 1 analyst. The company’s sales in the previous quarters was $11.07 million and $32.71 million, respectively. Analysts expect the company’s current quarter revenues to increase by 180.10 percent, according to analysts. Sales growth is expected to be -14.40 percent in the coming quarter, according to forecasts.

Looking at the company’s earnings year over year, data indicates that earnings have grown at a pace of -6.40 percent over the last five years. The earnings of Ideanomics Inc. are expected to rise by 44.00 percent in 2021.

marketingsentinel.com is the source of this information.


30 November 2021

Tuesday, what is Wall Street’s target price for Ideanomics Inc (IDEX)?

Ideanomics Inc has received excellent feedback from Wall Street (IDEX). Analysts on average rate IDEX as a Strong Buy. The average price target is $5, implying that analysts anticipate the stock will increase by 226.80% in the next year. According to data gathered by InvestorsObserver, IDEX has an Analyst Rating of 74, which is higher than 74 percent of companies.

investorsobserver.com is the source of this information.


15 NOVEMBER 2021

If you had bought Ideanomics (NASDAQ:IDEX) a year ago, you would have made a 101 percent profit.

It hasn’t been a good quarter for Ideanomics, Inc. (NASDAQ:IDEX) owners, as the stock has dropped 11% in the last three months. But that doesn’t change the fact that last year’s results were fantastic. The stock price climbed 101 percent in that period, like an eagle. As a result, it’s possible that the stock’s price is just levelling down following a sharp spike. Investors should consider if the company itself has the basic value needed to keep generating profits.

So let’s look at whether the company’s longer-term success has been in accordance with the core business’s growth.

Given that Ideanomics did not earn a profit in the previous twelve months, we’ll concentrate on revenue growth to get a rapid picture of its progress. In general, firms that do not make a profit are expected to increase sales year after year, and at a rapid rate. That’s because it’s difficult to be confidence in a company’s long-term viability if sales growth is minimal and it never turns a profit.

Last year, Ideanomics increased their sales by 964 percent. That’s a lot more than most other non-profits. Meanwhile, the stock market has taken notice, propelling the price of the stock up 101 percent. Strong revenue increase is encouraging, but the question is whether it can be sustained. Because the large gain in the stock price signals confidence, purchasers may have a greater opportunity once the hype dissipates.

It’s certainly worth mentioning that the CEO is paid less than the median for firms of similar size. It’s crucial to keep an eye on CEO compensation, but the most significant concern is whether the company’s earnings will expand over time.

It hasn’t been a good quarter for Ideanomics, Inc. (NASDAQ:IDEX) owners, as the stock has dropped 11% in the last three months. But that doesn’t change the fact that last year’s results were fantastic. The stock price climbed 101 percent in that period, like an eagle. As a result, it’s possible that the stock’s price is just levelling down following a sharp spike. Investors should consider if the company itself has the basic value needed to keep generating profits.

So let’s look at whether the company’s longer-term success has been in accordance with the core business’s growth.

Given that Ideanomics did not earn a profit in the previous twelve months, we’ll concentrate on revenue growth to get a rapid picture of its progress. In general, firms that do not make a profit are expected to increase sales year after year, and at a rapid rate. That’s because it’s difficult to be confidence in a company’s long-term viability if sales growth is minimal and it never turns a profit.

Last year, Ideanomics increased their sales by 964 percent. That’s a lot more than most other non-profits. Meanwhile, the stock market has taken notice, propelling the price of the stock up 101 percent. Strong revenue increase is encouraging, but the question is whether it can be sustained. Because the large gain in the stock price signals confidence, purchasers may have a greater opportunity once the hype dissipates.

It’s certainly worth mentioning that the CEO is paid less than the median for firms of similar size. It’s crucial to keep an eye on CEO compensation, but the most significant concern is whether the company’s earnings will expand over time. This free research on analyst predictions can assist you in forming an opinion about Ideanomics.

A Different Point of View

We’re happy to inform that Ideanomics stockholders have seen a total return of 101 percent in the last year. Because the one-year TSR is higher than the five-year TSR (which is just 8% each year), it appears that the stock’s performance has improved recently. Given the stock’s high price momentum, it could be worth having a closer look at the stock, lest you miss out on a bargain. It’s always fascinating to follow the progression of stock prices over time.

nasdaq.com is the source of this information.


Disclaimer:The views and investment tips expressed by investment expert on Stock consultant bihar are Sourced From Brokerage Firms Research Reports & Market Experts Opinion. We advises users to consult your investment advisor before taking any decisions. Our Website Contain Demat Account & Algo Trading affliate Link. If You’ll Register Through Our Link We May Get Profit.

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