Ideanomics Stock Target Price and Analyst Consensus

IDEX Stock  USD 0.90  0.08  9.76%   
The current analyst and expert consensus on Ideanomics is Hold, with no strong buy opinions. The current projected Ideanomics target price consensus is 1.00 with 1 analyst opinions. The most common way Ideanomics analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Ideanomics executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Ideanomics. We encourage you to use your own analysis of Ideanomics to validate this buy or sell advice. Ideanomics buy-or-sell recommendation module provides average expert sentiment on the projected Ideanomics target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Ideanomics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.
Lowest Forecast
0.91
Highest Forecast
1.11
Target Price
1
Gross Profit is likely to rise to about (3 M) in 2024. Pretax Profit Margin is likely to drop to -2.57 in 2024. At this time, Ideanomics' Non Current Liabilities Total is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 1.2 B in 2024, despite the fact that Net Debt is likely to grow to (170.2 M).
  
It's important to approach Ideanomics' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Ideanomics price targets

Ideanomics' stock target price is an estimate of its future price, usually made by analysts. Using Ideanomics' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Ideanomics' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Ideanomics' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Ideanomics Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Ideanomics is a key component of Ideanomics valuation and have some predictive power on the future returns of a Ideanomics.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ideanomics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.040.829.86
Details
Intrinsic
Valuation
LowRealHigh
0.040.899.93
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ideanomics. Your research has to be compared to or analyzed against Ideanomics' peers to derive any actionable benefits. When done correctly, Ideanomics' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ideanomics.

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When determining whether Ideanomics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ideanomics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ideanomics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ideanomics Stock:
Check out Macroaxis Advice on Ideanomics to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For more information on how to buy Ideanomics Stock please use our How to Invest in Ideanomics guide.
Note that the Ideanomics information on this page should be used as a complementary analysis to other Ideanomics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Ideanomics' price analysis, check to measure Ideanomics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ideanomics is operating at the current time. Most of Ideanomics' value examination focuses on studying past and present price action to predict the probability of Ideanomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ideanomics' price. Additionally, you may evaluate how the addition of Ideanomics to your portfolios can decrease your overall portfolio volatility.
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The data published in Ideanomics' official financial statements usually reflect Ideanomics' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ideanomics. For example, before you start analyzing numbers published by Ideanomics accountants, it's critical to develop an understanding of what Ideanomics' liquidity, profitability, and earnings quality are in the context of the Software space in which it operates.
Please note, the presentation of Ideanomics' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ideanomics' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ideanomics' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ideanomics. Please utilize our Beneish M Score to check the likelihood of Ideanomics' management manipulating its earnings.