Icahn Enterprises Stock Target Price and Analyst Consensus

IEP Stock  USD 17.00  0.33  1.98%   
The current analyst and expert consensus on Icahn Enterprises is Strong Buy, with only one strong buy opinion. The current projected Icahn Enterprises target price consensus is 27.00 with 1 analyst opinions. The most common way Icahn Enterprises analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Icahn Enterprises 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 Icahn Enterprises. We encourage you to use your own analysis of Icahn Enterprises to validate this buy or sell advice. Icahn Enterprises buy-or-sell recommendation module provides average expert sentiment on the projected Icahn Enterprises target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Icahn Enterprises to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
24.57
Highest Forecast
29.97
Target Price
27
As of 04/24/2024, Gross Profit is likely to drop to about 1.1 B. In addition to that, Pretax Profit Margin is likely to grow to -0.07. At this time, Icahn Enterprises' Cash And Short Term Investments are relatively stable compared to the past year. As of 04/24/2024, Net Receivables is likely to grow to about 5.1 B, while Liabilities And Stockholders Equity is likely to drop slightly above 12.9 B.
  
It's important to approach Icahn Enterprises' 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 Icahn Enterprises price targets

Icahn Enterprises' stock target price is an estimate of its future price, usually made by analysts. Using Icahn Enterprises' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Icahn Enterprises' 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 Icahn Enterprises' 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 Icahn Enterprises 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 Icahn Enterprises is a key component of Icahn Enterprises valuation and have some predictive power on the future returns of a Icahn Enterprises.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Icahn Enterprises' 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
14.9316.9919.05
Details
Intrinsic
Valuation
LowRealHigh
15.3021.5023.56
Details
Naive
Forecast
LowNextHigh
14.1116.1718.23
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.250.250.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Icahn Enterprises. Your research has to be compared to or analyzed against Icahn Enterprises' peers to derive any actionable benefits. When done correctly, Icahn Enterprises' 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 Icahn Enterprises.

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When determining whether Icahn Enterprises is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Icahn Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Icahn Enterprises Lp Stock. Highlighted below are key reports to facilitate an investment decision about Icahn Enterprises Lp Stock:
Check out Macroaxis Advice on Icahn Enterprises to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Icahn Enterprises information on this page should be used as a complementary analysis to other Icahn Enterprises' 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Icahn Enterprises' price analysis, check to measure Icahn Enterprises' 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 Icahn Enterprises is operating at the current time. Most of Icahn Enterprises' value examination focuses on studying past and present price action to predict the probability of Icahn Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icahn Enterprises' price. Additionally, you may evaluate how the addition of Icahn Enterprises to your portfolios can decrease your overall portfolio volatility.
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The data published in Icahn Enterprises' official financial statements usually reflect Icahn Enterprises' 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 Icahn Enterprises. For example, before you start analyzing numbers published by Icahn accountants, it's critical to develop an understanding of what Icahn Enterprises' liquidity, profitability, and earnings quality are in the context of the Industrial Conglomerates space in which it operates.
Please note, the presentation of Icahn Enterprises' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Icahn Enterprises' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Icahn Enterprises' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Icahn Enterprises LP. Please utilize our Beneish M Score to check the likelihood of Icahn Enterprises' management manipulating its earnings.