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NASDAQ: IDXX
Idexx Laboratories Inc Stock Forecast, Predictions & Price Target

Analyst price target for IDXX

Based on 9 analysts offering 12 month price targets for Idexx Laboratories Inc.
Min Forecast
$415.00-13.97%
Avg Forecast
$479.44-0.61%
Max Forecast
$582.00+20.64%

Should I buy or sell IDXX stock?

Based on 9 analysts offering ratings for Idexx Laboratories Inc.
Strong Buy
Strong Buy
7 analysts 77.78%
Buy
0 analysts 0%
Hold
2 analysts 22.22%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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IDXX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Goldman Sachs
Bottom 13%
13
Strong BuyMaintains$530.00+9.87%2023-01-25
Morgan Stanley
Top 5%
96
Strong BuyMaintains$543.00+12.56%2022-11-15
Atlantic Equities
Top 27%
74
Strong BuyMaintains$470.00-2.57%2022-11-02
JP Morgan
Bottom 42%
42
Strong BuyMaintains$450.00-6.72%2022-10-17
Barclays
Bottom 17%
17
Strong BuyMaintains$582.00+20.64%2022-08-05
Piper Sandler
Top 22%
79
Strong BuyMaintains$420.00-12.94%2022-07-26
Stifel Nicolaus
Bottom 17%
17
HoldDowngrades$415.00-13.97%2022-07-25
Goldman Sachs
Top 19%
82
Strong BuyUpgrades$435.00-9.83%2022-07-21
Anonymous
Goldman Sachs
HoldMaintains$530.00+9.87%2022-05-19
Bank of America
Bottom 11%
11
HoldDowngrades$470.00-2.57%2022-05-05

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Forecast return on equity

Is IDXX forecast to generate an efficient return?
Company
N/A
Industry
0.2%
Market
13.24%

Forecast return on assets

Is IDXX forecast to generate an efficient return on assets?
Company
N/A
Industry
0.13%

IDXX earnings per share forecast

What is IDXX's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$9.61+20.73%
Avg 2 year Forecast
$11.09+39.32%
Avg 3 year Forecast
$12.14+52.51%
IDXX's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

IDXX revenue forecast

What is IDXX's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$3.7B+9.56%
Avg 2 year Forecast
$4.0B+20.2%
Avg 3 year Forecast
$4.3B+28.25%
IDXX's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

IDXX earnings growth forecast

How is IDXX forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
15.8%
Industry
20.69%
Market
21.99%
IDXX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
IDXX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
IDXX's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

IDXX revenue growth forecast

How is IDXX forecast to perform vs Diagnostics & Research companies and vs the US market?
Company
9.02%
Industry
9.74%
Market
9.21%
IDXX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
IDXX's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

IDXX vs Diagnostic & Research Stocks

TickerPricePrice TargetUp/downsideConsensus
IDXX$482.41$479.44-0.61%Strong Buy
DXCM$108.43$178.92+65.01%Strong Buy
IQV$237.18$251.47+6.02%Strong Buy
MTD$1,591.65$1,425.60-10.43%Buy
A$154.55$161.11+4.25%Strong Buy

Idexx Laboratories Stock Forecast FAQ

Is Idexx Laboratories Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NASDAQ: IDXX) stock is to Strong Buy IDXX stock.

Out of 9 analysts, 7 (77.78%) are recommending IDXX as a Strong Buy, 0 (0%) are recommending IDXX as a Buy, 2 (22.22%) are recommending IDXX as a Hold, 0 (0%) are recommending IDXX as a Sell, and 0 (0%) are recommending IDXX as a Strong Sell.

If you're new to stock investing, here's how to buy Idexx Laboratories stock.

What is IDXX's earnings growth forecast for 2023-2025?

(NASDAQ: IDXX) Idexx Laboratories's forecast annual earnings growth rate of 15.8% is not forecast to beat the US Diagnostics & Research industry's average forecast earnings growth rate of 20.69%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 21.99%.

Idexx Laboratories's earnings in 2023 is $669,653,000.On average, 7 Wall Street analysts forecast IDXX's earnings for 2023 to be $795,870,957, with the lowest IDXX earnings forecast at $755,290,648, and the highest IDXX earnings forecast at $823,200,553. On average, 5 Wall Street analysts forecast IDXX's earnings for 2024 to be $918,440,053, with the lowest IDXX earnings forecast at $877,031,575, and the highest IDXX earnings forecast at $973,099,245.

In 2025, IDXX is forecast to generate $1,005,397,858 in earnings, with the lowest earnings forecast at $1,005,397,858 and the highest earnings forecast at $1,005,397,858.

What is IDXX's revenue growth forecast for 2023-2025?

(NASDAQ: IDXX) Idexx Laboratories's forecast annual revenue growth rate of 9.02% is not forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 9.74%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.21%.

Idexx Laboratories's revenue in 2023 is $3,339,846,000.On average, 6 Wall Street analysts forecast IDXX's revenue for 2023 to be $303,031,055,243, with the lowest IDXX revenue forecast at $298,174,171,983, and the highest IDXX revenue forecast at $311,724,682,487. On average, 5 Wall Street analysts forecast IDXX's revenue for 2024 to be $332,480,102,617, with the lowest IDXX revenue forecast at $326,688,050,278, and the highest IDXX revenue forecast at $348,150,064,684.

In 2025, IDXX is forecast to generate $354,746,435,310 in revenue, with the lowest revenue forecast at $354,746,435,310 and the highest revenue forecast at $354,746,435,310.

What is IDXX's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: IDXX) forecast ROA is N/A, which is lower than the forecast US Diagnostics & Research industry average of 0.13%.

What is IDXX's Price Target?

According to 9 Wall Street analysts that have issued a 1 year IDXX price target, the average IDXX price target is $479.44, with the highest IDXX stock price forecast at $582.00 and the lowest IDXX stock price forecast at $415.00.

On average, Wall Street analysts predict that Idexx Laboratories's share price could fall to $479.44 by Jan 25, 2024. The average Idexx Laboratories stock price prediction forecasts a potential downside of 0.61% from the current IDXX share price of $482.41.

What is IDXX's Earnings Per Share (EPS) forecast for 2023-2025?

(NASDAQ: IDXX) Idexx Laboratories's current Earnings Per Share (EPS) is $7.96. On average, analysts forecast that IDXX's EPS will be $9.61 for 2023, with the lowest EPS forecast at $9.12, and the highest EPS forecast at $9.94. On average, analysts forecast that IDXX's EPS will be $11.09 for 2024, with the lowest EPS forecast at $10.59, and the highest EPS forecast at $11.75. In 2025, IDXX's EPS is forecast to hit $12.14 (min: $12.14, max: $12.14).

What is IDXX's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: IDXX) forecast ROE is N/A, which is considered weak.
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