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

Analyst price target for IDXX

Based on 5 analysts offering 12 month price targets for Idexx Laboratories Inc.
Min Forecast
$460.00-6.93%
Avg Forecast
$584.00+18.16%
Max Forecast
$655.00+32.52%

Should I buy or sell IDXX stock?

Based on 5 analysts offering ratings for Idexx Laboratories Inc.
Buy
Strong Buy
3 analysts 60%
Buy
0 analysts 0%
Hold
2 analysts 40%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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IDXX stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-06
lockedlocked$00.00+00.00%2024-02-06
lockedlocked$00.00+00.00%2024-01-30
lockedlocked$00.00+00.00%2024-01-17
lockedlocked$00.00+00.00%2023-10-30

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Forecast return on equity

Is IDXX forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
35.42%

Forecast return on assets

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

IDXX revenue forecast

What is IDXX's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$4.0B+9.04%
Avg 2 year Forecast
$4.4B+20.35%
Avg 3 year Forecast
$4.8B+32.26%
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
9.78%
Industry
44.55%
Market
21.81%
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
9.73%
Industry
7.31%
Market
10.08%
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$494.26$584.00+18.16%Buy
A$137.49$139.67+1.58%Buy
IQV$240.84$260.18+8.03%Strong Buy
MTD$1,235.37$1,175.00-4.89%Hold
ICLR$309.44$346.43+11.95%Strong Buy

Idexx Laboratories Stock Forecast FAQ

Is Idexx Laboratories Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 5 Wall Street analysts covering (NASDAQ: IDXX) stock is to Buy IDXX stock.

Out of 5 analysts, 3 (60%) are recommending IDXX as a Strong Buy, 0 (0%) are recommending IDXX as a Buy, 2 (40%) 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 revenue growth forecast for 2024-2026?

(NASDAQ: IDXX) Idexx Laboratories's forecast annual revenue growth rate of 9.73% is forecast to beat the US Diagnostics & Research industry's average forecast revenue growth rate of 7.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.08%.

Idexx Laboratories's revenue in 2024 is $3,660,953,000.On average, 5 Wall Street analysts forecast IDXX's revenue for 2024 to be $331,695,550,902, with the lowest IDXX revenue forecast at $330,911,768,771, and the highest IDXX revenue forecast at $332,626,484,326. On average, 5 Wall Street analysts forecast IDXX's revenue for 2025 to be $366,090,400,167, with the lowest IDXX revenue forecast at $362,685,148,065, and the highest IDXX revenue forecast at $370,973,729,267.

In 2026, IDXX is forecast to generate $402,310,141,506 in revenue, with the lowest revenue forecast at $396,236,640,113 and the highest revenue forecast at $408,981,720,264.

What is IDXX's forecast return on assets (ROA) for 2024-2027?

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

What is IDXX's Price Target?

According to 5 Wall Street analysts that have issued a 1 year IDXX price target, the average IDXX price target is $584.00, with the highest IDXX stock price forecast at $655.00 and the lowest IDXX stock price forecast at $460.00.

On average, Wall Street analysts predict that Idexx Laboratories's share price could reach $584.00 by Feb 6, 2025. The average Idexx Laboratories stock price prediction forecasts a potential upside of 18.16% from the current IDXX share price of $494.26.

What is IDXX's forecast return on equity (ROE) for 2024-2027?

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