×
News Home

Ideanomics Inc (IDEX) Price Target Set: Are Analysts Too Bullish On This Electric Vehicle Stock?

Monday, October 03, 2022 12:49 PM | InvestorsObserver Analysts
Ideanomics Inc (IDEX) Price Target Set: Are Analysts Too Bullish On This Electric Vehicle Stock?

Electric Vehicle stock IDEX is lower by 3.93% Monday. InvestorsObserver is giving Ideanomics Inc (IDEX) an Analyst Rating Rank of 5, meaning IDEX is ranked higher by analysts than 5% of stocks. The average price target for IDEX is $1 and analyst’s rate the stock as a Hold.

Overall Score - 3
Wall Street analysts are rating IDEX a Hold today. Find out what this means to you and get the rest of the rankings on IDEX!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Ideanomics Inc Stock Today?

Ideanomics Inc (IDEX) stock is trading at $0.26 as of 12:46 PM on Monday, Oct 3, a decline of -$0.01, or -3.93% from the previous closing price of $0.28. The stock has traded between $0.26 and $0.28 so far today. Volume today is 5,367,814 compared to average volume of 5,973,228. Click Here to get the full Stock Report for Ideanomics Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App