NASDAQ:IDXX

IDEXX Laboratories - IDXX Price Target & Analyst Ratings

$495.40

+12.14 (+2.51%)

(As of 03/21/2023 12:00 AM ET)

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Today's Range: $486.29
▼
$496.69
50-Day Range: $454.86
▼
$514.59
52-Week Range: $317.06
▼
$560.92

Volume: 381,308 shs
Average Volume: 375,496 shs
Market Capitalization: $41.07 billion

P/E Ratio: 61.69
Dividend Yield: N/A
Price Target: $514.75

Institutional Ownership

IDEXX Laboratories Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 8 Analyst Ratings

Consensus Analyst Price Target

$514.75
3.91% Upside

High Prediction	$600.00
Average Prediction	$514.75
Low Prediction	$415.00

Type	Current 3/22/22 to 3/22/23	1 Month Ago 2/20/22 to 2/20/23	3 Months Ago 12/22/21 to 12/22/22	1 Year Ago 3/22/21 to 3/22/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$514.75	$514.75	$473.13	$702.40
Predicted Upside	3.91% Upside	13.87% Upside	19.75% Upside	10.18% Upside

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IDXX Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

IDXX Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

IDEXX Laboratories Stock vs. The Competition

Type	IDEXX Laboratories	Medical Companies	S&P 500
Consensus Rating Score	2.75	2.64	2.47
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	3.91% Upside	1,901.95% Upside	20.88% Upside
News Sentiment Rating	Positive News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/8/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$582.00 ➝ $590.00	+16.21%
2/7/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$525.00 ➝ $550.00	+13.28%
2/7/2023	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight	$470.00 ➝ $600.00	+23.58%
1/25/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$465.00 ➝ $530.00	+9.24%
11/15/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$573.00 ➝ $543.00	+23.80%
8/8/2022	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$500.00 ➝ $420.00	+2.40%

8/3/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$415.00	+1.30%
5/5/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$550.00 ➝ $470.00	+14.27%
2/2/2022	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Daniels Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
8/13/2021	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$735.00 ➝ $770.00	+13.96%
7/12/2021	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral

(Data available from 3/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

IDXX Price Target - Frequently Asked Questions

What is IDEXX Laboratories's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for IDEXX Laboratories stock is Moderate Buy based on the current 2 hold ratings and 6 buy ratings for IDXX. The average twelve-month price prediction for IDEXX Laboratories is $514.75 with a high price target of $600.00 and a low price target of $415.00. Learn more on IDXX's analyst rating history.
Do Wall Street analysts like IDEXX Laboratories more than its competitors?: Analysts like IDEXX Laboratories more than other Medical companies. The consensus rating for IDEXX Laboratories is Moderate Buy while the average consensus rating for medical companies is Buy. Learn more on how IDXX compares to other companies.
Does IDEXX Laboratories's stock price have much upside?: According to analysts, IDEXX Laboratories's stock has a predicted upside of 13.87% based on their 12-month price targets.

What analysts cover IDEXX Laboratories?: IDEXX Laboratories has been rated by Atlantic Securities, Barclays, JPMorgan Chase & Co., and The Goldman Sachs Group in the past 90 days.

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This page (NASDAQ:IDXX) was last updated on 3/22/2023 by MarketBeat.com Staff

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