Ideanomics (IDEX) stock forecast for 2023. Forecast tables and graphs.

Ideanomics (IDEX) stock forecast for 2023

Last update: 08-15-2022, 10:49

Sector: Technology

The share price of Ideanomics, Inc. (IDEX) now

What analysts predict:: $1

52-week high/low: $2.53 / $0.507

50/200 Day Moving Average: $0.698 / $1.02

This figure corresponds to the average price over the previous 50/200 days. For Ideanomics stocks, the 50-day moving average is the support level today.

For Ideanomics stocks, the 200-day moving average is the resistance level today.

Are you interested in Ideanomics stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Ideanomics stock price in 2023. How much will one Ideanomics share be worth in 2023?

Is it worth taking profit / loss on Ideanomics stock now or waiting? What are analysts' forecasts for Ideanomics stock?

We forecast Ideanomics stock performance using neural networks based on historical data on Ideanomics stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Ideanomics stock prediction results are shown below and presented as a graph, table and text information.

Ideanomics stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Ideanomics analysts is $1.

Today 200 Day Moving Average is the resistance level (1.02 $).

50 Day Moving Average is the support level (0.698 $).




Historical and forecast chart of Ideanomics stock

The chart below shows the historical price of Ideanomics stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Ideanomics stock price can be found in the table below.

Ideanomics (IDEX) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 0.68 0.62 0.75 18.19 %
Feb 0.66 0.58 0.72 19.65 %
Mar 0.74 0.69 0.82 15.57 %
Apr 0.77 0.67 0.80 16.36 %
May 0.78 0.73 0.84 12.61 %
Jun 0.86 0.75 0.94 20.05 %
Jul 0.82 0.72 0.92 21.94 %
Aug 0.76 0.71 0.83 15.36 %
Sep 0.88 0.76 0.95 20.08 %
Oct 0.92 0.85 0.99 13.43 %
Nov 1.04 0.96 1.11 13.94 %
Dec 1.00 0.90 1.08 16.04 %

Ideanomics information and performance

Ideanomics, Inc. “It is a global company specializing in promoting the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The firm operates through the Mobile Energy Global (MEG) and Ideanomics Capital business units. Its electric vehicle division, MEG, provides group discounts on commercial electric vehicles, EV batteries and electricity, and financial and charging solutions. Ideanomics Capital includes DBOT ATS and Intelligenta, which provide AI and blockchain based financial services solutions. The company was founded by Neck B. McMahon on October 19, 2004 and is headquartered in New York, NY.

Ideanomics Address

55 BROADWAY, 19TH FLOOR, NEW YORK, NY, US

Market Capitalization: 353 652 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: -61 832 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.294

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A

Quarterly Revenue Growth YOY: 1.547

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 0.379

Enterprise Value (EV) /Revenue

EV To EBITDA: -0.31

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 497681000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Ideanomics price target for 2021 by month


Target values for the price of one Ideanomics share for Jan 2023.

The weighted average target price per Ideanomics share in Jan 2023 is: 0.68. In Jan, the negative dynamics for Momo shares will prevail with possible monthly volatility of 18.195% volatility is expected.

Pessimistic target level: 0.62

Optimistic target level: 0.75


Target values for the price of one Ideanomics share for Feb 2023.

The weighted average target price per Ideanomics share in Feb 2023 is: 0.66. In Feb, the negative dynamics for Momo shares will prevail with possible monthly volatility of 19.651% volatility is expected.

Pessimistic target level: 0.58

Optimistic target level: 0.72


Target values for the price of one Ideanomics share for Mar 2023.

The weighted average target price per Ideanomics share in Mar 2023 is: 0.74. In Mar, the positive dynamics for Momo shares will prevail with possible monthly volatility of 15.570% volatility is expected.

Pessimistic target level: 0.69

Optimistic target level: 0.82


Target values for the price of one Ideanomics share for Apr 2023.

The weighted average target price per Ideanomics share in Apr 2023 is: 0.77. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 16.364% volatility is expected.

Pessimistic target level: 0.67

Optimistic target level: 0.80


Target values for the price of one Ideanomics share for May 2023.

The weighted average target price per Ideanomics share in May 2023 is: 0.78. In May, the positive dynamics for Momo shares will prevail with possible monthly volatility of 12.614% volatility is expected.

Pessimistic target level: 0.73

Optimistic target level: 0.84


Target values for the price of one Ideanomics share for Jun 2023.

The weighted average target price per Ideanomics share in Jun 2023 is: 0.86. In Jun, the positive dynamics for Momo shares will prevail with possible monthly volatility of 20.048% volatility is expected.

Pessimistic target level: 0.75

Optimistic target level: 0.94


Target values for the price of one Ideanomics share for Jul 2023.

The weighted average target price per Ideanomics share in Jul 2023 is: 0.82. In Jul, the negative dynamics for Momo shares will prevail with possible monthly volatility of 21.936% volatility is expected.

Pessimistic target level: 0.72

Optimistic target level: 0.92


Target values for the price of one Ideanomics share for Aug 2023.

The weighted average target price per Ideanomics share in Aug 2023 is: 0.76. In Aug, the negative dynamics for Momo shares will prevail with possible monthly volatility of 15.358% volatility is expected.

Pessimistic target level: 0.71

Optimistic target level: 0.83


Target values for the price of one Ideanomics share for Sep 2023.

The weighted average target price per Ideanomics share in Sep 2023 is: 0.88. In Sep, the positive dynamics for Momo shares will prevail with possible monthly volatility of 20.081% volatility is expected.

Pessimistic target level: 0.76

Optimistic target level: 0.95


Target values for the price of one Ideanomics share for Oct 2023.

The weighted average target price per Ideanomics share in Oct 2023 is: 0.92. In Oct, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.433% volatility is expected.

Pessimistic target level: 0.85

Optimistic target level: 0.99


Target values for the price of one Ideanomics share for Nov 2023.

The weighted average target price per Ideanomics share in Nov 2023 is: 1.04. In Nov, the positive dynamics for Momo shares will prevail with possible monthly volatility of 13.937% volatility is expected.

Pessimistic target level: 0.96

Optimistic target level: 1.11


Target values for the price of one Ideanomics share for Dec 2023.

The weighted average target price per Ideanomics share in Dec 2023 is: 1.00. In Dec, the negative dynamics for Momo shares will prevail with possible monthly volatility of 16.038% volatility is expected.

Pessimistic target level: 0.90

Optimistic target level: 1.08




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.