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Ideanomics (IDEX) stock forecast for 2024
Updated: October 12, 2024 (11:16)
Sector: TechnologyThe share price of Ideanomics, Inc. (IDEX) now
50/200 Day Moving Average: $0.226 / $0.811
This figure corresponds to the Average Price over the previous 50/200 days. For Ideanomics stocks, the 50-day moving average is the resistance level today.
For Ideanomics stocks, the 200-day moving average is the resistance level today.
Are you interested in Ideanomics, Inc. 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 2024. How much will one Ideanomics share be worth in 2024? Is it worth taking profit / loss on IDEX stock now or waiting? What are analysts' forecasts for Ideanomics stock?
We forecast Ideanomics stock performance using neural networks based on historical data on IDEX stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.
Ideanomics, Inc. 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 (0.811 $). 50 Day Moving Average is the resistance level (0.226 $).
Historical and forecast chart of Ideanomics, Inc. 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 IDEX stock price can be found in the table below.
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.
Trending Themes in the Technology Sector
Ideanomics (IDEX) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Nov | 0.20 | 0.18 | 0.23 | 22.79 % |
| Dec | 0.23 | 0.21 | 0.26 | 17.72 % |
Ideanomics information and performance
55 BROADWAY, 19TH FLOOR, NEW YORK, NY, US
Market capitalization of the Ideanomics, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of IDEX shares in the company outstanding by the market price of one share.
EBITDA of Ideanomics is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
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.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
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 P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
Ideanomics price target for 2024 by month
Target values for the price of one Ideanomics share for Nov 2024.
In Nov, the Positive dynamics for Ideanomics, Inc. shares will prevail with possible monthly volatility of 22.787% volatility is expected.
Pessimistic target level: 0.18
Optimistic target level: 0.23
Target values for the price of one Ideanomics share for Dec 2024.
In Dec, the Positive dynamics for Ideanomics, Inc. shares will prevail with possible monthly volatility of 17.718% volatility is expected.
Pessimistic target level: 0.21
Optimistic target level: 0.26
