Will Ideanomics Stock Go Up?

Will Ideanomics stock go up? Ideanomics stock forecast 2021-2025

In 2023, the forecasting company sees IDEX stock moving mostly sideways and ending the year at $1.921. Not much movement is expected for 2024 and 2025 either, with the stock expected to trade around the $1.9 mark.

Is IDEX a good stock to invest?

The financial health and growth prospects of IDEX, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

What is IDEX price prediction?

DigitalCoin IDEX Price Forecast for 2021, 2022, 2023, 2025. In DigitalCoin analysis, the price of IDEX cryptocurrency will rise in the next 5 years starting from $0.2770272 as of today's price to $0.8843166. It will go up to $0.4659217 by 2022 and continue its growth in 2023-2024.

Is IDEX still a buy?

Roth Capital is very positive about IDEX and gave it a "Buy" rating on Apr 20, 2021.

Is IDEX a legit company?

Ideanomics (IDEX) is one of the most suspicious stocks trading on the market today. If you're looking for a suspicious stock trading on sentiment, but not backed by reality, look no further.

Related investments for Will Ideanomics Stock Go Up?

What will IDEX do?

We illuminate and measure DNA material for medical research. Our IDEX Health & Science fluidics/optics and photonics products work together to create high-end solutions which move biological samples around instruments for analysis.

What happened to Ideanomics?

The company was founded in 2004 by Shane McMahon. In June 2021, the company was included in the broad-market Russell 3000 Index. In the same month, it also acquired US Hybrid, zero-emission vehicle manufacturer. In August 2021, it acquired Via Motors for USD 630 million.

Is IDEX a pump and dump?

Hindenburg views IDEX stock as a pump-and-dump scheme “resulting in major shareholder losses or regulatory intervention.”

What exactly is Ideanomics?

Ideanomics, Inc. operates as a financial technology company. The Company focuses on facilitating the adoption of commercial electric vehicles and developing next-generation financial services and Fintech products.

Where is Ideanomics located?

The company is headquartered in New York, NY, with global operations in the U.S., China, Ukraine, Malaysia, and UK.

Who is Ideanomics competition?

Ideanomics's competitors

Ideanomics's top competitors include Satoshi Systems, Shoptaki, HashKey and Tribal Credit. Ideanomics is a company that is focused on digital asset production and distribution. Satoshi Systems is a company that delivers digital solutions for end-to-end commodity supply chain operations.

Who is buying from Ideanomics?

Ideanomics stock shoots up after deal to buy VIA Motors in a $450 million stock deal.

Is Ideanomics a penny stock?

Ideanomics Inc. is a penny stock that has seen substantial movement in the past few months. This company operates in two distinct sectors. The company introduced its new JUSTLY Markets platform for transparent ESG-based investing and fundraising at the end of last week.

Is IDEX a penny stock?

(NASDAQ: IDEX) Ideanomics Inc. is a penny stock that we have covered countless times over the past few months. If you're not familiar with Ideanomics, its focus is on the adoption of commercial electric vehicles and on budding financial tech solutions.

Is Ideanomics an EV company?

Ideanomics, a fintech and electric mobility firm based in New York, has added to its list of acquisitions: commercial electric vehicle manufacturer Via Motors (in an all-stock deal valued at $450 million).

How many people work for Ideanomics?

Year Revenue
2018 377.74
2019 44.57
2020 26.76

When did Ideanomics go public?

IDEX shares began trading publicly on the New York Stock Exchange on June 2, 1989. What was the IPO price? IDEX originally offered 3.3 million common shares at an initial price of $14.50.

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