Ideanomics, Inc. (IDEX)

NASDAQ: IDEX · IEX Real-Time Price · USD
0.776
-0.084 (-9.74%)
At close: Jun 24, 2022 4:00 PM
0.780
+0.004 (0.490%)
After-hours: Jun 24, 2022 7:59 PM EDT
-9.74%
Market Cap 386.30M
Revenue (ttm) 101.67M
Net Income (ttm) -118.31M
Shares Out 497.68M
EPS (ttm) -0.29
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 59,404,178
Open 0.841
Previous Close 0.860
Day's Range 0.773 - 0.860
52-Week Range 0.510 - 3.150
Beta 0.12
Analysts Buy
Price Target 2.04 (+162.8%)
Earnings Date Jun 27, 2022

About IDEX

Ideanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides fintech services, which focuses on the enhancement of efficie... [Read more...]

Industry Software
Founded 2004
Employees 110
Stock Exchange NASDAQ
Ticker Symbol IDEX
Full Company Profile

Financial Performance

In 2020, Ideanomics's revenue was $26.76 million, a decrease of -39.96% compared to the previous year's $44.57 million. Losses were -$98.22 million, 0.55% more than in 2019.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for IDEX stock is "Buy." The 12-month stock price forecast is 2.04, which is an increase of 162.82% from the latest price.

Price Target
$2.04
(162.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why Is Ideanomics (IDEX) Stock Climbing Higher Today?

Ideanomics is partnering with a European firm on a battery assembly factory. IDEX stock has jumped about 20% in the last five trading days.

InoBat Auto and Ideanomics reveal plans to build R&D and battery production facilities in Indiana, USA, supported by ...

InoBat Auto, Ideanomics, and the State of Indiana declare ambitious EV electrification plans for the North American market. Within their strategic partnership, InoBat Auto and Ideanomics intend to: Open...

WAVE Bringing Wireless Depot Charging to Oregon with Expanded Order from Josephine Community Transit

Oregon transit agency looks to WAVE for simpler, space-saving wireless depot charging. The four 125kW wireless systems will replace the need for any plug-in chargers in Josephine Community Transit's depot.

Ideanomics Announces Conference Call to Update Investors on the VIA Motors Merger

NEW YORK , June 17, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company"), a global company focused on accelerating the adoption of commercial electric vehicles (EV), today anno...

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Other symbols: CIDMGHSIMUXRMOSENSSHIP

Energica Unveils `Experia´ - The All-New, Fully Electric Motorcycle That Gives the Ultimate Long-Distance Riding Expe...

The Experia Green Tourer Crossover Electric Motorcycle Provides Performance, Comfort, Styling and Features of a Traditional Sport-Touring Bike with the Longest Range of Any Electric Motorcycle  Experia ...

Ideanomics Energy Pens Agreement with Coast Counties Peterbilt to Deploy and Operate Green Charging Solutions

Ideanomics Energy will support Coast Counties Peterbilt's transition to electric fleet vehicles by providing renewable energy generation, energy storage systems, and DC fast charging infrastructure to d...

Ideanomics Announces Receipt of Notice from Nasdaq regarding late filing of Quarterly Report on Form 10-Q

NEW YORK , May 20, 2022 /PRNewswire/ --  Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced that on May 17, 2022 the Company received a notice (the "10-Q Notice") from the staff o...

WAVE Secures Follow-On Order from Twin Transit for Wireless Charging Systems

Twin Transit's second order signals the advancement of WAVE's market-leading technology with the addition of two WAVE 250kW systems at the Mellen Street e-Transit Station. The WAVE systems will power th...

US Hybrid Announces Near-Zero-Emission Natural Gas-Powered Parallel Hybrid Powertrain Technology for Drayage and Long...

US Hybrid will host a press conference on today's news at the Advanced Clean Transportation (ACT) Expo in Long Beach, Calif., at 2:15 p.m.

Solectrac Continues to Advance Fully Electric, Zero-Emissions Tractor Sales with New Dealer Retail Partnership in the...

SANTA ROSA, Calif. , April 26, 2022 /PRNewswire/ -- Solectrac , makers of all-electric tractors and an operating company of Ideanomics (NASDAQ: IDEX), announces the continued expansion of its certified ...

Ideanomics Helps Close Electric Vehicle Financing Gaps for New Jersey Small Businesses Participating in NJ ZIP

New Jersey Zero Emission Incentive Program (NJ ZIP) is a pilot program with a funding pool of over $44M to support small businesses in purchasing medium-duty zero-emissions vehicles While NJ ZIP covers ...

Ideanomics Analyst Day Unveils e-Mobility Vision Following the Acquisition of Energica Motor Company

The "EVolving the Road Ahead" event kicked off with a ceremonial ride through Times Square with Energica US CEO, Stefano Benatti,  Ideanomics Executive Chairman, Shane Mcmahon and President of Mobility,...

Ideanomics Announces State-of-the-Art EV Experience Center and U.S. Manufacturing Facility in New Jersey to Accelerat...

The Company's first-ever EV Experience Center, located in New Jersey, is set to be operational by EOY 2022 Ideanomics' full lineup of vehicle and charging offerings will be on display in the 4,000 squar...

WAVE to Expand Utah Facility to Increase Manufacturing Capacity for High-Power Wireless Vehicle Charging

WAVE's second facility located near its Utah headquarters to accommodate rapid growth in personnel, doubling current employee capacity for in-person work Facility will also accommodate development of 50...

Solectrac Announces Facility Expansion to Ramp Up Production and Support Growing Demand For the Company's Award-Winni...

The company recently moved into a 36,000 square-foot facility to expand its manufacturing and assembly capacity Solectrac is also expanding its North American dealer and distribution network Solectrac h...

Solectrac Announces Certified Dealer in Washington and Oregon to Service and Support Customers in the Pacific Northwest

SANTA ROSA, Calif. , March 31, 2022 /PRNewswire/ -- Solectrac , an electric tractor manufacturer and an operating company of Ideanomics (NASDAQ: IDEX), today announced it is expanding its sales and serv...

Here's Why Plug Power, Ideanomics And Virgin Galactic Shares Are Rising

Shares of several companies in the broader industrial space, including Plug Power Inc (NASDAQ: PLUG), Ideanomics Inc (NASDAQ: IDEX) and Virgin Galactic Holdings Inc (NYSE: SPCE), are trading higher amid...

Other symbols: PLUGSPCE

Ideanomics Finalizes Energica Motor Company Deal, Acquiring 70 Percent Ownership Stake in Pioneering High-Performance...

Company to Host Analyst and Investor Day and EV Product Showcase at the NASDAQ MarketSite in Times Square on April 11, 2022 NEW YORK , March 28, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global ...

Are These 3 Penny Stocks Worth Buying in Late March 2022?

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Other symbols: ASTRGOTU

Ideanomics Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Report on Form 10-K

NEW YORK , March 18, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced that it has received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq...

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Ideanomics Delays Filing of Annual Report on Form 10-K

NEW YORK, March 15, 2022 /PRNewswire/ --  Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") today announced that the filing of its Annual Report on Form 10-K for the year ended December 31, 2021...

Ideanomics Secures Threshold in Energica Motor Company SpA Voluntary Tender Offer

NEW YORK, March 7, 2022 /PRNewswire/ -- (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce that it has provisionally passed the 90% threshold securing 93.63% of Energica's shares thro...

Ideanomics Provides Update on Timing of Fourth-Quarter and Full-Year 2021 Earnings Call

NEW YORK, Feb. 25, 2022 /PRNewswire/ -- Ideanomics, Inc. (NASDAQ: IDEX) ("Ideanomics" or the "Company") will delay the release of its 2021 fourth-quarter and full-year financial results from the previou...