Ideanomics, Inc. (IDEX)
Market Cap | 81.54M |
Revenue (ttm) | 110.12M |
Net Income (ttm) | -298.81M |
Shares Out | 709.08M |
EPS (ttm) | -0.64 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 8,489,767 |
Open | 0.114 |
Previous Close | 0.112 |
Day's Range | 0.110 - 0.116 |
52-Week Range | 0.100 - 1.150 |
Beta | 0.56 |
Analysts | Sell |
Price Target | 1.02 (+786.96%) |
Earnings Date | Mar 28, 2023 |
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]
Financial Performance
In 2021, Ideanomics's revenue was $114.08 million, an increase of 326.32% compared to the previous year's $26.76 million. Losses were -$256.73 million, 129.7% more than in 2020.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for IDEX stock is "Sell." The 12-month stock price forecast is $1.02, which is an increase of 786.96% from the latest price.
News

Ideanomics Provides Update on Timing of Fourth-Quarter and Full-Year 2022 Earnings Call Details
NEW YORK , March 28, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") announces that the conference call to discuss its fourth quarter and full year 2022 financial result...

Ideanomics consolidates its portfolio of charging solutions for commercial EVs into one brand - WAVE Charging
NEW YORK , March 28, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of zero-emission vehicles, today announced that the company has c...

Fenton Mobility Products selects Ideanomics as its partner to bring hydrogen-powered transit buses to New York
NEW YORK , March 16, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of zero-emission vehicles, today announced that the company has b...

Ideanomics subsidiary Energica announces new partnerships to develop all-electric solutions for aviation
NEW YORK , March 15, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of zero-emission vehicles, today announced that its subsidiary Ene...

Ideanomics subsidiary Energica brings a better electric motorcycle to Japan, Australia and Pakistan
NEW YORK , March 14, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced that its subsidiary Ene...

Made in California: Ideanomics subsidiary US Hybrid and Global Environmental Products begin manufacturing 18 zero-emission street sweepers for Caltrans
NEW YORK , March 9, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced that manufacturing has s...

Ideanomics' subsidiary Energica progresses with the next phase of its headquarters expansion in Italy
NEW YORK , March 8, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced that its subsidiary Ener...

Ideanomics subsidiary US Hybrid, Mi-Jack to develop hydrogen powered rubber tire gantry crane
NEW YORK , March 6, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of zero emission vehicles, today announced that its subsidiary US ...

Solectrac Electric Tractors Join Farmers for Climate Action, Urging Policymakers to Pay Attention
NEW YORK , March 3, 2023 /PRNewswire/ -- Solectrac Electric Tractors, a subsidiary of Ideanomics (Nasdaq: IDEX), will join "Farmers for Climate Action: Rally for Resilience," a grassroots alliance of ...

Ideanomics subsidiary Energica selected by a global OEM to develop a new electric platform for off-road vehicles
NEW YORK , March 2, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of zero-emission vehicles, today announced that its subsidiary Ene...

A Better EV for fleet operators: Ideanomics, VIA Motors bring the pioneering VTRUX® platform to Work Truck Week
NEW YORK , Feb. 28, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), and its subsidiary VIA Motors, a U.S. ba...

Ideanomics to Announce Fourth-Quarter and Full-Year 2022 Earnings on March 15, 2023
NEW YORK , Feb. 15, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") is pleased to announce the release of its 2022 fourth-quarter and full year financial results on Wedn...

Ideanomics, MAHLE form strategic partnership to bring the advanced chargeBIG solution to North America, targeting commercial EV fleets
NEW YORK , Feb. 8, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced that it has formed a str...

7 AI Penny Stocks to Watch as a New Bull Market Emerges
Roughly a month into 2023, it's already clear that artificial intelligence (AI) is this year's first market boom. Since OpenAI launched ChatGPT, investors haven't been able to ignore the power of this...

Ideanomics Appoints New Chief Operating Officer and Chief Commercial Officer
NEW YORK , Jan. 30, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles, announced today that Robin Mackie has been ...

Ideanomics subsidiary Energica Motor Company achieves a 52% increase in global unit sales in 2022 vs. 2021
Future orders in 2022 for all models are up 70% vs. last year.

7 Artificial Intelligence Stocks Under $10 for Your 2023 Watch List
There is no denying that Artificial Intelligence (AI) will have a monumental impact on our lives in the upcoming decades. AI has the potential to completely revolutionize how we live and work, allowin...

Ideanomics' Subsidiary U.S. Hybrid Expands Partnership with Toyota Tsusho America, Inc. to Convert Existing Diesel Port Vehicles and Equipment to Hydrogen-Powered
NEW YORK , Dec. 20, 2022 /PRNewswire/ -- Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary U.S....

Ideanomics subsidiary Energica strengthens its position in the ASEAN region with entry into high-value Japanese, Australian markets
NEW YORK , Dec. 12, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Ene...

Ideanomics, Energica secure third-party financing to accelerate the growth of Energica's U.S. dealer network
NEW YORK , Nov. 30, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Ener...

A-1 Alternative Fuel Systems, Ideanomics to build two zero-emission fuel cell electric shuttle buses
NEW YORK , Nov. 21, 2022 /PRNewswire/ -- Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary U.S....

Ideanomics receives NASDAQ extension to comply with Bid Price Rule and secures additional funding to increase EV and charging sales in the United States and Europe
NEW YORK , Nov. 18, 2022 /PRNewswire/ -- Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that it has received not...

VIA Motors and EAVX announce partnership for development of Class 2b Proxima Van
The two companies will work to develop Class 2-5 electric work trucks, beginning with a class 2b delivery van. Initial proofs of concept will be available in the first half of 2023.

Ideanomics secures third-party financing to accelerate the growth of Solectrac's dealer network
NEW YORK , Nov. 14, 2022 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Sole...

From the racetrack to the farm: Ideanomics, Energica and Solectrac to design a new generation of electric tractors featuring technology from the world's best electric motorcycle
NEW YORK , Nov. 10, 2022 /PRNewswire/ -- Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that Energica, through i...