Ideanomics, Inc. (IDEX)

NASDAQ: IDEX · IEX Real-Time Price · USD
0.115
+0.003 (2.31%)
At close: Mar 28, 2023, 4:00 PM
0.113
-0.002 (-1.74%)
Pre-market: Mar 29, 2023, 6:09 AM EDT
2.31%
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]

Sector Industrials
Founded 2004
Employees 559
Stock Exchange NASDAQ
Ticker Symbol IDEX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$1.02
(786.96% upside)
Analyst Consensus: Sell
Stock Forecasts

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...

14 hours ago - PRNewsWire

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...

23 hours ago - PRNewsWire

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...

1 week ago - PRNewsWire

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...

1 week ago - PRNewsWire

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...

2 weeks ago - PRNewsWire

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...

2 weeks ago - PRNewsWire

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...

2 weeks ago - PRNewsWire

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 ...

3 weeks ago - PRNewsWire

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 ...

3 weeks ago - PRNewsWire

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...

3 weeks ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

Other symbols: AIDUOTGFAIPOAISOUN
1 month ago - InvestorPlace

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 ...

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - InvestorPlace

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....

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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....

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire