IDEXX Laboratories, Inc. (IDXX)

IDEXX Laboratories Stock Forecast

Stock Price Forecast

According to 8 professional analysts, the 12-month price target for IDEXX Laboratories stock ranges from a low of $500 to a high of $580. The average analyst price target of $536 forecasts a 3.76% increase in the stock price over the next year.

Price Target: $536.00 (+3.76%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$500	$536	$535	$580
Change	-3.21%	+3.76%	+3.56%	+12.27%

Analyst Ratings

The average analyst rating for IDEXX Laboratories stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25	May '25
Strong Buy	2	1	1	1	1	1
Buy	4	4	4	4	4	4
Hold	2	2	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	7	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Block Stifel	Stifel	Hold Maintains $460 → $510	Hold	Maintains	$460 → $510	-1.28%	May 19, 2025
Erin Wright Morgan Stanley	Morgan Stanley	Buy Maintains $548 → $558	Buy	Maintains	$548 → $558	+8.01%	May 5, 2025
Jonathan Block Stifel	Stifel	Hold Maintains $450 → $420	Hold	Maintains	$450 → $420	-18.70%	Apr 14, 2025
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $435 → $510	Hold	Maintains	$435 → $510	-1.28%	Feb 10, 2025
Balaji Prasad Barclays	Barclays	Buy Maintains $481 → $520	Buy	Maintains	$481 → $520	+0.66%	Feb 4, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.22B

Increased by 8.17%

from 3.90B

Revenue Next Year

4.54B

Increased by 7.61%

from 4.22B

EPS This Year

12.38

Increased by 16.04%

from 10.67

EPS Next Year

13.89

Increased by 12.21%

from 12.38

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.71B	3.22B	3.37B	3.66B	3.90B	4.22B	4.54B	4.92B
Revenue Growth	12.45%	18.80%	4.73%	8.72%	6.46%	8.17%	7.61%	8.40%
EPS	6.71	8.60	8.03	10.06	10.67	12.38	13.89	15.61
EPS Growth	37.22%	28.17%	-6.63%	25.28%	6.06%	16.04%	12.21%	12.38%
Forward PE	-	-	-	-	-	41.72	37.18	33.08
No. Analysts	-	-	-	-	-	17	17	12

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	4.4B	4.7B	5.1B
Avg	4.2B	4.5B	4.9B
Low	4.0B	4.3B	4.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	12.3%	12.1%	12.4%
Avg	8.2%	7.6%	8.4%
Low	3.3%	2.3%	1.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	12.93	14.46	16.65
Avg	12.38	13.89	15.61
Low	11.62	12.92	13.98

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	21.1%	16.8%	19.9%
Avg	16.0%	12.2%	12.4%
Low	8.9%	4.3%	0.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.