IDEXX Laboratories, Inc. (IDXX)

IDEXX Laboratories Stock Forecast

Stock Price Forecast

The 8 analysts that cover IDEXX Laboratories stock have a consensus rating of "Buy" and an average price target of $542.25, which forecasts a -0.08% decrease in the stock price over the next year. The lowest target is $475 and the highest is $580.

Price Target: $542.25 (-0.08%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$475	$542.25	$558	$580
Change	-12.48%	-0.08%	+2.82%	+6.87%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	1	1	1	1	1	1
Buy	4	4	4	4	4	4
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jonathan Block Stifel	Stifel	Hold Maintains $510 → $540	Hold	Maintains	$510 → $540	-0.50%	Jul 2, 2025
Daniel Clark Leerink Partners	Leerink Partners	Buy Maintains $515 → $580	Buy	Maintains	$515 → $580	+6.87%	Jun 11, 2025
Jonathan Block Stifel	Stifel	Hold Maintains $460 → $510	Hold	Maintains	$460 → $510	-6.03%	May 19, 2025
Erin Wright Morgan Stanley	Morgan Stanley	Buy Maintains $548 → $558	Buy	Maintains	$548 → $558	+2.82%	May 5, 2025
Michael Ryskin B of A Securities	B of A Securities	Hold Maintains $535 → $475	Hold	Maintains	$535 → $475	-12.48%	Apr 21, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.22B

Increased by 8.27%

from 3.90B

Revenue Next Year

4.55B

Increased by 7.73%

from 4.22B

EPS This Year

12.41

Increased by 16.27%

from 10.67

EPS Next Year

13.92

Increased by 12.22%

from 12.41

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	4.55B	4.93B
Revenue Growth	12.45%	18.80%	4.73%	8.72%	6.46%	8.27%	7.73%	8.34%
EPS	6.71	8.60	8.03	10.06	10.67	12.41	13.92	15.67
EPS Growth	37.22%	28.17%	-6.63%	25.28%	6.06%	16.27%	12.22%	12.55%
Forward PE	-	-	-	-	-	43.75	38.98	34.64
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	12.5%	12.1%	12.7%
Avg	8.3%	7.7%	8.3%
Low	3.3%	2.2%	1.6%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	13.04	14.63	16.65
Avg	12.41	13.92	15.67
Low	11.62	12.92	13.98

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	22.2%	18.0%	19.6%
Avg	16.3%	12.2%	12.5%
Low	8.9%	4.1%	0.5%

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.