IDEX Stock Overview
Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia, Europe, and the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Ideanomics, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.83 |
| 52 Week High | US$16.13 |
| 52 Week Low | US$0.75 |
| Beta | 0.57 |
| 1 Month Change | -11.49% |
| 3 Month Change | -25.86% |
| 1 Year Change | -81.07% |
| 3 Year Change | -99.76% |
| 5 Year Change | -99.56% |
| Change since IPO | -99.99% |
Recent News & Updates
Recent updates
Market Cool On Ideanomics, Inc.'s (NASDAQ:IDEX) Revenues Pushing Shares 36% Lower
Apr 17
Ideanomics: Investing In EV Is A Waiting Game
Oct 20Ideanomics, Solectrac secured new business contracts to supply electric tractors to major fleet operators
Oct 04Ideanomics to establish in-house design capabilities
Sep 26Ideanomics adds new dealers for Solectrac e-tractors
Sep 19Ideanomics reports Q2 GAAP EPS of -$0.08, revenue of $34.2M
Sep 09Ideanomics GAAP EPS of -$0.57, revenue of $114.08M
Sep 02Ideanomics' Solectrac adds new dealer partners in Florida and Ohio
Aug 02Solectrac, an operating company of Ideanomics partners with Nolan manufacturing to meet increasing electric tractor demands
Jul 12Ideanomics: A High-Risk EV Play
Jan 18Ideanomics Has Potential For Powerful Long-Term Growth And Diversification
Nov 29Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?
Oct 28Does Ideanomics (NASDAQ:IDEX) Have A Healthy Balance Sheet?
Jul 15New Forecasts: Here's What Analysts Think The Future Holds For Ideanomics, Inc. (NASDAQ:IDEX)
May 24What Is The Ownership Structure Like For Ideanomics, Inc. (NASDAQ:IDEX)?
Feb 04Ideanomics inks agreement to acquire Utah-based wireless charging provider, WAVE
Jan 05Ideanomics' rallies on MEG's agreement for 2K units of EV, BYD D1
Dec 28Ideanomics' Long-Term Potential Boosted By MEG Growth And Acquisitions
Dec 21I Can't Justify The Valuation Of Ideanomics, Inc.
Dec 17Ideanomics higher on MEG's November sales activity
Dec 15Can You Imagine How Jubilant Ideanomics' (NASDAQ:IDEX) Shareholders Feel About Its 156% Share Price Gain?
Dec 08
Ideanomic's Treeletrik appoints Richard Teoh as CFO
Dec 02Ideanomics rallies on increasing stake in e-Tractor company Solectrac
Nov 23Shareholder Returns
| IDEX | US Machinery | US Market | |
|---|---|---|---|
| 7D | 3.8% | -2.4% | -3.2% |
| 1Y | -81.1% | 26.7% | 19.3% |
Return vs Industry: IDEX underperformed the US Machinery industry which returned 26.7% over the past year.
Return vs Market: IDEX underperformed the US Market which returned 19.3% over the past year.
Price Volatility
| IDEX volatility | |
|---|---|
| IDEX Average Weekly Movement | 20.6% |
| Machinery Industry Average Movement | 4.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: IDEX's share price has been volatile over the past 3 months.
Volatility Over Time: IDEX's weekly volatility (21%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2004 | 565 | Alf Poor | www.ideanomics.com |
Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia, Europe, and the United States. The company’s Ideanomics Mobility business unit focuses on the commercial adoption of electric vehicles (EV) by commercial fleet operators. This business unit provides solutions for the procurement, financing, charging, and energy management needs for the fleet operators of commercial EVs; and zero emission mobility solutions, such as the provision of commercial electric vans, trucks, buses, electric tractors, and two-wheeled transportation, supporting by the provision of energy services and infrastructure for the EV market comprising charging systems, energy storage, and energy generation, including hydrogen and solar, and associated data and management applications.
Ideanomics, Inc. Fundamentals Summary
| IDEX fundamental statistics | |
|---|---|
| Market cap | US$9.96m |
| Earnings (TTM) | -US$335.91m |
| Revenue (TTM) | US$93.64m |
0.1x
P/S Ratio0.0x
P/E RatioIs IDEX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IDEX income statement (TTM) | |
|---|---|
| Revenue | US$93.64m |
| Cost of Revenue | US$96.82m |
| Gross Profit | -US$3.18m |
| Other Expenses | US$332.72m |
| Earnings | -US$335.91m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -28.00 |
| Gross Margin | -3.40% |
| Net Profit Margin | -358.74% |
| Debt/Equity Ratio | 78.1% |
How did IDEX perform over the long term?
See historical performance and comparison