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IDXX Stock Chart & Stats
$550.01
$4.96(0.92%)
At close: 4:00 PM EDT
$550.01
$4.96(0.92%)
Day’s Range― - ―
52-Week Range$500.61 - $769.98
Previous CloseN/A
Volume437.38K
Average Volume (3M)458.40K
Market Cap
$40.84B
Enterprise Value$42.65B
Total Cash (Recent Filing)$196.93M
Total Debt (Recent Filing)$1.10B
Price to Earnings (P/E)36.4
Beta0.85
Next Earnings
Nov 02, 2026EPS Estimate
3.71Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)14.24
Shares Outstanding78,781,110
10 Day Avg. Volume416,597
30 Day Avg. Volume458,399
Financial Highlights & Ratios
PEG Ratio2.31
Price to Book (P/B)33.75
Price to Sales (P/S)12.59
P/FCF Ratio51.44
Enterprise Value/Market Cap1.04
Enterprise Value/Revenue9.37
Enterprise Value/Gross Profit15.00
Enterprise Value/Ebitda26.37
Forecast
1Y Price Target
$699.17Price Target Upside27.12% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)14.77
Revenue Forecast (FY)$4.72B
Bulls Say, Bears Say
Bulls Say
Recurring Diagnostics GrowthStrong recurring diagnostic growth demonstrates that IDEXX can expand testing revenue beyond underlying clinic visit trends. Installed instruments, consumables, pricing, and integrated workflows support repeat utilization, improving customer retention and creating a durable base for continued revenue growth.
Margin Expansion And ProfitabilityHigh gross margins and continued operating-margin expansion indicate durable pricing power, operating leverage, and cost control. These gains strengthen earnings resilience and provide capacity to fund research, commercial investment, and innovation while supporting sustained EPS growth.
Strong Free Cash FlowRobust free cash flow and high conversion of earnings support internal funding of innovation, commercial expansion, and capital returns without relying heavily on external financing. This cash-generation profile improves financial flexibility and reinforces the quality of reported profitability.
Bears Say
Weak U.S. Clinic And Wellness VisitsLower U.S. clinic and wellness visits can constrain diagnostic volumes because testing demand is linked to patient encounters. Management expects further U.S. clinical visit declines in the second half, creating a sustained headwind to near-term organic growth and utilization.
Foreign-Exchange ExposureIDEXX’s international operations create ongoing sensitivity to currency movements, which can reduce reported revenue and earnings even when local-currency demand remains healthy. This exposure adds uncertainty to guidance conversion and can dilute otherwise solid underlying operating performance.
Growth Normalization And Investment CostsA more mature growth profile may limit upside from top-line acceleration, while elevated investment spending can temper operating-margin expansion. Although these investments may support future products and capacity, they create pressure on near-term earnings leverage and execution.
Idexx Laboratories News
IDXX FAQ
What was Idexx Laboratories’s price range in the past 12 months?
Idexx Laboratories lowest stock price was $500.61 and its highest was $769.98 in the past 12 months.
What is Idexx Laboratories’s market cap?
Idexx Laboratories’s market cap is $40.84B.
When is Idexx Laboratories’s upcoming earnings report date?
Idexx Laboratories’s upcoming earnings report date is Nov 02, 2026 which is in 27 days.
How were Idexx Laboratories’s earnings last quarter?
Idexx Laboratories released its earnings results on Aug 04, 2026. The company reported $4.27 earnings per share for the quarter, beating the consensus estimate of $3.943 by $0.327.
Is Idexx Laboratories overvalued?
According to Wall Street analysts Idexx Laboratories’s price is currently Undervalued.
Does Idexx Laboratories pay dividends?
Idexx Laboratories does not currently pay dividends.
What is Idexx Laboratories’s EPS estimate?
Idexx Laboratories’s EPS estimate is 3.71.
How many shares outstanding does Idexx Laboratories have?
Idexx Laboratories has 78,781,110 shares outstanding.
What happened to Idexx Laboratories’s price movement after its last earnings report?
Idexx Laboratories reported an EPS of $4.27 in its last earnings report, beating expectations of $3.943. Following the earnings report the stock price went up 3.566%.
Which hedge fund is a major shareholder of Idexx Laboratories?
Currently, no hedge funds are holding shares in IDXX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Idexx Laboratories Stock Smart Score
Neutral
1
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3
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$699.17 (27.12% Upside)
$699.17 (27.12% Upside)
Blogger Sentiment
Bullish
IDXX Sentiment 73%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 42.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.3%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.21%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
3.35%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Idexx Laboratories
IDEXX Laboratories, Inc. is a global enterprise focused on creating, producing, and distributing a wide array of products and services. Its primary client base includes companion animal veterinary practices, the livestock and poultry industries, dairy operations, and water quality testing sectors. The company organizes its operations across several key divisions: the Companion Animal Group (CAG), Water Quality Products, Livestock, Poultry, and Dairy (LPD), and additional segments. For companion animals, IDEXX offers a comprehensive suite of point-of-care veterinary diagnostic tools, such as instruments, consumables, and rapid assay kits. It also provides reference laboratory diagnostic and consultation services, alongside practice management and diagnostic imaging solutions for veterinarians. Furthermore, the company supports the biomedical research community with health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services. In the livestock, poultry, and dairy markets, IDEXX supplies diagnostic and health-monitoring solutions. Its water testing portfolio includes products designed to detect various microbiological contaminants, notably the Colilert, Colilert-18, and Colisure tests for total coliforms and E. coli, as well as Enterolert, Pseudalert, Filta-Max, Filta-Max xpress, Legiolert, and Quanti-Tray products. Beyond these, IDEXX extends its reach to human point-of-care medical diagnostics, offering electrolyte and blood gas analyzers, and SARS-CoV-2 RT-PCR tests. Other key offerings encompass in-clinic chemistry, blood and urine chemistry, hematology, and SediVue Dx analyzers, as well as SNAP rapid assay test kits. Veterinary software and services for both independent clinics and large corporate veterinary groups are also part of its offerings. The company distributes its extensive product and service catalog through its own dedicated marketing, customer service, sales, and technical service teams, supplemented by independent distributors and other resellers. IDEXX Laboratories, Inc. was established in 1983 and maintains its headquarters in Westbrook, Maine.
IDXX Company Deck
IDXX Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strongly constructive operational and financial picture: solid organic revenue growth (~9% Q2), recurring CAG Diagnostics strength, robust margin and EPS expansion, strong free cash flow and aggressive capital returns, plus clear product and innovation momentum (inVue Dx, Cancer Dx, Catalyst SDMA). Offsetting items include continued pressure on U.S. clinic and wellness visits, a Q2 instrument revenue lap effect, foreign-exchange headwinds, and planned incremental investments that will temper near-term margin gains. Overall, the positive drivers — durable recurring revenue expansion, margin gains, cash generation, and multiple innovation milestones — materially outweigh the cited headwinds.View all IDXX earnings summariesIDXX Revenue Breakdown
91.86% CAG
4.67% Water
3.06% LPD
0.41% Other

IDXX Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$699.17
▲(27.12% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.23% Insiders
27.59% Mutual Funds
0.69% Other Institutional Investors
38.66% Public Companies and
Individual Investors









