Analyst Price Target is $3.00
▲ +352.76% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Ideanomics in the last 3 months. The average price target is $3.00, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 352.76% upside from the last price of $0.66.
Current Consensus is
The current consensus among 2 investment analysts is to buy stock in Ideanomics. This rating has held steady since January 2022, when it changed from a Hold consensus rating.
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 efficiency, transparency, and profitability for the financial services industry. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.