IDXX.O Hits 52-Week High Amid Tech Sector Struggles
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 24 Nov 25
Source: Benzinga
Shares of IDXX.O reached a 52-week high today, defying the broader trend in the tech sector, which has faced significant headwinds this November. Despite a generally negative market sentiment and ongoing economic pressures such as rising inflation and interest rates, IDXX.O's performance stands out as a beacon of resilience. Analysts attribute this breakout to strong fundamentals and investor confidence in the company's growth prospects, even as the tech industry grapples with declines. As market watchers continue to assess the potential for recovery or further downturns, IDXX.O's upward movement may signal a divergence from the prevailing bearish trends affecting many of its peers.
Analyst Views on IDXX
Wall Street analysts forecast IDXX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for IDXX is 792.78 USD with a low forecast of 750.00 USD and a high forecast of 850.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 687.740
Low
750.00
Averages
792.78
High
850.00
Current: 687.740
Low
750.00
Averages
792.78
High
850.00
About IDXX
IDEXX Laboratories, Inc. develops, manufactures and distributes products and provides services primarily for the companion animal veterinary, livestock and poultry, dairy and water testing industries. The Company also provides human medical point-of-care and laboratory diagnostics. Its segments include Companion Animal Group (CAG), Water quality products (Water), and Livestock, Poultry and Dairy (LPD). The CAG segment offers diagnostic and information management-based products and services for the companion animal veterinary industry, including in-clinic diagnostic solutions, outside reference laboratory services, and veterinary software and services. The Water segment provides testing solutions for accurate detection and quantification of various microbiological parameters in water. The LPD segment provides diagnostic tests, services, and related instrumentation that are used to manage the health status of livestock and poultry, and to improve the quality and safety of milk.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
