IDEXX Laboratories Appoints Michael Erickson as CEO Effective May 12, 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2026
0mins
Source: NASDAQ.COM
- Executive Transition: IDEXX announced that Michael Erickson will become CEO on May 12, 2026, succeeding the retiring Jonathan Mazelsky, ensuring a smooth leadership transition for the company.
- Board Role: Alongside his CEO position, Erickson will join the Board, leveraging his extensive experience in healthcare technology to drive the company's strategic initiatives.
- Leadership Experience: Since joining IDEXX in 2011, Erickson has held various senior roles, particularly excelling in the Global Point of Care Diagnostics and Telemedicine sectors, showcasing his deep industry background.
- Transition Support: Mazelsky plans to retire at the 2027 annual shareholder meeting and will work closely with Erickson during this period to ensure a seamless transfer of leadership and maintain operational continuity.
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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.
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