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IDXX Overview

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ET
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Intellectia

Loading chart...

High
573.495
Open
567.410
VWAP
566.64
Vol
1.42M
Mkt Cap
44.45B
Low
562.890
Amount
803.01M
EV/EBITDA(TTM)
29.09
Total Shares
78.88M
EV
45.23B
EV/OCF(TTM)
37.38
P/S(TTM)
10.21
IDEXX Laboratories, Inc. develops, manufactures, and distributes products and provides services primarily for the companion animal veterinary; livestock, poultry and dairy; and water testing industries. It also manufactures and sells human medical point-of-care diagnostic products. Its products and services include point-of-care veterinary diagnostic products, comprised of instruments, consumables, and rapid assay test kits. It also includes veterinary reference laboratory diagnostic and consulting services. It offers practice management systems, software and diagnostic imaging systems and services used by veterinarians. It also offers health monitoring, biological materials testing, laboratory diagnostic instruments, and services used by the biomedical research community. The Company provides diagnostic and health-monitoring products for livestock, poultry, and dairy; and products that test water for certain microbiological contaminants.
Show More

Events Timeline

(ET)
2026-05-26
07:10:00
IDEXX Laboratories Expands Fecal Dx Testing Platform
select
2026-05-19 (ET)
2026-05-19
07:10:00
IDEXX Laboratories Integrates SDMA into Catalyst CLIPs
select
2026-05-05 (ET)
2026-05-05
06:50:00
FY26 Consensus Revenue Growth View Raised to 8.6%-10.6%
select
2026-05-05
06:40:00
IDEXX Reports Q1 Revenue of $1.14B, Exceeding Expectations
select
2026-04-01 (ET)
2026-04-01
05:20:00
Idexx Laboratories Launches Cancer Dx Panel in the UK
select

News

Yahoo Finance
5.0
05-27Yahoo Finance
IDEXX Integrates Kidney Disease Detector into Popular Test Profiles
  • Technology Integration: IDEXX announced the integration of the SDMA kidney biomarker into its most popular Catalyst CLIPs tests, set to roll out next month in the U.S. and Canada, enhancing diagnostic efficiency for veterinarians.
  • Early Detection Advantage: SDMA can detect kidney function decline at 25-40%, while traditional creatinine markers often only show issues at 75% decline, significantly increasing the potential for early intervention.
  • Cost Efficiency Improvement: The new system embeds SDMA data within Chem 11, Chem 16, and Chem 18 Catalyst CLIPs tests at no additional cost, streamlining testing processes for veterinarians and improving customer satisfaction.
  • Strategic Expansion: IDEXX CEO Mike Erickson emphasized that this move is part of the company's scaling strategy, further solidifying its leadership in the veterinary diagnostics market by integrating innovative diagnostic tools into existing platforms.
Newsfilter
5.0
05-19Newsfilter
IDEXX Integrates SDMA Biomarker into Catalyst for Enhanced Kidney Function Evaluation
  • Kidney Function Evaluation Upgrade: IDEXX announced the integration of the SDMA biomarker into Catalyst™ CLIPs, making kidney function evaluation part of the most common point-of-care chemistry profiles, with availability starting in June in the U.S. and Canada, significantly enhancing veterinarians' ability to identify kidney function loss earlier.
  • Clinical Importance Enhancement: Since the introduction of the IDEXX SDMA™ Test in 2015, approximately 119 million SDMA patient tests have been conducted globally, underscoring the test's broad adoption and clinical significance in kidney health evaluation, further solidifying IDEXX's leadership in the pet healthcare sector.
  • Early Intervention Potential: Studies indicate that including SDMA in routine testing enables earlier detection of significant declines in kidney function, allowing veterinarians to take action sooner, thereby improving health outcomes for pets and enhancing the long-term growth potential of veterinary practices.
  • Market Demand Response: IDEXX CEO Mike Erickson emphasized that the integration of SDMA not only improves workflow efficiency for veterinarians but also meets the urgent market demand for early kidney disease assessment by providing more clinically relevant diagnostic tools, further driving the company's strategic development in pet healthcare innovation.
Newsfilter
8.5
05-18Newsfilter
MindWalk Reports Significant Progress in Drug Development
  • Clinical Trial Count: MindWalk's antibody discovery efforts have led to over 20 partner-owned drug programs entering clinical trials, with ten currently in active Phase 1-3 trials, showcasing the company's robust R&D capabilities in biopharmaceuticals.
  • Establishing Scientific Standards: With over 400 peer-reviewed publications and patents, MindWalk has established a rare scientific standard in the industry, ensuring a consistent output of clinical-stage assets across multiple therapeutic areas for its partners.
  • Biological Intelligence Infrastructure: The HYFT® system and LensAI™ platform, developed as a purpose-built AI architecture, integrate biological pattern recognition technology, enhancing the efficiency and success rate of clinical asset development within MindWalk's antibody discovery engine.
  • Strategic Partnerships: MindWalk collaborates with several prominent biopharmaceutical companies, including Annexon Biosciences and argenx, further solidifying its market position and influence in the biopharmaceutical industry.
Newsfilter
1.0
05-14Newsfilter
IDEXX Announces 2026 Investor Day and Conference Participation
  • Executive Conference Participation: IDEXX's CEO Mike Erickson will participate in the Stifel Jaws & Paws Conference on May 27, 2026, showcasing the company's leadership in pet healthcare innovation, which is expected to attract investor interest and enhance the company's image.
  • Investor Day Announcement: IDEXX will host its 2026 Investor Day on August 13, 2026, at its headquarters in Maine, which is anticipated to strengthen relationships with institutional investors and provide in-depth insights into the company's future strategies.
  • Live Webcast Support: The live audio webcasts for both the conference and Investor Day will be available through IDEXX's website, ensuring global investors can access real-time information, thereby enhancing transparency and investor confidence.
  • Global Impact: IDEXX operates in over 175 countries with approximately 11,000 employees, continuously driving innovation in pet healthcare and public health, further solidifying its position within the S&P 500 Index.
seekingalpha
9.5
05-05seekingalpha
IDEXX Laboratories Q1 2026 Earnings Call Highlights
  • Significant Revenue Growth: IDEXX reported a 14% year-over-year revenue increase and an 11% organic growth in Q1 2026, with earnings per share at $3.47, reflecting the company's strong performance driven by innovation and a global customer base.
  • Strong Instrument Sales: CAG instrument revenues saw a 28% organic growth, primarily due to the strong sales of 1,100 IDEXX inVue Dx analyzers, indicating the company's increasing competitiveness in the high-end diagnostic equipment market.
  • International Market Expansion: The successful launch of Cancer Dx for canine lymphoma in Europe and Australia, with nearly 70% of tests run as part of a panel in North America, marks IDEXX's further penetration into global markets.
  • Optimistic Future Outlook: IDEXX raised its full-year revenue guidance for 2026 to between $4.675 billion and $4.760 billion, with expected earnings per share between $14.45 and $14.90, demonstrating management's confidence in future performance.
seekingalpha
9.5
05-05seekingalpha
IDEXX Laboratories Q1 Earnings Beat Expectations
  • Earnings Beat: IDEXX reported Q1 GAAP EPS of $3.47, exceeding expectations by $0.06, indicating sustained profitability and competitive strength in the market.
  • Significant Revenue Growth: The company achieved revenue of $1.14 billion, a 14.2% year-over-year increase, surpassing market expectations by $30 million, demonstrating strong product demand, particularly in the CAG Diagnostics segment.
  • 2026 Revenue Guidance Raised: IDEXX increased its 2026 revenue guidance to $4.675 billion to $4.76 billion, exceeding market consensus by $420 million, with expectations that CAG Diagnostics will drive continued growth, boosting investor confidence.
  • EPS Outlook Upgraded: The company raised its 2026 EPS outlook to $14.45 to $14.90, reflecting a $0.13 increase from prior guidance midpoint, supported by optimistic expectations for revenue growth and comparable operating margin expansion.
Wall Street analysts forecast IDXX stock price to rise
10 Analyst Rating
Wall Street analysts forecast IDXX stock price to rise
7 Buy
3 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
750.00
Averages
792.78
High
850.00
Current: 0.000
sliders
Low
750.00
Averages
792.78
High
850.00
BofA
Neutral
downgrade
$790 -> $660
AI Analysis
2026-05-05
Reason
BofA
Price Target
$790 -> $660
AI Analysis
2026-05-05
downgrade
Neutral
Reason
BofA lowered the firm's price target on Idexx Laboratories to $660 from $790 and keeps a Neutral rating on the shares. The firm sees today's Q1 beat as "demonstrating solid execution in tough markets," but is left with questions on both macro durability and the pace of inVue placements through the balance of the year given the still-challenging macro backdrop and Q1 inVue placements coming in a bit lighter than expected, the analyst tells investors.
UBS
Andrea Alfonso
Neutral
downgrade
$730 -> $640
2026-04-28
Reason
UBS
Andrea Alfonso
Price Target
$730 -> $640
2026-04-28
downgrade
Neutral
Reason
UBS analyst Andrea Alfonso lowered the firm's price target on Idexx Laboratories to $640 from $730 and keeps a Neutral rating on the shares. The Q1 earnings outlook is cautious amid softer macro conditions and declining vet visit trends, though U.S. pet results are expected to hold up, the analyst tells investors in a research note. The firm is "less confident" Idexx can preserve its outlook for the full-year given the tough consumer backdrop.
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Valuation Metrics

The current forward P/E ratio for IDEXX Laboratories Inc (IDXX.O) is 37.31, compared to its 5-year average forward P/E of 49.09. For a more detailed relative valuation and DCF analysis to assess IDEXX Laboratories Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
49.09
Current PE
37.31
Overvalued PE
60.89
Undervalued PE
37.28

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
34.19
Current EV/EBITDA
26.59
Overvalued EV/EBITDA
42.20
Undervalued EV/EBITDA
26.17

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
10.94
Current PS
8.50
Overvalued PS
13.34
Undervalued PS
8.54

Financials

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Whales Holding IDXX

A
Amundi Luxembourg S.A.
Holding
IDXX
+26.88%
3M Return
P
Performance Wealth Partners, LLC
Holding
IDXX
+17.50%
3M Return
K
KBC Asset Management NV
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+16.49%
3M Return
M
Macquarie Investment Management Business Trust
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+15.46%
3M Return
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+15.42%
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IDXX
+15.33%
3M Return

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Frequently Asked Questions

What is IDEXX Laboratories Inc (IDXX) stock price today?

The current price of IDXX is 563.53 USD — it has decreased -0.79

What is IDEXX Laboratories Inc (IDXX)'s business?

IDEXX Laboratories, Inc. develops, manufactures, and distributes products and provides services primarily for the companion animal veterinary; livestock, poultry and dairy; and water testing industries. It also manufactures and sells human medical point-of-care diagnostic products. Its products and services include point-of-care veterinary diagnostic products, comprised of instruments, consumables, and rapid assay test kits. It also includes veterinary reference laboratory diagnostic and consulting services. It offers practice management systems, software and diagnostic imaging systems and services used by veterinarians. It also offers health monitoring, biological materials testing, laboratory diagnostic instruments, and services used by the biomedical research community. The Company provides diagnostic and health-monitoring products for livestock, poultry, and dairy; and products that test water for certain microbiological contaminants.

What is the price predicton of IDXX Stock?

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 is792.78 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.

What is IDEXX Laboratories Inc (IDXX)'s revenue for the last quarter?

IDEXX Laboratories Inc revenue for the last quarter amounts to 1.14B USD, increased 14.26

What is IDEXX Laboratories Inc (IDXX)'s earnings per share (EPS) for the last quarter?

IDEXX Laboratories Inc. EPS for the last quarter amounts to 3.52 USD, increased 18.92

How many employees does IDEXX Laboratories Inc (IDXX). have?

IDEXX Laboratories Inc (IDXX) has 11000 emplpoyees as of May 31 2026.

What is IDEXX Laboratories Inc (IDXX) market cap?

Today IDXX has the market capitalization of 44.45B USD.