Technical Analysis: IDXX is currently trading at $452.77, showing mixed technical signals. RSI-14 at 55.20 indicates neutral momentum. The stock is trading above its 60-day SMA ($432.36) but below its 200-day SMA ($466.21), suggesting a medium-term uptrend but longer-term weakness.
Price Target Analysis:
News Sentiment & Analyst Views:
Next Week Price Prediction: Based on technical indicators and analyst consensus:
Trading Recommendation: HOLD
The price of IDXX is predicted to go up -6.22%, based on the high correlation periods with RH. The similarity of these two price pattern on the periods is 97.25%.
IDXX
RH
Year
IDXX Price Forecast($)
Potential Return(%)
2025
417.550
-0.120
2026
500.000
18.470
2027
550.000
30.320
2028
550.000
30.320
2029
650.000
54.010
2030
650.000
54.010
Unlike human healthcare, pet health services and products require cash payments-thereby bypassing the reimbursement issues and pricing pressure associated with third-party payers.
Anecdotal information from vets suggests that Idexx's well-integrated and user-friendly practice management software helps hospitals switch to and stick with Idexx's products and services.
Idexx's sales and customer support staff garner high marks for providing high-touch service to vet practices.
Piper Sandler
2025-02-10
Price Target
$435 → $510
Upside
+13.57%
Leerink Partners
2024-12-02
Price Target
$500
Upside
+15.71%
Piper Sandler
2024-11-04
Price Target
$520 → $435
Upside
+4.57%