Technical Analysis
Based on the Fibonacci levels and technical indicators for IDXX:
News Analysis
Recent key developments:
Price Prediction for Next Week
Based on technical and news analysis:
Expected price movement:
Bearish scenario (60% probability): Price likely to test S1 at $415.78 due to:
Bullish scenario (40% probability): Price could reach R1 at $434.57 if:
Recommendation: SELL
The stock shows technical weakness and fundamental concerns about end-market demand that could pressure prices in the near term.
The price of IDXX is predicted to go up -3.8%, based on the high correlation periods with NOK. The similarity of these two price pattern on the periods is 93.41%.
IDXX
NOK
Year
IDXX Price Forecast($)
Potential Return(%)
2025
417.550
-0.120
2026
490.000
17.210
2027
520.000
24.390
2028
520.000
24.390
2029
650.000
55.480
2030
600.000
43.520
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.
Stifel
Price Target
$510 → $500
Upside
+5.65%