IDEX (NYSE:IEX – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.070-2.120 for the period, compared to the consensus earnings per share estimate of 2.090. The company issued revenue guidance of -. IDEX also updated its FY 2026 guidance to 8.350-8.550 EPS.
Analysts Set New Price Targets
Several research firms have commented on IEX. Weiss Ratings reiterated a “hold (c)” rating on shares of IDEX in a research note on Monday, April 20th. TD Cowen boosted their target price on IDEX from $200.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Royal Bank Of Canada upped their target price on IDEX from $211.00 to $244.00 and gave the company an “outperform” rating in a report on Thursday, February 5th. Oppenheimer reiterated an “outperform” rating and set a $230.00 price target on shares of IDEX in a report on Thursday, February 5th. Finally, Stifel Nicolaus cut their price objective on IDEX from $244.00 to $241.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $228.90.
Check Out Our Latest Stock Report on IDEX
IDEX Price Performance
IDEX (NYSE:IEX – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $2.00 EPS for the quarter, topping the consensus estimate of $1.79 by $0.21. The company had revenue of $886.90 million during the quarter, compared to analyst estimates of $845.75 million. IDEX had a return on equity of 15.03% and a net margin of 13.98%.IDEX’s revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.75 earnings per share. IDEX has set its Q2 2026 guidance at 2.070-2.120 EPS and its FY 2026 guidance at 8.350-8.550 EPS. Analysts expect that IDEX will post 8.23 EPS for the current fiscal year.
IDEX News Roundup
Here are the key news stories impacting IDEX this week:
- Positive Sentiment: Q1 beat on both EPS and revenue — EPS $2.00 vs. ~$1.79 estimate; revenue $886.9M and +8.9% y/y, indicating demand recovery and pricing/mix strength. Idex (IEX) Q1 Earnings and Revenues Top Estimates
- Positive Sentiment: Company raised FY26 profit outlook (8.35–8.55 EPS) and provided Q2 EPS range (2.07–2.12), signaling confidence in sustained demand. Investors are treating the raised FY guide as confirmation of a stronger secular tailwind. IDEX raises annual profit forecast on strong AI data center demand
- Neutral Sentiment: Coverage and analyst targets remain constructive (median targets above current price), leaving room for upside if execution continues; this supports investor interest but is not new company-level news. IDEX ($IEX) Releases Q1 2026 Earnings
- Neutral Sentiment: Multiple media write-ups and earnings snapshots amplified the beats/guidance; helpful for sentiment but largely repetitive coverage. Idex (IEX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
- Negative Sentiment: Q2 guidance midpoint is roughly in line with consensus but the low end (2.07) is slightly below some estimates — a potential caution if demand softens or execution slips. Investors may scrutinize cadence of AI/DC orders and margin sustainability on the upcoming calls. IDEX Q1 earnings and guidance (transcript/press release)
- Neutral Sentiment: Several entries reference IDEX Biometrics (IDXAF) financing activity — a different company; minimal direct impact on IDEX Corporation but can cause ticker-name confusion in media feeds. IDEX Biometrics Completes NOK 80 Million Private Placement
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Primecap Management Co. CA raised its position in IDEX by 86.5% during the fourth quarter. Primecap Management Co. CA now owns 3,226,787 shares of the industrial products company’s stock valued at $574,174,000 after purchasing an additional 1,496,207 shares in the last quarter. State Street Corp increased its position in shares of IDEX by 0.6% during the 4th quarter. State Street Corp now owns 3,172,410 shares of the industrial products company’s stock valued at $564,499,000 after purchasing an additional 17,668 shares during the last quarter. Invesco Ltd. increased its position in shares of IDEX by 16.1% during the 3rd quarter. Invesco Ltd. now owns 1,809,788 shares of the industrial products company’s stock valued at $294,561,000 after purchasing an additional 250,447 shares during the last quarter. Amundi raised its holdings in shares of IDEX by 18.7% during the 3rd quarter. Amundi now owns 1,517,903 shares of the industrial products company’s stock valued at $248,751,000 after buying an additional 239,215 shares in the last quarter. Finally, Dodge & Cox lifted its position in IDEX by 266.7% in the 4th quarter. Dodge & Cox now owns 1,262,550 shares of the industrial products company’s stock worth $224,658,000 after buying an additional 918,208 shares during the last quarter. 97.96% of the stock is currently owned by hedge funds and other institutional investors.
About IDEX
IDEX Corporation is a diversified industrial manufacturer specializing in the design, production and distribution of highly engineered fluidics systems, measurement technologies and safety solutions. The company’s core offerings include positive-displacement pumps, flow meters, valves, sampling systems and analytical instruments that serve a wide range of end markets such as water treatment, chemical processing, energy, food and beverage, and life sciences. Through its focus on precision engineering and proprietary material science, IDEX delivers products designed for reliability in demanding applications.
Operations at IDEX are organized into three principal segments.
Further Reading
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