Overall, given the large addressable market, IDEX’s strong competitive position, robust and growing order book, strong management team, and the impending inflection in its financial profile starting 2020, we believe that the Street is undervaluing the stock and expect it to re-rate as business goals are achieved” again, as reported from Intro-Act LLC.

“We model CY22 EPS of $0.12 and apply a conservative 15x PE multiple to arrive at an intrinsic value of $1.82/share.”


$IDEX NEWS - Ideanomics Signs $113M Procurement and Financing Agreement for 100,000 EV Buses


https://investors.ideanomics.com/2020-05-07-I...-Financing