IDEXX Laboratories, Inc. (IDXX)

IDEXX Laboratories Stock Forecast

Stock Price Forecast

According to 7 professional analysts, the 12-month price target for IDEXX Laboratories stock ranges from a low of $475 to a high of $700. The average analyst price target of $581.14 forecasts a -12.47% decrease in the stock price over the next year.

Price Target: $581.14 (-12.47%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$475	$581.14	$558	$700
Change	-28.46%	-12.47%	-15.95%	+5.43%

Analyst Ratings

The average analyst rating for IDEXX Laboratories stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	1	1	1	1	1	0
Buy	4	4	4	4	4	4
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Westenberg Piper Sandler	Piper Sandler	Hold Maintains $510 → $700	Hold	Maintains	$510 → $700	+5.43%	Aug 11, 2025
Chris Schott JP Morgan	JP Morgan	Buy Maintains $550 → $675	Buy	Maintains	$550 → $675	+1.67%	Aug 4, 2025
Daniel Clark Leerink Partners	Leerink Partners	Buy Maintains $580 → $600	Buy	Maintains	$580 → $600	-9.63%	Jul 17, 2025
Jonathan Block Stifel	Stifel	Hold Maintains $510 → $540	Hold	Maintains	$510 → $540	-18.66%	Jul 2, 2025
Daniel Clark Leerink Partners	Leerink Partners	Buy Maintains $515 → $580	Buy	Maintains	$515 → $580	-12.64%	Jun 11, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

4.23B

Increased by 8.58%

from 3.90B

Revenue Next Year

4.56B

Increased by 7.68%

from 4.23B

EPS This Year

12.41

Increased by 16.35%

from 10.67

EPS Next Year

13.93

Increased by 12.16%

from 12.41

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	2.71B	3.22B	3.37B	3.66B	3.90B	4.23B	4.56B	4.94B
Revenue Growth	12.45%	18.80%	4.73%	8.72%	6.46%	8.58%	7.68%	8.47%
EPS	6.71	8.60	8.03	10.06	10.67	12.41	13.93	15.71
EPS Growth	37.22%	28.17%	-6.63%	25.28%	6.06%	16.35%	12.16%	12.79%
Forward PE	-	-	-	-	-	53.48	47.68	42.27
No. Analysts	-	-	-	-	-	18	18	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	4.4B	4.8B	5.2B
Avg	4.2B	4.6B	4.9B
Low	4.0B	4.3B	4.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	13.0%	12.6%	13.2%
Avg	8.6%	7.7%	8.5%
Low	3.5%	1.9%	1.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	13.04	14.63	16.65
Avg	12.41	13.93	15.71
Low	11.62	12.92	13.98

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	22.2%	17.9%	19.6%
Avg	16.4%	12.2%	12.8%
Low	8.9%	4.0%	0.4%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.