Get the latest Ideanomics Stock Forecast 2023, 2024, 2025 to 2030 for the upcoming years in this below guide. Ideanomics Stock forecast between 2023 and 2030 is a projection that is based on negative and positive trends in the Ideanomics stock. The price forecast has been made using various tools and is given by market analysts. While offering Ideanomics stock price forecasts, market analysts identify significant support and resistance level that helps them to indicate a downward trend or an upward trend in the stock price.
Ideanomics stock target from 2023 to 2030 can be gauged from the below table
What Does Ideanomics Do?
Ideanomics Inc. offers cloud-based services and software. The company provides business consulting solutions and services related to conventional financing, developing digital asset securitization services through blockchain and artificial intelligence-enabled financial service platforms. It offers premium content and an integrated value-added service solution to deliver paid video programming and on-demand video to Internet Protocol television providers, mobile manufacturers, over-the-top streaming providers, digital cable providers, direct consumers, and mobile operators. The prime purpose of Ideanomics Inc. is to increase commercial adoption of EVs on a large scale. So to achieve this purpose, the company has started offering optimum solutions to reshape the commercial world.
Ideanomics Inc. was founded on 19th October 2014 by Shane B. McMahon and is presently headquartered in New York. According to the founder of this fintech and electric vehicle company, the firm’s strategy is to cut down the total ownership cost for fleet operators while enhancing the overall value chain and improving efficiency through Ideanomics’ ecosystem. The company wants to expand opportunities in the EV sector.
Ideanomics Stock Forecast 2023
According to our forecast system, the average price prediction of Ideanomics stock in 2023 will be $0.22. In the case of a bearish market, Ideanomics Stock Target may go down to a minimum, trading price of $0.21. The maximum trading price of Ideanomics stock will reach a price level of $0.38. This average trading price represents an increase of 103.6% from the last year’s stock price. The price target for Ideanomics stock between May to August will range between $0.10 to $0.18. The price target between September to December will range between $0.24 to $0.38.
Ideanomics Stock Prediction 2024
Ideanomics Stock Forecast for 2024, as given by market analysts and experts, predicts that the average trading price will reach a mark of $0.27. The maximum trading price of this stock will hit $0.38 in 2024. According to prediction, Ideanomics stock will reach its lowest forecast of $0.21 in 2024. This average stock forecast represents an increase of 148.11% from last year’s stock price. Ideanomics stock forecast in the first quarter of 2024 will vary between $0.38 to $0.34. In the second quarter of 2024, Ideanomics stock forecast will range in between $0.31 to $0.27. By the third quarter, the Ideanomics stock price will range from $0.24 to $0.21. By December 2024 Ideanomics stock will hit $0.23.
Ideanomics Stock Price Prediction 2025
The average Ideanomics stock forecast for 2025 will reach a price target of $0.34, while in the case of a bullish market trend, the stock will reach its maximum trading price of $0.46. Market analysts predict that in case of a poor economic situation, Ideanomics stock forecast will reach its minimum trading price of $0.25 in 2025. This average trading price of Ideanomics stock forecast in 2025 represents an increase of 210.86 % from last year’s stock price. Ideanomics stock forecast in the first quarter of 2025 will range from $0.25 to $0.29. Ideanomics stock forecast in the second quarter will be $0.30 – $0.33. By the third quarter of 2025, the stock will increase its price and will vary between $0.34 to $0.38. By December 2025, Ideanomics stock will reach its maximum price of $0.46.
Ideanomics Stock News
On November 4th, 2021, the company declared that one of its subsidiaries, WAVE, is demonstrating a wireless electric vehicle charging technology. WAVE is a hands-free, wireless electric vehicle charging system that can be used for ports, transit agencies as well as warehouse applications. It can add expressive power and range to battery electric buses without mechanical contact or human intervention. Ideanomics has the only American-constructed EV tractor to be released on the market. It will also collaborate with Say technologies to upgrade shareholder communication. Say technologies has designed a highly effective communication platform for Ideanomics investors to help them exercise their ownership rights.
Using Say Connect Ideanomics can solve investors’ questions and can engage with them for partnership, purchase order, and acquisition. Ideanomics stock news is constantly gaining coverage as EV manufacturing poses a serious market proposition as traditional and top brands like Tesla continue expanding the EV industry. Ideanomics also announced the acquisition of Energica, an Italian electric motorcycle company, after securing 93.63% of its shares via a voluntary tender offer. The company believes that Energica will benefit Ideanomics resources and help them become a leader in the electric motorbike industry. The value of Ideanomics stock will increase by 17.80% by 8th April 2023, and the price target will reach to $0.128516 per share. As per technical analysis and our forecast system, the sentiment of Ideanomics stock looks bearish.
Ideanomics Revenue History
According to the latest financial reports of Ideanomic, current revenue is approximately $0.11 B. The company earned revenue of 0.11 B in the year 2021, and this signifies that the company’s revenue in 2021 increased from $26.75 in 2020. The revenue history of Ideanomic demonstrates the evolving growth and strength of the company. In 2021 revenue from the United States accounted for $84.3 million against a revenue of $1.6m in the last year. The gross profit of Ideanomics in 2021 accounts for $23.2 million. This figure represents a gross margin of 20.4% against a $2.1 million gross profit in 2020. As of 28th March 2023, Ideanomics accounted for revenue of $17.07 million, representing an increase of 37.79% from the last year’s revenue. In 2022 Ideanomics revenue in the same quarter accounted for $ 27.43 million.
Will Ideanomics Stock Go Up?
As the market of electric vehicles is constantly expanding, therefore, Ideanomics stock can rise. Ideanomics Stock in the next year will increase by 28.55%, according to our prediction.
Why Is Ideanomics Stock Dropping?
The prices of Ideanomics stock are decreasing because of high capital costs and infrastructure. The EV market poses obstacles from outfitting infrastructure accompanied by EV-ready roads that pose a risk to Ideanomics stock.
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