← Markets

IDEX Corporation

IEX · NYSE

Market closed$224.94$-4.02 (-1.76%)After hours $226.99 · +0.91%

Key statistics

Previous close$228.96
Open$227.09
Day high$231.70
Day low$224.71
52-week high$231.70
52-week low$157.25
Market cap16.65B
Volume351.67K
Average volume694.63K
P/E ratio27.43
Forward P/E—
EPS8.20
Dividend yield+1.28%

Market context

Why it moved

IEX (Indian Energy Exchange) fell today amid growing concerns over regulatory risks, particularly the potential impact of market coupling reforms that could weaken the platform's pricing power and trigger a valuation de-rating, as highlighted by analysts warning of rising threats to its tollbooth-like monopoly position.

EquitymasterMarketbeatSubstackAlliance ExchangeAxisdirect

What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026IDEX Corporation closed modestly lower as broader market weakness — driven by escalating U.S.-Iran tensions and a deteriorating AI sentiment narrative — weighed on industrial names. The pullback follows IDEX hitting a new 52-week high of $231.70 intraday, with the stock still up over 26% year-to-date. Investor sentiment remains broadly constructive: RBC Capital raised its price target to $261 (Outperform) and the consensus stands at Moderate Buy, supported by a Q1 beat where EPS of $2.00 topped estimates by $0.22 and revenue of $886.9M exceeded forecasts. Morningstar has flagged the broader industrials sector as fully valued after a 35%+ run, while a SimplyWallSt analysis cited slowing organic growth and softer ROIC as potential headwinds for IDEX's premium valuation.

-1.7558

July 17, 2026IDEX Corporation closed up 2.41%, approaching its 52-week high of $230.18, as RBC Capital raised its price target to $261 from $252 while maintaining an Outperform rating — the latest in a string of bullish analyst actions following the company's strong Q1 beat. IDEX reported Q1 EPS of $2.00 vs. the $1.78 consensus and raised full-year guidance to $8.35–$8.55, reinforcing its premium positioning among industrial machinery peers. The move also comes as Morningstar highlights industrials as the top-performing sector year-to-date, up over 35% in the past year, with Q2 Industrial Products earnings projected to grow ~10% — a favorable backdrop ahead of IDEX's upcoming Q2 report.

2.4109

July 15, 2026IDEX Corporation edged higher as industrial machinery stocks navigated a mixed macro backdrop, with a softer-than-expected June CPI report (3.5% vs. 3.8% expected) boosting broader market sentiment. Analyst conviction remains constructive, with a consensus 'Moderate Buy' rating and an average price target of $241.11—well above current levels—following IDEX's strong Q1 beat where EPS of $2.00 topped estimates by $0.22 and revenue of $886.9M grew 8.9% YoY. Investors are also watching Q2 guidance of $2.07–$2.12 EPS and a quarterly dividend of $0.73/share payable July 24, even as some institutional holders trimmed positions in Q1.

0.3726

July 14, 2026IDEX Corporation closed modestly higher, edging up despite a mixed macro backdrop shaped by a softer-than-expected June CPI print and ongoing US-Iran geopolitical tensions that weighed on broader industrials. Investor sentiment toward IDEX remains constructive heading into Q2 earnings, with Wall Street carrying a consensus "Moderate Buy" and an average price target of $241.11—well above current levels—supported by a strong Q1 beat where EPS of $2.00 exceeded estimates by $0.22 and revenue of $886.9M topped forecasts by roughly 5%. The company also raised FY2026 EPS guidance to $8.35–$8.55 and declared a $0.73 quarterly dividend payable July 24.

0.5689

July 14, 2026IDEX Corporation closed modestly lower, dipping alongside the broader industrials sector (XLI) as U.S.-Iran military escalation jolted sentiment and sent oil prices surging, weighing on equities broadly. Despite the macro headwinds, the company's fundamental backdrop remains constructive: IDEX beat Q1 2026 estimates significantly (EPS of $2.00 vs. $1.78 consensus), raised full-year guidance to $8.35–$8.55 EPS, and carries a 'Moderate Buy' consensus with a $241.11 average price target — well above current levels — as Zacks recently lifted its forward earnings estimates and Oppenheimer reiterated an Outperform rating with a $250 target.

-0.3061

July 9, 2026IDEX Corporation closed modestly higher, outperforming many industrial peers as investors look ahead to its Q2 FY2026 earnings report scheduled for July 29. The stock edged up despite a choppy macro backdrop dominated by renewed U.S.-Iran military escalation, which pushed oil prices sharply higher and reignited inflation fears—headwinds that broadly pressured the industrials sector. Investor attention is increasingly focused on whether IDEX can repeat its strong Q1 beat, when it surpassed EPS estimates by $0.22 and grew revenue 8.9% year over year, driven by demand across data center, semiconductor, and defense end markets. Analysts maintain a 'Moderate Buy' consensus with an average price target of ~$241, implying meaningful upside, while the company's raised full-year guidance of $8.35–$8.55 EPS supports a constructive longer-term outlook.

0.6182

July 8, 2026IDEX Corporation shares edged lower, pressured by a broad risk-off selloff in industrials as escalating U.S.-Iran tensions sent crude oil prices surging over 5% after President Trump declared the interim peace agreement 'over.' The XLI industrials ETF declined notably on the session, with machinery and industrial names bearing outsized losses as higher oil prices stoked inflation fears and rising Treasury yields — the 10-year touching 4.545% — weighed on capital-intensive sector valuations. Despite the macro headwinds, IDEX's underlying fundamentals remain intact: the company beat Q1 estimates with EPS of $2.00 vs. the $1.78 consensus and 8.9% revenue growth, and analysts maintain a 'Moderate Buy' consensus with an average price target of $241.11.

-1.2123

July 8, 2026IDEX Corporation shares closed modestly lower, retreating alongside broader industrial sector weakness as the XLI ETF pulled back, with geopolitical concerns — including Iran's missile attack on commercial tankers near the Strait of Hormuz — rattling industrial and energy-sensitive names. Despite the daily dip, IDEX remains well-supported by fundamentals: the company delivered a strong Q1 beat in April with EPS of $2.00 vs. $1.78 expected and revenue up 8.9% year-over-year, and the stock is up ~9% since reporting. Analysts maintain a consensus 'Moderate Buy' with an average price target of $241.11, and a $0.73 quarterly dividend was paid to shareholders of record as of July 6.

-1.5103

Simply Wall Street · July 17, 2026Slowing Organic Growth And Softer Returns Could Be A Game Changer For IDEX (IEX)Ad Hoc News · July 17, 2026IDEX stock trades steadily as recent earnings highlight margin resiliencemarketscreener.com · July 16, 2026RBC Capital Adjusts Price Target on IDEX to $261 From $252, Maintains Outperform RatingMoomoo · July 16, 2026RBC Capital Adjusts Price Target on IDEX to $261 From $252, Maintains Outperform RatingBarchart.com · July 9, 2026Earnings Preview: What To Expect From IDEX Corporation’s ReportStock Titan · July 6, 2026Moog adds IDEX board veteran Carl Christenson to expand its board to 10Business Wire · June 29, 2026IDEX Corporation to Webcast Second Quarter 2026 Earnings CallMoomoo · June 4, 2026Stifel Maintains IDEX Corp(IEX.US) With Buy Rating, Maintains Target Price $250
Benzinga · July 16, 2026RBC Capital Maintains Outperform on IDEX, Raises Price Target to $261
Mt Newswire · July 16, 2026RBC Capital Adjusts Price Target on IDEX to $261 From $252, Maintains Outperform Rating
Mt Newswire · June 17, 2026IDEX Keeps Quarterly Dividend at $0.73 a Share, Payable July 24 to Shareholders of Record on July 6
Benzinga · June 2, 2026Oppenheimer Reiterates Outperform on IDEX, Raises Price Target to $250
Mt Newswire · June 2, 2026IDEX has High Quality Portfolio Balance, 'Reasonable' Near-Term Expectations, Oppenheimer Says
Mt Newswire · June 2, 2026Oppenheimer Adjusts Price Target on IDEX to $250 From $242, Maintains Outperform Rating
Mt Newswire · May 13, 2026Idex Insider Sold Shares Worth $3,311,195, According to a Recent SEC Filing
Mt Newswire · May 6, 2026IDEX Raises Quarterly Dividend to $0.73 a Share From $0.71, Payable June 5 to Shareholders of Record on May 22

Peers

S&P 500SPX · $7,457.78-1.01%Dover CorporationDOV · $214.18-1.53%Parker-Hannifin CorporationPH · $953.21-0.54%Xylem Inc.XYL · $122.78-2.01%Nordson CorporationNDSN · $288.98-1.49%Graco Inc.GGG · $74.59-2.07%Danaher CorporationDHR · $203.83-0.58%Pentair plcPNR · $62.45-4.93%Allegion plcALLE · $137.24-1.61%Enerpac Tool Group Corp.EPAC · $34.61-2.48%Roper Technologies, Inc.ROP · $363.14-0.29%Watts Water Technologies, Inc.WTS · $346.43-1.97%