IDEXX Laboratories, Inc. logo IDXX - IDEXX Laboratories, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 13
HOLD 8
SELL 1
STRONG
SELL
0
| PRICE TARGET: $747.50 DETAILS
HIGH: $800.00
LOW: $640.00
MEDIAN: $775.00
CONSENSUS: $747.50
UPSIDE: 32.64%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 65% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Moderate
Trading 35.1% above fair value
Current Price $563.57
Bear Case $279.22 50.5% downside ($279.22 - $563.57) / $563.57 = -50.5% 8% stage 1 growth, 12% discount
Fair Value $417.19 26.0% downside ($417.19 - $563.57) / $563.57 = -26.0% 13% stage 1 growth, 12% discount
Bull Case $563.52 0.0% upside ($563.52 - $563.57) / $563.57 = -0.0% 17% stage 1 growth, 12% discount

Adjust Assumptions

13.2%
12.0%
3.0%

Key Value Driver

FCF growth rate (13% base case)

Terminal Value % of EV 37%
Implied Market Multiple 43.1x
Market is pricing in (growth) 21.3% vs our 13.2% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $747.50 from 22 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $417.19 per share.

Warnings

Wall Street's average price target is $747.50 (from 22 analysts). Our estimate is 59% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions