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

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 13
HOLD 9
SELL 1
STRONG
SELL
0
| PRICE TARGET: $665.00 DETAILS
HIGH: $710.00
LOW: $620.00
MEDIAN: $665.00
CONSENSUS: $665.00
UPSIDE: 31.76%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 65% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Overvalued Strong
Trading 98.0% above fair value
Current Price $504.70
Bear Case $186.16 63.1% downside ($186.16 - $504.70) / $504.70 = -63.1% 6% stage 1 growth, 12% discount
Fair Value $254.96 49.5% downside ($254.96 - $504.70) / $504.70 = -49.5% 10% stage 1 growth, 12% discount
Bull Case $322.87 36.0% downside ($322.87 - $504.70) / $504.70 = -36.0% 14% stage 1 growth, 12% discount

Adjust Assumptions

10.4%
12.0%
3.0%

Key Value Driver

FCF growth rate (10% base case)

Terminal Value % of EV 35%
Implied Market Multiple 37.6x
Market is pricing in (growth) 19.4% vs our 10.4% base

Plain-Language Summary

Using a two-stage FCF DCF with 10% growth decelerating over 15 years, discounted at 12%, the base-case intrinsic value is $254.96 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (23 analysts) $665.00
Analyst Range $620.00 – $710.00
Divergence from AlphaVal 62%

Warnings

Wall Street's average price target is $665.00 (from 23 analysts). Our estimate is 62% 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