We are introducing a $7.00 price target

"We are introducing a $7.00 price target using a discounted EV/EBITDA methodology. Our 12-month target uses a 30x multiple on 2025E EBITDA of $123 million, discounting back at 12.5% for three years. Our model reflects strong growth in eMobility, while Ideanomics Capital likely generates healthy profits but with much lower growth."

Symbol : Nasdaq-IDEX


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