SweetValueLab
Write for us

IDEXX Laboratories, Inc. — Intrinsic Value & Fair Price

IDXX
NASDAQHealthcareMedical - Diagnostics & ResearchCIK 0000874716idexx.comAbout IDXX
Last close · Oct 16, 2026560.36+13.18 (+2.41%)
Market cap$44.1B
Model value · DCF · Perpetuity growth · 5y
222.36
Idexx Laboratories closed at $560.36 — overvalued by 152% vs model.
161.81the model's range368.35

DCF · Perpetuity growth · 5y leads for profitable growth — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
89.99 – 696.87
Wall St. target
710.00 21% below
Above model, 1y
20 of 20 days

Price and model value

Embed this card

IDXX's close against its model value, as a 420×168 card for your own page. It updates nightly with this site and links back here.

Free to embed; keep the attribution link.
Loading chart…
What the marks mean
Daily close

Valuation models

price $560.36 · as of Oct 17, 2026

DCF · Perpetuity growth · 5y leads for profitable growth — positive operating income and three years of positive free cash flow. How we value a stock walks through every input. The price is 152% above the model value: the models see only the filed business, and a company priced on businesses with no revenue line yet is better taken apart, as Tesla is.

engine pkg:0.1.0

Research on IDXX

No posts on IDXX yet.
Studied IDXX from its filings? Guest posts are reviewed before they go live.Write about IDXX →

How it is valued

Valued asProfitable Growth
Low/slowing growth (~8% recent)High profitability (25% net margin)Moderately volatile earnings
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
42.8×
EV / EBITDA
30.2×
FCF yield
2.3%
Dividend yield, TTM
0.00%
Beta
1.55
Cost of capital (WACC)
10.71%
Full financials

Analyst actions

third-party, quoted
10-16Goldman Sachs · target740.00
08-11Barclays · target710.00
07-27UBS · target620.00
10-31Stifel · “Buy” from “Hold”upgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just IDXX. No account.

About Idexx Laboratories

IDEXX Laboratories, Inc. is a global enterprise focused on creating, producing, and distributing a wide array of products and services. Its primary client base includes companion animal veterinary practices, the livestock and poultry industries, dairy operations, and water quality testing sectors. The company organizes its operations across several key divisions: the Companion Animal Group (CAG), Water Quality Products, Livestock, Poultry, and Dairy (LPD), and additional segments. For companion animals, IDEXX offers a comprehensive suite of point-of-care veterinary diagnostic tools, such as instruments, consumables, and rapid assay kits. It also provides reference laboratory diagnostic and consultation services, alongside practice management and diagnostic imaging solutions for veterinarians. Furthermore, the company supports the biomedical research community with health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services. In the livestock, poultry, and dairy markets, IDEXX supplies diagnostic and health-monitoring solutions. Its water testing portfolio includes products designed to detect various microbiological contaminants, notably the Colilert, Colilert-18, and Colisure tests for total coliforms and E. coli, as well as Enterolert, Pseudalert, Filta-Max, Filta-Max xpress, Legiolert, and Quanti-Tray products. Beyond these, IDEXX extends its reach to human point-of-care medical diagnostics, offering electrolyte and blood gas analyzers, and SARS-CoV-2 RT-PCR tests. Other key offerings encompass in-clinic chemistry, blood and urine chemistry, hematology, and SediVue Dx analyzers, as well as SNAP rapid assay test kits. Veterinary software and services for both independent clinics and large corporate veterinary groups are also part of its offerings. The company distributes its extensive product and service catalog through its own dedicated marketing, customer service, sales, and technical service teams, supplemented by independent distributors and other resellers. IDEXX Laboratories, Inc. was established in 1983 and maintains its headquarters in Westbrook, Maine.

CEO
Michael Erickson
Headquarters
Westbrook, ME
Employees
11,000
IPO
1991-06-21
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.