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Ideanomics (IDEX) Competitors

Ideanomics logo
$0.02 0.00 (0.00%)
As of 04/17/2025

IDEX vs. GOEV, ADSEW, LIDRW, GOEVW, CREVW, ELMSW, FFIEW, INVZW, PSNYW, and XOSWW

Should you be buying Ideanomics stock or one of its competitors? The main competitors of Ideanomics include Canoo (GOEV), ADS-TEC Energy (ADSEW), AEye (LIDRW), Canoo (GOEVW), Carbon Revolution Public (CREVW), Electric Last Mile Solutions, I (ELMSW), Faraday Future Intelligent Electric (FFIEW), Innoviz Technologies (INVZW), Polestar Automotive Holding UK (PSNYW), and XOS (XOSWW). These companies are all part of the "automobiles and trucks" industry.

Ideanomics vs.

Ideanomics (NASDAQ:IDEX) and Canoo (NASDAQ:GOEV) are both small-cap business services companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, valuation, analyst recommendations, earnings, risk, community ranking, institutional ownership, profitability and dividends.

Ideanomics received 52 more outperform votes than Canoo when rated by MarketBeat users. Likewise, 68.81% of users gave Ideanomics an outperform vote while only 51.11% of users gave Canoo an outperform vote.

CompanyUnderperformOutperform
IdeanomicsOutperform Votes
75
68.81%
Underperform Votes
34
31.19%
CanooOutperform Votes
23
51.11%
Underperform Votes
22
48.89%

Ideanomics' return on equity of 0.00% beat Canoo's return on equity.

Company Net Margins Return on Equity Return on Assets
IdeanomicsN/A N/A N/A
Canoo N/A -68.39%-26.16%

Ideanomics has higher revenue and earnings than Canoo. Canoo is trading at a lower price-to-earnings ratio than Ideanomics, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ideanomics$15.46M0.03-$223.83M-$61.350.00
Canoo$1.86M0.89-$302.02M-$70.600.00

Ideanomics has a beta of 0.6, suggesting that its share price is 40% less volatile than the S&P 500. Comparatively, Canoo has a beta of 1.3, suggesting that its share price is 30% more volatile than the S&P 500.

4.4% of Ideanomics shares are held by institutional investors. Comparatively, 36.2% of Canoo shares are held by institutional investors. 0.6% of Ideanomics shares are held by insiders. Comparatively, 7.1% of Canoo shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Ideanomics' average media sentiment score of 0.00 equaled Canoo'saverage media sentiment score.

Company Overall Sentiment
Ideanomics Neutral
Canoo Neutral

Canoo has a consensus price target of $42.63, suggesting a potential upside of 12,290.99%. Given Canoo's stronger consensus rating and higher probable upside, analysts clearly believe Canoo is more favorable than Ideanomics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ideanomics
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Canoo
0 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.33

Summary

Ideanomics beats Canoo on 8 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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IDEX vs. The Competition

MetricIdeanomicsMotor vehicles & car bodies IndustryBusiness SectorNASDAQ Exchange
Market Cap$401,000.00$34.47B$6.97B$7.35B
Dividend YieldN/A2.96%2.67%4.29%
P/E Ratio0.009.5129.4917.81
Price / Sales0.0312.27163.3697.70
Price / CashN/A11.9631.6134.64
Price / Book-0.012.554.543.98
Net Income-$223.83M$3.05B$195.94M$247.81M
1 Month PerformanceN/A-15.31%-9.49%-7.91%
1 Year PerformanceN/A-21.39%4.62%1.53%

Ideanomics Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
IDEX
Ideanomics
N/A$0.02
flat
N/A-97.8%$401,000.00$15.46M0.00560
GOEV
Canoo
1.1281 of 5 stars
$0.34
-16.0%
$42.63
+12,291.0%
-99.4%$1.67M$1.86M0.00800Gap Down
High Trading Volume
ADSEW
ADS-TEC Energy
N/A$2.05
-6.4%
N/A+0.4%$0.00$148.37M0.00110Short Interest ↓
Positive News
Gap Up
LIDRW
AEye
N/A$0.06
-1.0%
N/A+367.9%$0.00$202,000.000.00100Short Interest ↑
Gap Up
GOEVW
Canoo
N/A$0.01
-14.8%
N/A-93.5%$0.00$1.86M0.00800Gap Down
CREVW
Carbon Revolution Public
N/A$0.04
+14.0%
N/A-43.1%$0.00$27.18M0.00N/APositive News
Gap Down
ELMSW
Electric Last Mile Solutions, I
N/AN/AN/AN/A$0.00N/A0.002
FFIEW
Faraday Future Intelligent Electric
N/A$0.03
+1.2%
N/A+171.2%$0.00$537,000.000.00740Gap Up
INVZW
Innoviz Technologies
N/A$0.05
+6.8%
N/A-76.8%$0.00$24.27M0.00400Positive News
Gap Up
PSNYW
Polestar Automotive Holding UK
N/A$0.16
-3.2%
N/A+10.4%$0.00$2.06B0.001,300Upcoming Earnings
Short Interest ↓
News Coverage
Positive News
Gap Up
XOSWW
XOS
N/A$0.01
-16.7%
N/A-62.4%$0.00$55.96M0.00330Positive News
Gap Down

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This page (NASDAQ:IDEX) was last updated on 4/19/2025 by MarketBeat.com Staff
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