With a market cap of $17.4 billion, IDEX Corporation (IEX) is a global engineered products company comprising three primary business segments: Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety/Diversified Products. With over 50 businesses and manufacturing operations in more than 20 countries, it designs and manufactures highly engineered components and innovative solutions that serve critical industries and improve lives worldwide.
The Northbrook, Illinois-based company is expected to release its fiscal Q3 2026 results before the market opens on Wednesday, Oct. 28. Ahead of the event, analysts project IEX to report an adjusted EPS of $2.23, a 9.9% rise from $2.03 in the year-ago quarter. The company has exceeded Wall Street's bottom-line estimates in each of the last four quarters.
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For fiscal 2026, analysts forecast the industrial equipment maker to post adjusted EPS of $8.83, up 11.1% from $7.95 in fiscal 2025.
www.barchart.com Shares of IDEX Corporation have increased 40.6% over the past 52 weeks, outpacing the broader S&P 500 Index's ($SPX) 15.4% return and the State Street Industrial Select Sector SPDR ETF's (XLI) 9.9% gain over the same period.
www.barchart.com IDEX Corporation shares rose 2.2% on Jul. 29 after the company reported record Q2 2026 revenue of $920.6 million and adjusted EPS of $2.32, beating analysts’ estimate. Growth was driven by strong AI data-center and semiconductor demand, alongside improved performance in health and science technologies, whose revenue increased to $415 million, as well as strength in space and defense markets.
The company also raised its full-year 2026 adjusted EPS guidance to $8.70 - $8.85 and forecast better-than-expected Q3 adjusted EPS of $2.20 - $2.25.
Analysts' consensus view on IEX stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 15 analysts covering the stock, nine suggest a "Strong Buy," one gives a "Moderate Buy," and five provide a "Hold" rating. This configuration is more bullish than three months ago, with seven analysts suggesting a "Strong Buy."
The average analyst price target is $259.14, suggesting a potential upside of 10.8% from current levels.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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