IDEX Corporation stock trades at EUR 202.60 after Q2 beat
Published on 09/30/2026 at 12:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
IDEX Corporation stock (ISIN US45167R1041) was trading at EUR 202.60 at Lang & Schwarz on September 30, 2026, down 0.30 percent versus the prior close of EUR 203.20. The latest earnings picture remains constructive: adjusted EPS beat consensus in Q2 2026 while fiscal guidance held steady.
Q2 earnings beat expectations
According to MarketBeat on September 28, 2026, IDEX reported adjusted EPS of USD 2.32 for the quarter ended June 30, 2026, versus USD 2.11 consensus. Revenue reached USD 920.6 million, ahead of the USD 905.38 million estimate and up 6.4 percent from the prior-year quarter.
The comparison matters because the company delivered both earnings and sales growth in the same reporting period. IDEX also maintained fiscal 2026 adjusted EPS guidance of USD 8.70-8.85 and Q3 guidance of USD 2.20-2.25, according to the same July 29, 2026 results coverage.
Margins gained from operating leverage
A separate filing summary from StockTitan identifies USD 143.4 million of net income attributable to IDEX and diluted GAAP EPS of USD 1.93 in Q2 2026. Gross margin expanded to 46.3 percent, while first-half revenue reached USD 1.8075 billion and free cash flow, a non-GAAP measure, totaled USD 263.0 million.
The filing summary also cites a USD 22.0 million tariff refund and USD 14.7 million of related customer rebates, producing a USD 0.08 net EPS benefit. That one-time contribution makes the underlying operating comparison more important than the headline earnings beat alone.
Analyst targets remain above the quote
MarketBeat reports that Mizuho upgraded IDEX from Neutral to Outperform on August 11, 2026, raising its price target from USD 210.00 to USD 280.00. The same report lists a Moderate Buy consensus and an average target of USD 260.27, while Vertical Research began coverage with a USD 250.00 target on September 8, 2026.
For investors, the central contrast is valuation against execution. The stock's primary listing is NYSE, and the finance quote showed a market capitalization of USD 17.0 billion on September 29, 2026, with a 52-week range of USD 159.27 to USD 243.80.
Stock trades below yearly high
At Lang & Schwarz, IDEX was trading at EUR 202.60 on September 30, 2026, at 12:47 p.m. CEST, down 0.30 percent versus the Lang & Schwarz prior close of EUR 203.20 on September 29, 2026. The modest daily move leaves the Q2 earnings beat, fiscal guidance and analyst targets as the main reference points for the stock.
IDEX Corporation stock facts
- Company: IDEX Corporation
- ISIN: US45167R1041
- Ticker: IEX
- Primary exchange: NYSE
- Price Lang & Schwarz (as of September 30, 2026, 12:47 p.m. CEST): EUR 202.60
- Change versus prior close: minus 0.30 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 203.20
- Market capitalization: USD 17.0 billion (as of September 29, 2026)
- 52-week range: USD 159.27-243.80 (as of September 29, 2026)
- Sector / Industry: Industrials / Industrial Machinery
