Nasdaq: IDEX- Ideanomics Inc.

Ideanomics' Inductive charging solutions provider "WAVE" has sales traction for design simplicity and safety and eliminates range concerns. WAVE has deployed ~60 charging units to date, ranging from 50 kW to 250 kW. Pads are placed along bus or commercial vehicle's route, providing in-service charging while vehicles load and unload. Availability of WAVE charging on Medici vehicles likely lifts sales prospects for both parties. WAVE generated $7m in revenue in 2020, and we model growth to $85m in 2025.




Ideanomics Acquires Utah-based Wireless Charging Provider WAVE

https://investors.ideanomics.com/20...re-Utah-based-Wireless-Charging-Provider-WAVE

 

“Up 365.63% over the last 12 months”


https://www.investorsobserver.com/n...stock-gains-15-50-this-week-is-it-a-good-pick

 

Wireless Power: A Key Opportunity for Your Electric Fleet Transition

https://www.metro-magazine.com/10139960/wireless-power-a-key-opportunity-for-your-electric-fleet-transition


Ideanomics owns Wireless Charging Provider WAVE

https://waveipt.com/wave-joins-ideanomics/

 

Wall Street's Goldman Sachs Innovate Equity ETF Owns 182,649 shares of Ideanomics. (What do they know that we don't?)

https://fintel.io/so/us/idex?fbclid=IwAR0OGU1OHczPOx_Z1C2R-rhQN8-2Xmumj0_Fi2ipPm7CoN_WJgO9OtFoPBI

 

NEWS - Ideanomics To Acquire “Hybrid” a California Based Manufacturer of Zero Emission Powertrain Components for Electric, Hybrid, and Fuel Cell Vehicles


https://investors.ideanomics.com/20...reement-to-Acquire-California-based-US-Hybrid


https://ushybrid.com/

 

$IDEX - trades up premarket before today's Q1, the market is expecting 2021 Q1 to be better than 2020 Q1

 

Ideanomics will grow faster than its competitors.


Ideanomics, Inc. (NASDAQ:IDEX) shareholders will have a reason to smile, with analysts making substantial upgrades to this year's forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with the analyst modelling a real improvement in business performance. The market seems to be pricing in some improvement in the business too, with the stock up 9.7% over the past week. Could this big upgrade push the stock even higher?

Following the upgrade, the current consensus from analysts is for revenues of US$129m in 2021 which - if met - would reflect a substantial 119% increase on its sales over the past 12 months. The loss per share is anticipated to greatly reduce in the near future, narrowing 84% to US$0.05. However, before this estimates update, the consensus had been expecting revenues of US$105m and US$0.11 per share in losses. We can see there's definitely been a change in sentiment in this update, with the analyst administering a sizeable upgrade to this year's revenue estimates, while at the same time reducing their loss estimates.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. For example, we noticed that Ideanomics' rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 184% growth to the end of 2021 on an annualized basis. That is well above its historical decline of 2.6% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 13% annually and therefore Ideanomics will grow faster than its competitors.