Royal Bank of Canada lifts target for IDEX Corporation stock to USD 285.00

Published on 10/15/2026 at 20:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue was USD 920.60 million on July 29, 2026. IDEX Corporation stock costs EUR 209.60 at 7:51 p.m. CEST on October 15, 2026.

Analyst view and reporting date

Royal Bank of Canada raised its IDEX target to USD 285.00 on October 14, 2026.
Second-quarter revenue was USD 920.60 million for the period ended June 30, 2026.
IDEX Corporation stock costs EUR 209.60 at 7:51 p.m. CEST at Lang & Schwarz on October 15, 2026.
Third-quarter results are scheduled for October 28, 2026, before the market opens.

Aquarell-Illustration: Firmencampus Northbrook von IDEX Corporation (US45167R1041) — IDEX Corporation US45167R1041 – Aquarell des Firmensitzes in Northbrook mit Glasfassade und Teich, Illustration mit AI erstellt.

Royal Bank of Canada raised its target for IDEX Corporation from USD 280.00 to USD 285.00 and kept an Outperform rating on October 14, 2026, as MarketBeat reported. The target stands 21.09 percent above the USD 235.38 NYSE price at 1:59 p.m. ET on October 15, 2026. IDEX Corporation stock was trading at EUR 209.60 at Lang & Schwarz on October 15, 2026 at 7:51 p.m. CEST.

Revenue reached USD 920.60 million

For the second quarter ended June 30, 2026, IDEX reported revenue of USD 920.60 million and net income of USD 143.40 million. Operating margin was 22.00 percent, while operating cash flow reached USD 200.00 million for the same period.

The latest quarterly figures also included adjusted earnings per share of USD 2.32, above the USD 2.11 consensus estimate. MarketBeat said quarterly revenue rose 6.40 percent year over year.

Stock stays below its yearly high

IDEX has a 52-week range of USD 160.60 to USD 243.80, with the NYSE price of USD 235.38 sitting 3.45 percent below the high at the October 15, 2026 quote. Trading volume was 375,875 shares against an average of 651,910 shares.

Valuation and the next report

The company had a market capitalization of USD 17.4 billion and a price-to-earnings ratio of 33.85 at the October 15, 2026 market snapshot. Its dividend yield was 1.00 percent. The next quarterly results are scheduled for October 28, 2026, before the market opens, according to the company release carried by Business Wire.

Comparison with peers

IDEX Corporation: P/E 33.85, market capitalization USD 17.4 billion
Flowserve Corporation (NYSE, USD): plus 0.75 percent, P/E 24.72, market capitalization USD 9.0 billion
Graco Inc. (NYSE, USD): plus 1.34 percent, P/E 25.72, market capitalization USD 13.2 billion

Price and trading perspective

The analyst target gives investors a separate benchmark from the euro quotation, while the latest operating figures provide the most recent reported business reference. The upcoming October 28, 2026 results will provide the next scheduled update on revenue, earnings and guidance.

IDEX Corporation designs engineered products for fluid handling, health and science, fire safety and specialized industrial applications. Its primary listing is on the NYSE under ticker IEX, and the company operates in the Industrials sector.

The further course of trading is shown by the continuously updated real-time quote of IDEX Corporation stock.