Watching IDEX Biometrics; Zacks Small-Cap Research Sets $36 Price Valuation Says We Are Valuing Idex On 2026 Est Revenues Discounted To Today Using The Average
EV/Sales Of Other Fabless Semiconductor Companies That Trade At 6.5 Times 2023 Est Sales
Portfolio Pulse from Benzinga Newsdesk
Zacks Small-Cap Research has set a $36 price valuation for IDEX Biometrics, valuing the company based on 2026 estimated revenues discounted to today using the average EV/Sales of other fabless semiconductor companies that trade at 6.5 times 2023 estimated sales.
May 23, 2023 | 6:05 pm
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IDEX Biometrics receives a $36 price valuation from Zacks Small-Cap Research, based on 2026 estimated revenues and average EV/Sales of fabless semiconductor companies.
Zacks Small-Cap Research's price valuation of $36 for IDEX Biometrics is based on 2026 estimated revenues and the average EV/Sales of other fabless semiconductor companies. This valuation is likely to have a positive short-term impact on IDBA's stock price, as it indicates a potential upside for investors.
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