Analyzing Ideanomics (NASDAQ:IDEX) & Lotus Technology (NASDAQ:LOT)

Ideanomics (NASDAQ:IDEX) and Lotus Technology (NASDAQ:LOT) are both business services companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, risk, dividends, institutional ownership and profitability.

Profitability

This table compares Ideanomics and Lotus Technology’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Ideanomics	N/A	N/A	N/A
Lotus Technology	-87.61%	N/A	-38.53%

Risk & Volatility

Ideanomics has a beta of 0.6, suggesting that its share price is 40% less volatile than the S&P 500. Comparatively, Lotus Technology has a beta of 0.09, suggesting that its share price is 91% less volatile than the S&P 500.

Valuation and Earnings

This table compares Ideanomics and Lotus Technology”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Ideanomics	$15.46 million	0.07	-$223.83 million	($61.35)	0.00
Lotus Technology	$679.01 million	3.01	-$742.00 million	($1.56)	-1.94

Ideanomics has higher earnings, but lower revenue than Lotus Technology. Lotus Technology is trading at a lower price-to-earnings ratio than Ideanomics, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of recent ratings for Ideanomics and Lotus Technology, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Ideanomics	0	0	0	0	0.00
Lotus Technology	0	1	0	0	2.00

Lotus Technology has a consensus price target of $7.00, suggesting a potential upside of 131.79%. Given Lotus Technology’s stronger consensus rating and higher probable upside, analysts clearly believe Lotus Technology is more favorable than Ideanomics.

Institutional and Insider Ownership

4.4% of Ideanomics shares are owned by institutional investors. Comparatively, 63.4% of Lotus Technology shares are owned by institutional investors. 0.6% of Ideanomics shares are owned by insiders. Comparatively, 0.2% of Lotus Technology shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

About Ideanomics

Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia, Europe, and the United States. The company's Ideanomics Mobility business unit focuses on the commercial adoption of electric vehicles (EV) by commercial fleet operators. This business unit provides solutions for the procurement, financing, charging, and energy management needs for the fleet operators of commercial EVs; and zero emission mobility solutions, such as the provision of commercial electric vans, trucks, buses, electric tractors, and two-wheeled transportation, supporting by the provision of energy services and infrastructure for the EV market comprising charging systems, energy storage, and energy generation, including hydrogen and solar, and associated data and management applications. It also offers high-power inductive charging solutions for medium and heavy-duty EVs; manufactures and distributes electric powered tractors; manufactures and sells electric and hybrid electric propulsion kits, as well as electric motorcycles; sells EV bikes, scooters, and batteries under the Treeletrik brand; and designs, manufactures, and markets electric commercial vehicles, as well as performs retrofits to convert diesel powered specialty vehicles. The company's Ideanomics Capital business unit provides financing services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. This business unit offers solutions for the real estate transactions, including title and escrow, residential and commercial title insurance, and closing and settlement services, as well as specialized offerings for the mortgage industry; and acts as the Financial Industry Regulatory Authority-registered broker dealer that operates a platform focused on private equity and debt. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.

About Lotus Technology

Lotus Technology Inc. engages in the design, development, and sale of battery electric lifestyle vehicles worldwide. It also distributes sports cars. The company sells its products under the Lotus brand. Lotus Technology Inc. is based in Shanghai, China.