Icahn Enterprises L.P. (IEP) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · Nasdaq
Icahn Enterprises L.P. (IEP) stock forecast summary
Our AI ranks Icahn Enterprises L.P. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Icahn Enterprises L.P. is a mid-cap company with a market capitalization of $4.73B. It ranks number 13 by market capitalization among the 15 Petroleum Refining issuers in our coverage with a current forecast. Its P/B Ratio of 1.19x is the lowest of the 10 peers that report one. Its Gross Margin of -53.8% is the lowest of the 11 peers that report one.
For IEP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 6.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, IEP included.
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How IEP ranks among 5172 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Icahn Enterprises L.P. (IEP) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Petroleum Refining peers listed below that report each metric.
Valuation & Market
| Metric | IEP | Rank |
|---|---|---|
| Market Cap | $4.73B | 13/15 |
| P/B Ratio | 1.19x | 10/10 |
| Book Value/Share | $5.61 | – |
| Revenue/Share | $14.91 | – |
| FCF/Share | $-0.34 | – |
Profitability & Margins
| Metric | IEP | Rank |
|---|---|---|
| Gross Margin | -53.8% | 11/11 |
| Tax Rate | -26.4% | – |
Financial Health
| Metric | IEP | Rank |
|---|---|---|
| D/E Ratio | 6.62x | 2/13 |
Cash Flow
| Metric | IEP | Rank |
|---|---|---|
| Operating Cash Flow | $1.92B | 10/13 |
| Free Cash Flow | -$244M | 8/8 |
| Capital Spending | -$2.16B | 5/8 |
| FCF/Sales | -2.3% | 8/8 |
| CapEx/Sales | 20.4% | 1/8 |
Operational Efficiency
| Metric | IEP | Rank |
|---|---|---|
| Receivables Turnover | 21.7x | 2/11 |
| Inventory Turnover | 16.7x | 4/11 |
| Fixed Assets Turnover | 2.9x | 7/12 |
| Days Sales Outstanding | 17 days | 10/11 |
| Days Inventory | 22 days | 8/11 |
Income Statement
| Metric | IEP | Rank |
|---|---|---|
| Total Revenue | $10.60B | 11/13 |
| SG&A Expense | $1.08B | 5/9 |
| Cost of Goods Sold | $16.30B | 9/11 |
Dividend & Shareholder Information
| Metric | IEP | Rank |
|---|---|---|
| Shares Outstanding | 711M | – |
Balance Sheet Highlights (USD millions)
| Cash & Short-term Investments | $1.22B | 4.0% of assets |
| Accounts Receivable | $488M | 1.6% of assets |
| Inventory | $978M | 3.2% of assets |
| Total Liabilities | $26.41B | 86.9% of assets |
IEP quarterly financials and insider trading
Icahn Enterprises L.P. (IEP) industry peers
Companies classified under the same SEC industry code as Icahn Enterprises L.P. (Petroleum Refining): 15 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| IEP Icahn Enterprises L.P. | ▼ | $4.73B |
| CVX Chevron Corp | ▼ | $444.53B |
| COP Conocophillips | ▼ | $176.01B |
| MPC Marathon Petroleum Corp | ▶ | $134.25B |
| BP Bp Plc | ▼ | $129.61B |
| VLO Valero Energy Corp/Tx | ▼ | $128.04B |
| EQNR Equinor Asa | ▼ | $117.46B |
| PSX Phillips 66 | ▼ | $116.98B |
| IMO Imperial Oil Ltd | ▼ | $64.76B |
| YPF Ypf Sociedad Anonima | ▼ | $20.49B |
| SUN Sunoco Lp | ▶ | $10.03B |
| PBF Pbf Energy Inc. | ▲ | $10.02B |
| CVI Cvr Energy Inc | ▶ | $6.17B |
| DK Delek Us Holdings, Inc. | ▲ | $4.69B |
| SUNC Sunococorp Llc | ▶ | $3.73B |
Where IEP sits on the market map
Icahn Enterprises L.P. (IEP) stock news
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Icahn Enterprises L.P. (IEP) stock forecast FAQ
What is the Icahn Enterprises L.P. (IEP) stock forecast?
Our AI ranks Icahn Enterprises L.P. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Icahn Enterprises L.P. stock predictions?
For IEP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 6.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -2.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Icahn Enterprises L.P. forecasts updated?
Icahn Enterprises L.P. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Icahn Enterprises L.P.'s industry peers?
15 issuers in our coverage, IEP included, share the SEC industry code Petroleum Refining. The largest are: Chevron Corp (CVX), Conocophillips (COP), Marathon Petroleum Corp (MPC), Bp Plc (BP), Valero Energy Corp/Tx (VLO), Equinor Asa (EQNR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.