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IDEXX Laboratories, Inc. (IDXX) Stock Delivers 97% Return in 3 Years, Outpacing Zoetis and Market

We recently compiled a list of the 12 Best Healthcare Stocks to Buy and Hold for 5 Years. IDEXX Laboratories, Inc. is one of them.

IDEXX Laboratories, Inc. (NASDAQ:IDXX) specializes in animal health diagnostics, veterinary software, and laboratory services, supporting companion animals, livestock, water testing, and food safety worldwide. Its platforms, including imaging systems, in-clinic analyzers, and point-of-care tools, enable veterinarians to quickly diagnose and treat a wide range of conditions.

In August 2025, IDXX reported impressive Q2 earnings, with revenue of $1.11 billion, a 10.6% year-over-year increase, and earnings per share rising to $3.63, far exceeding market expectations. These results prompted the business to raise its full-year revenue and profit forecasts, reflecting continued momentum in diagnostics and laboratory services.

A key growth driver has been the rollout of the inVue Dx analyzer, a rapid blood and ear canal diagnostic device. Roughly 2,400 units were installed in Q2, prompting an upward revision of the full-year installation target to 5,500 units. This launch strengthens IDXX’s leadership in point-of-care veterinary testing and supports accelerating organic growth.

Analysts now project 2025 earnings per share between $12.40 and $12.76, reflecting expanding margins and strong operational performance. Over the past three years, IDEXX Laboratories, Inc. (NASDAQ:IDXX) shares have returned 97%, significantly outperforming competitors such as Zoetis and the broader market, highlighting its position as a top-performing stock in the animal health sector.

While we acknowledge the risk and potential of IDXX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than IDXX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy NOW 

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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