Icahn Enterprises L.P. (IEP)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Icahn Enterprises L.P. (IEP) trades at $7.29 with AI Score 29/100 (Grade F). Icahn Enterprises L. P. is a diversified holding company operating across various sectors including investment, energy, automotive, and real estate. Market cap: $4.90B, Sector: Industrials.
Price live · AI analysis from May 10, 2026IEP stock analysis for 2026: Analysts have set a consensus price target of $12.00 for Icahn Enterprises L.P., suggesting 64.7% upside from the current price of $7.29. The AI MoonshotScore is 29/100, indicating a bearish outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
IEP: 1/1 perspectives are bearish.
How is this calculated? →Icahn Enterprises L.P. (IEP) Industrial Operations Profile
Icahn Enterprises L.P. is a diversified holding company with interests spanning investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals. The company's investment segment deploys proprietary capital, while its operating businesses serve diverse markets, contributing to a complex and multifaceted business model.
What Is the Investment Thesis for IEP?
Icahn Enterprises L.P. presents a complex investment case due to its diversified operations and investment strategies. A key value driver is the company's ability to generate returns through its investment segment, leveraging proprietary capital across various private investment funds. The company's high dividend yield of 24.94% may attract income-seeking investors. However, the company's negative profit margin of -4.8% and exposure to cyclical industries present potential risks. Future performance will likely depend on the successful execution of its investment strategies and the performance of its operating businesses. Investors should closely monitor the company's financial performance and strategic decisions to assess its long-term value.
Based on FMP financials and quantitative analysis
IEP Key Highlights
- Market capitalization of $4.90B reflects the company's current valuation in the market.
- Dividend yield of 24.94% offers a substantial income stream to investors, but requires careful evaluation of sustainability.
- Beta of 0.77 indicates lower volatility compared to the overall market.
- Negative profit margin of -4.8% signals potential challenges in profitability.
- Gross margin of 8.4% reflects the company's efficiency in generating revenue from its products and services.
Who Are IEP's Competitors?
IEP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| POWL Powell Industries, Inc. | $246.33 | -7.00% | $8.97B | 95 |
| ENS EnerSys | $213.95 | +3.52% | $7.81B | 86 |
| SEB Seaboard Corporation | $4472.73 | +3.13% | $4.28B | 71 |
| CAR Avis Budget Group, Inc. | $162.37 | -0.65% | $5.74B | — |
| HRI Herc Holdings Inc. | $136.66 | +1.30% | $4.56B | 39 |
| CRESY Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria | $11.05 | +0.36% | $716.86M | 64 |
| RSDEF Ramsdens Holdings PLC | $2.39 | +0.00% | $78.15M | 59 |
| MPCFF Metro Pacific Investments Corporation | $0.05 | +0.00% | $1.43B | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are IEP's Key Strengths?
- Diversified business operations across multiple sectors.
- Proprietary capital for strategic investments.
- Established presence in various industries.
- High dividend yield.
What Are IEP's Weaknesses?
- Negative profit margin.
- Exposure to cyclical industries.
- Complex organizational structure.
- Dependence on investment performance.
What Could Drive IEP Stock Higher?
- Strategic investments in high-growth sectors.
- Operational improvements across various business segments.
- Potential acquisitions to expand market presence.
- Real estate development projects in key markets.
What Are the Key Risks for IEP?
- Financial-distress signal — its Altman Z-Score of 1.56 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-13.0%) — the business is not currently generating profit on shareholder capital.
- Economic downturns affecting business operations.
- Regulatory changes impacting various sectors.
- Increased competition in key markets.
- Fluctuations in energy prices.
- Dependence on investment performance.
What Are the Growth Opportunities for IEP?
- Expansion in Renewable Energy: Icahn Enterprises can capitalize on the growing demand for renewable energy by increasing investments in sustainable energy projects within its Energy segment. The global renewable energy market is projected to reach $1.1 trillion by 2027, offering substantial growth potential. Strategic partnerships and technological advancements can enhance the company's competitive position in this sector.
- Strategic Acquisitions in Automotive Sector: The Automotive segment can expand through strategic acquisitions of complementary businesses, enhancing its distribution network and service offerings. The automotive aftermarket is expected to grow, driven by the increasing average age of vehicles and rising demand for maintenance and repair services. Targeted acquisitions can strengthen the company's market presence and improve profitability.
- Real Estate Development in High-Growth Markets: The Real Estate segment can focus on developing properties in high-growth markets, capitalizing on increasing demand for residential and commercial spaces. Urbanization and population growth are driving demand for real estate, particularly in emerging markets. Strategic land acquisitions and innovative development projects can generate significant returns for the company.
- Pharmaceutical Innovation and Expansion: Icahn Enterprises can drive growth in its Pharma segment through investments in research and development and strategic partnerships to expand its product portfolio. The global pharmaceutical market is experiencing growth, driven by aging populations and increasing healthcare spending. Focusing on niche markets and innovative therapies can enhance the company's competitive advantage.
- Optimizing Investment Portfolio: The Investment segment can enhance returns by optimizing its portfolio allocation and focusing on high-growth investment opportunities. Private equity and venture capital investments can generate significant returns, particularly in technology and healthcare sectors. Effective risk management and strategic capital deployment are crucial for maximizing investment performance.
What Opportunities Does IEP Have?
- Expansion in renewable energy sector.
- Strategic acquisitions to enhance market position.
- Real estate development in high-growth markets.
- Pharmaceutical innovation and expansion.
What Threats Does IEP Face?
- Economic downturns affecting business operations.
- Regulatory changes impacting various sectors.
- Increased competition in key markets.
- Fluctuations in energy prices.
What Are IEP's Competitive Advantages?
- Diversified business operations across multiple sectors.
- Proprietary capital for strategic investments.
- Established presence in various industries.
- Experienced management team with a track record of value creation.
What Does IEP Do?
Icahn Enterprises L.P., incorporated in 1987 and headquartered in Sunny Isles Beach, Florida, functions as a diversified holding company. The company operates through various subsidiaries across multiple sectors, including investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals, both in the United States and internationally. Its Investment segment is actively involved in deploying proprietary capital through private investment funds, seeking long-term value creation. The Energy segment focuses on refining and marketing transportation fuels, as well as producing and marketing nitrogen fertilizers, including urea ammonium nitrate and ammonia. The Automotive segment engages in the retail and wholesale distribution of automotive parts and provides automotive repair and maintenance services. The Food Packaging segment manufactures and sells cellulosic, fibrous, and plastic casings used in processed meat products. The Real Estate segment is involved in the rental of retail, office, and industrial properties, construction and sale of single-family homes and residential units, and the operation of golf and club facilities, as well as hotel and timeshare resorts. The Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services. Icahn Enterprises' diverse portfolio reflects a strategy of opportunistic investment and active management across a range of industries.
What Products and Services Does IEP Offer?
- Invests proprietary capital through private investment funds.
- Refines and markets transportation fuels.
- Produces and markets nitrogen fertilizers.
- Distributes automotive parts through retail and wholesale channels.
- Offers automotive repair and maintenance services.
- Produces and sells food packaging casings.
- Engages in real estate rental, construction, and sales.
- Manufactures, sources, and sells home fashion products.
- Offers pharmaceutical products and services.
How Does IEP Make Money?
- Diversified operations across multiple sectors including investment, energy, automotive, real estate, and pharmaceuticals.
- Generates revenue through sales of products and services in its operating businesses.
- Invests proprietary capital in private investment funds to generate returns.
- Manages a portfolio of diverse assets to mitigate risk and enhance long-term value.
What Industry Does IEP Operate In?
Icahn Enterprises L.P. operates within the conglomerates industry, characterized by diversified business operations across various sectors. The industry is influenced by macroeconomic trends, regulatory changes, and sector-specific dynamics. Competitors like Powell Industries, Inc. (POWL), EnerSys (ENS), Seaboard Corporation (SEB), Avis Budget Group, Inc. (CAR), and Herc Holdings Inc. (HRI) operate in specific segments, while Icahn Enterprises maintains a broader portfolio. The conglomerates industry requires effective management of diverse assets and strategic capital allocation to drive long-term growth and profitability.
Who Are IEP's Key Customers?
- Consumers purchasing transportation fuels and automotive parts.
- Farmers and agricultural businesses using nitrogen fertilizers.
- Meat processing companies purchasing food packaging casings.
- Tenants renting retail, office, and industrial properties.
- Homeowners and residents purchasing homes and using residential facilities.
- Consumers purchasing home fashion products.
- Patients and healthcare providers purchasing pharmaceutical products and services.
How Icahn Enterprises L.P. Is Valued
Icahn Enterprises L.P. carries a market capitalization of $4.90B, placing it in the mid-cap category. Relative to its peer group, IEP's quantitative score of 29/100 is below the peer average of 73/100.
ROE -13%Key Financial Metrics
Return on equity for Icahn Enterprises L.P. stands at -13.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -2.5%, showing how much profit it generates from its asset base. Its free cash flow yield is -2.1%, a gauge of the cash the business throws off relative to its market value. A current ratio of 3.05 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -7.8%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Icahn Enterprises L.P.'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 1.56 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Icahn Enterprises L.P. revenue of about $9.57B for fiscal 2026, with EPS near $-0.40.
IEP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Icahn Enterprises has seen increased insider buying, suggesting that management is confident in the company's future performance.
- Recent community sentiment has turned positive, with discussions highlighting Icahn's strategic investments and potential growth areas.
- The company’s diversified portfolio across various sectors may provide resilience against market volatility, appealing to long-term investors.
- Market perception has shifted favorably, as analysts recognize Icahn's historical ability to unlock value in underperforming assets.
Bear Case
- Concerns about the overall economic environment have led to skepticism regarding Icahn Enterprises' ability to navigate potential downturns.
- Some community members express doubts about the sustainability of Icahn's investment strategies, fearing they may not yield expected returns.
- Recent news surrounding regulatory scrutiny in sectors where Icahn operates has raised red flags for some investors, impacting sentiment negatively.
- There is a perception that the company's heavy reliance on activist investing may not be as effective in the current market climate, leading to caution among traders.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
IEP Latest News
IEP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for IEP.
Price Targets
Consensus target: $12.00
IEP MoonshotScore
What does this score mean?
The MoonshotScore rates IEP's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry ConglomeratesLeadership: Andrew Teno
CEO
Andrew Teno serves as the CEO of Icahn Enterprises L.P., overseeing the company's diverse operations and investment strategies. His background includes experience in investment management and financial analysis. Prior to his role at Icahn Enterprises, Teno held positions at various investment firms, focusing on value investing and special situations. He brings a wealth of knowledge in capital allocation and strategic decision-making to the company.
Track Record: Since assuming the role of CEO, Andrew Teno has focused on optimizing the company's investment portfolio and enhancing operational efficiency across its various business segments. He has overseen strategic acquisitions and divestitures to streamline operations and improve profitability. His leadership has been instrumental in navigating the company through challenging market conditions and positioning it for long-term growth.
IEP Industrials Stock FAQ
What does Icahn Enterprises L.P. do?
Icahn Enterprises L.P. is a diversified holding company that operates through various subsidiaries across multiple sectors, including investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals. The company invests its proprietary capital through private investment funds and generates revenue through sales of products and services in its operating businesses. Its diverse portfolio reflects a strategy of opportunistic investment and active management across a range of industries, contributing to a complex and multifaceted business model.
What do analysts say about IEP stock?
Analyst coverage of Icahn Enterprises L.P. is limited, reflecting its unique business model and diversified operations. Key valuation metrics include market capitalization, dividend yield, and book value. Growth considerations center on the company's ability to generate returns through its investment segment and the performance of its operating businesses. Investors should closely monitor the company's financial performance and strategic decisions to assess its long-term value. The company's high dividend yield is a key consideration for investors.
What are the main risks for IEP?
Icahn Enterprises L.P. faces several risks, including economic downturns affecting its business operations, regulatory changes impacting various sectors, increased competition in key markets, and fluctuations in energy prices. The company's dependence on investment performance and exposure to cyclical industries also present potential challenges. Effective risk management and strategic capital allocation are crucial for mitigating these risks and ensuring long-term sustainability. The company's negative profit margin also poses a significant risk.
What are the key factors to evaluate for IEP?
Icahn Enterprises L.P. (IEP) holds an AI score of 29/100 (low). Analysts target $12.00 (+65%). Not financial advice.
How frequently does IEP data refresh on this page?
IEP prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven IEP's recent stock price performance?
Icahn Enterprises L.P. (IEP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified business operations across multiple sectors. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider IEP overvalued or undervalued right now?
Valuing Icahn Enterprises L.P. (IEP) requires multiple metrics. Analysts target $12.00 (+65%) — upside seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying IEP?
Before investing in Icahn Enterprises L.P. (IEP), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
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- Information is based on available data and may be subject to change.
- Investment decisions should be based on individual risk tolerance and financial circumstances.