IEP — Icahn Enterprises LP

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates IEP Bearish with a Setup Score of 48, net conviction 56, actionability 42. How the Setup Score works →

Total Setup Score48
Directional BiasBearish
Net Conviction56
Actionability42 (in range)

Key signals behind this score

About Icahn Enterprises LP

Icahn Enterprises L.P., through its subsidiaries engages in the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and internationally. The Investment segment invests its proprietary capital through various private investment funds; and it provides investment advisory, administrative, and back-office services to the investment funds. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$6.65
Market Cap$4.81B
Float51.7M
Shares Outstanding710.9M
P/E (Forward)28.82
Price/Sales (TTM)0.46
vs. Analyst Target+80.5% to analyst PT
Profit Margin-4.96%
Operating Margin (TTM)-8.64%
Revenue (TTM)$10.39B
Earnings Growth (YoY)959.60%
Dividend Rate2.0%
Analyst Target Price$12.00

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $6.67B -$1.62B -$196M -$1.45B
2021 $12.29B -$604M $2.33B $605M
2022 $14.42B -$179M $2.20B $1.09B
2023 $11.92B -$670M $1.95B $150M
2024 $10.17B -$436M $935M $467M
2025 $9.41B -$293M $834M $762M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $2.73B $287M
Dec 2025 $2.73B $1.0M
Mar 2026 $2.17B -$450M
Jun 2026 $3.08B -$355M

Ownership & Float

Insider Ownership0.0%
Institutional Ownership94.8%
Short Float35.2%
% of All Funds Holding1.33%
Number of Funds Holding117

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$6.95Near-term / short-term trend
Weekly40-Week SMA$7.54Medium-term trend
Weekly80-Week SMA$7.99Cyclical trend (business cycle)
Weekly200-Week SMA$17.14Secular trend (multi-year)
Monthly10-Month SMA$7.43Near-term monthly trend
Monthly20-Month SMA$7.91Medium-term monthly trend
Monthly40-Month SMA$12.14Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$7.80 resistance 1.51x 1 months ago
$8.30 resistance 1.24x 4 months ago
$11.00 resistance 1.46x 21 months ago
$12.60 resistance 1.08x 22 months ago
$17.70 resistance 1.88x 25 months ago

Historical Earnings Reactions (110 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.33% 0.00% 46.36% 11.58% -5.80%
1 Day 0.33% 0.27% 54.55% 14.21% -8.25%
1 Week 0.08% -0.34% 46.36% 19.71% -26.30%
2 Weeks -2.11% -2.53% 32.73% 43.40% -35.97%
1 Month -1.49% -3.37% 33.03% 44.84% -36.56%

Next earnings: November 4, 2026 (26 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan6.8%82.1%39
Feb2.4%64.1%39
Mar-5.0%23.1%39
Apr1.5%48.7%39
May-0.9%51.3%39
Jun1.9%41.0%39
Jul1.9%56.4%39
Aug-2.4%30.0%40
Sep-1.9%30.0%40
Oct0.1%46.2%39
Nov2.7%48.7%39
Dec-2.4%41.0%39

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.07% 40.0% 1861
Tuesday 0.08% 42.2% 2026
Wednesday -0.03% 41.9% 2024
Thursday -0.02% 42.5% 1987
Friday 0.12% 44.7% 1976

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 94.8%

Insider Transactions — Smart Summary

Total insider ownership: 0.0%

12-Month Insider Activity Summary

Total Filings1
Net Value-$161,489.089
Net Shares Change0
% of Float0.0%
C-Suite Filings1
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Flint Robert Chief Financial Officer -$161,489.089 1 1 sell

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-18 Flint Robert Chief Financial Officer -$161,489.089 Transaction at $7.88, now -15.6%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Icahn Enterprises LP (IEP) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for IEP on Trend Edge →