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Icahn Enterprises LP (IEP)
NASDAQ:IEP
US Market
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Icahn Enterprises (IEP) Price & Analysis

2,700 Followers

IEP Stock Chart & Stats

$8.00
-$0.15(-1.66%)
At close: 4:00 PM EST
$8.00
-$0.15(-1.66%)

Bulls Say, Bears Say

Bulls Say
Diversified Holding-company ModelIEP’s multi-industry holding structure spreads revenue and operational risk across cyclical and non-cyclical businesses, enabling capital reallocation and risk mitigation. That durable diversification supports NAV stability and optionality to redeploy cash across segments over the medium term.
Strong Near-term LiquiditySubstantial holding-company and subsidiary liquidity gives Icahn Enterprises flexibility to fund distributions, cover obligations, and pursue opportunistic investments without immediate asset sales. That cash buffer materially reduces short-term refinancing and operational stress risk over coming quarters.
Improving Operating Cash Generation And Operational TailwindsOperating cash flow turning positive and high refining utilization indicate underlying businesses can generate cash when commodity and demand conditions cooperate. Combined with strong fertilizer results, this supports medium-term cash coverage for capex and gradual deleveraging when trends persist.
Bears Say
High Leverage Relative To EquityThe capital structure is still risk‑tilted: material debt on a thin equity base limits financial flexibility and amplifies earnings shocks. Even with some debt reduction, high leverage constrains investment choices and increases refinancing and covenant risk if profitability does not sustainably recover.
Recurring Net Losses And Weak ProfitabilityConsistent net losses and negative ROE signal the group’s earnings power is insufficient to rebuild equity organically. Persistent below‑line losses undermine long-term distribution sustainability and make deleveraging dependent on either recovery in operating profits or non‑recurring portfolio gains.
Investment/funding Strategy Volatility (hedges/shorts)Large derivative and hedge losses this quarter and a sizable net short stance show the investment segment can materially swing consolidated results. Such directional positioning injects recurring volatility into NAV and distributable cash, complicating long-term planning and raising the probability of future earnings shocks.

Icahn Enterprises News

IEP FAQ

What was Icahn Enterprises LP’s price range in the past 12 months?
Icahn Enterprises LP lowest stock price was $7.08 and its highest was $9.75 in the past 12 months.
    What is Icahn Enterprises LP’s market cap?
    Icahn Enterprises LP’s market cap is $4.90B.
      When is Icahn Enterprises LP’s upcoming earnings report date?
      Icahn Enterprises LP’s upcoming earnings report date is Jul 31, 2026 which is in 40 days.
        How were Icahn Enterprises LP’s earnings last quarter?
        Icahn Enterprises LP released its earnings results on May 06, 2026. The company reported -$0.71 earnings per share for the quarter, missing the consensus estimate of $0.1 by -$0.81.
          Is Icahn Enterprises LP overvalued?
          According to Wall Street analysts Icahn Enterprises LP’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Icahn Enterprises LP pay dividends?
            Icahn Enterprises LP pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 27.59%. See more information on Icahn Enterprises LP dividends here
              What is Icahn Enterprises LP’s EPS estimate?
              Icahn Enterprises LP’s EPS estimate is 0.11.
                How many shares outstanding does Icahn Enterprises LP have?
                Icahn Enterprises LP has 672,050,540 shares outstanding.
                  What happened to Icahn Enterprises LP’s price movement after its last earnings report?
                  Icahn Enterprises LP reported an EPS of -$0.71 in its last earnings report, missing expectations of $0.1. Following the earnings report the stock price went down -4.68%.
                    Which hedge fund is a major shareholder of Icahn Enterprises LP?
                    Currently, no hedge funds are holding shares in IEP
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Icahn Enterprises LP

                      Icahn Enterprises L.P. (IEP) is a diverse holding company that operates through its various subsidiaries across numerous industries, serving both the United States and international markets. Its core business activities span investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals. Specifically, the Investment division strategically deploys its own capital by managing a portfolio of private investment funds. The Energy segment is involved in both refining and marketing transportation fuels, alongside the production and distribution of nitrogen-based fertilizers, including urea ammonium nitrate and ammonia. Within the Automotive sector, IEP handles the wholesale and retail distribution of vehicle components, in addition to offering comprehensive auto repair and maintenance services. The Food Packaging segment focuses on manufacturing and supplying various casings—such as cellulosic, fibrous, and plastic types—that are essential for preparing processed meat products. Its extensive Real Estate operations encompass leasing commercial properties (retail, office, and industrial), constructing and selling residential units and single-family homes, and managing golf courses, clubs, hotels, and timeshare resorts. The Home Fashion division is responsible for the entire lifecycle of consumer home products, from manufacturing and sourcing to marketing, distribution, and sales. Lastly, the Pharmaceutical segment provides a range of medicinal products and related services. Established in 1987, Icahn Enterprises L.P. maintains its principal corporate office in Sunny Isles Beach, Florida.

                      Icahn Enterprises (IEP) Earnings & Revenues

                      IEP Company Deck

                      IEP Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Neutral
                      The call presented a mixed picture: clear operational and portfolio highlights (NAV up $201M, strong CVI contribution and dividend, solid liquidity of ~$2.8B at the holding company and $1.3B at subsidiaries, positive standalone fund performance excluding hedges, several portfolio companies showing stock and operational gains, and certain segment improvements). However, large, concentrated losses tied to refining hedges and energy derivatives (totaling several hundred million), a sizeable net loss ($459M), negative adjusted EBITDA for the quarter, increased net short exposure in the funds, and multiple segment-level EBITDA declines tempered the positives. Management emphasized liquidity, positioning, and opportunities ahead, but near-term financials were materially impacted by hedging and market-driven headwinds.View all IEP earnings summaries
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                      Ownership Overview

                      86.59%0.05%0.09%12.37%
                      86.59% Insiders
                      0.09% Other Institutional Investors
                      12.37% Public Companies and
                      Individual Investors
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