The units price at a deep discount on earnings-based multiples (forward P/E of 9.0x, near-zero PEG), yet the discount is explained by chronically impaired operating metrics, no competitive moat, and two earnings misses in the three most recently reported quarters; price momentum has also failed its minimum threshold and high short interest of 13% reflects broad market skepticism about whether the apparent cheapness translates into investable value.
Thesis pillars
- Earnings Volatility Unsupported Yield→Stable
- Energy Segment Concentration Risk↓Deteriorating
- Cheap Multiples Impaired Quality↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 26, 2026
Icahn Enterprises L.P. - Deposi (IEP) Stock Analysis
Oversold Bounce setup
Energy · Oil & Gas Refining & Marketing
Sell if holding. Engine safety override at $5.25: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: High short interest: 11%; Elevated put/call ratio: 3.36; Below-average business quality.
Icahn Enterprises L.P. is a diversified Delaware master limited partnership with seven operating segments — Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion, and Pharma — where the Energy segment (CVR Energy) generates roughly 83% of consolidated net... Read more
Sell if holding. Engine safety override at $5.25: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: High short interest: 11%; Elevated put/call ratio: 3.36; Below-average business quality. Chart setup: Oversold RSI 10, near Bollinger lower, volume surge. Score 5.3/10, moderate confidence.
Passes 5/8 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and earnings proximity 3d<=7d. Suitability: aggressive.
Recent developments
updated 2026-10-30Recent Developments — Icahn Enterprises L.P. - Deposi
Latest news
- NEWS 9 Industrials Stocks With Whale Alerts In Today’s Session — benzinga Oct 15, 2026 neutral
- NEWS Icahn Enterprises Q2 2026 Earnings Call: Complete Transcript — benzinga Oct 8, 2026 neutral
- NEWS Icahn Enterprises Q2 2026 Earnings Call Transcript — benzinga Oct 8, 2026 neutral
- NEWS Carl Icahn Trims JetBlue, AEP Stakes While Sitting Out New Stock Bets — benzinga Aug 17, 2026 neutral
- NEWS Evolution Metals & Technologies, Barfresh Food Group, Snap And Other Big Stocks Moving Lower In Monday’s Pre-Market Sess — benzinga Aug 17, 2026 neutral
Generated 2026-10-30T13:18:02Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductEnergy segment83%10-K Item 1: 'Our Energy segment's net sales...represented approximately 83% consolidated net sales, primarily from the sale of its petroleum products.'
- LOWCustomerrefining top customer12%10-K Item 1: 'The refining business's top customer represented 12% and 13% of its net sales for the years ended December 31, 2025 and 2024, respectively'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
5 floor-breakers·1 ceiling hit
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static
Risk profile below the gate floor. Component breakdown shows what dragged the score down.static
Price action weak — below key moving averages, no momentum carry. Needs a base before trend-continuation setups apply.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $5.25: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.3/10. Specifically: High short interest: 11%; Elevated put/call ratio: 3.36; Below-average business quality. Chart setup: Oversold RSI 10, near Bollinger lower, volume surge. Prior stop was $5.01. Score 5.3/10, moderate confidence.
Resistance target: $6.71 (+27.8% upside). Prior stop was $5.01. Stop-loss: $5.01.
Concentration risk — Product: Energy segment (83.0%); Quality below floor (2.0 < 4.0).
Icahn Enterprises L.P. - Deposi trades at a P/E of N/A (forward 6.5). TrendMatrix value score: 8.1/10. Verdict: Sell.
5 analysts cover IEP with a consensus score of 4.2/5.
What does Icahn Enterprises L.P. - Deposi do?Icahn Enterprises L.P. is a diversified Delaware master limited partnership with seven operating segments — Investment,...
Icahn Enterprises L.P. is a diversified Delaware master limited partnership with seven operating segments — Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion, and Pharma — where the Energy segment (CVR Energy) generates roughly 83% of consolidated net sales through petroleum refining at refineries in Kansas and Oklahoma. Carl Icahn and affiliates hold approximately 86% of depositary units.