Icahn Enterprises (IEP) Stock Update: High-Yield Debate, Analyst Targets Near $12, and What to Watch When Markets Reopen
NEW YORK, Dec. 28, 2025, 3:23 a.m. ET — Market closed Icahn Enterprises L.P. (NASDAQ: IEP) heads into the final full trading week of 2025 with investors balancing two competing storylines: a headline-grabbing distribution yield that looks enormous on paper, and persistent questions about sustainability, valuation, and what the partnership’s units are really “worth” versus what they trade for in the market. With U.S. stock exchanges closed for the weekend, the most current read on IEP is still anchored to Friday’s post-Christmas session—one marked by unusually light volume across Wall Street as major indexes hovered near record levels and traders