ICON PLC (ICLR)
NASDAQ: ICLR · IEX Real-Time Price · USD
300.08
-9.36 (-3.02%)
At close: Apr 25, 2024, 4:00 PM
300.00
-0.08 (-0.03%)
After-hours: Apr 25, 2024, 5:30 PM EDT
ICON PLC Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for ICON PLC stock have an average target of 320.8, with a low estimate of 220 and a high estimate of 367. The average target predicts an increase of 6.90% from the current stock price of 300.08.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ICON PLC stock from 10 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Buy | 2 | 3 | 3 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $345 → $362 | Buy | Maintains | $345 → $362 | +20.63% | Apr 4, 2024 |
| Mizuho | Mizuho | Strong Buy Reiterates $346 | Strong Buy | Reiterates | $346 | +15.30% | Apr 4, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $325 → $350 | Buy | Maintains | $325 → $350 | +16.64% | Feb 23, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $315 → $346 | Strong Buy | Maintains | $315 → $346 | +15.30% | Feb 23, 2024 |
| Barclays | Barclays | Buy Maintains $325 → $355 | Buy | Maintains | $325 → $355 | +18.30% | Feb 23, 2024 |
Financial Forecast
Revenue This Year
8.81B
from 8.12B
Increased by 8.48%
Revenue Next Year
9.45B
from 8.81B
Increased by 7.30%
EPS This Year
15.24
from 7.40
Increased by 105.99%
EPS Next Year
17.39
from 15.24
Increased by 14.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2B | 9.9B | 10.7B | 11.3B | 12.1B |
| Avg | 8.8B | 9.5B | 10.1B | 11.0B | 11.8B |
| Low | 8.3B | 8.8B | 9.4B | 10.5B | 11.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.2% | 12.5% | 12.9% | 11.9% | 10.5% |
| Avg | 8.5% | 7.3% | 7.1% | 8.2% | 7.3% |
| Low | 2.5% | 0.2% | -1.0% | 3.3% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 15.92 | 18.27 | 20.74 | 23.57 | 20.00 |
| Avg | 15.24 | 17.39 | 19.49 | 20.68 | 19.43 |
| Low | 14.36 | 15.24 | 16.32 | 16.50 | 18.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 115.1% | 19.9% | 19.3% | 21.0% | -3.3% |
| Avg | 106.0% | 14.1% | 12.0% | 6.1% | -6.0% |
| Low | 94.0% | -0.0% | -6.2% | -15.3% | -9.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.