Icon Energy Corp. (ICON)
NASDAQ: ICON · Real-Time Price · USD
2.104
-0.006 (-0.29%)
Nov 20, 2024, 4:00 PM EST - Market closed
Icon Energy Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Icon Energy stock has a target of 7.00, which predicts an increase of 232.72% from the current stock price of 2.10.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 27, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Icon Energy is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Strong Buy Initiates $7 | Strong Buy | Initiates | $7 | +232.72% | Aug 27, 2024 |
| Roth Capital | Roth Capital | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 31, 2017 |
Financial Forecast
Revenue This Year
7.34M
from 4.48M
Increased by 64.08%
Revenue Next Year
14.69M
from 7.34M
Increased by 100.00%
EPS This Year
1.98
EPS Next Year
1.12
from 1.98
Decreased by -43.30%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 7.6M | 15.1M |
| Avg | 7.3M | 14.7M |
| Low | 7.1M | 14.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 68.9% | 105.9% |
| Avg | 64.1% | 100.0% |
| Low | 57.6% | 92.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.04 | 1.16 |
| Avg | 1.98 | 1.12 |
| Low | 1.90 | 1.08 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | -41.6% |
| Avg | - | -43.3% |
| Low | - | -45.5% |
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.