ICFI Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Downgrades:
ICF International (ICFI) has recently faced multiple analyst downgrades, which could negatively impact its stock price. Canaccord Genuity downgraded the stock from Buy to Hold and lowered the price target from $200 to $100, citing concerns over revenue and earnings guidance for 2025. Similarly, Barrington analyst Kevin Steinke reduced the price target from $174 to $102 while maintaining an Outperform rating. These downgrades indicate a shift in market sentiment towards a more cautious outlook for ICFI.
Technical Indicators:
The technical analysis for ICFI shows bearish signals. The Relative Strength Index (RSI) values are below 50 (RSI_6: 47.72, RSI_12: 36.06, RSI_14: 34.81), indicating a bearish trend. The MACD is negative (-8.11), and the Stochastic Oscillator is at 40.46 (StochK) and 34.36 (StochD), suggesting the stock is oversold. The Fibonacci levels show a pivot point at $87.63, with resistance levels at $97.61 and $103.78, and support levels at $77.64 and $71.47.
Price Prediction and Recommendation:
Given the bearish technical indicators and negative analyst sentiment, ICFI's stock is expected to continue its downward trend. The stock is likely to test the lower Fibonacci support level of $77.64 in the next trading week.
Predicted Price: $77.64
Recommendation: Sell or avoid buying ICFI stock in the short term due to the bearish outlook.
ICFI Similar Chart Price Prediction
The price of ICFI is predicted to go up 3.05%, based on the high correlation periods with CANF. The similarity of these two price pattern on the periods is 98.84%.
ICFI
CANF
Up: 3.05%Similarity: 98.84%
ICFI Revenue Forecast
ICFI EPS Forecast
ICFI FAQs
What is ICFI revenue forecast for next quarter？
What is ICFI eps forecast for next quarter？
ICFI Analyst's Forecast
Kevin Steinke
Barrington Research
Buy
2025-03-03
Price Target
$174 → $102
Upside
+31.31%
Barrington analyst Kevin Steinke lowered the firm's price target on ICF International to $102 from $174 and keeps an Outperform rating on the shares. The firm says that while the company reported "solid" Q4 results, ICF's 2025 guidance calls for revenue, GAAP EPS, and non-GAAP EPS to be flat to down 10% year-over-year, with the 10% decline at the low end representing the maximum downside risk that the company foresees from the loss of business.
Tobey Sommer
Truist Securities
Hold
2024-11-22
Price Target
$180 → $140
Upside
+4.25%
Marc Riddick
Sidoti & Co.
Hold → Strong Buy
2024-11-19
Price Target
$185
Upside
+38.62%
