ICFI Price Prediction Next Week
Analysis and Insights
News Sentiment and Analyst Downgrades:
ICF International (ICFI) has faced recent analyst downgrades, which could impact its stock price. Canaccord Genuity downgraded the stock from Buy to Hold, lowering the price target from $200 to $100, while Barrington reduced the target from $174 to $102, citing concerns over flat to declining revenue and earnings guidance for 2025.
Technical Indicators:
- RSI: ICFI's RSI is around 34, indicating oversold conditions.
- MACD: The MACD is negative, showing downward momentum.
- Moving Averages: The stock is below its 20, 50, 60, 200, and 250-day moving averages, signaling a bearish trend.
- Fibonacci Levels: Support at $83.87 and resistance at $90.70.
Price Action:
The stock closed at $84.81 on March 24, with a 0.92% increase during regular trading. However, the overall trend remains bearish, with potential selling pressure due to downgrades.
Conclusion:
Given the bearish technical indicators and analyst downgrades, ICFI is expected to decline. The predicted price for the next trading week is $83.50, and the recommendation is to sell.
ICFI Similar Chart Price Prediction
The price of ICFI is predicted to go up -1.78%, based on the high correlation periods with MNST. The similarity of these two price pattern on the periods is 98.1%.
ICFI
MNST
Down: -1.78%Similarity: 98.1%
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%
