ICF International (ICFI) Stock Overview
Provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
ICFI passed our risk checks.
ICFI Community Fair Values
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Analyst Price Targets
ICF International, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$87.46 |
| 52 Week High | US$101.50 |
| 52 Week Low | US$58.83 |
| Beta | 0.53 |
| 1 Month Change | 1.11% |
| 3 Month Change | 31.50% |
| 1 Year Change | -9.47% |
| 3 Year Change | -29.20% |
| 5 Year Change | -0.13% |
| Change since IPO | 613.96% |
Recent News & Updates
Recent updates
Seeking Alpha • Jul 07
ICF International: The Worst Of The Federal Meltdown May Be Over
Summary ICF International is upgraded to 'buy' with ~22% price upside and ~30% total return potential, driven by de-risked revenue and a robust buyback program. ICFI's federal revenue grew 8% sequentially, signaling stabilization after significant contract cancellations, while electrification and energy remain growth drivers. The company’s backlog covers nearly two years of revenue, with a strengthening book-to-bill ratio and reduced reliance on federal contracts. ICFI’s $165M buyback authorization, comfortable leverage (2.1–2.2x net debt/EBITDA), and ongoing M&A optionality further support the bullish thesis. Read the full article on Seeking Alpha
Narrative Update • Jun 22
ICFI: Federal Contract Wins And AI Solutions Will Drive Future Upside
Analysts kept their price target for ICF International steady at $124.00, citing only small adjustments in assumptions around discount rates, revenue growth, profit margins, and future P/E as the basis for maintaining their view. What's in the News ICF International reported a challenging Q1, with revenue down about 10.3% year over year and net profit down 23.57%, missing earnings per share estimates and coinciding with a 3.1% drop in the stock after the release (source: recent earnings coverage).Analysis Article • Jun 19
ICF International (ICFI) Stock Could Be 38.8% Undervalued After Q1 Earnings Miss
ICF International (ICFI) is back in focus after its latest quarterly report showed revenue and net profit declines year over year, with earnings and sales both coming in below analyst expectations. See our latest analysis for ICF International. ICF International's share price has been under pressure, with a 1-day share price return that declined 7.88% and a year to date share price return that fell 22.04%, while the 1-year total shareholder return declined 19.01%. This points to fading...Narrative Update • Jun 05
ICFI: Federal Contract Wins And Insider Buying Will Drive Future Upside Potential
Analysts are maintaining their $124.00 price target on ICF International, citing updated assumptions that include a slightly higher discount rate, a revenue growth outlook of 7.01%, a modestly lower profit margin of 6.70%, and a future P/E assumption of 17.89x. What's in the News Director Michael J.Narrative Update • May 07
ICFI: Federal And State Contract Wins Will Support Future Upside Potential
Analysts have maintained the price target for ICF International at $124, reflecting slightly adjusted assumptions for discount rate, revenue, profit margin, and future P/E based on updated views on the company. What's in the News ICF received a position on a new five-year multiple award blanket purchase agreement from the U.S. Defense Counterintelligence and Security Agency for software engineering services to modernize National Background Investigation Services systems, with a total ceiling of US$800 million across 12 vendors (Key Developments).
Narrative Update • Apr 22
ICFI: Federal And State Contracts Will Drive Stronger Long Term Upside
Analysts have kept their price target for ICF International steady at $80.00, citing only modest changes to discount rate, revenue growth, profit margin, and future P/E assumptions that leave their overall valuation view broadly unchanged. What's in the News Defense Counterintelligence and Security Agency awarded ICF a position on a new multiple award blanket purchase agreement for software engineering services to modernize National Background Investigation Services systems, a five year vehicle with an $800 million ceiling across 12 awardees, where ICF can compete for task orders using cloud native design, zero trust architecture, open source technologies, agile DevSecOps, AI and automation (Client announcement).Narrative Update • Apr 08
ICFI: New Contracts And Buybacks Will Support Future Upside Potential
Analysts have raised their price target on ICF International by $8 to $124, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent Street research around ICF International points to a constructive tone, with the latest price target revision to $124 reflecting updated thinking on discount rates, revenue growth, profit margins, and future P/E assumptions.Narrative Update • Mar 25
ICFI: Contract Wins And Guidance Will Support Stronger Long Term Upside
Analysts have adjusted their price target on ICF International by $2, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, which they view as consistent with the latest Street research. Analyst Commentary While the latest research includes a price target adjustment that reflects refreshed assumptions around valuation inputs, not all commentary is upbeat.Narrative Update • Mar 10
ICFI: Future Contract Wins And Buybacks Will Support Upside Potential
Analysts now see fair value for ICF International at about $124, down from $133, reflecting updated views on discount rates, revenue growth, profit margins, and a lower assumed future P/E multiple informed in part by recent Street research such as Truist's price target revision. Analyst Commentary Recent Street research on ICF International has centered on updated valuation work, which has informed both the new fair value estimate of about $124 and changes to individual price targets such as the recent revision highlighted in the Truist report.
Narrative Update • Feb 24
ICFI: Recent Contract Wins Will Support Future Risk Adjusted Earnings Trajectory
Analysts have raised their price target on ICF International by $8, reflecting updated assumptions for the discount rate and long-term P/E, while keeping fair value estimates broadly in line with prior views. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as better aligning the stock with their updated long term P/E assumptions, suggesting they view current valuation as reasonable relative to their revised framework.Narrative Update • Feb 10
ICFI: Recent Contract Wins Will Support Future Execution Against Earnings Trajectory
Analysts recently nudged their price target on ICF International higher by $8, citing updated assumptions on discount rates, revenue growth, profit margins, and future P/E that still align with an unchanged fair value estimate of $108.75. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with their updated assumptions on revenue growth and margins, suggesting the current share price still leaves room relative to their fair value work.Narrative Update • Jan 26
ICFI: Recent Contract Wins And Earnings Resilience Will Support Future Upside
Analysts have raised their price target on ICF International by $5.50 to $108.75, citing updated assumptions for revenue growth, profitability, discount rate, and a lower future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with updated assumptions for revenue growth and profitability.Narrative Update • Jan 12
ICFI: Shutdown Revenue Hit Will Pressure Overvalued Shares Despite Maryland Contract
Analysts have adjusted their price target for ICF International to reflect updated assumptions around slightly lower discount rates, higher revenue growth of about 4.84% and modestly stronger profit margins of roughly 5.75%, together with a revised future P/E of about 14.51x. These factors support a refined valuation view in currency terms.Narrative Update • Dec 26
ICFI: Future Outlook Will Balance Shutdown Pressures With Digital Contract Opportunities
Analysts have modestly raised their price target on ICF International to reflect incremental improvements in projected revenue growth, profit margins, and long term earnings multiples, which results in a slightly higher implied equity valuation in dollar terms compared with prior estimates. What's in the News ICF was selected as one of eight prime awardees on Maryland's $300 million, nine year Agile Digital Experience Product Transformation contract to modernize state and local digital services and legacy systems (Client Announcements).Narrative Update • Dec 12
ICFI: Future Outlook Will Balance Lower Upside With Improving Profitability
Analysts have trimmed their price target on ICF International from 88.00 dollars to 82.00 dollars, citing a slightly higher discount rate that more than offsets improvements in projected revenue growth, profit margins, and a lower expected future price-to-earnings multiple. What's in the News Completed a long running share repurchase program, buying back 1,966,602 shares in total, representing about 10.46% of outstanding stock for $188.03 million, with no additional shares repurchased in the most recent quarter (company buyback update).Analysis Article • Sep 10
Calculating The Intrinsic Value Of ICF International, Inc. (NASDAQ:ICFI)
Key Insights The projected fair value for ICF International is US$113 based on 2 Stage Free Cash Flow to Equity ICF...Analysis Article • Jul 22
ICF International (NASDAQ:ICFI) Is Looking To Continue Growing Its Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Analysis Article • Jun 16
Earnings Working Against ICF International, Inc.'s (NASDAQ:ICFI) Share Price
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 18x, you may...Analysis Article • May 29
Shareholders May Not Be So Generous With ICF International, Inc.'s (NASDAQ:ICFI) CEO Compensation And Here's Why
Key Insights ICF International's Annual General Meeting to take place on 4th of June CEO John Wasson's total...Analysis Article • May 13
Is ICF International, Inc. (NASDAQ:ICFI) Trading At A 33% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, ICF International fair value estimate is US$133 ICF...Analysis Article • Apr 08
ICF International (NASDAQ:ICFI) Hasn't Managed To Accelerate Its Returns
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...Analysis Article • Mar 04
ICF International, Inc. (NASDAQ:ICFI) Analysts Just Cut Their EPS Forecasts Substantially
Market forces rained on the parade of ICF International, Inc. ( NASDAQ:ICFI ) shareholders today, when the analysts...Analysis Article • Jan 22
ICF International, Inc.'s (NASDAQ:ICFI) Intrinsic Value Is Potentially 89% Above Its Share Price
Key Insights The projected fair value for ICF International is US$252 based on 2 Stage Free Cash Flow to Equity ICF...Shareholder Returns
| ICFI | US Professional Services | US Market | |
|---|---|---|---|
| 7D | 1.5% | 0.6% | -1.6% |
| 1Y | -9.5% | -12.7% | 12.1% |
Return vs Industry: ICFI exceeded the US Professional Services industry which returned -12.7% over the past year.
Return vs Market: ICFI underperformed the US Market which returned 12.1% over the past year.
Price Volatility
| ICFI volatility | |
|---|---|
| ICFI Average Weekly Movement | 6.7% |
| Professional Services Industry Average Movement | 8.1% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: ICFI has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ICFI's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1969 | 7,686 | John Wasson | www.icf.com |
ICF International, Inc. provides management, technology, and policy consulting and implementation services to government and commercial clients in the United States and internationally. The Company provides consulting and technology services across several key domains, such as strategy and public policy; energy and environmental sustainability; and climate resilience; digital transformation including information technology; modernization, cloud, cybersecurity, and data analytics; health and social programs including public health and education; international development and capacity building; disaster management and recovery planning; transportation, aviation, and infrastructure; and marketing and strategic communications. The company serves energy, environment, infrastructure, and disaster recovery; health and social programs; and security and other civilian and commercial markets; U.S. federal government departments and agencies, local government departments and agencies, international governments, and commercial clients.
ICF International, Inc. Fundamentals Summary
| ICFI fundamental statistics | |
|---|---|
| Market cap | US$1.59b |
| Earnings (TTM) | US$88.55m |
| Revenue (TTM) | US$1.82b |
17.7x
P/E Ratio0.9x
P/S RatioIs ICFI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ICFI income statement (TTM) | |
|---|---|
| Revenue | US$1.82b |
| Cost of Revenue | US$1.14b |
| Gross Profit | US$676.71m |
| Other Expenses | US$588.17m |
| Earnings | US$88.55m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 4.94 |
| Gross Margin | 37.16% |
| Net Profit Margin | 4.86% |
| Debt/Equity Ratio | 38.7% |
How did ICFI perform over the long term?
See historical performance and comparisonDividends
0.6%
Current Dividend Yield12%
Payout RatioDoes ICFI pay a reliable dividends?
See ICFI dividend history and benchmarks| ICF International dividend dates | |
|---|---|
| Ex Dividend Date | Sep 04 2026 |
| Dividend Pay Date | Oct 09 2026 |
| Days until Ex dividend | 13 days |
| Days until Dividend pay date | 22 days |
Does ICFI pay a reliable dividends?
See ICFI dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/16 23:41 |
| End of Day Share Price | 2026/09/16 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ICF International, Inc. is covered by 14 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Steinke | Barrington Research Associates, Inc. |
| Samuel England | Berenberg |
| Jason Ross Tilchen | Canaccord Genuity |