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Iconix Brand Group (ICON) Stock Forecast & Price Target

Iconix Brand Group - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 1 Wall Street analysts who have issued ratings for Iconix Brand Group in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for ICON.

Consensus Price Target

$7.00
209.73% Upside
High Forecast$7.00
Average Forecast$7.00
Low Forecast$7.00

According to the 1 analysts' twelve-month price targets for Iconix Brand Group, the average price target is $7.00. The highest price target for ICON is $7.00, while the lowest price target for ICON is $7.00. The average price target represents a forecasted upside of 209.73% from the current price of $2.26.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Buy
N/AN/AN/A
Strong Buy
0 Strong Buy rating(s)
N/A N/A N/A
Buy
1 Buy rating(s)
N/A N/A N/A
Hold
0 Hold rating(s)
N/A N/A N/A
Sell
0 Sell rating(s)
N/A N/A N/A
Consensus Price Target$7.00N/AN/AN/A
Forecasted Upside209.73% UpsideN/AN/AN/A

ICON Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ICON Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Iconix Brand Group Stock vs. The Competition

TypeIconix Brand GroupTransportation CompaniesS&P 500
Consensus Rating Score
3.00
2.55
2.50
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside209.73% Upside30.59% Upside7.94% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
8/27/2024Maxim Group
5 of 5 stars
T. Sullivan
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Initiated CoverageBuy$7.00+216.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:02 PM ET.

ICON Forecast - Frequently Asked Questions

What is Iconix Brand Group's forecast for 2024?

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for Iconix Brand Group is $7.00, with a high forecast of $7.00 and a low forecast of $7.00.

Should I buy or sell Iconix Brand Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Iconix Brand Group in the last twelve months. There is currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ICON shares.

Does Iconix Brand Group's stock price have much upside?

According to analysts, Iconix Brand Group's stock has a predicted upside of 216.74% based on their 12-month stock forecasts.

What analysts cover Iconix Brand Group?

Iconix Brand Group has been rated by research analysts at Maxim Group in the past 90 days.

Do Wall Street analysts like Iconix Brand Group more than its competitors?

Analysts like Iconix Brand Group more than other "transportation" companies. The consensus rating for Iconix Brand Group is Buy while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how ICON compares to other companies.



This page (NASDAQ:ICON) was last updated on 9/19/2024 by MarketBeat.com Staff
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