Does ICF (ICFI) Have the Potential to Rally 39.89% as Wall Street Analysts Expect?

Core Viewpoint - ICF International (ICFI) shares have increased by 2.1% recently, with a mean price target of $180.50 suggesting a potential upside of 39.9$129.03 [1] Price Targets - The mean estimate consists of four short-term price targets with a standard deviation of $34.20, indicating variability among analysts [2] - The lowest estimate of$140 suggests an 8.5% increase, while the highest estimate predicts a surge of 72.8% to $223 [2] Analyst Consensus and Earnings Estimates - Analysts show strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [4][9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 0.8%, with one estimate moving higher and no negative revisions [10] Zacks Rank - ICFI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] Price Target Reliability - While consensus price targets are often sought after, they can mislead investors, and analysts may set overly optimistic targets due to business incentives [5][6] - A low standard deviation among price targets indicates a high degree of agreement among analysts regarding the stock's price movement [7]