StreetInsider.com News Articles

ICON plc (ICLR) PT Raised to $164 at TD Cowen; 'Investigation Overhang Removed'

Mon, 01 Jun 2026 08:31:16 -0400

TD Cowen analyst Charles Rhyee raised the price target on ICON plc (NASDAQ: ICLR) to $164.00 (from $120.00) while maintaining a Buy rating.

The analyst commented: "Investigation Overhang Removed; Underlying Momentum Encouraging; We see ICLR's investigation conclusion as a reset to shares, as it removes uncertainty around accounting practices, but also due to strong underlying bookings momentum seen in 4Q. Mgmt. noting 4Q B2B strength continued into 1Q & 2Q and momentum in biotech mkt suggests efforts over past year is paying off. This coupled w/ solid biotech funding, sets up ICLR for 2H26 acceleration."

ICON plc (ICLR) PT Raised to $164 at TD Cowen; 'Investigation Overhang Removed'

Mon, 01 Jun 2026 08:31:16 -0400

TD Cowen analyst Charles Rhyee raised the price target on ICON plc (NASDAQ: ICLR) to $164.00 (from $120.00) while maintaining a Buy rating.

ICON plc (ICLR) PT Raised to $125 at BofA Securities

Mon, 01 Jun 2026 05:18:03 -0400

BofA Securities analyst Michael Ryskin raised the price target on ICON plc (NASDAQ: ICLR) to $125.00 (from $105.00) while maintaining a Underperform rating.

The analyst comments "Follow ICLR’s 4Q print (see first look), we believe the company largely addressed the longrunning accounting/restatement debate while resetting the baseline for FY26 expectations. Although revised cost-to-complete assumptions and mix weighed materially on 4Q profitability, mgmt. commentary around improving booking trends, lower cancellations, and stable customer engagement likely reduce near-term downside risk. That said, we believe shares still warrant some discount to peers (given new margin questions, and likely limited recovery till 2027). We update

ICON plc (ICLR) PT Raised to $125 at BofA Securities

Mon, 01 Jun 2026 05:18:03 -0400

BofA Securities analyst Michael Ryskin raised the price target on ICON plc (NASDAQ: ICLR) to $125.00 (from $105.00) while maintaining a Underperform rating.

ICON plc (ICLR) PT Raised to $126 at RBC Capital

Fri, 29 May 2026 04:44:44 -0400

RBC Capital analyst Ryan Halstead raised the price target on ICON plc (NASDAQ: ICLR) to $126.00 (from $123.00) while maintaining a Sector Perform rating.

The analyst comments "ICLR's 4Q25 earnings and restated financials are a de-risking event, but we remain on the sidelines until we get more data to gain conviction into the longer term outlook. The updated backlog and cancellation policies add to the many moving parts that provide a cleaner jumping-off point and clarity into 2026 outlook. However, we need more leading indicators that will set up ICLR for 2027 and beyond. We see momentum in the broader CRO

ICON plc (ICLR) PT Raised to $126 at RBC Capital

Fri, 29 May 2026 04:44:44 -0400

RBC Capital analyst Ryan Halstead raised the price target on ICON plc (NASDAQ: ICLR) to $126.00 (from $123.00) while maintaining a Sector Perform rating.

ICON plc (ICLR) PT Raised to $150 at Barclays

Fri, 29 May 2026 02:42:02 -0400

Barclays analyst Luke Sergott raised the price target on ICON plc (NASDAQ: ICLR) to $150.00 (from $120.00) while maintaining a Equalweight rating.

ICON plc (ICLR) PT Raised to $145 at Leerink

Thu, 28 May 2026 14:49:10 -0400

Leerink analyst Michael Cherny raised the price target on ICON plc (NASDAQ: ICLR) to $145.00 (from $125.00) while maintaining a Market Perform rating.

The analyst comments "We maintain our Market Perform rating on ICLR, as we see positive demand signs and putting the restatement in the rearview offset by what remains outstanding margin questions. The stock's rally today (+16.0% vs. S&P500 +0.5%) reflects optimism that the quality of the backlog and longerterm outlook for the business remain intact, despite nearterm headwinds to organic growth and a setback to EBITDA margin entering the year. We think ICLR moving back towards a normalized

ICON plc (ICLR) PT Raised to $145 at Leerink

Thu, 28 May 2026 14:49:10 -0400

Leerink analyst Michael Cherny raised the price target on ICON plc (NASDAQ: ICLR) to $145.00 (from $125.00) while maintaining a Market Perform rating.

ICON plc (ICLR) PT Raised to $180 at Deutsche Bank

Thu, 28 May 2026 07:13:32 -0400

Deutsche Bank analyst Justin Bowers raised the price target on ICON plc (NASDAQ: ICLR) to $180.00 (from $160.00) while maintaining a Buy rating.

ICON plc (ICLR) Misses Q1 EPS by 48c, Beats on Revenue; Offers FY Guidance

Wed, 27 May 2026 16:52:01 -0400

ICON plc (NASDAQ: ICLR) reported Q1 EPS of $2.52, $0.48 worse than the analyst estimate of $3.00. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $1.96 billion.

GUIDANCE:

ICON plc sees FY2026 EPS of $10.00-$11.00. ICON plc sees FY2026 revenue of $7.85-8.15 billion.

For earnings history and earnings-related data on ICON plc (ICLR) click here.

ICON plc (ICLR) Misses Q1 EPS by 48c, Beats on Revenue; Offers FY Guidance

Wed, 27 May 2026 16:52:01 -0400

ICON plc (NASDAQ: ICLR) reported Q1 EPS of $2.52, $0.48 worse than the analyst estimate of $3.00. Revenue for the quarter came in at $2.11 billion versus the consensus estimate of $1.96 billion.

GUIDANCE:

ICON plc sees FY2026 EPS of $10.00-$11.00. ICON plc sees FY2026 revenue of $7.85-8.15 billion.

For earnings history and earnings-related data on ICON plc (ICLR) click here.

Form 6-K ICON PLC For: May 27

Wed, 27 May 2026 16:41:00 -0400

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Form 6-K ICON PLC For: May 27

Wed, 27 May 2026 16:41:00 -0400

si-local-file:///var/storage/secattach/20260527/26558659.html

ICON Reports Fourth Quarter and Full Year 2025 Results and Provides Outcome of Audit Committee Investigation