4.2% Above Target

Wall Street's consensus price target for ICLR is $139.9, -4.2% from its current price of $146. The below-market target from 30 analysts suggests limited near-term appreciation.

ICLR has a consensus rating of "Buy" based on 30 Wall Street analysts. The rating breakdown is mixed, with 13 Hold ratings making up the largest segment. The consensus 12-month price target of $139.9 implies -4.2% downside from current levels.

With a forward P/E of 13.8381x, ICLR trades at a relatively low valuation. The consensus target of $139.9 implies -4.2% move, suggesting the market may be pricing in risks.

The most bullish Wall Street analyst has a price target of $216 for ICLR, while the most conservative target is $100. The consensus of $139.9 represents the median expectation. Our quantitative valuation model projects a bull case target of $552 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

ICLR is heavily covered by Wall Street, with 30 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 13 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month ICLR stock forecast based on 30 Wall Street analysts shows a consensus price target of $139.9, with estimates ranging from $100 (bear case) to $216 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $419, with bear/bull scenarios of $264/$552.

Our quantitative valuation model calculates ICLR's fair value at $419 (base case), with a bear case of $264 and bull case of $552. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.

ICLR trades at a forward P/E ratio of 13.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 50.3x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Analysts are cautious on ICLR, with 2 Sell ratings and a price target of $139.9 (-4.2% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

ICLR analyst price targets range from $100 to $216, a 83% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $139.9 consensus represents the middle ground. Our model's $264-$552 range provides an independent fundamental perspective.