A Look at ICF International Inc (ICFI) After 3.7% Decline -- GF Value $103.50 vs Price $81.86
ICF International Inc (ICFI) experienced a 3.7% stock decline, closing at $81.86. Despite this, GuruFocus assesses ICFI as undervalued, with its current price significantly below the GF Value™ of $103.50, and assigns a strong GF Score™ of 90/100, largely due to high Valuation and Momentum scores. However, a lower Financial Strength rating and net insider selling activity prompt a cautious outlook for investors.
Q2 Earnings Highs And Lows: ICF International (NASDAQ:ICFI) Vs The Rest Of The Government & Technical Consulting Stocks
This article analyzes the Q2 earnings performance of government & technical consulting stocks, focusing on ICF International (ICFI), SAIC, Amentum, Maximus, and UL Solutions. It highlights how the sector benefits from stable government spending but faces potential shifts under current administrations, alongside growing demand for cybersecurity, AI, and sustainability consulting. While some companies like ICF International and SAIC had strong quarters with revenue or EPS beats, others like Amentum and Maximus experienced disappointing results, leading to varied stock performances.
Los Angeles County Selects ICF for $70 Million in New Energy Efficiency Work Orders
ICF was awarded two new multiyear work orders worth approximately $70 million by Los Angeles County. Under these orders, ICF will implement energy efficiency and distributed energy resource projects for the Southern California Regional Energy Network (SoCalREN) public sector programs. The goal is to reduce energy costs, enhance resilience, and support grid reliability across Southern California by assisting public agencies with project identification, funding, and implementation.
Los Angeles County Selects ICF for $70 Million in New Energy Efficiency Work Orders
Los Angeles County has awarded ICF two new work orders valued at $70 million for energy efficiency programs. These programs will continue to assist income-qualified residents and small businesses in reducing their energy consumption and lowering utility costs. ICF has been a partner with the County on such initiatives since 2011, having delivered similar services to over 40,000 households and 1,000 small businesses.
ICF International Wins Two Work Orders Worth Up to $70 Million for LA County Energy Programs
ICF International has secured two work orders from Los Angeles County, valued at up to $70 million, to continue providing energy efficiency programs. This builds on ICF's established relationship with the county, which spans over a decade. The programs aim to help various county facilities reduce energy consumption and manage their energy usage more effectively.
ICF International Wins Two Work Orders Worth Up to $70 Million for LA County Energy Programs
ICF International has secured two multiyear work orders, potentially worth up to $70 million, to support energy programs in Los Angeles County. The company announced these awards, which were received in early August. Access to the full details of this MT Newswires article requires a premium subscription.
Los Angeles County picks ICF for programs aimed at lowering energy costs
ICF (ICFI) has secured two new multiyear work orders from Los Angeles County, valued at a combined ceiling of approximately $70 million, to support public-sector energy efficiency programs. The company will act as one of three implementers for the Southern California Regional Energy Network (SoCalREN), expanding its existing work with the county. ICF will provide comprehensive services, including engineering, project targeting, financing, and construction management, utilizing its Sightline platform to identify high-demand areas and enhance grid reliability.
ICF Wins $70 Million in New Los Angeles County Energy Efficiency Work Orders
ICF International (ICFI) has secured two new multiyear work orders valued at up to $70 million. These orders fall under the County's energy efficiency program in Los Angeles. The article, originating from MT Newswires, provides details on this significant win for ICF.
ICF International, Inc. $ICFI Shares Newly Acquired by Bank of America Corp DE
Bank of America Corp DE recently acquired 82,526 shares of ICF International, Inc. (NASDAQ:ICFI), valued at approximately $6.0 million, making them a new stakeholder in the company, which is already 94.12% institutionally owned. Despite a slight revenue decline, ICF International reported strong quarterly EPS of $1.86, exceeding analyst estimates, and announced a $100 million share repurchase program and a quarterly dividend. Analysts maintain a "Moderate Buy" rating for ICFI with an average price target of $105.00.
ICF International stock trades at USD 83 before November earnings
ICF International stock was trading at USD 83.00 on September 24, 2026, ahead of its Q3 2026 earnings release scheduled for November 5, 2026. The company's Q2 2026 adjusted EPS of USD 1.86 surpassed consensus estimates, driven by growth in commercial and international government revenue, which helped offset a decline in federal revenue. The upcoming Q3 results will be crucial in determining if non-federal growth can continue to compensate for federal demand pressures.
After-market results and a webcast are scheduled for Nov. 5 at ICF International (ICFI).
ICF International (ICFI) is scheduled to release its third-quarter 2026 earnings results after the market closes on November 5, 2026. The company will also host a webcast call at 4:30 p.m. Eastern time on the same day to discuss the financial results. Earnings information will be available on investor.icf.com prior to the call, and a replay of the webcast will be accessible for one year.
ICF Announces Timing of Third Quarter 2026 Earnings Release and Conference Call
ICF (NASDAQ:ICFI) announced it will release its third-quarter 2026 financial results after market close on Thursday, November 5, 2026. The company will also host a webcast call at 4:30 p.m. Eastern Time on the same day to discuss these results. Details for analyst and general listener access to the webcast and replay are provided.
Government & Commercial Markets Aid ICFI Amid Elevated Costs
ICF International (ICFI) reported mixed Q2 2026 results, with non-GAAP earnings beating estimates but revenues slightly missing. The company's commercial, state, local, and international markets drove revenue growth, offsetting a decline in federal revenues, which were impacted by contract cancellations and slower proposal activity. Despite elevated direct costs, ICFI aims to maintain margins through prudent cost management.
Implied Volatility Surging for ICF International Stock Options
Implied volatility for ICF International (ICFI) stock options, particularly the Sept. 18, 2026 $115.00 Call, has surged, indicating market expectation of a significant price movement. Analysts currently rate ICF International as a Zacks Rank #2 (Buy), with recent upward revisions to earnings estimates, suggesting potential trading opportunities. This high implied volatility could also be attractive for options traders looking to sell premium.
ICF Announces Timing of Third Quarter 2026 Earnings Release and Conference Call
ICF (NASDAQ:ICFI) will release its third-quarter 2026 financial results on Thursday, November 5, 2026, after the market closes. The company will host a webcast conference call at 4:30 p.m. Eastern Time on the same day to discuss the results. Investors and analysts can register online to participate, while general listeners can access a live webcast and a replay will be available for one year.
What Is ICF International (ICFI) Gaining From Its New AI Partnership?
ICF International (ICFI) has been named an OpenAI Select Partner, granting it access to OpenAI models to enhance its AI-driven consulting and implementation services for government and commercial clients. This partnership aims to accelerate AI adoption in real-world programs and aligns with ICF International's existing work in regulated industries. Investors should monitor future client announcements referencing OpenAI-powered solutions to gauge the partnership's success and its impact on the company's long-term growth and fair value.
How OpenAI Partner Status Will Impact ICF International Stock
ICF International has been named an OpenAI Select Partner, indicating its role in helping clients adopt AI-enabled applications. This partnership is expected to influence ICF International's investment narrative around AI-driven consulting demand, especially in government and regulated energy sectors. While the partnership strengthens its AI services pitch, the company still faces risks related to government funding constraints and competition.
16,589 Shares in ICF International, Inc. $ICFI Bought by Public Employees Retirement System of Ohio
The Public Employees Retirement System of Ohio has acquired 16,589 shares of ICF International, Inc. (NASDAQ:ICFI), valued at approximately $1.2 million. This purchase is part of broader institutional investment in ICF, which has seen positive analyst ratings, strong earnings, and a recently announced share buyback program and dividend.
ICF Named OpenAI Select Partner
ICF (NASDAQ: ICFI) has been named an OpenAI Select Partner, recognizing its expertise in helping organizations adopt and scale AI services. This partnership will allow ICF to combine OpenAI's advanced AI models with its mission and technology expertise to accelerate innovation and improve operations for government and commercial clients. ICF plans to apply OpenAI's technology to enhance citizen and customer experiences, software development, and internal enterprise efficiency, while focusing on responsible AI deployment.
Legal & General Group Plc Purchases New Position in ICF International, Inc. $ICFI
Legal & General Group Plc recently acquired a new stake in ICF International, Inc., purchasing 16,839 shares valued at approximately $1.23 million. Other institutional investors have also modified their holdings, with institutional ownership now at 94.12%. ICF International reported strong quarterly EPS, beating estimates, and reaffirmed its fiscal 2026 EPS guidance while also approving a $100 million share buyback and announcing a quarterly dividend.
100,609 Shares in ICF International, Inc. $ICFI Acquired by Bank of New York Mellon Corp
Bank of New York Mellon Corp has acquired 100,609 shares of ICF International, Inc. (NASDAQ:ICFI) worth approximately $7.33 million. This purchase reinforces institutional ownership in the company, which now stands at 94.12%, while analysts maintain a "Moderate Buy" rating with a $105 average price target. ICF International recently beat EPS estimates, announced a $100 million share buyback, and declared a quarterly dividend of $0.14 per share.
Empowered Funds LLC Purchases New Position in ICF International, Inc. $ICFI
Empowered Funds LLC has acquired a new position in ICF International, Inc. (NASDAQ:ICFI), purchasing 53,260 shares valued at approximately $3.88 million during the second quarter. This move comes as institutional investors and hedge funds collectively own 94.12% of the company. ICF International recently reported strong quarterly EPS of $1.86, exceeding analyst expectations, and announced a quarterly dividend of $0.14 per share along with a $100 million share buyback authorization.
Corient Private Wealth LP Invests $2.86 Million in ICF International, Inc. $ICFI
Corient Private Wealth LP recently acquired a new stake of 39,242 shares, valued at $2.86 million, in ICF International (NASDAQ:ICFI) during the second quarter. This investment highlights continued institutional interest in ICF, with other hedge funds also adjusting their positions. ICF International reported strong quarterly earnings, beating EPS estimates, and has authorized a $100 million share repurchase program, indicating confidence in its stock value.
ICF International (NASDAQ:ICFI) CEO Sells $565,248.00 in Stock
ICF International CEO John Wasson sold 6,400 shares of company stock for $565,248, reducing his direct stake by over 50%. This transaction occurred under a pre-arranged trading plan, following a previous sale in July. The company recently reported better-than-expected EPS but slightly missed revenue forecasts, and has authorized a $100 million share repurchase program and declared a $0.14 quarterly dividend.
Insider trust at ICF International (NASDAQ: ICFI) plans another stock sale after nearly $1M in July trades.
A trust associated with John M. Wasson, an insider at ICF International (ICFI), has filed a Form 144 to sell 6,400 shares of common stock valued at approximately $570,240 on September 1, 2026. This follows previous 10b5-1 plan sales by a related trust in July 2026, totaling over $993,000. The shares intended for sale were acquired through the vesting of restricted stock units between January 2021 and March 2022.
ICF International (ICFI) CEO sells 6,400 shares under preset plan
ICF International, Inc. (ICFI) CEO and President John Wasson, through a trust, sold a total of 6,400 shares of common stock on September 1, 2026. These sales were conducted under a Rule 10b5-1 trading plan adopted earlier in the year. The shares were sold in multiple transactions at weighted average prices of $89.68 and $88.18 per share.
Man Group plc Makes New $4.13 Million Investment in ICF International, Inc. $ICFI
Man Group plc has made a new investment in ICF International, Inc. (NASDAQ:ICFI), acquiring 56,638 shares valued at approximately $4.13 million, giving it a 0.32% stake in the company. This comes as institutional investors collectively own 94.12% of ICFI, and analysts maintain a "Moderate Buy" rating with an average price target of $105. ICF International also reported strong quarterly EPS, declared a dividend, and authorized a significant share repurchase program, despite a slight year-over-year revenue decline.
Hsbc Holdings PLC Invests $1.81 Million in ICF International, Inc. $ICFI
Hsbc Holdings PLC has acquired a new stake in ICF International, Inc. (NASDAQ:ICFI), investing approximately $1.81 million to purchase 24,718 shares, representing a 0.14% ownership. Other institutional investors have also adjusted their holdings in the company, which reported strong quarterly EPS but slightly missed revenue expectations. Analysts maintain a "Moderate Buy" consensus for ICF International, with a target price of $105.00.
BlackRock Inc. Invests $132.28 Million in ICF International, Inc. $ICFI
BlackRock Inc. has acquired a significant new position in ICF International, Inc. (NASDAQ:ICFI), investing $132.28 million for a 10.03% stake. This move highlights institutional confidence, as 94.12% of the company's stock is now owned by institutional investors. Analysts generally maintain a "Moderate Buy" rating for ICF, with a consensus price target of $105.00, while the company also declared a quarterly dividend and authorized a $100 million stock repurchase program.
Deutsche Bank AG Buys New Shares in ICF International, Inc. $ICFI
Deutsche Bank AG has acquired 27,374 new shares in ICF International, Inc., valued at approximately $1.99 million, increasing its ownership to about 0.15% of the company. Other institutional investors also adjusted their holdings, with institutional ownership collectively reaching 94.12%. ICF International reported strong quarterly earnings, beating estimates, and announced a $100 million share buyback program and a quarterly dividend.
192,852 Shares in ICF International, Inc. $ICFI Purchased by Redwood Grove Capital LLC
Redwood Grove Capital LLC recently acquired 192,852 shares of ICF International, Inc. (ICFI) valued at approximately $14.05 million, making it the 15th largest holding in their portfolio and representing a 1.08% stake in the company. Other institutional investors also adjusted their holdings, with overall institutional ownership at 94.12%. ICF International has a "Moderate Buy" consensus rating from analysts, a $105 average price target, and recently beat EPS expectations, declared a quarterly dividend, and authorized a $100 million share repurchase program.
Ieq Capital LLC Buys New Stake in ICF International, Inc. $ICFI
Ieq Capital LLC has acquired a new stake in ICF International, Inc. (NASDAQ:ICFI) during the second quarter, purchasing 41,936 shares valued at approximately $3.055 million. This makes Ieq Capital LLC a significant institutional investor, holding about 0.23% of ICF International's stock. Other institutional investors have also adjusted their positions, indicating increased interest in the business services provider.
First National Bank of Omaha Makes New $1.73 Million Investment in ICF International, Inc. $ICFI
First National Bank of Omaha has acquired a new stake in ICF International, Inc. (NASDAQ:ICFI) worth approximately $1.73 million. This comes as other institutional investors have also adjusted their holdings in the company, which recently reported strong quarterly earnings and announced a stock repurchase program. Analysts currently rate ICF International with a "Moderate Buy" and an average price target of $105.00.
Barrington Maintains ICF International(ICFI.US) With Buy Rating, Raises Target Price to $110
Barrington has reiterated its Buy rating on ICF International (ICFI.US) and increased the target price to $110. This indicates a positive outlook from the analyst firm regarding the company's future performance.
The Top 5 Analyst Questions From ICF International’s Q2 Earnings Call
ICF International's Q2 revenue was flat year-over-year and slightly missed analyst expectations, though adjusted EPS and EBITDA beat estimates. Management highlighted strong performance in commercial energy efficiency, international government, and technology modernization. The article focuses on the top five analyst questions concerning growth projections, backlog, technology modernization, and the impact of disaster recovery projects.
AllianceBernstein L.P. (NASDAQ: ICFI) discloses 7.8% beneficial stake in ICF International
AllianceBernstein L.P. has reported a 7.8% beneficial ownership stake in ICF International Inc., holding 1,417,230 shares for client discretionary investment advisory accounts as of June 30, 2026. The filing indicates this is a passive investment, with AllianceBernstein exercising sole voting power over 1,244,713 shares and sole dispositive power over all beneficially owned shares. The firm, a subsidiary of Equitable Holdings, Inc., operates independently in its investment decisions.
ICF International Eyes Growth Rebound as Energy, AI and Federal Modernization Gain Traction
ICF International (NASDAQ: ICFI) expects a growth rebound after a challenging 2025 where its federal business declined by about 25%. The company projects 3% revenue growth and 5% non-GAAP EPS growth for the current year, with anticipated mid- to high-single-digit organic growth from 2027 onwards, driven by commercial energy, international operations, and federal IT modernization. ICF is leveraging AI through its Fathom AI sandbox for government clients and expanding its services in energy efficiency, electrification, and data center consulting, while balancing capital allocation between share repurchases and acquisitions.
ICF International Eyes Growth Rebound as Energy, AI and Federal Modernization Gain Traction
ICF International is projecting a growth rebound after a transitional 2025, with expectations for low-single-digit revenue growth this year and accelerated growth in subsequent years, driven by non-federal business, particularly commercial energy, and federal IT modernization. The company is leveraging AI to improve client engagement and productivity, and sees significant opportunities in commercial energy and data centers. ICF also plans to balance stock repurchases with strategic acquisitions, especially in the commercial energy sector.
ICF International (ICFI) holder Capital Research now owns 1.3% stake
Capital Research Global Investors has filed an amended Schedule 13G indicating they now beneficially own 243,202 shares of ICF International, Inc. common stock, which represents 1.3% of the outstanding shares. This filing confirms that Capital Research Global Investors holds 5 percent or less of this class of securities, with sole voting and dispositive power over all their shares.
ICF International (ICFI) Is Up 5.1% After Reaffirming 2026 Guidance Backed By Robust Backlog
ICF International (ICFI) stock rose 5.1% after the company reaffirmed its 2026 revenue and GAAP EPS guidance, backed by a strong backlog covering 90% of its revenue target. The company reported strong Q2 2026 sales and net income, alongside a new energy efficiency contract and continued shareholder returns. This strong performance and clear guidance are expected to influence the company's investment narrative and risk profile.
ICF International (ICFI) Is Up 5.1% After Reaffirming 2026 Guidance Backed By Robust Backlog
ICF International (ICFI) reaffirmed its 2026 revenue guidance of US$1.89 billion to US$1.96 billion and GAAP EPS guidance of US$5.95 to US$6.25, supported by a robust backlog covering about 90% of its midpoint revenue target. The company also reported increased net income year-on-year, returned cash to shareholders through a quarterly dividend, and secured a new US$35 million energy-efficiency contract, reinforcing its commercial energy catalyst. This positive news led to a 5.1% increase in its stock price, with analysts noting the solid EPS and high backlog coverage as encouraging despite ongoing risks related to federal funding and automation.
FMR LLC Boosts ICF International Inc (ICFI) Stake -- Shares Still 15% Undervalued on GF Value
FMR LLC (Fidelity) significantly increased its stake in ICF International Inc (ICFI) on June 30, 2026, acquiring an additional 930,085 shares. This move underscores Fidelity's confidence in ICFI's long-term value, as the stock was purchased at $72.86 per share and has since appreciated by over 24%, though it remains "Modestly Undervalued" according to GuruFocus's GF Value model. The article highlights ICFI's strong growth and profitability in the professional services sector, despite moderate financial strength.
ICF International (ICFI) Reaffirms 2026 Outlook With Big Backlog and Buybacks – What’s The Real Story?
ICF International (ICFI) reported slightly lower sales but higher net income in Q2 2026, reaffirming its full-year 2026 guidance, supported by a substantial contracted backlog and a completed share repurchase program. The company's resilience is driven by commercial energy and non-federal work, offsetting some federal spending softness, with about 90% of midpoint revenue already in backlog. This updated outlook maintains a projected fair value of $108.75, representing a 14% upside to its current price, despite previous more optimistic analyst forecasts.
ICFI Jumps 17.4% in 1 Week as Investors Weigh What's Ahead for Shares
ICF International (ICFI) shares surged 17.4% in the past week, driven by strong Q2 earnings, commercial growth, and signs of federal work stabilization. Despite a slight revenue miss and a valuation premium, the company's improving business mix and expected federal recovery are key to sustaining gains. Analysts suggest a measured view due to mixed signals, including a strong value score but weak momentum.
ICFI Jumps 17.4% in 1 Week as Investors Weigh What's Ahead for Shares
ICF International (ICFI) shares surged 17.4% in the past week, driven by improving earnings, commercial growth, and signs of stabilization in federal contracts. Despite a slight Q2 revenue miss and a valuation premium compared to its sub-industry, the company's non-GAAP earnings beat estimates, and commercial and international revenues showed strong growth. The outlook for a federal recovery and consistent revenue growth remains a key focus for investors, as the company holds a Zacks Rank #3 (Hold) with mixed style scores.
ICFI Stock Gains 11.4% Since Q2 Earnings Beat & Revenue Miss
ICF International (ICFI) reported mixed second-quarter 2026 results, with earnings surpassing analyst expectations but revenues falling slightly short. Despite the revenue miss, strong 2026 guidance and an earnings beat led to an 11.4% stock gain since the results were released. The company saw growth in its commercial and international segments, which helped offset a decline in U.S. federal government revenues.
ICFI Q2 Deep Dive: Commercial and International Strength Offset Flat Revenue, Guidance Reaffirmed
ICF International (ICFI) reported Q2 CY2026 results with flat revenue year-over-year at $474.5 million, falling slightly short of analyst expectations, but beating on adjusted EPS. The company reaffirmed its full-year revenue and Adjusted EPS guidance, citing strong performance in commercial energy efficiency, international government, and technology modernization as drivers. Management highlighted disciplined cost controls and an expanding business development pipeline, particularly in non-federal sectors, as key to sustained profitability despite federal procurement delays.
ICF International (ICFI) Stock Jumps As Profit Strength Outruns Flat Revenue
ICF International (ICFI) stock jumped 11.4% after its Q2 2026 earnings showed profit strength despite flat revenue. The company reported non-GAAP EPS of US$1.86 and an adjusted EBITDA margin of 11.2%, attributed to a richer mix of commercial energy and fixed-price contracts. While revenue was flat, ICF's ability to increase profitability through execution and strategic contract shifts has led to investor optimism, although concerns about sluggish revenue growth and reliance on government work persist among some analysts.
ICF International (NASDAQ:ICFI) Releases Quarterly Earnings Results, Beats Expectations By $0.21 EPS
ICF International (NASDAQ:ICFI) reported quarterly earnings of $1.86 per share, surpassing analyst expectations by $0.21, though revenue of $474.5 million slightly missed estimates and declined 0.3% year over year. The company reaffirmed its 2026 guidance, citing growth in commercial and international markets and a robust $9.3 billion pipeline, despite continued weakness in federal business. Shares of ICFI rose 11.4% following the earnings release, supported by improved profitability, a lower net debt, a $100 million buyback authorization, and a $0.14 quarterly dividend.
ICF International (ICFI) Lands A $35 Million Contract, Is The Stock Still Cheap?
ICF International (ICFI) recently secured a new US$35 million energy efficiency contract from Entergy Louisiana, coinciding with its second-quarter earnings release. The company's stock has seen a 22.55% return over 90 days, despite a 6.87% decline over the past year. ICF International is currently valued at US$85.31, with a most popular narrative suggesting it is 21.6% undervalued with a fair value of $108.75.
