Icon Energy Corp (NASDAQ:ICON)’s 12-Month Price Target Currently Stands At 7

In last trading session, Icon Energy Corp (NASDAQ:ICON) saw 81.83 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $0.14 trading at $0.05 or 46.08% at ring of the bell on the day assigns it a market valuation of $1.44M. That closing price of ICON’s stock is at a discount of -2650.0% from its 52-week high price of $3.85 and is indicating a premium of 35.71% from its 52-week low price of $0.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 45.55 million shares which gives us an average trading volume of 8.70 million if we extend that period to 3-months.

For Icon Energy Corp (ICON), analysts’ consensus is at an average recommendation of Buy Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

Icon Energy Corp (NASDAQ:ICON) trade information

Upright in the green during last session for gaining 46.08%, in the last five days ICON remained trading in the red while hitting it’s week-highest on Friday, 03/07/25 when the stock touched $0.14 price level, adding 37.22% to its value on the day. Icon Energy Corp’s shares saw a change of -93.90% in year-to-date performance and have moved -6.21% in past 5-day. Icon Energy Corp (NASDAQ:ICON) showed a performance of -54.67% in past 30-days. Number of shares sold short was 1.93 million shares which calculate 0.49 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 98.0% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -4900.0% in reaching the projected high whereas dropping to the targeted low would mean a loss of -4900.0% for stock’s current value.

Icon Energy Corp (ICON) estimates and forecasts

This year revenue growth is estimated to rise 29.58% from the last financial year’s standing.

And 1 analysts are in estimates of company making revenue of 2.2M in the next quarter.

Icon Energy Corp (NASDAQ:ICON)’s Major holders

Insiders are in possession of 8.80% of company’s total shares while institution are holding 6.94 percent of that, with stock having share float percentage of 7.61%. Investors also watch the number of corporate investors in a company very closely, which is 6.94% institutions for Icon Energy Corp that are currently holding shares of the company.