ICFI

ICF International remains a buy, with a 14% upside to my new $99 per share price target, driven by electrification and data center consulting tailwinds. Q2 FY 2026 results showed revenue stabilization at $474.5M, with strong commercial (+13.6%), state/local (+9.1%), and international (+24.2%) growth offsetting federal softness. Book-to-bill remains healthy at 1.09x TTM, backlog stands at $3.3B (~1.7x FY 2026 revenue), and leverage is falling toward 1.6x, supporting capital returns and bolt-on M&A.

ICF (ICFI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Public Sector Programs Will Help Lower Energy Costs and Strengthen Grid Reliability Across Southern California RESTON, Va., Sept. 28, 2026 /PRNewswire/ -- ICF (NASDAQ: ICFI), a leading global solutions and technology provider, was recently awarded two new, multiyear work orders under the County of Los Angeles Energy Support Services Master Agreement to serve as one of three implementers supporting the Southern California Regional Energy Network's (SoCalREN) public sector energy efficiency programs.

Date: Thursday, November 5, 2026 Time: 4:30 p.m. Eastern Time Audio-only Webcast : https://edge.media-server.com/mmc/p/273vq66x Participant Registration: https://register-conf.media-server.com/register/BI8f18d40afff846bb9db190b4233f0da3 RESTON, Va.

ICF International's non-federal growth, stronger cash flow and lower debt are offsetting federal weakness and elevated direct costs as procurement remains slow.

Partnership Will Help Clients Scale Mission-Ready AI RESTON, Va., Sept. 9, 2026 /PRNewswire/ -- ICF (NASDAQ: ICFI), a leading global solutions and technology provider, today announced it has been named an OpenAI Select Partner, recognizing its proven ability to help organizations responsibly adopt and scale advanced AI services and solutions.

ICF's commercial energy demand, federal stabilization and international growth help drive a 22.1% stock gain in three months.

RESTON, Va., Sept. 2, 2026 /PRNewswire/ -- ICF (NASDAQ:ICFI), a leading global solutions and technology provider, today announced its participation at the 2026 Jefferies Global Industrials Conference in New York City.

Improving Energy Affordability for Customers Through Efficiency and Innovation RESTON, Va., Aug. 27, 2026 /PRNewswire/ -- ICF (NASDAQ: ICFI), a leading global solutions and technology provider, was recently selected for a $20 million recompete contract to continue serving as the lead implementer for an energy efficiency contract supporting a consortium of Northeast utilities and service providers.

ICF International's contract wins across energy, defense and infrastructure, plus a larger buyback, support growth despite macro risks.