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NYSE: ICD
Independence Contract Drilling Inc Stock Forecast, Predictions & Price Target

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Forecast return on equity

Is ICD forecast to generate an efficient return?

Forecast return on assets

Is ICD forecast to generate an efficient return on assets?

ICD revenue forecast

What is ICD's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$180.9M-13.9%
Avg 2 year Forecast
$224.7M+6.92%
ICD's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ICD revenue growth forecast

How is ICD forecast to perform vs Oil & Gas Drilling companies and vs the US market?
Company
-13.9%
Industry
20.16%
Market
13.38%
ICD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ICD's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ICD vs Oil & Gas Drilling Stocks

TickerPricePrice TargetUp/downsideConsensus
ICD$1.92N/AN/A
NBR$80.65$122.67+52.10%Buy
PDS$68.44$81.00+18.35%Strong Buy
DO$13.58$20.50+50.96%Strong Buy
BORR$5.77$9.00+55.98%Hold

Independence Contract Drilling Stock Forecast FAQ

What is ICD's revenue growth forecast for 2024-2025?

(NYSE: ICD) Independence Contract Drilling's forecast annual revenue growth rate of -13.9% is not forecast to beat the US Oil & Gas Drilling industry's average forecast revenue growth rate of 20.16%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.38%.

Independence Contract Drilling's revenue in 2024 is $210,106,000.On average, 2 Wall Street analysts forecast ICD's revenue for 2024 to be $2,761,759,236, with the lowest ICD revenue forecast at $2,726,645,658, and the highest ICD revenue forecast at $2,796,872,814.

In 2025, ICD is forecast to generate $3,429,680,554 in revenue, with the lowest revenue forecast at $3,340,369,932 and the highest revenue forecast at $3,518,991,177.

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What is ICD's forecast return on assets (ROA) for 2024-2025?

(NYSE: ICD) forecast ROA is N/A, which is lower than the forecast US Oil & Gas Drilling industry average of 1.71%.

What is ICD's forecast return on equity (ROE) for 2024-2025?

(NYSE: ICD) forecast ROE is N/A, which is considered weak.
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