Icon Energy Corp. Provides Commercial Update
ATHENS, Greece, Sept. 17, 2026 (GLOBE NEWSWIRE)-- Icon Energy Corp. ("Icon" or the "Company") (Nasdaq: ICON), an international shipping company providing worldwide seaborne transportation services for ...
Model output · Signal date 2026-11-06
Icon Energy Corp (ICON) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
-16.0%
Spearman, 203 dates
Market Cap
$4M
small-cap · #37 of 39 peers
Summary
Icon Energy Corp (ICON) stock forecast summary
Our AI scores Icon Energy Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Icon Energy Corp is a small-cap company with a market capitalization of $4M. It ranks number 37 by market capitalization among the 39 Deep Sea Foreign Transportation of Freight issuers in our coverage with a current forecast. Its P/B Ratio of 0.17x is the lowest of the 24 peers that report one.
For ICON, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -16.0%, measured on 203 forecast dates between 2025-08-01 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -1.0%, measured on 246 forecast dates between 2025-08-01 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ICON included.
Price
ICON price chart and AI forecast
Cross-section · 2026-11-06
How ICON ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2025-12-31
Icon Energy Corp (ICON) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Deep Sea Foreign Transportation of Freight peers listed below that report each metric.
Valuation & Market
| Metric | ICON | Rank |
|---|---|---|
| Market Cap | $4M | 37/39 |
| P/B Ratio | 0.17x | 24/24 |
| Book Value/Share | $5.91 | – |
Financial Health
| Metric | ICON | Rank |
|---|---|---|
| Current Ratio | 1.10x | 29/31 |
| Quick Ratio | 1.03x | 26/27 |
| D/E Ratio | 1.73x | 8/38 |
| Financial Leverage | 2.73x | 9/38 |
| Interest Coverage | 0.1x | 26/27 |
| Working Capital | $450K | 26/28 |
Dividend & Shareholder Information
| Metric | ICON | Rank |
|---|---|---|
| Shares Outstanding | 4M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $5M | 8.6% of assets |
| Cash & Short-term Investments | $4M | 6.6% of assets |
| Accounts Receivable | $280K | 0.5% of assets |
| Inventory | $310K | 0.5% of assets |
| Total Liabilities | $37M | 63.5% of assets |
| Short-term Debt | $3M | 5.5% of assets |
Quarterly Financial Reports
ICON quarterly financials and insider trading
Industry Peers · Deep Sea Foreign Transportation of Freight
Icon Energy Corp (ICON) industry peers
Companies classified under the same SEC industry code as Icon Energy Corp (Deep Sea Foreign Transportation of Freight): 40 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ICON Icon Energy Corp | $4M | |
| FRO Frontline Plc | $10.11B | |
| CMBT Cmb.Tech Nv | $5.25B | |
| STNG Scorpio Tankers Inc. | $3.75B | |
| TRMD Torm Plc | $3.48B | |
| DHT Dht Holdings, Inc. | $3.33B | |
| ZIM Zim Integrated Shipping Services Ltd. | $3.30B | |
| SBLK Star Bulk Carriers Corp. | $3.06B | |
| ECO Okeanis Eco Tankers Corp. | $2.95B | |
| DAC Danaos Corp | $2.71B | |
| CDLR Cadeler A/S | $2.63B | |
| NMM Navios Maritime Partners L.P. | $2.45B | |
| LPG Dorian Lpg Ltd. | $1.99B | |
| SFL Sfl Corp Ltd. | $1.65B | |
| CMRE Costamare Inc. | $1.53B | |
| GSL Global Ship Lease, Inc. | $1.40B | |
| CCEC Capital Clean Energy Carriers Corp. | $1.22B | |
| NVGS Navigator Holdings Ltd. | $1.22B | |
| GNK Genco Shipping & Trading Ltd | $1.13B | |
| TK Teekay Corp Ltd | $1.08B | |
| HSHP Himalaya Shipping Ltd. | $727M | |
| SB Safe Bulkers, Inc. | $722M | |
| ASC Ardmore Shipping Corp | $709M | |
| PANL Pangaea Logistics Solutions Ltd. | $496M | |
| ESEA Euroseas Ltd. | $447M | |
| SHIP Seanergy Maritime Holdings Corp. | $298M | |
| GASS Stealthgas Inc. | $294M | |
| DSX Diana Shipping Inc. | $289M | |
| SMHI Seacor Marine Holdings Inc. | $235M | |
| IMPP Imperial Petroleum Inc./Marshall Islands | $201M | |
| TORO Toro Corp. | $135M | |
| PXS Pyxis Tankers Inc. | $58M | |
| GLBS Globus Maritime Ltd | $52M | |
| SVRN Svrn, Inc. | $24M | |
| PSHG Performance Shipping Inc. | $24M | |
| CTRM Castor Maritime Inc. | $12M | |
| HTCO High-Trend International Group | $11M | |
| TOPS Top Ships Inc. | $2M | |
| RBNE Robin Energy Ltd. | $190K | |
| NMPGY Navios Maritime Holdings Inc. | N/A |
Where ICON sits on the market map
Energy & Transportation · Deep Sea Foreign Transportation of Freight
News
Icon Energy Corp (ICON) stock news
Icon Energy Corp. Announces Investment in a Long-Term Chartered Containership
Icon has agreed to acquire an approximately 2.8% equity interest in the entity formed to own the vessel. The investment is expected to be funded from cash on hand and to close by the end of October ...
Form 6-K Icon Energy Corp For: Oct 14
On October 14, 2026, Icon Energy Corp. (the “Company”) issued a press release entitled “Icon Energy Corp. Announces Investment in a Long-Term Chartered Containership.” A copy of this press release is ...
FAQ
Icon Energy Corp (ICON) stock forecast FAQ
What is the Icon Energy Corp (ICON) stock forecast?
Our AI scores Icon Energy Corp every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Icon Energy Corp stock predictions?
For ICON, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -16.0%, measured on 203 forecast dates between 2025-08-01 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is -1.0%, measured on 246 forecast dates between 2025-08-01 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Icon Energy Corp forecasts updated?
Icon Energy Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Icon Energy Corp's industry peers?
40 issuers in our coverage, ICON included, share the SEC industry code Deep Sea Foreign Transportation of Freight. The largest are: Frontline Plc (FRO), Cmb.Tech Nv (CMBT), Scorpio Tankers Inc. (STNG), Torm Plc (TRMD), Dht Holdings, Inc. (DHT), Zim Integrated Shipping Services Ltd. (ZIM).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.