ICF International, Inc. (ICFI) Fair Value 2026

ICFI · Consulting Services ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

8.2 /10

32 fundamental signals · 11 models active

Value Trap Risk

SAFE (17/100)

Quick Summary — As of 2026-08-27, ICF International, Inc. (ICFI) trades at $89.80, versus a $91.66 median fair value across its 11 active models — 2.1% above the current price. QOC: 8.2/10. Value Trap Risk: 17/100 (SAFE). 11/13 models active. Within that set, the Bayesian DCF component alone returns $128.54.

Key Facts

Ticker
ICFI
Price
$89.80
Quality Score
8.2/10
Value Trap Risk
17/100
Models Active
11/13
Last Updated
Strength: Bayesian DCF suggests +43.1% upside with 70% confidence
Risk: Majority of models suggest overvaluation

Is ICF International, Inc. (ICFI) Undervalued or Overvalued in 2026?

According to CirclFi’s 11-model valuation engine, ICF International, Inc. (ICFI) appears fairly valued as of : the median of 11 independent fair value estimates is $91.66, within 2.1% of the current price of $89.80. Estimates range from $39.15 to $206.78. ICFI scores 8.2/10 on fundamental quality and 17/100 on value-trap risk.

For context, the median US equity CirclFi rates trades at an implied -23.7% versus its own 13-model consensus, across 3,801 rated companies as of 2026-08-27. ICFI’s +2.1% gap is narrower than that market norm. Full market index →

This verdict compares price to intrinsic value only — it is not a buy or sell rating. For the decision case (bull vs bear arguments, risk factors, peers), read Should You Buy ICF International, Inc. Stock in 2026? →

What Fair Value Does Each Model Give ICFI?

11 Intrinsic Value Models vs. Current Price ($89.80)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · High Conviction
 $128.54 +43.1%
Intrinsic · High Conviction
 $51.09 -43.1%
Ensemble · Medium Conviction
 $85.04 -5.3%
Intrinsic · High Conviction
 $47.70 -46.9%
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What Is ICFI's Fair Value Range?

Spread across 11 independent models · $39.15 to $206.78

CirclFi's 11 active models place ICF International, Inc. (ICFI) between $39.15 and $206.78 per share, a spread of 183% of the median. The median of that range — $91.66 — is the fair value CirclFi publishes for ICFI, against a current price of $89.80.

Low · ML-RIVHigh · Regime Cross
$39.15median $91.66$206.78
Where the range comes from
Most bearish modelML Residual Income$39.15
Most bullish modelRegime Cross-Sectional$206.78
Model agreement5 bullish · 5 bearishwide

A band this wide is itself the finding. When independent methods land far apart, they are reading a business whose value depends heavily on which lens you apply — volatile earnings, heavy reinvestment, or an asset base that cash-flow and asset-based methods score differently. That disagreement is information: it says the choice of method matters more than usual for ICFI. Treat the median as one reading among several and compare the individual models below before acting.

Every figure above is one model's standalone output on ICFI, not a CirclFi price target. How each model works →

What Is ICF International, Inc. (ICFI) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, ICF International, Inc.'s intrinsic value is estimated at $91.66, presenting a divided outlook at the current price of $89.80. With a median implied return of +2.1% across a split 5–5 (bull–bear) consensus, the model spread of +186.7% underscores analytical uncertainty. Notably, Regime Cross sees the most upside at +130.3% (fair value: $206.78), while ML-RIV is the most conservative at -56.4% ($39.15). The spread between these extremes — +186.7% — reveals how different analytical frameworks can reach starkly different conclusions. Among models with highest confidence, Bayesian DCF, EPV lean bearish — adding weight to the bearish side of the thesis.

What Do the Models Say About ICFI?

11 of 13 models are currently active for ICFI. Of these, 6 models suggest upside while 5 models suggest overvaluation. Taken together, their median fair value for ICFI is $91.66 — the figure CirclFi publishes as this stock's fair value. One component of that median, the Bayesian DCF, returns $128.54 on its own, implying +43.1% upside from the current price. See which stocks rank higher →

How Does ICFI Rank in Consulting Services?

Among 29 Consulting Services stocks, ICFI ranks #5 by Quality of Company score. CirclFi's QOC score of 8.2/10 evaluates 32 fundamental signals. A score of 8.2 places ICFI in the top tier.

ICF International, Inc. operates in a competitive landscape where fundamental quality metrics are key differentiators for long-term value creation.

Is ICFI a Value Trap?

CirclFi's Value Trap algorithm assigns ICFI a score of 17/100 (SAFE). This indicates minimal risk. Fundamentals are healthy. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

11 of 13 models are active for ICF International, Inc.. Broad coverage provides high confidence. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Quality of Company (QOC) framework, which evaluates 32 signals including margin stability, revenue growth trajectory, leverage, and free cash flow generation, ICF International, Inc. is rated at 8.2/10. This strong-tier score demonstrates strong fundamentals across the majority of our quality signals.

The gap between the most bullish and bearish model spans +186.7% — demonstrating why single-model analysis is dangerous. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every ICFI valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across ICFI's 11 active models, average confidence is 54%. Moderate confidence indicates reasonable fit.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy ICF International, Inc. Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Consulting Services Stocks Should You Also Analyze?

10 related Consulting Services stocks with 13-model coverage

HURNHuron Consulting Group Inc.QOC 8.4SBCSBC Medical Group Holdings IncorporatedQOC 8.1VRSKVerisk Analytics, Inc.QOC 8.5VCIGVCI Global LimitedQOC 8.1CRAICRA International, Inc.QOC 8.6FCNFTI Consulting, Inc.QOC 8.0AERTAeries Technology, IncQOC 6.6INTJIntelligent Group LimitedQOC 5.6ACCLAcco Group Holdings LimitedQOC 2.8BAHBooz Allen Hamilton Holding CorporationQOC 8.8

Read investment analysis: HURN · SBC · VRSK · VCIG · CRAI · FCN · AERT · INTJ · ACCL · BAH

Which Other Stocks Have a Similar Quality Score to ICFI?

7 companies across all industries closest to ICFI’s Quality of Company score of 8.2/10.

MITTTPG Mortgage Investment Trust, Inc.QOC 8.2YUMYum! Brands, Inc.QOC 8.2PJTPJT Partners Inc.QOC 8.2KDPKeurig Dr Pepper Inc.QOC 8.2ZSZscaler, Inc.QOC 8.2VOYAVoya Financial, Inc.QOC 8.2NVDANVIDIA CorporationQOC 10.0

Read investment analysis: MITT · YUM · PJT · KDP · ZS · VOYA · NVDA

What Else Do Investors Ask About ICF International, Inc.’s Valuation?

What is ICF International, Inc.'s intrinsic value in 2026?

CirclFi puts ICF International, Inc. (ICFI)'s intrinsic value at $91.66 — the median of 11 independent model estimates as of 2026-08-27, ranging from $39.15 to $206.78. One component of that median, the Bayesian DCF, runs 10,000 Monte Carlo simulations with jump-diffusion and returns $128.54 on its own. The Quality of Company score is 8.2/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is ICFI overvalued or undervalued right now?

At $89.80, 6 of 11 active models suggest ICFI may be undervalued, while 5 indicate potential overvaluation. The median of all 11 fair value estimates is $91.66, within 2.1% of the current price of $89.80 — a consensus view that ICFI is fairly valued. The assessment depends on which methodology best fits ICF International, Inc.'s business model in Consulting Services.

What does a Quality of Company score of 8.2 mean for ICFI?

ICF International, Inc.'s QOC of 8.2/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores above 7 indicate strong fundamentals and disciplined management.

How many valuation models does CirclFi run on ICFI?

CirclFi analyzes ICFI with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 11 of 13 are active for this stock. Read the full methodology →

Which valuation models are most bullish and most bearish on ICFI?

Of the 11 models currently active on ICFI, Regime Cross-Sectional is the most bullish at $206.78 per share, and ML Residual Income is the most bearish at $39.15. CirclFi's published fair value for ICFI is the median of that range, $91.66, not either extreme. The gap between the two ends equals 183% of the median — a wide spread, meaning the methods genuinely disagree and the median should carry less weight. Browse stocks by value-trap risk →

Is ICFI a value trap in 2026?

ICF International, Inc.'s Value Trap score is 17/100 (SAFE). This low score indicates the current valuation is not artificially depressed by fundamental deterioration, suggesting genuine opportunity rather than a trap.

Cite this analysis — “According to CirclFi’s 11-model valuation engine, ICF International, Inc. (ICFI) has a median fair value of $91.66 — within 2.1% of the current price of $89.80 — as of 2026-08-27.” Source: circlfi.com/stock/ICFI/ · Methodology
Primary sources for this ICFI valuation
  • Financial statements: ICF International, Inc. 10-K and 10-Q filings on SEC EDGAR (CIK 0001362004) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for ICFI as of ; valuations recomputed .

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