What is the current Price Target for the Independence Contract Drilling, Inc. stock?

The average Independence Contract Drilling, Inc. target price is $3.00. This is 10,809.10% higher than the current stock price. 1 Analyst has issued a Independence Contract Drilling, Inc. price target 2027.

How high will the Independence Contract Drilling, Inc. stock rise?

No reliable answer can be given as to how high the Independence Contract Drilling, Inc. stock will rise. The performance of stocks, including the Independence Contract Drilling, Inc. stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

What's going on with the Independence Contract Drilling, Inc. stock today?

The performance of Independence Contract Drilling, Inc. stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

Why did the Independence Contract Drilling, Inc. stock fall?

The decline in Independence Contract Drilling, Inc. stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

Independence Contract Drilling, Inc. Forecast, price target & analysts

$0.03

0.00%

NYSE, Fri, Jan 02 2026

ISIN

US4534153097

Symbol

ICDIQ

Reports

Quarter | Annual

Index

NYSE Composite

Sector

Energy

Industry

Energy Equipment & Services

Overview Dividends Analysts Charts Strategies

Independence Contract Drilling, Inc. Target price 2026 - Analyst rating & recommendation

Independence Contract Drilling, Inc. Classifications & Recommendation:

Buy

89%

Hold

11%

Independence Contract Drilling, Inc. Price Target

Target Price	$3.00
Price	$0.03
Potential	10,809.10% register free of charge
Number of Estimates	1

	1 Analyst has issued a Independence Contract Drilling, Inc. price target 2027. The average Independence Contract Drilling, Inc. target price is $3.00. This is 10,809.10% register free of charge higher than the current stock price.
	A rating was issued by 9 analysts: 8 Analysts recommend Independence Contract Drilling, Inc. to buy, 1 to hold and 0 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the Independence Contract Drilling, Inc. stock has an average upside potential 2027 of 10,809.10% register free of charge . Most analysts recommend the Independence Contract Drilling, Inc. stock at Purchase.

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually

	Dec '23	2024 Estimates
Earnings Per Share $	-2.69	-1.15
	46.31%	57.25%
P/E		negative
EV/Sales		0.97

Based on analysts' sales estimates for 2024, the Independence Contract Drilling, Inc. stock is valued at an EV/Sales of

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and an P/S ratio of

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This results in the following potential growth metrics and future valuations:

Current	0.93	9.71%
2024	0.97 3.98% Unlock
2025	0.87 9.73% Unlock

Current	0.00	187.50%
2024	0.00 4.35% Unlock
2025	0.00 8.33% Unlock

Independence Contract Drilling, Inc....

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