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Independence Contract Drilling Inc Stock (ICD) Forecast
The Independence Contract Drilling Inc (ICD) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $1.1022, representing a -31.11% decrease from the current price of $1.60. The highest analyst price target is $1.3997, and the lowest is $0.8046.
Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month ICD Price Target
Average 1.1261
(-29.62% Downside)
Is Independence Contract Drilling Inc (ICD) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 26.77 | Buy |
| STOCH(9,6) | 2.5135 | Buy |
| STOCHRSI(14) | 4.1199 | Buy |
| MACD(12,26) | -0.0612 | Sell |
| ADX(14) | 21.48 | Neutral |
| William %R | -95.00 | Buy |
| CCI(14) | -130.47 | Sell |
Buy: 4
Sell: 2
Neutral: 1
Summary: Buy
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
1.745
Sell
|
1.722
Sell
|
| MA20 |
1.826
Sell
|
1.7827
Sell
|
| MA50 |
1.812
Sell
|
1.8526
Sell
|
| MA100 |
1.9727
Sell
|
1.997
Sell
|
| MA200 |
2.3746
Sell
|
2.3066
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, ICD could be considered a Strong Sell, with 17 technical analysis indicators signaling 4 Buy signals, 12 signaling Sell signals and 1 Neutral signals. This might not be a good time to consider opening new positions on ICD, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 26.77 indicates that ICD is oversold. This indicates that ICD price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
- STOCH (Stochastic Oscillator): The STOCH value of 2.5135 indicates that ICD is oversold. This indicates that ICD price is at or near the lowest level over a specified lookback period.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 4.1199 indicates that ICD is oversold. This suggests that ICD price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 21.48 suggests that there may be some movement in price, but it lacks strength or conviction.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -130.47 indicates that ICD is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.
Long-term ICD price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Independence Contract Drilling Inc financial reports and earnings history, Independence Contract Drilling Inc (ICD) stock could reach $6.5038 by 2030, $12.54 by 2040 and $31.15 by 2050. See the projected annual prices until 2050 of the Independence Contract Drilling Inc stock below:
- Independence Contract Drilling Inc (ICD) is expected to reach an average price of $15.54 in 2035, with a high prediction of $15.80 and a low estimate of $15.83. This indicates an $871.54% rise from the last recorded price of $1.60.
- Independence Contract Drilling Inc (ICD) stock is projected to chart a bullish course in 2040, with an average price target of $12.06, representing an $653.62% surge from its current level. The forecast ranges from a conservative $12.11 to a sky-high $12.54.
- Our analysts predict Independence Contract Drilling Inc (ICD) to jump 1,149% by 2045, soaring from $20.15 to an average price of $19.98, potentially reaching $20.80. While $20.15 is the low estimate, the potential upside is significant.
- Independence Contract Drilling Inc (ICD) stock is expected to climb by 2050, reaching an average of $30.49, a $1,806% jump from its current level. However, a wide range of estimates exists, with high and low targets of $31.15 and $30.52, respectively, highlighting the market's uncertainty.
Independence Contract Drilling Inc Stock (ICD) Year by Year Forecast
Independence Contract Drilling Inc Stock (ICD) Price Forecast for 2024
Our forecast for ICD stock price in 2024 now indicates an average price target of $1.5345 with a high forecast of $2.51 and a low forecast of $0.559. The average prediction reflects an decrease of -4.10% from the last recorded price of $1.60.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| June, 2024 | $0.972 | $0.8046 | $1.3997 | -39.25% |
| July, 2024 | $0.7092 | $0.5943 | $1.2269 | -55.67% |
| August, 2024 | $0.609 | $0.559 | $1.1121 | -61.94% |
| September, 2024 | $0.8987 | $0.5964 | $1.0987 | -43.83% |
| October, 2024 | $1.2259 | $0.8661 | $1.3836 | -23.38% |
| November, 2024 | $1.2156 | $1.0907 | $1.6933 | -24.02% |
| December, 2024 | $1.3153 | $1.0903 | $1.553 | -17.79% |
Independence Contract Drilling Inc Stock (ICD) Price Forecast for 2025
Independence Contract Drilling Inc Stock (ICD) is expected to reach an average price of $0.932 in 2025, with a high prediction of $1.4302 and a low estimate of $0.4338. This indicates an -41.75% fall from the last recorded price of $1.60.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $1.1525 | $0.9325 | $1.4302 | -27.97% |
| February, 2025 | $0.9122 | $0.6974 | $1.1799 | -42.98% |
| March, 2025 | $1.142 | $0.8446 | $1.1809 | -28.63% |
| April, 2025 | $0.7392 | $0.7074 | $1.2594 | -53.80% |
| May, 2025 | $0.6589 | $0.599 | $0.9766 | -58.82% |
| June, 2025 | $0.4486 | $0.4338 | $0.8163 | -71.96% |
| July, 2025 | $0.8858 | $0.4461 | $1.0558 | -44.64% |
| August, 2025 | $0.8732 | $0.7532 | $0.9932 | -45.42% |
| September, 2025 | $1.0554 | $0.5688 | $1.1003 | -34.04% |
| October, 2025 | $1.051 | $1.0505 | $1.041 | -34.31% |
| November, 2025 | $1.2916 | $1.2462 | $1.1716 | -19.28% |
| December, 2025 | $1.0972 | $1.2318 | $1.1321 | -31.42% |
Independence Contract Drilling Inc Stock (ICD) Price Forecast for 2026
The predicted value for Independence Contract Drilling Inc (ICD) in 2026 is set at an average of $1.2845. Estimates vary from a peak of $2.33 to a trough of $0.2389, indicating an -19.72% surge from the present price of $1.60.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $0.6478 | $0.9726 | $1.0225 | -59.52% |
| February, 2026 | $0.5483 | $0.6248 | $0.5531 | -65.73% |
| March, 2026 | $0.4888 | $0.5137 | $0.5185 | -69.45% |
| April, 2026 | $0.3045 | $0.3746 | $0.2693 | -80.97% |
| May, 2026 | $0.395 | $0.3496 | $0.375 | -75.31% |
| June, 2026 | $0.5655 | $0.6386 | $0.5752 | -64.66% |
| July, 2026 | $0.3312 | $0.3712 | $0.3609 | -79.30% |
| August, 2026 | $0.5817 | $0.4163 | $0.4817 | -63.64% |
| September, 2026 | $0.5573 | $0.5119 | $0.4822 | -65.17% |
| October, 2026 | $0.6179 | $0.5876 | $0.5476 | -61.38% |
| November, 2026 | $0.2084 | $0.2984 | $0.5131 | -86.98% |
| December, 2026 | $2.57 | $0.2389 | $2.33 | +60.62% |
Independence Contract Drilling Inc Stock (ICD) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Independence Contract Drilling Inc (ICD) is $2.5186, with a high forecast of $3.2754 and a low forecast of $1.7617. This indicates an +57.41% increase from the last price of $1.60.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $3.1608 | $3.1908 | $3.2754 | +97.55% |
| February, 2027 | $3.1216 | $3.2985 | $3.1116 | +95.10% |
| March, 2027 | $3.0601 | $3.2601 | $3.1724 | +91.25% |
| April, 2027 | $3.0108 | $3.1978 | $3.0631 | +88.18% |
| May, 2027 | $2.4916 | $2.8216 | $2.9186 | +55.73% |
| June, 2027 | $2.3701 | $2.3788 | $2.3447 | +48.13% |
| July, 2027 | $1.9509 | $2.1909 | $2.2578 | +21.93% |
| August, 2027 | $1.9217 | $1.9918 | $1.9086 | +20.11% |
| September, 2027 | $2.2202 | $1.9494 | $1.9225 | +38.76% |
| October, 2027 | $1.9109 | $2.0309 | $2.0879 | +19.43% |
| November, 2027 | $1.7217 | $1.7617 | $1.7863 | +7.61% |
| December, 2027 | $1.7902 | $1.7894 | $1.8025 | +11.89% |
Independence Contract Drilling Inc Stock (ICD) Price Forecast for 2028
In 2028, Independence Contract Drilling Inc (ICD) is projected to reach an average price of $3.3569, with a high projection of $5.4505 and a low estimate of $1.2634. This indicates an +109.81% rise from the last price of $1.60.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $1.791 | $1.7979 | $1.7333 | +11.94% |
| February, 2028 | $1.7818 | $1.7864 | $1.7464 | +11.36% |
| March, 2028 | $1.3203 | $1.3926 | $1.6596 | -17.48% |
| April, 2028 | $4.78 | $1.2634 | $4.54 | +198.75% |
| May, 2028 | $5.3313 | $5.331 | $5.4505 | +233.21% |
| June, 2028 | $5.3324 | $5.3524 | $5.1821 | +233.27% |
| July, 2028 | $5.0434 | $5.2434 | $5.1731 | +215.21% |
| August, 2028 | $4.8947 | $5.0847 | $4.9942 | +205.92% |
| September, 2028 | $4.1458 | $4.2777 | $4.6251 | +159.11% |
| October, 2028 | $4.1268 | $4.1355 | $4.1363 | +157.93% |
| November, 2028 | $3.7781 | $3.8081 | $3.9971 | +136.13% |
| December, 2028 | $3.4392 | $3.5492 | $3.5456 | +114.95% |
Independence Contract Drilling Inc Stock (ICD) Price Forecast for 2029
The 2029 price forecast for Independence Contract Drilling Inc Stock (ICD) is $4.9567 on average, with a high prediction of $7.6257 and a low estimate of $2.2878. This represents an +209.80% increase from the previous price of $1.60.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $3.6805 | $3.5694 | $3.6005 | +130.03% |
| February, 2029 | $3.3915 | $3.4115 | $3.4307 | +111.97% |
| March, 2029 | $3.1026 | $3.1523 | $3.2118 | +93.91% |
| April, 2029 | $3.0936 | $3.1436 | $3.1234 | +93.35% |
| May, 2029 | $3.0849 | $3.0397 | $2.9844 | +92.81% |
| June, 2029 | $2.886 | $2.941 | $2.9452 | +80.37% |
| July, 2029 | $2.397 | $2.477 | $2.4765 | +49.81% |
| August, 2029 | $7.9328 | $2.2878 | $7.5528 | +395.80% |
| September, 2029 | $7.4541 | $7.4713 | $7.6257 | +365.88% |
| October, 2029 | $7.2683 | $7.4054 | $7.257 | +354.27% |
| November, 2029 | $7.0596 | $7.1296 | $7.1739 | +341.22% |
| December, 2029 | $6.7909 | $6.9809 | $6.9252 | +324.43% |
Independence Contract Drilling Inc Stock (ICD) Price Forecast for 2030
Independence Contract Drilling Inc Stock (ICD) is expected to reach an average price of $6.5288 in 2030, with a high forecast of $9.7454 and a low forecast of $3.3123. This signifies an +308.05% surge from the last price of $1.60.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $6.085 | $6.1041 | $6.5038 | +280.31% |
| February, 2030 | $5.8363 | $5.8663 | $5.9279 | +264.77% |
| March, 2030 | $5.4477 | $5.4777 | $5.342 | +240.48% |
| April, 2030 | $5.039 | $5.149 | $5.1977 | +214.94% |
| May, 2030 | $5.1931 | $5.1518 | $5.1131 | +224.57% |
| June, 2030 | $4.8344 | $4.8544 | $4.9259 | +202.15% |
| July, 2030 | $4.6885 | $4.5357 | $4.6372 | +193.03% |
| August, 2030 | $4.3699 | $4.3699 | $4.4514 | +173.12% |
| September, 2030 | $4.3012 | $4.2733 | $4.2355 | +168.82% |
| October, 2030 | $3.7853 | $3.9753 | $4.144 | +136.58% |
| November, 2030 | $3.4366 | $3.4566 | $3.5881 | +114.79% |
| December, 2030 | $10.13 | $3.3123 | $9.7454 | +532.84% |
2.47%
2.44%
Cap:
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Volume (24h):