ICON Stock Jumps Again After Accounting Cloud Clears, One Risk Lingers
ICON plc shares rose 5.1% to $151.21 in New York after closing an accounting probe and restating revenue, which was overstated by 0.8% in 2023 and 1.1% in 2024. The company reported Q4 revenue of $2.11 billion and set 2026 revenue guidance below 2025 levels. Analysts raised price targets, and two new board members joined. ICON flagged ongoing material weaknesses in internal controls.