Icon PLC

ICLR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Icon: Despite Elevated Uncertainty Amid Ongoing Accounting Review, Shares Appear Undervalued

Rachel Elfman

Feb 24, 2026

Icon delayed its fourth-quarter and 2025 financial results amid its ongoing accounting review, with preliminary findings suggesting the company's revenue for fiscal years 2023 and 2024 may have been overstated by less than 2%. It also withdrew its previously issued 2025 guidance.

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Icon PLC

Icon: Despite Elevated Uncertainty Amid Ongoing Accounting Review, Shares Appear Undervalued

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