Zacks sees 22.20 percent earnings growth for ICL Group stock

Published on 10/15/2026 at 10:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks sees 22.20 percent 2026 growth for ICL on October 2, 2026. ICL Group stock had USD 2.13 billion Q2 revenue versus USD 2.01 billion consensus.

Growth outlook and reporting date

Zacks projected 22.20 percent earnings growth for ICL in 2026 on October 2, 2026.
Second-quarter revenue reached USD 2.13 billion against USD 2.01 billion consensus.
ICL is scheduled to report its next results on November 10, 2026.

ICL, IL0002810146, Illustration mit AI erstellt.

ICL Group (ISIN IL0002810146) entered the latest fertilizer outlook with a 22.20 percent projected earnings growth rate for 2026. On October 2, 2026, Zacks included ICL among three fertilizer stocks to watch.

Zacks raises the growth bar

The forecast stands against a difficult industry backdrop. Zacks said higher fertilizer prices could support top-line and margin expansion, while elevated sulfur and ammonia costs could pressure margins across the sector.

ICL's own second-quarter figures provide the company-specific test. Revenue reached USD 2.13 billion, compared with USD 2.01 billion consensus, a USD 0.12 billion beat. Simply Wall St described the result alongside a planned four-division structure and the Elevate program, which targets more than USD 350 million in annualized savings by the end of 2028.

Three dates frame the shift

On May 17, 2026, ICL's first-quarter update cited USD 2.02 billion in sales and 14 percent year-over-year growth. On August 6, 2026, the company outlined the four-division reorganization and the USD 350 million-plus cost program. On October 2, 2026, Zacks projected 22.20 percent 2026 earnings growth for ICL. The sequence moves from stronger sales to structural savings and then to an external growth estimate.

What does the forecast mean for margins?

The answer depends on whether higher fertilizer prices outweigh input-cost pressure. ICL's second-quarter revenue beat of USD 0.12 billion gives the forecast a measurable operating starting point, but Zacks also identified raw-material costs and weaker farm affordability as risks. For investors, the key issue is conversion of revenue growth into durable earnings rather than revenue alone.

Next reporting date is set

ICL's next earnings date is November 10, 2026, according to StockIQ AI. That report should show whether the second-quarter revenue performance and the cost program are translating into improved profitability.

Market context remains valuation-led

ICL's market capitalization was USD 6.4 billion as of October 14, 2026, while its 52-week range was USD 4.76 to USD 6.97. The company operates in agricultural inputs and specialty minerals, with four main business areas spanning industrial products, potash, phosphate solutions and growing solutions.