
ICL Group Faces $70-90 Million Water Fee Ruling Impact

ICL Group Ltd. announced that the Israeli Supreme Court ruled the company must pay water fees for extraction in the Dead Sea area, retroactive from January 1, 2018. This overturns a previous exemption and will cost ICL $70-90 million up to September 2025, with annual costs of $10-12 million until 2030. The ruling impacts ICL's financial results for Q4 2025 and future cost structure. Analysts rate ICL stock as Hold with a $5.80 target, noting mixed financial performance and challenges.
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Icl ( (ICL) ) has issued an update.
On December 3, 2025, ICL Group Ltd. announced that the Israeli Supreme Court ruled in favor of petitions requiring the company to pay water fees for water extraction in the Dead Sea Concession area, effective retroactively from January 1, 2018. This decision overturns a previous exemption based on the Israeli Ministry of Justice’s legal opinion. As a result, ICL estimates it will incur costs between $70-90 million for the period up to September 2025, with additional annual costs of $10-12 million expected until the concession’s expiration in 2030. The ruling could significantly impact ICL’s financial results for the fourth quarter of 2025 and alter its cost structure moving forward.
The most recent analyst rating on (ICL) stock is a Hold with a $5.80 price target. To see the full list of analyst forecasts on Icl stock, see the ICL Stock Forecast page.
Spark’s Take on ICL Stock
According to Spark, TipRanks’ AI Analyst, ICL is a Neutral.
ICL’s overall stock score reflects a mixed financial performance with resumed revenue growth but pressure on profitability. Technical analysis indicates bearish momentum, while valuation metrics suggest potential overvaluation. The earnings call provided positive guidance but also highlighted significant challenges. These factors combined result in a moderate overall score.
To see Spark’s full report on ICL stock, click here.
More about Icl
ICL Group Ltd. operates in the chemical industry, focusing on the production and supply of fertilizers, industrial products, and performance products. The company is headquartered in Tel Aviv, Israel, and is involved in the extraction and processing of minerals, particularly in the Dead Sea region.
Average Trading Volume: 719,935
Technical Sentiment Signal: Sell
Current Market Cap: $7.19B

