Inside the research
Intercontinental Exchange, Inc.
ICE Research profile · latest available data
Price overview
$154.31
▼ -2.62 (-1.7%)
| 52w hi | $173.31 |
|---|---|
| 52w lo | $122.50 |
| Vol | 2.51M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.29
| Short | +0.35 |
|---|---|
| Medium | +0.30 |
| Long | +0.14 |
computed 2026-09-27
Key fundamentals
Intercontinental Exchange, Inc.
Financial Services · Financial Data & Stock Exchanges
| Market cap | $86.63B |
|---|---|
| Enterprise value | $106.19B |
| Trailing P/E | 21.80x |
| Forward P/E | 17.53x |
| EV / EBITDA | 15.82x |
| P / S (ttm) | 8.21x |
| Profit margin | 38.2% |
| Return on equity | 14.1% |
| Revenue growth | +4.8% |
| Earnings growth | +14.2% |
| Debt / equity | 69.23 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.22 | |
| Sector | +0.02 | |
| Technical | +0.24 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Intercontinental Exchange, Inc., together with its subsidiaries, provides technology and data to financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Canada, Asia Pacific, and the Middle East. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The Exchanges segment operates regulated marketplace technology for the listing, trading, and clearing of an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange and equities, and corporate and exchange-traded funds, as well as data and connectivity services related to its exchanges and clearing houses. The Fixed Income and Data Services segment provides fixed income pricing, reference data, indices, analytics, and execution services, as well as global CDS clearing and multi-asset class data delivery technology. The Mortgage Technology segment offers a technology platform that provides customers comprehensive and digital workflow tools to address inefficiencies and mitigate risks that exist in the U.S. residential mortgage market life cycle from application through closing, servicing, and the secondary market. The company was founded in 2000 and is headquartered in Atlanta, Georgia.
Risk Metrics
| Beta vs SPX | 0.41 |
|---|---|
| Corr SPX | 0.29 |
| Annual vol | 22.2% |
| Annual ret | +0.7% |
| Sharpe | 0.03 |
| Max DD | -34.8% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $200.67 |
|---|---|
| High / Low | $251.00 / $174.00 |
| Median | $199.00 |
| Analysts | 15 |
| Strong Buy | 6 | |
|---|---|---|
| Buy | 9 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-05-01 | Barclays | → Overweight |
| 2026-04-15 | Piper Sandler | → Overweight |
| 2026-04-10 | Morgan Stanley | → Equal-Weight |
| 2026-04-08 | Barclays | → Overweight |
| 2026-02-10 | Morgan Stanley | → Equal-Weight |
| 2026-02-06 | Barclays | → Overweight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Material Agreement, Reg FD Disclosure… | read |
| 2026-07-30 | Earnings Release, Exhibits | read |
| 2026-05-19 | Shareholder Vote | read |
| 2026-04-30 | Earnings Release, Exhibits | read |
| 2026-02-05 | Earnings Release, Exhibits | read |
| 2025-11-17 | Other Material Event, Exhibits | read |
| 2025-10-30 | Earnings Release, Exhibits | read |
| 2025-10-07 | Other Material Event, Exhibits | read |
| 2025-09-18 | Officer / Director Change, Reg FD Disclosure… | read |
| 2025-08-20 | Bylaws Amendment, Exhibits | read |
| 2025-07-31 | Earnings Release, Exhibits | read |
| 2025-05-21 | Shareholder Vote | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 1 |
| Top-5 share | 100.0% |
| HHI | 10,000 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Ark Invest | $8.68M | 53.59K |
As of 2025-12-31
Connections
Subsidiarys: New York Stock Exchange
Dividends
| Yield (TTM) | 0.65% |
|---|---|
| $ / share (TTM) | $1.00 |
| 5y CAGR | +9.9% |
Annual dividend per share
| 2021 | $1.32 |
|---|---|
| 2022 | $1.52 |
| 2023 | $1.68 |
| 2024 | $1.80 |
| 2025 | $1.92 |
| 2026 | $0.52 |
SEC Filings
The Long Run
FY 2013–2025 · 13 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $9.90B | +15.3% | |
| Operating income | $4.93B | +16.4% | |
| Net income | $2.37B | +13.6% | |
| Cash from ops | $4.61B | +16.8% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $156.58 | $158.08 | $152.95 | $154.31 | 2.51M |
| Sep 24 | $156.74 | $157.20 | $154.87 | $156.93 | 2.68M |
| Sep 23 | $152.29 | $157.77 | $151.42 | $156.35 | 3.04M |
| Sep 22 | $155.92 | $155.92 | $152.51 | $152.93 | 2.70M |
| Sep 21 | $156.22 | $157.22 | $154.26 | $155.37 | 2.99M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →