Intercontinental Exchange, Inc. (ICE) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does Intercontinental Exchange, Inc. Do?
Intercontinental Exchange, Inc., together with its subsidiaries, operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, the European Union, Singapore, Israel, and Canada. It operates through three segments: Exchanges, Fixed Income and Data Services, and Mortgage Technology. The company operates marketplaces for listing, trading, and clearing an array of derivatives contracts and financial securities, such as commodities, interest rates, foreign exchange, and equities, as well as corporate and exchange-traded funds; trading venues, including 13 regulated exchanges and 6 clearing houses; and offers futures and options products for energy, agricultural and metals, financial, cash equities and equity, over-the-counter, and other markets, as well as listings and data and connectivity services. It also provides fixed income data and analytic, fixed income execution, CDS clearing, and other multi-asset class data and network services. In addition, the company offers proprietary and comprehensive mortgage origination platform, which serves residential mortgage loans; closing solutions that provides customers connectivity to the mortgage supply chain and facilitates the secure exchange of information; data and analytics services; and Data as a Service for lenders to access data and origination information. Intercontinental Exchange, Inc. was founded in 2000 and is headquartered in Atlanta, Georgia. Intercontinental Exchange, Inc. (ICE) is classified as a large-cap stock in the Financials sector, specifically within the Trading industry. The company is led by CEO Jeffrey C. Sprecher and employs approximately 8,910 people, headquartered in Atlanta, Georgia. With a market capitalization of $89.8B, ICE is one of the prominent companies in the Financials sector.
Intercontinental Exchange, Inc. (ICE) Stock Rating — Hold (April 2026)
As of April 2026, Intercontinental Exchange, Inc. receives a Hold rating with a composite score of 53.0/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.ICE ranks #523 out of 4,446 stocks in our coverage universe. Within the Financials sector, Intercontinental Exchange, Inc. ranks #166 of 891 stocks, placing it in the top quartile of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
ICE Stock Price and 52-Week Range
Intercontinental Exchange, Inc. (ICE) currently trades at $160.95. The stock lost $1.02 (0.6%) in the most recent trading session. The 52-week high for ICE is $189.35, which means the stock is currently trading -15.0% from its annual peak. The 52-week low is $143.17, putting the stock 12.4% above its annual trough. Recent trading volume was 2.8M shares, reflecting moderate market activity.
Is ICE Overvalued or Undervalued? — Valuation Analysis
Intercontinental Exchange, Inc. (ICE) carries a value factor score of 62/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 29.90x, compared to the Financials sector average of 14.88x — a premium of 101%. The price-to-book ratio stands at 3.28x, versus the sector average of 1.22x. The price-to-sales ratio is 7.58x, compared to 0.90x for the average Financials stock. On an enterprise value basis, ICE trades at 14.96x EV/EBITDA, versus 3.26x for the sector.
Overall, ICE's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
Intercontinental Exchange, Inc. Profitability — ROE, Margins, and Quality Score
Intercontinental Exchange, Inc. (ICE) earns a quality factor score of 62/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 11.0%, compared to the Financials sector average of 8.5%, which is within a healthy range. Return on assets (ROA) comes in at 2.3% versus the sector average of 1.2%.
On a margin basis, Intercontinental Exchange, Inc. reports gross margins of 100.0%. The operating margin is 38.2% (sector: 21.8%). Net profit margin stands at 25.4%, versus 17.7% for the average Financials stock. Revenue growth is running at 3.8% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
ICE Debt, Balance Sheet, and Financial Health
Intercontinental Exchange, Inc. has a debt-to-equity ratio of 372.0%, compared to the Financials sector average of 121.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.02x, suggesting adequate working capital coverage. Total debt on the balance sheet is $19.03B. Cash and equivalents stand at $84.46B.
ICE has a beta of 0.43, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Intercontinental Exchange, Inc. is 88/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
Intercontinental Exchange, Inc. Revenue and Earnings History — Quarterly Trend
In TTM 2026, Intercontinental Exchange, Inc. reported revenue of $12.53B and earnings per share (EPS) of $5.79. Net income for the quarter was $3.18B. Gross margin was 100.0%. Operating income came in at $4.79B.
In FY 2025, Intercontinental Exchange, Inc. reported revenue of $12.64B and earnings per share (EPS) of $5.79. Net income for the quarter was $3.37B. Revenue grew 36.2% year-over-year compared to FY 2024. Operating income came in at $4.93B.
In Q3 2025, Intercontinental Exchange, Inc. reported revenue of $3.01B and earnings per share (EPS) of $1.43. Net income for the quarter was $831M. Revenue grew -0.9% year-over-year compared to Q3 2024. Operating income came in at $1.17B.
In Q2 2025, Intercontinental Exchange, Inc. reported revenue of $3.26B and earnings per share (EPS) of $1.49. Net income for the quarter was $865M. Revenue grew 12.6% year-over-year compared to Q2 2024. Operating income came in at $1.30B.
Over the past 8 quarters, Intercontinental Exchange, Inc. has demonstrated a growth trajectory, with revenue expanding from $2.90B to $12.53B. Investors analyzing ICE stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
ICE Dividend Yield and Income Analysis
Intercontinental Exchange, Inc. (ICE) currently pays a dividend yield of 1.1%. At this yield, a $10,000 investment in ICE stock would generate approximately $$112.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning ICE yields less than the typical sector peer. With a net margin of 25.4%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
ICE Momentum and Technical Analysis Profile
Intercontinental Exchange, Inc. (ICE) has a momentum factor score of 40/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 32/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 33/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
ICE vs Competitors — Financials Sector Ranking and Peer Comparison
Within the Financials sector, Intercontinental Exchange, Inc. (ICE) ranks #166 out of 891 stocks based on the Blank Capital composite score. This places ICE in the top quartile of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.
Comparing ICE against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full ICE vs S&P 500 (SPY) comparison to assess how Intercontinental Exchange, Inc. stacks up against the broader market across all factor dimensions.
ICE Next Earnings Date
No upcoming earnings date has been announced for Intercontinental Exchange, Inc. (ICE) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy ICE? — Investment Thesis Summary
Intercontinental Exchange, Inc. presents a balanced picture with arguments on both sides. The quality score of 62/100 indicates above-average profitability and business fundamentals. The value score of 62/100 suggests attractive pricing relative to fundamentals. Low volatility (stability score 88/100) reduces downside risk.
In summary, Intercontinental Exchange, Inc. (ICE) earns a Hold rating with a composite score of 53.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on ICE stock.
Related Resources for ICE Investors
Explore more research and tools: ICE vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare ICE head-to-head with peers: ICE vs WTM, ICE vs OPY, ICE vs ACT.