ICE
Intercontinental Exchange, Inc.Financial ServicesFinancial Data & Stock ExchangesGrowth
$156.65 · 15min delay
β 0.96A high-quality large-cap growth story trading at a premium valuation.
52-wk low $143.1752-wk high $189.35
Mkt Cap
$88.59B
P/E
—
PEG
2.16
P/B
3.01
Dividend
1.32%
ROE
13.9%
About the business
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.
Who would buy ICE?
Consensus 12/100 · Mixed · Investors are split.
0 8 7
Endorses
· 2 frameworks- Philip Fisher· Fisher Growth63/100
Revenue Growth > 15% 20.4% clears "> 15.0%".
- Dividend Growth School· Dividend Income63/100
Payout Ratio < 70% 28.5% clears "< 70.0%".
Rejects
· 3 frameworks- Walter Schloss
Insider activity · Negative
Insider selling outweighs buying
Strength 70/100
9 insiders sold $80.3M on a discretionary basis. Discretionary selling carries more signal than planned disposals, but insiders sell for many non-thesis reasons (taxes, diversification, life events) — do not over-read it. Over the 6M window, insiders are net sellers by 98,111 shares.
In Prism's context
Insider selling on a mature growth name is often compensation-driven and should not over-rotate a thesis built on durable cash flows — though concentrated discretionary selling is always worth flagging.
| Insider | Role | Type | Date | Shares | Avg price | Value | Own |
|---|---|---|---|---|---|---|---|
| JACKSON BENJAMIN R | President | Option exercise | Mar 10, 2026 | 2,724 | $110.05 | $300K | Direct |
| FOLEY DOUGLAS | Officer | Open-market sell | Mar 9, 2026 | 1,600 | $164.96 | $264K | Direct |
| JACKSON BENJAMIN R | President | Open-market sell | Feb 27, 2026 | 3,865 | $165.00 | $638K | Direct |
| SURDYKOWSKI ANDREW J | General Counsel | Open-market sell | Feb 26, 2026 | 4,571 | $162.00 | $741K | Direct |
| SURDYKOWSKI ANDREW J | General Counsel | Stock Gift at price 0.00 per share. | Feb 26, 2026 | 200 | $0.00 | $0 | Direct |
| SURDYKOWSKI ANDREW J | General Counsel | Option exercise | Feb 26, 2026 | 2,065 | $57.31 | $118K | Direct |
| MARTIN LYNN C | Officer | Open-market sell | Feb 20, 2026 | 13,456 | $153.86 | $2.07M | Direct |
| GARDINER WARREN | Chief Financial Officer | Open-market sell | Feb 19, 2026 | 2,490 | $154.00 | $383K | Direct |
| EDMONDS CHRISTOPHER SCOTT | Officer | Open-market sell | Feb 19, 2026 | 11,303 | $153.82 | $1.74M | Direct |
| JACKSON BENJAMIN R | President | Open-market sell | Feb 19, 2026 | 3,865 | $153.73 | $594K | Direct |
| KAPANI MAYUR | Chief Technology Officer | Open-market sell | Feb 18, 2026 | 15,213 | $155.02 | $2.36M | Direct |
| SPRECHER JEFFREY C | Chief Executive Officer | Open-market sell | Feb 18, 2026 | 279,937 | $155.00 | $43.39M | — |
| KAPANI MAYUR | Chief Technology Officer | Option exercise | Feb 18, 2026 | 5,347 | $57.31 | $306K | Direct |
| SPRECHER JEFFREY C | Chief Executive Officer | Option exercise | Feb 18, 2026 | 52,079 | $67.23 | $3.50M | Direct |
| SPRECHER JEFFREY C | Chief Executive Officer | Award / grant | Feb 10, 2026 | 28,214 | $0.00 | $0 | Direct |
| JACKSON BENJAMIN R | President | Open-market sell | Feb 10, 2026 | 12,861 | $165.00 | $2.12M | Direct |
| MARTIN LYNN C | Officer | Stock Gift at price 0.00 per share. | Feb 10, 2026 | 368 | $0.00 | $0 | Direct |
| JACKSON BENJAMIN R | President | Award / grant | Feb 10, 2026 | 10,921 | $0.00 | $0 | Direct |
| NAMKUNG JAMES WON | Officer | Award / grant | Feb 10, 2026 | 1,456 | $0.00 | $0 | Direct |
| MARTIN LYNN C | Officer | Award / grant | Feb 10, 2026 | 5,915 | $0.00 | $0 | Direct |
| SURDYKOWSKI ANDREW J | General Counsel | Award / grant | Feb 10, 2026 | 3,640 | $0.00 | $0 | Direct |
| KAPANI MAYUR | Chief Technology Officer | Award / grant | Feb 10, 2026 | 5,915 | $0.00 | $0 | Direct |
| FOLEY DOUGLAS | Officer | Award / grant | Feb 10, 2026 | 2,275 | $0.00 | $0 | Direct |
| WILLIAMS STUART GLEN | Chief Operating Officer | Award / grant | Feb 10, 2026 | 5,915 | $0.00 | $0 | Direct |
| KING ELIZABETH KATHRYN | Officer | Award / grant | Feb 10, 2026 | 3,640 | $0.00 | $0 | Direct |
| GARDINER WARREN | Chief Financial Officer | Award / grant | Feb 10, 2026 | 6,826 | $0.00 | $0 | Direct |
| EDMONDS CHRISTOPHER SCOTT | Officer | Award / grant | Feb 10, 2026 | 5,915 | $0.00 | $0 | Direct |
| JACKSON BENJAMIN R | President | Option exercise | Feb 10, 2026 | 12,861 | $57.31 | $737K | Direct |
| SPRIESER JUDITH A. | Director | Open-market sell | Feb 5, 2026 | 4,722 | $169.19 | $799K | Direct |
| SPRECHER JEFFREY C | Chief Executive Officer | Award / grant | Feb 3, 2026 | 92,846 | $0.00 | $0 | Direct |
| JACKSON BENJAMIN R | President | Award / grant | Feb 3, 2026 | 28,087 | $0.00 | $0 | Direct |
| NAMKUNG JAMES WON | Officer | Award / grant | Feb 3, 2026 | 3,744 | $0.00 | $0 | Direct |
| MARTIN LYNN C | Officer | Award / grant | Feb 3, 2026 | 17,164 | $0.00 | $0 | Direct |
| SURDYKOWSKI ANDREW J | General Counsel | Award / grant | Feb 3, 2026 | 9,362 | $0.00 | $0 | Direct |
| KAPANI MAYUR | Chief Technology Officer | Award / grant | Feb 3, 2026 | 12,482 | $0.00 | $0 | Direct |
| FOLEY DOUGLAS | Officer | Award / grant | Feb 3, 2026 | 4,680 | $0.00 | $0 | Direct |
| WILLIAMS STUART GLEN | Chief Operating Officer | Award / grant | Feb 3, 2026 | 9,362 | $0.00 | $0 | Direct |
| KING ELIZABETH KATHRYN | Officer | Award / grant | Feb 3, 2026 | 9,362 | $0.00 | $0 | Direct |
| GARDINER WARREN | Chief Financial Officer | Award / grant | Feb 3, 2026 | 10,921 | $0.00 | $0 | Direct |
| EDMONDS CHRISTOPHER SCOTT | Officer | Award / grant | Feb 3, 2026 | 14,043 | $0.00 | $0 | Direct |
Showing 40 of 50 matching transactions.
Insider activity from Yahoo Finance (quoteSummary: insiderTransactions + netSharePurchaseActivity). Cached 6 hours. · Insiders hold 0.8% of shares outstanding.
Net 6M: -98,111 sh
Price history
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Drag across the chart to select a custom period — all analysis below refocuses to that window.
What this means: Price near 52-week lows confirms what most frameworks are already flagging: the market is discounting deteriorating fundamentals.
What would ICE do to your portfolio?
Add Intercontinental Exchange, Inc. at a hypothetical weight and Prism recalculates your whole book:
Risk metrics
Sharpe, Sortino, volatility, max drawdown, beta — before and after.
Sector concentration
How much this shifts your top sector weight and overall diversification.
Archetype tilt
Whether this leans your book more toward Quality, Value, Growth, Deep Value, Income, or Momentum.
ICE is currently tagged:GrowthFails criteria (12/100)
Portfolio analytics are part of the member experience.
Sign in to run this simulationProbabilistic recommendation· rec-v1.0.0-2026-04
Intercontinental Exchange, Inc. · ICE
ICE: 55% estimated probability of outperforming over the next 12M window. 2 of 6 signal families positive (medium confidence). Strongest support: ROE 14%. Main risk to monitor: 22% above fair value.
Outperform prob.
55%
vs S&P 500 · 12M
Expected return
-3.2% → +20.8%
mid +8.8% / yr
Downside (p20)
-11.6%
stress -23.1%
Data quality
98/100
Excellent
Probabilistic research output, not financial advice. Prism recommendations are based on available data, historical relationships, and model assumptions. They do not guarantee future returns. Conduct independent due diligence before any investment decision.
Backtested and similar-setup statistics may be affected by survivorship bias, look-ahead bias, overfitting, transaction costs, liquidity constraints, and data limitations. Probability estimates are anchored heuristics — not validated forecasts — until the walk-forward backtest pipeline is in place.
Prism Score
Composite 64/100. Strongest contribution from quality; weakest from ownership.
Composite
64
/ 100
Deep valueval.
70/ 100
P/B 3.01× · FCF yield 4.2%
Margin of safetyval.
38/ 100
22% above fair value
Bull · base · bear scenarios
Three plausible paths over a 5-year horizon.
Indicative only. Probabilities are model-implied weights for stress-testing — not forecasts.
Bull
~20%$166.37
+1.2% / yr (5y)
A turnaround takes hold: margin recovers toward peer averages, revenue stabilises, and the market re-prices the asset value rather than the running earnings.
Drivers
- • Margin expands by 200–400 bps from 57%
- • Stranded asset value crystallises
- • Multiple re-rates one full turn higher
Base
~45%$127.98
-4.0% / yr (5y)
No deterioration, no surprise re-acceleration. 57% operating margin and 20% top-line growth chug along; the multiple slowly converges to the central fair-value estimate.
Global value comparison
Intercontinental Exchange, Inc. vs sector medians — GCC, MENA, and Global ex-US.
Sector: Financial Services. MENA-aware investors can sanity-check whether the US name is offering value relative to regional peers.
| Metric | ICE | GCC median | MENA median | Global ex-US |
|---|---|---|---|---|
| P/E (TTM) | — | 11.2× | 8.5× | 11.5× |
| P/B | 3.01× | 1.70× | 1.20× | 1.30× |
| Dividend yield | 1.32% | 4.60% | 4.20% | 4.00% |
| ROE | 13.9% |
Earnings reaction explainer
ICE blew past estimates by 22.1%.
Reported EPS $2.35 vs $1.92 expected — well outside the normal beat-and-raise band. The market typically rewards a print this size only if it is read as durable, not one-off. Trailing operating margin: 57.3%.
- Growth investorsPositive
Confirms operating leverage — 80% trailing EPS growth + a beat of this size is the pattern that drives multi-year re-rates.
- Quality investorsPositive
If ROE (14%) and operating margin (57%) are stable or rising, the beat is consistent with compounding rather than one-off.
- Value investorsNegative
Outsized beats on thin trailing quality often invite multiple expansion that doesn't survive the next print.
News & events
Next earnings
Thu, Jul 30 · consensus EPS $1.92 · last actual $2.35
ICE Mortgage Monitor April Home Prices Increase at Fastest Rate in Two Years
NYSE · just now
A Look At Intercontinental Exchange (ICE) Valuation As IRM 2 Extends To ERCOT Power Markets
Simply Wall St. · just now
Mini Melts USA and The Magnum Ice Cream Company Announce Strategic Partnership to Expand Ice Cream Distribution Across the U.S.
PR Newswire · just now
Key Metrics at a Glance
P/E Ratio (TTM)
N/A
PEG Ratio
2.16
P/B Ratio
3.01
EPS Growth
79.7%
Revenue Growth
20.4%
Debt / Equity
0.71
Net Cash / Share
$-35.58
Return on Equity
13.9%
Gross Margin
100.0%
Operating Margin
57.3%
FCF / Share
$6.62
Current Ratio
1.01