Intercontinental Exchange, Inc. (ICE) fair value analysis
S&P 500 · Updated 2026-10-19
ICE price how computed
Forward Fair Value verdict
UndervaluedICE is trading at a 10–25% discount to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $156.19
- Sector
- Financial Services
- 12-month range
- $122.91–$175.10
- Market cap
- $87.7B
- From 52-week high
- -10.8%
- Shares outstanding
- 561M
- Rank in Financial Services by discount to fair value
- #35 of 167
Last price is our 2026-10-19 weekly price; the chart runs through 2026-10-16.
Intercontinental Exchange, Inc. is a provider of market infrastructure and data services that operates electronic exchanges for financial instruments including futures, options, equities, and currencies. The company serves customers across North America, Europe, Asia, and other regions globally through its various trading platforms and information services.
ICE currently ranks #35 of 167 Financial Services stocks by discount to fair value. It has screened as Undervalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $87.7B
- P/E (trailing)
- 20x
- Revenue (TTM)
- $13.4B
- Net margin
- 30.0%
- EPS (TTM)
- $7.67
- Gross margin
- 73.8%
- Debt / equity
- 0.69
- Revenue growth (3-yr avg)
- 16.2%
- Shares outstanding
- 561M
Derived indicators how computed
- Quality grade
- A
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 65 · neutral
- 50-day average
- $156.27
- 200-day average
- $154.71
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $2.04 per share (4 payments)
- Yield on last price
- 1.31%
- Consecutive years of increases
- 8
- Next ex-dividend date
- 2026-12-16
- Last payment date
- 2026-09-30
Earnings how computed
- Next earnings report
- 2026-10-29 (pre-market)
- Last 8 quarters vs consensus
- 7 beat, 0 missed
- Quarter by quarter
- 2026-06 ▲ beat (+3.3%)
2026-03 ▲ beat (+4.0%)
2025-12 ▲ beat (+2.4%)
2025-09 ▲ beat (+6.2%)
2025-06 ▲ beat (+2.3%)
2025-03 ▲ beat (+1.2%)
2024-12 ▲ beat (+2.0%)
2024-09 ▬ met (0.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 14 buy · 1 hold · 0 sell (15 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $188
- Target vs last price
- +20.4%
What our data shows for ICE
- Our model validated 17 trailing price-to-earnings windows for ICE, built from quarterly earnings records.
- Shares are trading in the middle of their 12-month price range of $122.91–$175.10.
- The 14-day relative strength index sits at a neutral 65.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for ICE
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent ICE news
TickrTrends' derived news-sentiment signal for ICE is currently leaning positive, computed from recent coverage.
- Tokenized stock trading takes off overseas as Goldman, other U.S. companies object (cnbc.com, 2026-10-21)
TickrTrends take: Tokenized stock trading is gaining traction in international markets while facing resistance from major U.S. financial institutions, which could reshape how trading infrastructure develops globally. This divergence between overseas adoption and domestic pushback represents a potential long-term shift in market structure that valuation-focused investors should monitor for its impact on ICE's competitive positioning and revenue streams. Given TickrTrends' undervalued assessment, investors should watch whether ICE can capitalize on or adapt to tokenization trends before they materially affect the company's core trading and clearing businesses. - NYSE Expands Trading Hours for American Options, Impacting ICE (Intercontinental Exchange) (gurufocus.com, 2026-10-19)
TickrTrends take: The expansion of NYSE trading hours for American options represents a competitive development for ICE, which operates the NYSE and manages options trading infrastructure through its subsidiaries. As TickrTrends currently rates ICE as undervalued, investors monitoring this valuation should consider how extended trading hours might influence trading volumes and associated fee revenues from options markets. The financial services sector frequently experiences valuation shifts based on regulatory changes and competitive dynamics, making this options market expansion a relevant factor for tracking whether current pricing reflects ICE's full revenue potential. - Intercontinental Exchange's NYSE extends trading hours for NYSE American options (ICE:NYSE) (seekingalpha.com, 2026-10-19)
TickrTrends take: Intercontinental Exchange's decision to extend trading hours for NYSE American options represents an effort to enhance service offerings and potentially capture additional trading volume in a competitive derivatives market. For investors evaluating ICE at its current undervalued level, the expansion of trading hours could support revenue growth in the exchange and data services segments if it successfully attracts increased participation. The ability to monetize extended hours through transaction fees and market data subscriptions will be an important metric to monitor when assessing whether this operational initiative translates into tangible financial performance improvement.
More ICE news
- The referee cannot play: the case against NSE self-listing (thehindubusinessline.com, 2026-10-15)
- CME Group (CME) vs. Intercontinental Exchange (ICE): Which Exchange Giant Is the Better Buy? (insidermonkey.com, 2026-10-07)
- TD Cowen Downgrades Intercontinental Exchange (ICE) to Hold Amid Macro Concerns (gurufocus.com, 2026-10-06)
- OKX, ICE to Launch Tokenized Securities Trading, 24/7 : Tokenized Securities Venue OKXICE (crowdfundinsider.com, 2026-10-05)
What people are saying
Follow the ICE conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is ICE stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), ICE is trading at a 10–25% discount to estimated fair value and screens as undervalued. The exact fair value and discount are available to subscribers.
What is ICE's TickrTrends verdict?
ICE's current verdict is Undervalued, refreshed with every weekly Forward Fair Value run.
How does ICE compare to other Financial Services stocks?
ICE ranks #35 of 167 Financial Services stocks in TickrTrends' coverage by discount to fair value.
Is ICE overbought or oversold?
ICE's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does ICE pay a dividend?
Yes. ICE paid $2.04 per share over the last twelve months (4 payments), a 1.31% yield on TickrTrends' last price, and has raised the annual total for 8 consecutive years. The next ex-dividend date on file is 2026-12-16.
When does ICE report earnings next?
ICE's next earnings report is scheduled for 2026-10-29 (pre-market), per the published earnings calendar.
Does ICE usually beat earnings estimates?
Over its last 8 reported quarters ICE beat the consensus estimate 7 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about ICE?
Of 15 analysts covering ICE, 14 rate it a buy, 1 a hold and 0 a sell - buy-leaning, with a consensus price target of $188 (+20.4% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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Head-to-head comparisons
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