Added to YB: 2025-05-30
Pitch date: 2025-04-13
ICE [bullish]
Intercontinental Exchange, Inc.
+3.68%
current return
Author Info
No bio for this author
Company Info
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, India, Israel, Canada, and Singapore.
Market Cap
$88.1B
Pitch Price
$157.42
Price Target
208.00 (+27%)
Dividend
1.24%
EV/EBITDA
17.13
P/E
28.13
EV/Sales
10.95
Sector
Capital Markets
Category
growth
Intercontinental Exchange, Inc. - $ICE
ICE: Quality business with accelerating growth in 3 segments. Exchanges (53% rev) gaining share in oil/gas futures with 90% incremental margins. Mortgage Tech (22% rev) showing strong customer wins despite industry lows, 7% recurring revenue growth expected. FIDS stable at 25% rev. Total 9% revenue growth with expanding margins driving 17% annual EPS growth. 34% upside to $208. Risk: mortgage market stays depressed.
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