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Added to YB: 2026-05-05

Pitch date: 2026-05-01

ICE [bullish]

Intercontinental Exchange, Inc.

+1.39%

current return

Author Info

The Diversified Fins Analyst is a former sellside & buyside equities analyst focused on diversified financials (exchanges, online brokers, trading companies, etc.). Sign up for the newsletter.

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, Canada, Asia Pacific, and the Middle East.

Market Cap

$88.5B

Pitch Price

$154.30

Price Target

N/A

Dividend

1.32%

EV/EBITDA

16.21

P/E

22.75

EV/Sales

10.41

Sector

Capital Markets

Category

growth

Show full summary:
Intercontinental Exchange, Inc. (ICE) 1Q26 Earnings Review

ICE (earnings): Q1 rev $2,977M (+20% YoY) beat est $2,946M; adj EPS $2.35 (+36% YoY) beat est $2.26. Record exchanges rev $1,781M (+30% YoY), FIDS rev $657M (+10% YoY), mortgage tech rev $539M (+6% YoY). Op margin 65.2% (+420bps YoY). Futures ADV +45% YoY, cash equities ADV +39% YoY. Repurchased $551M shares. Tokenization platform for 24/7 trading, AI embedded in workflows, Polymarket partnership scaling. FY26 expense guide raised to $4.145-$4.195B from $4.075-$4.140B.

Read full article (7 min)