Intercontinental Exchange
About: Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data services segment (24% of net revenue).
Employees: 12,937
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
243% more first-time investments, than exits
New positions opened: 192 | Existing positions closed: 56
44% more funds holding in top 10
Funds holding in top 10: 43 [Q2] → 62 (+19) [Q3]
10% more capital invested
Capital invested by funds: $74.9B [Q2] → $82.3B (+$7.43B) [Q3]
8% more funds holding
Funds holding: 1,452 [Q2] → 1,567 (+115) [Q3]
8% more repeat investments, than reductions
Existing positions increased: 607 | Existing positions reduced: 560
7% less call options, than puts
Call options by funds: $582M | Put options by funds: $624M
6.06% less ownership
Funds ownership: 95.33% [Q2] → 89.27% (-6.06%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$163
7%
upside
Avg. target
$183
21%
upside
High target
$200
32%
upside
6 analyst ratings
5 positive
83%
1 neutral
17%
0 negative
0%
JP Morgan Kenneth Worthington 73% 1-year accuracy 27 / 37 met price target | 25%upside $189 | Overweight Maintained | 17 Jan 2025 |
Keefe, Bruyette & Woods Kyle Voigt 81% 1-year accuracy 22 / 27 met price target | 17%upside $178 | Outperform Maintained | 13 Jan 2025 |
Barclays Benjamin Budish 78% 1-year accuracy 90 / 115 met price target | 18%upside $179 | Overweight Maintained | 13 Jan 2025 |
RBC Capital Ashish Sabadra 69% 1-year accuracy 40 / 58 met price target | 32%upside $200 | Outperform Reiterated | 7 Jan 2025 |
Deutsche Bank Brian Bedell 79% 1-year accuracy 34 / 43 met price target | 7%upside $163 | Hold Maintained | 11 Nov 2024 |
Financial journalist opinion
Based on 12 articles about ICE published over the past 30 days
Neutral
Business Wire
17 hours ago
ICE Launches Index to Track Performance of New Listings on the New York Stock Exchange
NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the launch of the NYSE® IPO Index (NYSEIPO), a new equal-weighted index to track the performance of companies listed on the NYSE Group's exchanges that have been spun off, directly listed, uplisted from OTC or ex-U.S. markets or completed initial public offerings (IPOs) during the last three years. "This new index facilitates investment in the performance of.
Positive
Seeking Alpha
5 days ago
The Near-Perfect Dividend Portfolio With 10 Sleep-Well-At-Night Gems
In a challenging market marked by uncertainty, building a resilient portfolio is key to long-term financial stability and peace of mind. Sleep-well-at-night, or SWAN, stocks are key. These reliable dividend stocks thrive despite volatility, offering steady income and solid growth in uncertain times. Building a balanced portfolio of 10 carefully selected SWAN stocks ensures consistent returns. This strategy offers peace of mind, regardless of market fluctuations.
Neutral
Business Wire
1 week ago
ICE Sees Highest Commodities Trading Volume Day in its History
LONDON & NEW YORK & AMSTERDAM--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that on Friday, January 10, 2025, ICE reported the highest commodities volume day in its history with a record 9.1 million futures and options traded, including a record 8.7 million energy futures and options, and a record 6.1 million oil futures and options. On January 10, 2025, ICE saw trading records across several of ICE's oil benchma.
Neutral
Business Wire
1 week ago
NYSE Group Consolidated Short Interest Report
NEW YORK--(BUSINESS WIRE)--NYSE today reported short interest as of the close of business on the settlement date of December 31, 2024.
Positive
Zacks Investment Research
1 week ago
Intercontinental Exchange Buys AFX to Strengthen Index Business
ICE buys American Financial Exchange to serve customers through the mortgage technology network with new and innovative product offerings.
Neutral
Business Wire
1 week ago
ICE Acquires the American Financial Exchange (AFX)
ATLANTA--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that it has acquired the American Financial Exchange (AFX), an electronic exchange for direct lending and borrowing for American banks and financial institutions. ICE has acquired 100% of AFX from 7RIDGE. The acquisition is not expected to have a material impact on ICE's 2025 financial results or on ICE's deleveraging or capital return plans. “AFX becoming part.
Positive
Zacks Investment Research
2 weeks ago
ICE Stock Trades Below 50-Day SMA: What Should You Do Now?
Intercontinental Exchange is poised for growth on the strength of its compelling portfolio and expansive risk-management services, strategic buyouts and a solid balance sheet.
Neutral
Business Wire
2 weeks ago
Intercontinental Exchange Reports December, Fourth Quarter and Full Year 2024 Statistics
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today reported December 2024 trading volume and related revenue statistics, which can be viewed on the company's investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. “ICE began building a global network of exchanges over 20 years ago, and our record performance in 2024 is a testamen.
Positive
Seeking Alpha
2 weeks ago
3 Of My Highest-Conviction Ideas For 2025 And Beyond
I have noticed that predicting outcomes, whether in sports or the stock market, is tough—even experts often miss the mark. Analysts regularly overestimate market performance. Despite the challenges, I care more about understanding the data and reasoning behind analysts' predictions. I'm particularly interested in market broadening and sectors expected to outperform. For investment opportunities, I'm focused on companies with strong fundamentals and long-term potential.
Neutral
Business Wire
3 weeks ago
The New York Stock Exchange Will Close Markets on January 9 to Honor the Passing of Former President Jimmy Carter on National Day of Mourning
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, announced today that it will close all NYSE Group equity and options markets on Thursday, January 9, 2025, in observance of the National Day of Mourning in recognition of the passing of former President Jimmy Carter. President Carter, the 39th President of the United States, served from 1977 to 1981. He was also a graduate of the United S.
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