ICE stock icon

Intercontinental Exchange
ICE

$137.84
0.53%
 

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 56% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (15% of net revenue) and fixed-income and data services segment (29% of net revenue).

Employees: 13,226

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 19 analysts
0
News positive %
of 9 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

28% more call options, than puts

Call options by funds: $343M | Put options by funds: $269M

5% more capital invested

Capital invested by funds: $65.8B [Q4 2023] → $69.4B (+$3.6B) [Q1 2024]

8% more first-time investments, than exits

New positions opened: 131 | Existing positions closed: 121

5% more repeat investments, than reductions

Existing positions increased: 546 | Existing positions reduced: 519

1% more funds holding

Funds holding: 1,392 [Q4 2023] → 1,402 (+10) [Q1 2024]

1.05% less ownership

Funds ownership: 89.36% [Q4 2023] → 88.31% (-1.05%) [Q1 2024]

14% less funds holding in top 10

Funds holding in top 10: 49 [Q4 2023] → 42 (-7) [Q1 2024]

Research analyst outlook

19 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$139
1%
upside
Avg. target
$153
11%
upside
High target
$164
19%
upside

19 analyst ratings

17 positive
89%
neutral
11%
negative
0%
Argus Research
Kevin Heal
11%upside
$153
Buy
Reiterated
21 May 2024
JP Morgan
Ken Worthington
10%upside
$151
Overweight
Maintained
3 May 2024
Barclays
Benjamin Budish
9%upside
$150
Overweight
Maintained
3 May 2024
Rosenblatt
Andrew Bond
19%upside
$164
Buy
Maintained
3 May 2024
Keefe, Bruyette & Woods
Kyle Voigt
12%upside
$155
Outperform
Maintained
3 May 2024

Financial journalist opinion

Based on 9 articles about ICE published over the past 30 days