WallStSmart
ICE

Intercontinental Exchange Inc

NYSE: ICE · FINANCIAL SERVICES · FINANCIAL DATA & STOCK EXCHANGES

$158.09
+1.22% today

Updated 2026-04-29

Market cap
$89.75B
P/E ratio
27.46
P/S ratio
9.04x
EPS (TTM)
$5.77
Dividend yield
1.22%
52W range
$142 – $188
Volume
3.3M

Intercontinental Exchange Inc (ICE) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$158.09
Consensus
$196.44
+24.26%
2030 Target
$293.36
+85.57%
DCF
9 analysts:
4 Buy1 Hold0 Sell

Management guidance

No specific CEO revenue guidance found in provided materials. Latest analyst consensus projects FY2026 revenue of $10.78B (8.53% growth) and FY2027 revenue of $11.38B (5.55% growth). Management has not publicly issued forward guidance beyond consensus estimates.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$488.94
$13.4B Rev × 20x P/S
Base case (2030)
$293.36
$13.4B Rev × 12x P/S
Bear case (2030)
$195.58
$13.4B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$9.9B$11.8B$12.6B$10.8B$11.4B$12.0B$12.7B$13.4B
Revenue growth18.8%7.5%8.5%5.5%5.5%5.6%5.6%
EPS$5.63$6.07$6.95$7.71$8.61$9.50$10.45$11.48
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$228.17$244.47$260.77$277.07$293.36

Catalysts & risks

Growth catalysts
+ Polymarket investment ($1.64B total stake) driving digital asset/crypto trading revenue streams
+ NYSE tokenized securities platform partnership with Securitize targeting $300T real-world asset tokenization market
+ Mortgage servicing AI voice/chat agents (ICE Experience 2026) expanding mortgage data segment
+ Private credit intelligence launch with Apollo as anchor partner tapping growing private markets data demand
+ Extended trading hours and blockchain settlement initiatives positioning for 24/7 market access
Key risks
- Regulatory uncertainty around crypto/tokenization platforms could impact Polymarket returns and digital asset revenue
- Slowing consensus growth rate (5.55% in 2027 vs 8.53% in 2026) suggests market maturing beyond historical 8.9% 5Y CAGR
- High valuation (27.4x P/E, 9.06x EV/Sales) leaves limited margin for near-term disappointment
- Mortgage servicing segment exposed to interest rate and refinancing cycle headwinds
- Competition from CME, Nasdaq, and emerging fintech platforms in data and exchange services

Methodology

Intercontinental Exchange Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 9 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.