Intercontinental Exchange (NYSE:ICE) Stock Price Target Cut by Jefferies Financial Group

Posted by Brenda Bartman on Oct 10th, 2026

Intercontinental Exchange (NYSE:ICE – Get Free Report) had its price target lowered by stock analysts at Jefferies Financial Group from $189.00 to $185.00 in a note issued to investors on Wednesday. Jefferies Financial Group’s price objective would indicate a potential upside of 18.57% from the company’s current price.

A number of other research firms also recently weighed in on ICE. Piper Sandler reaffirmed an “overweight” rating and set a $195.00 price target (up from $190.00) on shares of Intercontinental Exchange in a research note on Friday, October 2nd. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Intercontinental Exchange in a report on Wednesday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $178.00 target price (up from $169.00) on shares of Intercontinental Exchange in a research report on Friday, July 31st. Raymond James Financial reiterated a “strong-buy” rating and issued a $218.00 target price (up from $208.00) on shares of Intercontinental Exchange in a report on Tuesday, September 1st. Finally, TD Cowen downgraded Intercontinental Exchange from a “buy” rating to a “hold” rating and lowered their price target for the company from $177.00 to $166.00 in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Intercontinental Exchange presently has a consensus rating of “Moderate Buy” and a consensus target price of $187.88.

Get Our Latest Research Report on Intercontinental Exchange

Intercontinental Exchange Trading Up 0.4%

Shares of NYSE ICE traded up $0.68 on Wednesday, reaching $156.03. 2,615,690 shares of the company traded hands, compared to its average volume of 2,576,241. The stock has a market capitalization of $87.59 billion, a PE ratio of 22.04, a P/E/G ratio of 1.48 and a beta of 0.94. Intercontinental Exchange has a fifty-two week low of $121.79 and a fifty-two week high of $176.05. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.63. The company has a 50 day moving average of $155.74 and a 200 day moving average of $150.80.

Intercontinental Exchange (NYSE:ICE – Get Free Report) last released its earnings results on Thursday, July 30th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.84 by $0.06. Intercontinental Exchange had a net margin of 30.08% and a return on equity of 14.95%. The business had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the company earned $1.81 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. On average, equities research analysts forecast that Intercontinental Exchange will post 8.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Christopher Edmonds sold 5,000 shares of Intercontinental Exchange stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $160.59, for a total transaction of $802,950.00. Following the transaction, the insider owned 14,367 shares in the company, valued at approximately $2,307,196.53. The trade was a 25.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Benjamin Jackson sold 12,862 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $160.09, for a total transaction of $2,059,077.58. Following the sale, the president directly owned 164,264 shares of the company’s stock, valued at approximately $26,297,023.76. This trade represents a 7.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 41,179 shares of company stock worth $6,473,715. 0.84% of the stock is owned by company insiders.

Hedge Funds Weigh In On Intercontinental Exchange

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. J. Stern & Co. LLP grew its position in Intercontinental Exchange by 17,398.1% in the fourth quarter. J. Stern & Co. LLP now owns 54,107,273 shares of the financial services provider’s stock valued at $8,763,214,000 after acquiring an additional 53,798,055 shares in the last quarter. BlackRock Inc. acquired a new position in shares of Intercontinental Exchange during the second quarter worth $6,245,085,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Intercontinental Exchange in the second quarter valued at $714,869,000. Flossbach Von Storch SE purchased a new position in shares of Intercontinental Exchange in the second quarter valued at $649,900,000. Finally, Bank of America Corp DE acquired a new stake in Intercontinental Exchange during the 2nd quarter valued at $521,557,000. Hedge funds and other institutional investors own 89.30% of the company’s stock.

Key Intercontinental Exchange News

Here are the key news stories impacting Intercontinental Exchange this week:

Positive Sentiment: ICE’s solid results and robust trading activity are reinforcing confidence in its earnings outlook and diversified exchange, data and clearing businesses. Solid Results and Robust Trading Activity Strengthen Intercontinental Exchange
Positive Sentiment: Morgan Stanley raised its ICE price target from $163 to $173 while maintaining an “equal weight” rating, signaling improved valuation potential despite a neutral overall stance.
Positive Sentiment: ICE is seeking SEC approval for round-the-clock tokenized stock trading. Approval could create a new growth avenue by extending market access and trading hours, although the proposal remains subject to regulatory review. ICE Seeks SEC Approval for 24/7 Tokenized Stock Trading
Positive Sentiment: Blockchain network SEI’s integration with ICE ETF Hub could broaden the platform’s digital-asset and ETF infrastructure capabilities. SEI Integrates with ICE ETF Hub
Neutral Sentiment: Jefferies lowered its price target from $189 to $185 but still sees substantial upside from current levels, making the revision a modestly cautious signal rather than a bearish call.
Neutral Sentiment: Analyst coverage describes ICE as potentially near fair value following its tokenized-trading filing, suggesting that much of the opportunity may already be reflected in the valuation. ICE Stock May Be Near Fair Value on Tokenized Trading Filing
Neutral Sentiment: Reports on prediction-market ETFs and Nasdaq’s performance provide industry context but do not represent direct changes to ICE’s operations or guidance.

About Intercontinental Exchange

(Get Free Report)

Intercontinental Exchange, Inc (NYSE:ICE) operates global exchanges, clearinghouses, data services and technology platforms. The company provides marketplaces and infrastructure that support the trading, clearing and management of risk across financial and commodity markets.

Its businesses include the New York Stock Exchange, ICE Futures exchanges and ICE Clear clearinghouses. ICE offers trading and clearing services for equities, equity options, interest rates, currencies, energy, agricultural commodities, metals and other contracts.