Intercontinental Exchange (ICE) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $1.90
- Estimate
- $1.84
- Surprise
- +3.5%
- Revenue (period 2026-06-30)
- $3.61B
- Score at report (before → after)
- 6.7 → 6.8/10
Revenue source: xbrl.
How the report landed
Intercontinental Exchange (ICE) beat the $1.84 estimate with diluted EPS of $1.90 — a clear 3.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.7/10) to Hold at 6.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates ICE Hold at 5.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +3.5% surprise compares with a +4.0% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (4/4)
What argues against it
- Concentration risk — Product: Exchanges segment (55.0%)
- Analyst target reached - limited upside remaining
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $161.75
- Price target
- $162.38
- Stop
- $154.62
- Upside to target
- +0.4%
- Reward-to-risk
- 0.1:1
The stock trades at 22.3× trailing but 18.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-04 — shown for context, not personalized investment advice.
ICE at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Financial Data & Stock Exchanges
- Market cap
- $92.40B
- P/E (fwd)
- 18.7
- P/E (ttm)
- 22.3
- 52-week range
- $121.79–$176.59
- Off 52-week high
- 8.4%
- RSI (14)
- 64
- Volume vs avg
- 0.53×
- Score today
- 5.3/10