Intercontinental Exchange, Inc. (ICE) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 36 analysts44.9% Below Target
ICE trades 44.9% below Wall Street's consensus target of $194.00.
Current Price$133.88
Average Target$194.00
Target
Current
Low$177.00
Median$190.50
High$211.00
Analyst Target Range
Forward P/E16.5x
(Fair)
PEG Ratio1.86
(Fair)
Implied Growth+40.1%
(High Growth)
Analyst Spread17.5%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes ICE achieves its forward estimates and maintains a stable P/E multiple of 16.5x. This scenario reflects the blended consensus of 36 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
ICE Price Target Analysis
Updated June 21, 2026As of June 21, 2026, Intercontinental Exchange, Inc. (ICE) has a Wall Street consensus price target of $194.00, based on estimates from 36 covering analysts. With the stock currently trading at $133.88, this represents a potential upside of +44.9%. The company has a market capitalization of $75.83B.
Analyst price targets range from a low of $177.00 to a high of $211.00, representing a 18% spread in expectations. The median target of $190.50 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 32 analysts rating the stock as a Buy or Strong Buy,4 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, ICE trades at a trailing P/E of 23.2x and forward P/E of 16.5x. The forward PEG ratio of 1.86 indicates reasonable valuation for growth. Analysts expect EPS to grow +40.1% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $198.48, with bear and bull scenarios of $125.04 and $261.51 respectively. Model confidence stands at 50/100, reflecting moderate uncertainty in projections.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+28.5%
Industry Consensus
Avg Forward P/E
20.9x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 CMECME Group Inc. | $89.4B | $246.38 | $320.67 | +30.2% | Hold | 20.1x | 36 |
 CBOECboe Global Markets, Inc. | $26.1B | $249.10 | $314.67 | +26.3% | Hold | 18.5x | 31 |
 NDAQNasdaq, Inc. | $46.7B | $82.24 | $113.83 | +38.4% | Buy | 20.8x | 36 |
 MKTXMarketAxess Holdings Inc. | $4.3B | $120.33 | $177.80 | +47.8% | Hold | 15.0x | 24 |
 TWTradeweb Markets Inc. | $21.2B | $99.49 | $127.67 | +28.3% | Buy | 24.6x | 28 |
 MSCIMSCI Inc. | $42.3B | $581.19 | $688.29 | +18.4% | Buy | 29.6x | 27 |
 SPGIS&P Global Inc. | $121.6B | $410.92 | $548.11 | +33.4% | Buy | 20.9x | 28 |
 MCOMoody's Corporation | $79.9B | $450.67 | $541.31 | +20.1% | Buy | 27.0x | 32 |
 FDSFactSet Research Systems Inc. | $8.2B | $221.29 | $262.11 | +18.4% | Hold | 12.5x | 28 |
 BLKBlackRock, Inc. | $173.7B | $1050.09 | $1301.63 | +24.0% | Buy | 19.7x | 33 |
ICE — Frequently Asked Questions
Quick answers to the most common questions about buying ICE stock.
What is the ICE stock price target for 2026?
The consensus Wall Street price target for ICE is $194, representing 44.9% upside from the current price of $133.88. With 36 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is ICE a buy, sell, or hold?
ICE has a consensus rating of "Buy" based on 36 Wall Street analysts. The rating breakdown is predominantly bullish, with 32 Buy/Strong Buy ratings. The consensus 12-month price target of $194 implies 44.9% upside from current levels.
Is ICE stock overvalued or undervalued?
With a forward P/E of 16.5239x, ICE trades at a relatively low valuation. The consensus target of $194 implies 44.9% appreciation, suggesting meaningful undervaluation.
How high can ICE stock go?
The most bullish Wall Street analyst has a price target of $211 for ICE, while the most conservative target is $177. The consensus of $194 represents the median expectation. Our quantitative valuation model projects a bull case target of $262 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover ICE stock?
ICE is heavily covered by Wall Street, with 36 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 31 have Buy ratings, 4 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ICE stock forecast?
The 12-month ICE stock forecast based on 36 Wall Street analysts shows a consensus price target of $194, with estimates ranging from $177 (bear case) to $211 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $198, with bear/bull scenarios of $125/$262.
What is ICE's fair value based on fundamentals?
Our quantitative valuation model calculates ICE's fair value at $198 (base case), with a bear case of $125 and bull case of $262. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 50/100.
What is ICE's forward P/E ratio?
ICE trades at a forward P/E ratio of 16.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 23.2x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy ICE stock?
Wall Street analysts are very optimistic on ICE, with a "Buy" consensus rating and $194 price target (44.9% upside). 32 of 36 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ICE price targets vary so much?
ICE analyst price targets range from $177 to $211, a 18% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $194 consensus represents the middle ground. Our model's $125-$262 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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