What is Zacks Research's Forecast for ICE Q3 Earnings?

Key Points

• Zacks Research has revised its Q3 2025 earnings estimate for Intercontinental Exchange to $1.62 per share, down from a previous forecast of $1.70.
• The company's Q2 2025 earnings are projected at $1.81 EPS, exceeding analyst expectations with a revenue of $3.26 billion for the quarter.
• Institutional investors hold 89.30% of Intercontinental Exchange's stock, indicating strong institutional confidence in the company.

Intercontinental Exchange Inc. (NYSE:ICE - Free Report) - Investment analysts at Zacks Research dropped their Q3 2025 earnings estimates for Intercontinental Exchange in a research note issued to investors on Friday, October 17th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $1.62 per share for the quarter, down from their prior forecast of $1.70. The consensus estimate for Intercontinental Exchange's current full-year earnings is $6.73 per share. Zacks Research also issued estimates for Intercontinental Exchange's Q4 2025 earnings at $1.66 EPS, Q3 2026 earnings at $1.77 EPS, Q2 2027 earnings at $2.03 EPS, Q3 2027 earnings at $1.82 EPS and FY2027 earnings at $7.97 EPS.

Intercontinental Exchange (NYSE:ICE - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The financial services provider reported $1.81 EPS for the quarter, topping analysts' consensus estimates of $1.77 by $0.04. Intercontinental Exchange had a net margin of 23.92% and a return on equity of 13.66%. The firm had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the previous year, the business posted $1.52 earnings per share. The company's revenue for the quarter was up 9.8% compared to the same quarter last year.

A number of other research firms also recently weighed in on ICE. JPMorgan Chase & Co. lifted their target price on Intercontinental Exchange from $195.00 to $203.00 and gave the stock an "overweight" rating in a report on Thursday, September 25th. Morgan Stanley dropped their target price on Intercontinental Exchange from $192.00 to $188.00 and set an "equal weight" rating for the company in a report on Wednesday, October 1st. Barclays reissued an "overweight" rating and set a $201.00 target price (down previously from $212.00) on shares of Intercontinental Exchange in a report on Wednesday, October 8th. Keefe, Bruyette & Woods raised Intercontinental Exchange to a "moderate buy" rating in a report on Monday, October 6th. Finally, Piper Sandler lifted their target price on Intercontinental Exchange from $180.00 to $202.00 and gave the stock an "overweight" rating in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $199.60.

Intercontinental Exchange Trading Up 0.1%

ICE stock opened at $153.52 on Monday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.01 and a quick ratio of 1.01. The company has a fifty day moving average price of $170.86 and a two-hundred day moving average price of $173.58. Intercontinental Exchange has a one year low of $142.29 and a one year high of $189.35. The stock has a market cap of $87.88 billion, a price-to-earnings ratio of 29.47, a price-to-earnings-growth ratio of 2.14 and a beta of 1.08.

Hedge Funds Weigh In On Intercontinental Exchange

A number of institutional investors and hedge funds have recently made changes to their positions in ICE. Brighton Jones LLC boosted its position in shares of Intercontinental Exchange by 51.3% during the 4th quarter. Brighton Jones LLC now owns 3,448 shares of the financial services provider's stock worth $514,000 after purchasing an additional 1,169 shares in the last quarter. GAMMA Investing LLC lifted its position in Intercontinental Exchange by 42.0% in the 1st quarter. GAMMA Investing LLC now owns 13,129 shares of the financial services provider's stock valued at $2,265,000 after acquiring an additional 3,883 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Intercontinental Exchange by 12.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 35,169 shares of the financial services provider's stock worth $6,067,000 after buying an additional 3,760 shares in the last quarter. Exchange Traded Concepts LLC lifted its position in shares of Intercontinental Exchange by 66.9% during the 1st quarter. Exchange Traded Concepts LLC now owns 584 shares of the financial services provider's stock worth $101,000 after buying an additional 234 shares in the last quarter. Finally, ORG Partners LLC lifted its position in shares of Intercontinental Exchange by 39.0% during the 1st quarter. ORG Partners LLC now owns 278 shares of the financial services provider's stock worth $48,000 after buying an additional 78 shares in the last quarter. Institutional investors own 89.30% of the company's stock.

Insider Buying and Selling

In related news, General Counsel Andrew J. Surdykowski sold 3,850 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $178.33, for a total value of $686,570.50. Following the sale, the general counsel directly owned 46,293 shares in the company, valued at $8,255,430.69. This represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Duriya M. Farooqui sold 2,036 shares of the stock in a transaction on Wednesday, August 27th. The stock was sold at an average price of $178.34, for a total transaction of $363,100.24. Following the transaction, the director directly owned 14,299 shares in the company, valued at approximately $2,550,083.66. This represents a 12.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 240,956 shares of company stock valued at $43,789,542 over the last three months. Insiders own 1.00% of the company's stock.

About Intercontinental Exchange

Intercontinental Exchange, Inc, together with its subsidiaries, engages in the provision of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities in the United States, the United Kingdom, the European Union, Singapore, India, Abu Dhabi, Israel, and Canada.

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