Key Highlights

● ICE shares ended 9 October 2026 at $156.03.

● Market data consensus target is $187.88, implying about 20.4% upside.

● Targets range from $159.00 to $236.00.

● Morgan Stanley raised its target from $163 to $173 on 9 October.

Shares of Intercontinental Exchange (NYSE:ICE), a member of the S&P 500, closed at $156.03 on Friday 9 October 2026. Analyst targets sit well above that level, with the consensus implying upside of about 20.4%, and ratings lean positive.

What Is the Latest Analyst Price Target?

Market data reports a consensus price target of $187.88 from 17 analysts over the past 12 months, with a high of $236.00 (Bank of America) and a low of $159.00 (Wells Fargo). Against the $156.03 close, the consensus target suggests upside of about 20.4%. The second data set, which cites 16 analysts through third-party data, shows a slightly lower mean of $186, a median of $183, a high of $236 and a low of $159, with a $156.19 price.

Recent named broker targets from July to October range from $159 to $236 and average roughly $188, in line with both means.

What Are Wall Street Analysts Saying?

Market data lists one Strong Buy, 11 Buy, four Hold and one Sell rating, a consensus of Moderate Buy. The second data set shows eight Strong Buy, five Buy, two Hold and one Strong Sell, which it summarises as Buy.

Morgan Stanley raised its target from $163 to $173 with an Equal Weight rating on 9 October. On 7 October, Barclays raised its target from $182 to $189 with an Overweight rating, Jefferies cut from $189 to $185, and KBW reiterated Outperform. TD Cowen downgraded the stock from Buy to Hold on 5 October, cutting its target from $177 to $166, while Raymond James lowered its target from $218 to $211. On 2 October, Bank of America raised its target from $232 to $236, Goldman Sachs from $192 to $195 and Piper Sandler from $190 to $195, while Wells Fargo initiated coverage with an Underweight rating and a $159 target.

What Could Help the Stock Reach the Price Target?

Market data says the company raised its full-year recurring revenue growth guidance for fixed income and data services to 7% to 8%, linked to a planned acquisition of MarketAxess (NASDAQ:MKTX), according to headlines, and that September average daily trading volume rose 51%. Higher trading volumes and recurring data revenue growth are typically cited as supportive for exchange operators.

What Could Prevent the Stock Reaching the Target?

Opinions are divided, with a recent downgrade from TD Cowen, an Underweight initiation from Wells Fargo and a Sell rating on market data. Exchange operators can be affected by lower trading activity, regulatory change, competition and the risks of integrating a large acquisition, any of which could weigh on earnings and sentiment. The $236 and $211 targets sit well above the others and lift the average.

Intercontinental Exchange and the Gap to Analyst Targets

Intercontinental Exchange closed at $156.03 on 9 October 2026, against a market data consensus target of $187.88. Morgan Stanley raised its target from $163 to $173 with an Equal Weight rating on 9 October.