BofA raises target to USD 243 for Intercontinental Exchange stock

Published on 10/19/2026 at 09:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 2.67 billion, up 4.80 percent year over year. Intercontinental Exchange stock costs EUR 143.73 on October 19, 2026.

Analyst action and operating context

BofA lifted its Intercontinental Exchange target from USD 236.00 to USD 243.00 on October 15, 2026.
Second-quarter revenue rose 4.80 percent year over year to USD 2.67 billion.
Intercontinental Exchange stock trades at EUR 143.73 at 9:30 a.m. CEST at Lang & Schwarz on October 19, 2026.

Intercontinental Exchange, US45866F1049, Illustration mit AI erstellt.

Intercontinental Exchange (ISIN US45866F1049) was trading at EUR 143.73 at Lang & Schwarz on October 19, 2026, at 9:30 a.m. CEST. BofA raised its price target from USD 236.00 to USD 243.00 on October 15, 2026, according to Markets Insider.

Why BofA raised its target

The target increase came as BofA updated its earnings assumptions ahead of the next U.S. exchange reporting cycle. The firm kept a Buy rating and cited recent volume and fee-rate disclosures in its modeling, giving the October 15, 2026 note a direct link to the upcoming results discussion.

The new USD 243.00 target is USD 7.00 above the previous USD 236.00 target. That adjustment matters because ICE stock had closed at USD 161.56 on October 16, 2026, while the 52-week range extended from USD 121.79 to USD 176.05.

What did the latest quarter show?

Intercontinental Exchange reported second-quarter 2026 revenue of USD 2.67 billion, an increase of 4.80 percent from USD 2.55 billion a year earlier. Net income reached USD 958.0 million, up 13.00 percent from USD 848.0 million, while diluted earnings per share rose to USD 1.70 from USD 1.49. These figures and a 36.00 percent profit margin were reported by Simply Wall St.

Three events shaped the stock

On October 1, 2026, ICE announced a quarterly dividend of USD 0.52 per share, with an ex-dividend date of December 16, 2026. On October 5, 2026, it launched tanker and container freight contracts as freight average daily volume was up 33.00 percent year to date, according to Simply Wall St. The current event is BofA's October 15, 2026 target increase to USD 243.00.

Dates that matter next

Intercontinental Exchange is scheduled to report third-quarter 2026 results before the U.S. market opens on October 29, 2026, according to Yahoo Finance. The next dividend ex-date is December 16, 2026.

ICE stock keeps the focus on execution

For investors, the central question is whether exchange volumes, recurring data revenue and the planned expansion of fixed-income services can support the valuation implied by the higher target. The next earnings release will provide the next quantified test of that view.

Intercontinental Exchange was trading at EUR 143.73 at Lang & Schwarz on October 19, 2026, at 9:30 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Intercontinental Exchange stock.