Why is ICE up?
Up 14% from Oct 27 to Nov 10.
- Intercontinental Exchange rose 14% from Oct 27 to Nov 10 while exchanges & trading stocks rose a median 3%:
ICE's Quality Score rose 1 point on Tue, Nov 10, to 17. Buying reached its highest in 20 days (2 chart checks started).
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Up 14% from Oct 27 to Nov 10.
| Profit margin | 26%, up from 15% in 3 years |
| Latest filing | 8-K, Oct 29 |
Intercontinental Exchange and Trade[XYZ] to Bring Hyperliquid-Based Perpetual Markets Onshore
ICE closed +4.5% that day on 1.9x normal volume.
After its last 4 reports it closed +2.3% on average, higher 4 of 4 times.
Excellentfor quality, not price, 7 of 14 chart checks firingWhat the Quality Score means
Well above its recent run. ICE scores 17 today, against a median of 12 over its last 20 recorded sessions.
ICE is #4 of 9 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| Open for its score | ||
| Open for its score | ||
| 4 |
Net income over four quarters: ICE $4.16B, CME $4.42B, NDAQ $2.08B, CBOE $1.48B.
Expected to report Thu Feb 4, before the open (in 86 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Oct 29, 2026 | +3.1% | +4.5% | +12.2% |
| Jul 30, 2026 | +0.5% | +1.3% | -2.9% |
| Apr 30, 2026 | -0.7% | +1.2% | -1.8% |
Sales grew every year from 2018 to 2025, to $13B. It made a profit in each of the eight years.
RSI 68.7, MACD above signal, above both averages. Not scored.
Its dividends come to 22% of its free cash flow.
| Dividend | $2.08 a share a year |
| Paid out | About $1.2B a year |
| Free cash flow | $5.3B |
| Record | Raised every year since 2014 |
One insider sold $1.1M across 1 filing in the last 6 months. No open-market buys on record. The newest:
23 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: ICE is 0.4% of JEPI, 0.4% of VIG, and 0.3% of DGRO, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Jul 31, 2026.
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data-services segment (24% of net revenue).
“The markets in which we operate are highly competitive.”
ICE scores 17 today, which Breakaway calls Excellent. It is #4 of 9 in Security & Commodity Brokers, Dealers, Exchanges & Services by Quality Score, with 7 of 14 chart checks firing. Up 14% from Oct 27 to Nov 10. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
ICE scores 17 today, which Breakaway calls Excellent (15 to 19). That is #4 of 9 in Security & Commodity Brokers, Dealers, Exchanges & Services by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind ICE's 17.
One insider sold $1.1M across 1 filing in the last 6 months. No open-market buys on record. The newest is Douglas Foley, SVP, HR & Administration, who sold $1.1M on Aug 5.
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Insider and Congress trades, the chart, and the financials, in one score.
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