NYSEFinancialsFinancial Data & Stock ExchangesSnapshot 2026-07-07
Reading ICE? This analysis is rebuilt every market day. Get it tracked free. No credit card.
Track ICE free→ICE grows mortgage technology revenue with new AI and carbon market products. Operating expenses stay within guided $5.1 billion range. Capital spending is controlled near $765 million. Earnings beat with 20% revenue growth last quarter.
Mortgage market headwinds could slow tech revenue growth. Operating expenses might rise above guidance. Capital spending could increase, pressuring cash flow.
The price is about 0% below our $138 fair value. Analysts expect about -8% revenue growth, but we see potential for low-to-mid single-digit growth in mortgage tech revenue.
Breaks if: capital expenditures exceed $790 million in FY26
Maintain capital expenditures within the guided range for 2026.
Newly stated in 2025-Q4. Capital expenditures are expected to be between $740 million and $790 million for 2026. The company has set this range as a target, but there is limited progress data available to assess delivery.
Breaks if: growth falls below 3% YoY in FY26
Focus on achieving low-to-mid single-digit growth in mortgage technology revenue for 2026.
Breaks if: expenses exceed $5.145 billion in FY26
Continue to manage operating expenses within the guided range for 2026.
Stated in 2 of last 2 quarters. Operating expenses are expected to be between $5.095 billion and $5.145 billion for 2026. The trajectory shows mixed progress, as the company has maintained this guidance range without significant deviation.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“2026 Capital Expenditures $740 - $790 million.”
“ICE's full year 2026 GAAP operating expenses are expected to be in a range of $5.095 billion to $5.145 billion.”
“2026 Capital Expenditures $740 - $790 million.”
