The Intercontinental Exchange (ICE) is an American Fortune 500 company formed in 2000 that operates global exchanges, clearing houses and provides mortgage technology, data and listing services. The company owns exchanges for financial and commodity markets, and operates regulated exchanges and marketplaces.
| Revenue (TTM) | $10.91B |
| Gross Profit (TTM) | $10.91B |
| EBITDA | $7.00B |
| Operating Margin | 52.80% |
| Return on Equity | 14.40% |
| Return on Assets | 2.28% |
| Revenue/Share (TTM) | $19.30 |
| Book Value | $53.58 |
| Price-to-Book | 3.27 |
| Price-to-Sales (TTM) | 8.91 |
| EV/Revenue | 8.45 |
| EV/EBITDA | 15.06 |
| Quarterly Earnings Growth (YoY) | 17.60% |
| Quarterly Revenue Growth (YoY) | 14.70% |
| Shares Outstanding | $558.86M |
| Float | $554.95M |
| % Insiders | 0.82% |
| % Institutions | 97.20% |
Volatility is currently expanding
Cboe and Citadel Securities filed a lawsuit hours after regulators greenlighted stock perpetual futures for U.S. exchanges, putting billions in potential trading volume in legal limbo and raising questions about whether Hyperliquid's offshore advantage just got bigger.
We seek to purchase our target companies at share prices that incorporate a margin of safety. We estimate that the companies in PSH's investment portfolio will have average annual EPS growth of about 20% over the next three to five years. Our companies also have higher profit margins, better returns on capital, more favorable competitive positioning, and, in our view, more capable management teams than the average company in the S&P 500.
The Commodity Futures Trading Commission (CFTC), which regulates futures markets in the U.S., has recently approved stock perpetual futures. This means that contracts based on individual stocks can now begin trading for the first time on CFTC-registered exchanges.
Intercontinental Exchange plans to create a new derivatives exchange using Hyperliquid's infrastructure. Hyperliquid could gain a lot of new activity that generates fee revenue as a result.
A regulatory delay could slash Hyperliquid's value by nearly half, but the window for CFTC approval is narrowing fast and two forces are already pulling the token in opposite directions.
Whale sell-offs, a regulatory question mark hanging over the ICE partnership, and hundreds of millions in leveraged longs clustered just below the current price have put HYPE in a precarious spot.
Does IntercontinentalExchange (ICE) have what it takes to be a top stock pick for momentum investors? Let's find out.
Third-quarter net revenues reached $2.8 billion, rising 15% year over year. Adjusted earnings per share grew 18% year over year to $2.02.
ICE's plan to bring Hyperliquid contracts to U.S. traders sent HYPE soaring, but whale selloffs and a pending regulatory hurdle now stand between the token and a milestone that would rewrite its market cap record.
Intercontinental Exchange NYSE: ICE reported third-quarter 2026 adjusted earnings per share of $2.02, up 18% from a year earlier, as revenue growth across its exchanges, fixed-income data businesses and mortgage technology operations helped produce what management called the company's best third quarter on record.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on ICE and any ticker you trade — then tracks every position and per-strategy win rate.
