Nasdaq (NASDAQ:NDAQ – Get Free Report) had its price target lifted by Keefe, Bruyette & Woods from $92.00 to $102.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price objective would indicate a potential upside of 10.12% from the stock’s previous close.
A number of other analysts also recently issued reports on NDAQ. Morgan Stanley reissued an “overweight” rating and set a $120.00 target price on shares of Nasdaq in a research report on Friday. Barclays reaffirmed an “overweight” rating and set a $111.00 price target (up from $108.00) on shares of Nasdaq in a research report on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of Nasdaq in a report on Monday. Rothschild & Co Redburn set a $110.00 price objective on Nasdaq in a research report on Thursday, June 11th. Finally, Wall Street Zen upgraded Nasdaq from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $109.33.
Read Our Latest Analysis on NDAQ
Nasdaq Trading Up 2.4%
Nasdaq (NASDAQ:NDAQ – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.09. Nasdaq had a net margin of 23.15% and a return on equity of 17.51%. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the firm posted $0.85 earnings per share. Nasdaq’s revenue was up 14.9% on a year-over-year basis. On average, research analysts anticipate that Nasdaq will post 3.93 earnings per share for the current year.
Insider Buying and Selling
In related news, insider Cohen Tal sold 15,518 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $90.75, for a total value of $1,408,258.50. Following the completion of the transaction, the insider owned 215,208 shares of the company’s stock, valued at approximately $19,530,126. This represents a 6.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Ab Investor acquired 56,782 shares of the stock in a transaction on Thursday, June 11th. The shares were acquired at an average price of $85.98 per share, with a total value of $4,882,116.36. Following the purchase, the insider owned 58,439,208 shares in the company, valued at $5,024,603,103.84. This represents a 0.10% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 0.60% of the company’s stock.
Institutional Trading of Nasdaq
Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Nasdaq by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 59,916,887 shares of the financial services provider’s stock worth $5,819,727,000 after buying an additional 268,481 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its stake in Nasdaq by 4.8% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 27,627,767 shares of the financial services provider’s stock valued at $2,683,485,000 after acquiring an additional 1,258,964 shares during the last quarter. State Street Corp grew its holdings in Nasdaq by 1.3% during the 4th quarter. State Street Corp now owns 19,878,600 shares of the financial services provider’s stock worth $1,930,808,000 after acquiring an additional 259,408 shares in the last quarter. Geode Capital Management LLC grew its holdings in Nasdaq by 3.0% during the 4th quarter. Geode Capital Management LLC now owns 12,851,894 shares of the financial services provider’s stock worth $1,243,807,000 after acquiring an additional 378,577 shares in the last quarter. Finally, Morgan Stanley lifted its position in shares of Nasdaq by 62.6% during the fourth quarter. Morgan Stanley now owns 9,266,562 shares of the financial services provider’s stock worth $900,061,000 after purchasing an additional 3,567,843 shares during the last quarter. Institutional investors and hedge funds own 72.47% of the company’s stock.
Nasdaq News Summary
Here are the key news stories impacting Nasdaq this week:
- Positive Sentiment: Nasdaq posted second-quarter 2026 earnings of $1.07 per share, beating estimates, while revenue rose 14.9% year over year to $2.53 billion and net revenue increased 15%, signaling broad-based business momentum. Article Title
- Positive Sentiment: Management said growth in index and fintech businesses helped drive the beat, with record Market Services results and improved margins reinforcing confidence in the company’s operating leverage. Article Title
- Positive Sentiment: Nasdaq declared a quarterly dividend of $0.31 per share, which may support the stock by appealing to income-focused investors and signaling financial strength. Article Title
- Positive Sentiment: The company ended the Miami case and sold its fund secondaries business, a move that could simplify operations and potentially reduce distraction from non-core assets. Article Title
- Neutral Sentiment: Investors are also reviewing the earnings call transcript and key operating metrics for signs that recent momentum can continue into the next quarter. Article Title
About Nasdaq
Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.
Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.
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