Nasdaq, Inc. (NASDAQ:NDAQ) Stock Has Consensus Price Target of $108.83

Shares of Nasdaq, Inc. (NASDAQ:NDAQ) have earned an average recommendation of “Moderate Buy” from the eighteen ratings firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $113.53.

Several equities analysts have recently weighed in on the company. Bank of America decreased their target price on Nasdaq from $135.00 to $132.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Rothschild & Co Redburn lowered their price target on Nasdaq from $110.00 to $107.00 and set a “buy” rating on the stock in a research note on Thursday, September 10th. Wells Fargo & Company boosted their price target on Nasdaq from $100.00 to $111.00 and gave the stock an “equal weight” rating in a research report on Friday. TD Cowen reduced their price objective on Nasdaq from $108.00 to $107.00 and set a “buy” rating for the company in a research note on Monday, October 12th. Finally, JPMorgan Chase & Co. increased their price objective on Nasdaq from $120.00 to $122.00 and gave the company an “overweight” rating in a research note on Friday.

Nasdaq News Roundup

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Q3 earnings exceeded expectations: Nasdaq reported adjusted EPS of $1.04, topping the $1.02 consensus and rising from $0.88 a year earlier. Net revenue increased 13% year over year to approximately $1.5 billion, while solutions revenue grew 17%. Nasdaq Reports Third Quarter 2026 Results
• Positive Sentiment: Recurring revenue and growth businesses remain strong: Annualized recurring revenue reached a record $3.4 billion, with index revenue up 39% and continued double-digit growth in fintech and technology. Investors are also focused on Nasdaq’s AI-related solutions, tokenization opportunities and recurring-revenue model as potential long-term growth drivers. NDAQ Q3 Deep Dive
• Positive Sentiment: Analysts raised price targets: Goldman Sachs raised its target to $120 and maintained a Buy rating; Morgan Stanley increased its target to $132 with an Overweight rating; JPMorgan lifted its target to $122 and Wells Fargo raised its target to $111. The revisions signal greater confidence in Nasdaq’s earnings and recurring-revenue outlook. Analyst Rating Updates
• Positive Sentiment: Options activity was notably bullish: Traders purchased 7,716 call options, approximately 320% above average call volume, indicating increased speculative interest following the earnings release.
• Neutral Sentiment: Dividend was maintained: Nasdaq declared a quarterly dividend of $0.31 per share, equivalent to $1.24 annually and an approximate 1.2% yield. The payment is scheduled for December 18. Nasdaq Dividend Announcement
• Negative Sentiment: Valuation and insider selling may be limiting gains: Nasdaq trades near its 52-week high at roughly 30 times earnings. EVP Jeremy Skule also sold 1,125 shares for about $107,000, a modest transaction but part of a broader pattern of insider selling that could weigh on sentiment. SEC Insider Transaction Filing

Insiders Place Their Bets

In other news, EVP Jeremy Skule sold 1,125 shares of the company’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $95.00, for a total transaction of $106,875.00. Following the completion of the sale, the executive vice president owned 96,561 shares of the company’s stock, valued at $9,173,295. This represents a 1.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nelson Griggs sold 11,010 shares of the stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $96.35, for a total transaction of $1,060,813.50. Following the completion of the sale, the insider owned 205,001 shares of the company’s stock, valued at $19,751,846.35. This trade represents a 5.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 26,520 shares of company stock valued at $2,520,957 in the last ninety days. Insiders own 0.60% of the company’s stock.

Institutional Trading of Nasdaq

Several large investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Nasdaq in the second quarter valued at $2,931,637,000. Bank of America Corp DE purchased a new position in Nasdaq in the second quarter valued at $603,631,000. The Manufacturers Life Insurance Company purchased a new position in Nasdaq in the second quarter valued at $377,818,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Nasdaq by 4.8% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,884,101 shares of the financial services provider’s stock valued at $306,145,000 after purchasing an additional 177,114 shares during the period. Finally, Amundi grew its stake in Nasdaq by 19.6% during the 1st quarter. Amundi now owns 2,910,390 shares of the financial services provider’s stock worth $247,063,000 after purchasing an additional 476,913 shares in the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

Nasdaq Stock Performance

NASDAQ:NDAQ opened at $102.56 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.01 and a current ratio of 1.00. The company has a fifty day moving average of $94.86 and a two-hundred day moving average of $91.05. The stock has a market capitalization of $57.33 billion, a PE ratio of 28.02, a P/E/G ratio of 1.86 and a beta of 0.99. Nasdaq has a fifty-two week low of $76.55 and a fifty-two week high of $104.21.

Nasdaq (NASDAQ:NDAQ) last announced its earnings results on Thursday, October 22nd. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.02. The business had revenue of $2.39 billion for the quarter, compared to analyst estimates of $1.47 billion. Nasdaq had a net margin of 22.81% and a return on equity of 19.03%. The company’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.88 earnings per share. As a group, research analysts forecast that Nasdaq will post 4.13 earnings per share for the current fiscal year.

Nasdaq Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, December 4th. Nasdaq’s payout ratio is 36.15%.

About Nasdaq

Nasdaq, Inc is a global financial technology and market infrastructure company best known for operating the Nasdaq Stock Market, one of the world’s largest electronic stock exchanges. The company provides listing services for public companies and operates trading venues for equities, options and other financial products. Its exchange business serves companies, investors and market participants in the United States, as well as through Nasdaq’s Nordic and Baltic market operations.

Beyond its exchange activities, Nasdaq provides market data, analytics, indexes and technology used by exchanges, brokers, banks, asset managers and other financial institutions.