Nasdaq (NASDAQ:NDAQ) Price Target Raised to $132.00

Nasdaq (NASDAQ:NDAQ) had its target price increased by Morgan Stanley from $118.00 to $132.00 in a research note issued to investors on Friday,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

Several other brokerages also recently issued reports on NDAQ. The Goldman Sachs Group upped their price objective on shares of Nasdaq from $108.00 to $109.00 and gave the company a “buy” rating in a research note on Friday, October 2nd. Rothschild & Co Redburn decreased their target price on shares of Nasdaq from $110.00 to $107.00 and set a “buy” rating on the stock in a research report on Thursday, September 10th. Barclays set a $121.00 target price on shares of Nasdaq and gave the stock an “overweight” rating in a research note on Friday. Piper Sandler reiterated an “overweight” rating and issued a $108.00 price target (up from $104.00) on shares of Nasdaq in a report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $118.00 price target on shares of Nasdaq in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $113.53.

Nasdaq Price Performance

NASDAQ:NDAQ opened at $102.56 on Friday. The firm has a market cap of $56.92 billion, a price-to-earnings ratio of 28.02, a price-to-earnings-growth ratio of 1.84 and a beta of 0.99. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.71. The company’s 50-day moving average is $94.86 and its two-hundred day moving average is $91.08. Nasdaq has a 12-month low of $76.55 and a 12-month high of $104.21.

Nasdaq (NASDAQ:NDAQ) last released its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.02. The company had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $1.47 billion. Nasdaq had a net margin of 22.81% and a return on equity of 19.03%. The firm’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same period last year, the company earned $0.88 EPS. Research analysts expect that Nasdaq will post 4.13 EPS for the current year.

Nasdaq Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 18th. Shareholders of record on Friday, December 4th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Friday, December 4th. Nasdaq’s dividend payout ratio (DPR) is presently 33.88%.

Insider Activity

In other Nasdaq news, insider Nelson Griggs sold 11,010 shares of Nasdaq stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $96.35, for a total value of $1,060,813.50. Following the completion of the sale, the insider owned 205,001 shares in the company, valued at $19,751,846.35. The trade was a 5.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Jeremy Skule sold 1,125 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $95.00, for a total transaction of $106,875.00. Following the transaction, the executive vice president directly owned 96,561 shares of the company’s stock, valued at approximately $9,173,295. This represents a 1.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 15,510 shares of company stock valued at $1,486,457 in the last 90 days. 0.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Nasdaq

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. acquired a new position in Nasdaq during the second quarter worth approximately $2,931,637,000. Bank of America Corp DE purchased a new position in Nasdaq during the second quarter worth approximately $603,631,000. The Manufacturers Life Insurance Company purchased a new position in Nasdaq during the second quarter worth approximately $377,818,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Nasdaq by 4.8% in the 2nd 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 last quarter. Finally, Amundi boosted its holdings in shares of Nasdaq by 19.6% in the 1st quarter. Amundi now owns 2,910,390 shares of the financial services provider’s stock valued at $247,063,000 after purchasing an additional 476,913 shares during the last quarter. 72.47% of the stock is currently owned by hedge funds and other institutional investors.

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

Nasdaq Company Profile

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.