The Nasdaq Inc (NDAQ) share price is expected to increase by 6.86% over the next year. This is based on calculating the average 12-month share price estimate provided by 13 stock analysts who have covered NDAQ. Price targets range from $55 at the low end to $90 at the high end. The current analyst consensus for NDAQ is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 13 Wall Street analysts have assigned NDAQ 6 buy ratings, 6 hold ratings, and 1 sell ratings. This means that analysts expect Nasdaq Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on NDAQ. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of NDAQ.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Craig Siegenthaler B of A Securities | Buy | $88 | Maintains | Oct 3, 2024 |
Alexander Blostein Goldman Sachs | Buy | $83 | Maintains | Oct 3, 2024 |
Ashish Sabadra RBC Capital | Outperform | $88 | Initiates | Sep 27, 2024 |
Bill Katz TD Cowen | Hold | $83 | Initiates | Sep 26, 2024 |
Owen Lau Oppenheimer | Outperform | $80 | Maintains | Sep 9, 2024 |
Craig Siegenthaler B of A Securities | Buy | $90 | Upgrade | Sep 4, 2024 |
Brian Bedell Deutsche Bank | Hold | $72 | Maintains | Aug 15, 2024 |
Owen Lau Oppenheimer | Outperform | $78 | Maintains | Jul 30, 2024 |
Benjamin Budish Barclays | Overweight | $77 | Maintains | Jul 26, 2024 |
Kyle Voigt Keefe, Bruyette & Woods | Outperform | $78 | Maintains | Jul 26, 2024 |
Owen Lau Oppenheimer | Outperform | $75 | Maintains | Jul 26, 2024 |
Benjamin Budish Barclays | Overweight | $74 | Maintains | Jul 10, 2024 |
Kevin Heal Argus Research | Buy | $66 | Maintains | May 14, 2024 |
Andrew Bond Rosenblatt | Neutral | $64 | Downgrade | May 8, 2024 |
Andrew Bond Rosenblatt | Buy | $76 | Maintains | Apr 26, 2024 |
Kyle Voigt Keefe, Bruyette & Woods | Outperform | $74 | Maintains | Apr 26, 2024 |
Benjamin Budish Barclays | Overweight | $73 | Maintains | Apr 26, 2024 |
Benjamin Budish Barclays | Overweight | $76 | Initiates | Apr 11, 2024 |
Michael Cyprys Morgan Stanley | Overweight | $80 | Upgrade | Apr 9, 2024 |
Alexander Blostein Goldman Sachs | Buy | $73 | Upgrade | Mar 26, 2024 |
When did it IPO
2002
Staff Count
8,658
Country
United States
Sector/Industry
Financial Services/Financial Data & Stock Exchanges
CEO
Ms. Adena T. Friedman
Market Cap
$41.78B
In 2023, NDAQ generated $6.06B in revenue, which was a decrease of -2.60% from the previous year. This can be seen as a signal that NDAQ's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Nasdaq has extended its agreement with Nubank to offer AxiomSL regulatory reporting solutions, enhancing its presence in the Latin American market.
Why It Matters - The Nasdaq-Nubank partnership enhances regulatory reporting capabilities, signaling growth potential in Latin America, which may attract investor interest and boost stock performance.
Summary - Nasdaq's Solutions business shows double-digit growth, bolstered by strong ARR and SaaS revenue. A fair value of $95 per share supports a 'Strong Buy' rating, with potential growth from the Adenza acquisition.
Why It Matters - Nasdaq's strong growth in its Solutions business and favorable market conditions suggest robust future earnings potential, reinforcing a positive outlook and fair valuation for investors.
Summary - Nasdaq (NDAQ) will announce its third quarter 2024 financial results on September 23, 2024.
Why It Matters - Nasdaq's Q3 2024 financial results will provide insights into market performance, revenue trends, and operational health, influencing investor sentiment and stock valuation.
Summary - Nasdaq has expanded its partnership with Nubank to provide regulatory reporting solutions, reflecting growth in Latin America's banking sector. Over half of Nasdaq's regional clients have increased tech partnerships.
Why It Matters - The expansion with Nubank highlights Nasdaq's growing influence in Latin America's banking sector, indicating strong demand for fintech solutions and potential revenue growth from increased client partnerships.
Summary - As of September 13, 2024, short interest in Nasdaq Global Market securities totaled 12.24 billion shares, down from 12.30 billion, indicating a decrease in short selling activity.
Why It Matters - A decline in short interest signals reduced bearish sentiment among investors, potentially indicating a positive outlook for Nasdaq securities. Short interest days also suggest changing market dynamics.
Summary - Nasdaq Verafin has introduced AI-based detection capabilities for anti-money laundering and counter-terrorism financing, targeting drug trafficking and related activities.
Why It Matters - Nasdaq Verafin's AI-based AML/CFT capabilities enhance compliance measures, reducing risks for financial institutions, potentially improving stock performance and investor confidence in related sectors.