Nasdaq (NASDAQ:NDAQ) Price Target Raised to $111.00

Nasdaq (NASDAQ:NDAQ) had its price objective hoisted by Wells Fargo & Company from $100.00 to $111.00 in a report released on Friday morning,Benzinga reports. The firm currently has an equal weight rating on the financial services provider’s stock.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. raised their target price on shares of Nasdaq from $114.00 to $120.00 and gave the company an “overweight” rating in a research note on Thursday, October 8th. Piper Sandler reaffirmed an “overweight” rating and set a $108.00 price target (up from $104.00) on shares of Nasdaq in a research report on Friday, October 2nd. Keefe, Bruyette & Woods upped their price target on shares of Nasdaq from $92.00 to $102.00 and gave the stock a “market perform” rating in a research report on Friday, July 24th. Bank of America lowered their price target on Nasdaq from $135.00 to $132.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Nasdaq in a research report on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $113.53.

Nasdaq Price Performance

Shares of Nasdaq stock opened at $102.56 on Friday. Nasdaq has a twelve month low of $76.55 and a twelve month high of $104.21. The stock has a market capitalization of $56.92 billion, a P/E ratio of 28.02, a PEG 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 business’s fifty day moving average price is $94.86 and its 200 day moving average price is $91.08.

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

Nasdaq Dividend Announcement

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

Insider Activity at Nasdaq

In other news, EVP Jeremy Skule sold 1,125 shares of the business’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 transaction, the executive vice president directly owned 96,561 shares of the company’s stock, valued at approximately $9,173,295. The trade was a 1.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nelson Griggs sold 11,010 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $96.35, for a total transaction of $1,060,813.50. Following the transaction, the insider directly owned 205,001 shares in the company, valued at approximately $19,751,846.35. The trade was a 5.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 15,510 shares of company stock valued at $1,486,457 in the last ninety days. 0.60% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Nasdaq

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Nasdaq during the second quarter worth about $2,931,637,000. Bank of America Corp DE bought a new stake in Nasdaq in the second quarter valued at about $603,631,000. The Manufacturers Life Insurance Company bought a new stake in Nasdaq in the second quarter valued at about $377,818,000. Legal & General Group Plc acquired a new stake in Nasdaq during the second quarter valued at approximately $220,130,000. Finally, Deutsche Bank AG acquired a new stake in Nasdaq during the second quarter valued at approximately $180,099,000. 72.47% of the stock is owned by institutional investors and hedge funds.

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.