Nasdaq (NASDAQ:NDAQ) Price Target Raised to $122.00

by · The Cerbat Gem

Nasdaq (NASDAQ:NDAQ – Free Report) had its price objective raised by JPMorgan Chase & Co. from $120.00 to $122.00 in a research report sent to investors on Friday morning,Benzinga reports. They currently have an overweight rating on the financial services provider’s stock.

Several other analysts also recently issued reports on the company. Keefe, Bruyette & Woods boosted their price objective on Nasdaq from $92.00 to $102.00 and gave the stock a “market perform” rating in a report on Friday, July 24th. Raymond James Financial decreased their target price on shares of Nasdaq from $119.00 to $109.00 in a report on Friday, October 9th. Zacks Research downgraded shares of Nasdaq from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Rothschild & Co Redburn dropped 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. Finally, TD Cowen cut their price target on shares of Nasdaq from $108.00 to $107.00 and set a “buy” rating on the stock in a report on Monday, October 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Nasdaq has an average rating of “Moderate Buy” and a consensus target price of $113.53.

Read Our Latest Stock Analysis on NDAQ

Nasdaq Stock Performance

Shares of NASDAQ NDAQ opened at $102.56 on Friday. Nasdaq has a 12 month low of $76.55 and a 12 month high of $104.21. The company has a market cap of $56.92 billion, a price-to-earnings ratio of 28.02, a P/E/G ratio of 1.84 and a beta of 0.99. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.71. The business has a fifty day simple moving average of $94.86 and a 200-day simple moving average of $91.08.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $1.47 billion. During the same quarter last year, the company posted $0.88 EPS. Nasdaq’s revenue for the quarter was up 12.6% on a year-over-year basis. Sell-side analysts predict that Nasdaq will post 4.13 EPS for the current year.

Nasdaq Announces Dividend

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

Insiders Place Their Bets

In related news, insider Nelson Griggs sold 11,010 shares of the company’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 of the company’s stock, valued at approximately $19,751,846.35. The trade was a 5.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 value of $106,875.00. Following the transaction, the executive vice president directly owned 96,561 shares in the company, valued at $9,173,295. The trade was a 1.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 15,510 shares of company stock worth $1,486,457 in the last quarter. 0.60% of the stock is currently owned by corporate insiders.

Institutional Trading of Nasdaq

A number of hedge funds have recently made changes to their positions in the stock. CWA Asset Management Group LLC lifted its position in Nasdaq by 2.9% in the 3rd quarter. CWA Asset Management Group LLC now owns 3,831 shares of the financial services provider’s stock valued at $353,000 after acquiring an additional 108 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in Nasdaq by 2.6% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,633 shares of the financial services provider’s stock worth $426,000 after purchasing an additional 118 shares in the last quarter. Quantum Portfolio Management LLC raised its stake in shares of Nasdaq by 1.8% in the first quarter. Quantum Portfolio Management LLC now owns 7,144 shares of the financial services provider’s stock worth $606,000 after purchasing an additional 123 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of Nasdaq by 2.5% in the first quarter. Arkadios Wealth Advisors now owns 5,643 shares of the financial services provider’s stock worth $479,000 after purchasing an additional 137 shares during the last quarter. Finally, AlphaCentric Advisors LLC raised its stake in shares of Nasdaq by 5.9% in the first quarter. AlphaCentric Advisors LLC now owns 2,603 shares of the financial services provider’s stock worth $221,000 after purchasing an additional 145 shares during the last quarter. 72.47% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Nasdaq

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

(Get Free Report)

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.

Further Reading