Nasdaq (NASDAQ:NDAQ) Azioni

NASDAQ INC

Nasdaq

Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as the firm seeks to become a diversified technology company.

Nasdaq Inc

Earnings

Earnings Beats

News

NDAQ

Nasdaq Q2 Adj. EPS $0.85 Beats $0.80 Estimate, Sales $1.31B Beat $1.26B Estimate

ALEX

ALLE

AMAL

AMBP

AMSF

ASPS

BELFA

BELFB

BHLB

BWMX

CIVB

COKE

COLB

COUR

CUBI

DAIO

DCOM

DECK

DGICA

DGICB

ENSG

ENVA

FBIZ

FCFS

FFBC

FFIC

FINW

FISI

FLEX

FRST

GBCI

GLPI

HFWA

IBCP

IMAX

INTC

IRDM

ITGR

JAKK

KNSL

LADR

LARK

LBRT

Laboratory Corporation Of America Holdings

MBLY

MGRC

MOFG

MSBI

MTLS

MYFW

Earnings Scheduled For July 24, 2025

Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) will release its quarterly earnings report on Thursday, 2025-07-24. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Nasdaq to report an earnings per share (EPS) of $0.81.
Anticipation surrounds Nasdaq's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Earnings History Snapshot</h3>
In the previous earnings release, the company beat EPS by $0.02, leading to a 0.83% increase in the share price the following trading session.
Here's a look at Nasdaq's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.77</td>
<td>0.75</td>
<td>0.69</td>
<td>0.64</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.79</td>
<td>0.76</td>
<td>0.74</td>
<td>0.69</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>1.0%</td>
<td>-1.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1753279317_0.png" alt="eps graph" />
<h3>Performance of Nasdaq Shares</h3>
Shares of Nasdaq were trading at $88.93 as of July 22. Over the last 52-week period, shares are up 31.27%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Analysts' Take on Nasdaq</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Nasdaq.
The consensus rating for Nasdaq is Outperform, based on 12 analyst ratings. With an average one-year price target of $91.5, there's a potential 2.89% upside.
<h3>Comparing Ratings with Peers</h3>
The following analysis focuses on the analyst ratings and average 1-year price targets of Tradeweb Markets, FactSet Research Systems and Morningstar, three prominent industry players, providing insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Outperform trajectory for Tradeweb Markets, with an average 1-year price target of $146.75, suggesting a potential 65.02% upside.</li>
<li>Analysts currently favor an Neutral trajectory for FactSet Research Systems, with an average 1-year price target of $450.67, suggesting a potential 406.77% upside.</li>
<li>Analysts currently favor an Outperform trajectory for Morningstar, with an average 1-year price target of $355.0, suggesting a potential 299.19% upside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
The peer analysis summary offers a detailed examination of key metrics for Tradeweb Markets, FactSet Research Systems and Morningstar, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nasdaq</td>
<td>Outperform</td>
<td>24.85%</td>
<td>$816M</td>
<td>3.47%</td>
</tr>
<tr>
<td>Tradeweb Markets</td>
<td>Outperform</td>
<td>24.70%</td>
<td>$332.80M</td>
<td>2.53%</td>
</tr>
<tr>
<td>FactSet Research Systems</td>
<td>Neutral</td>
<td>5.94%</td>
<td>$304.79M</td>
<td>7.05%</td>
</tr>
<tr>
<td>Morningstar</td>
<td>Outperform</td>
<td>7.20%</td>
<td>$350.50M</td>
<td>4.86%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Nasdaq ranks at the top for Revenue Growth and Gross Profit among its peers. However, it ranks at the bottom for Return on Equity. Overall, Nasdaq's performance is strong in terms of revenue and profit growth, but lags behind in generating returns for shareholders.
<h3>Delving into Nasdaq's Background</h3>
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as the firm seeks to become a diversified technology company.
<h3>Nasdaq's Economic Impact: An Analysis</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Nasdaq displayed positive results in 3 months. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 24.85%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Nasdaq's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 18.9%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Nasdaq's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.47%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.29%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.84.
<a href="https://www.benzinga.com/quote/NDAQ/earnings">To track all earnings releases for Nasdaq visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Nasdaq

Nasdaq Verafin Launches Agentic AI Workforce To Automate AML Compliance, Targeting Major Efficiency Gains In Sanctions And Due Diligence Reviews

Today, Nasdaq issued the following statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it.
Nasdaq is aware of the preliminary proxy that was filed by Invesco QQQ Trust and the proposals contained within it. Invesco and Nasdaq were engaged in dialogue as Invesco explored bringing these proposals to shareholders.
The proposed change to the Trust structure does not alter the terms of Nasdaq's licensing arrangements with Invesco nor the administration of the Nasdaq-100&#xAE; Index. If the proposals are approved, Invesco will pay the associated license fee out of its unitary management fee, as compared to the current state where the license fee is paid by QQQ directly.
We remain committed to our strategic partnership with Invesco and delivering the trusted benchmark on which investors rely.

Nasdaq Acknowledges Preliminary Proxy Filed By Invesco QQQ Trust; Confirms Prior Engagement On Shareholder Proposals

The Nasdaq Stock Market&#xAE; (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) announced that trading was halted on July 15, 2025 in Bowen Acquisition Corp. at 17:45:19 Eastern Time for additional information requested from the company. The last sale price of the company's securities was: &nbsp;
<ul>
<li>Ordinary shares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOWN#NASDAQ">BOWN</a>) $9.19</li>
<li>Rights (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOWNR#NASDAQ">BOWNR</a>) $0.2252</li>
<li>Units (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOWNU#NASDAQ">BOWNU</a>) $13.02 &nbsp;</li>
</ul>
Trading will remain halted until Bowen Acquisition Corp. has fully satisfied Nasdaq's request for additional information.

BOWN

BOWNR

BOWNU

Nasdaq Halts Trading of Bowen Acquisition Corp. Pending Additional Information; Last Share Price at $9.19

Oppenheimer analyst Owen Lau maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Outperform and raises the price target from $96 to $101.

Price Target

Analyst Ratings

Oppenheimer Maintains Outperform on Nasdaq, Raises Price Target to $101

Piper Sandler analyst Richard Repetto maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Overweight and raises the price target from $83 to $97.

Piper Sandler Maintains Overweight on Nasdaq, Raises Price Target to $97

Morgan Stanley analyst Michael Cyprys maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Equal-Weight and raises the price target from $75 to $86.

Morgan Stanley Maintains Equal-Weight on Nasdaq, Raises Price Target to $86

UBS analyst Alex Kramm maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Neutral and raises the price target from $82 to $95.

UBS Maintains Neutral on Nasdaq, Raises Price Target to $95

Barclays analyst Benjamin Budish maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Overweight and raises the price target from $84 to $101.

Barclays Maintains Overweight on Nasdaq, Raises Price Target to $101

Throughout the last three months, 9 analysts have evaluated Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>), offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">6</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $87.67, a high estimate of $97.00, and a low estimate of $75.00. This current average has increased by 4.78% from the previous average price target of $83.67. 
<img src="https://www.benzinga.com/files/images/story/2025/1752094854_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of Nasdaq among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patrick O'Shaughnessy</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperform</td>
<td>$96.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Alexander Blostein</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$97.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Owen Lau</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$96.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$75.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$88.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Alex Kramm</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$82.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$84.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$86.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Owen Lau</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$85.00</td>
<td>$89.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Nasdaq. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Nasdaq compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Nasdaq's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/NDAQ/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Nasdaq analyst ratings.</a>
<h2>Discovering Nasdaq: A Closer Look</h2>
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as the firm seeks to become a diversified technology company.
<h3>Nasdaq: Financial Performance Dissected</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Nasdaq displayed positive results in 3M. As of 31 March, 2025, the company achieved a solid revenue growth rate of approximately 24.85%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Nasdaq's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 18.9%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.47%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Nasdaq's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.29%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Nasdaq's debt-to-equity ratio is below the industry average at 0.84, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>Understanding the Relevance of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: Nasdaq In The Eyes Of 9 Experts

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Barclays slashed Fortive Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTV#NYSE">FTV</a>) price target from $86 to $58. Barclays analyst Julian Mitchell maintained an Overweight rating. Fortive shares closed at $52.80 on Tuesday. See how other analysts <a href="https://www.benzinga.com/quote/FTV/analyst-ratings">view this stock</a>.</li>
<li>UBS boosted the price target for FMC Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FMC#NYSE">FMC</a>) from $41 to $45. UBS analyst Joshua Spector maintained a Neutral rating. FMC shares closed at $43.30 on Tuesday. See how other <a href="https://www.benzinga.com/quote/FMC/analyst-ratings">analysts view this stock</a>.</li>
<li>B of A Securities raised Crown Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) price target from $110 to $117. B of A Securities analyst George Staphos maintained a Buy rating. Crown Holdings shares closed at $108.12 on Tuesday. S<a href="https://www.benzinga.com/quote/CCK/analyst-ratings">ee how other analysts view this stock.</a></li>
<li>Truist Securities raised the price target for McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) from $350 to $356. Truist Securities analyst Jake Bartlett maintained a Buy rating. McDonald&#8217;s shares closed at $291.67 on Tuesday. <a href="https://www.benzinga.com/quote/MCD/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Raymond James increased the price target for Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) from $84 to $96. Raymond James analyst Patrick O&#8217;Shaughnessy maintained an Outperform rating. Nasdaq shares closed at $88.59 on Tuesday. <a href="https://www.benzinga.com/quote/NDAQ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Piper Sandler cut RxSight, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RXST#NASDAQ">RXST</a>) price target from $18 to $10. Piper Sandler analyst Adam Maeder maintained a Neutral rating. RxSight shares settled at $12.79 on Tuesday. <a href="https://www.benzinga.com/quote/RXST/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Lake Street increased Kura Sushi USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRUS#NASDAQ">KRUS</a>) price target from $62 to $98. Lake Street analyst Mark Smith maintained a Buy rating. Kura Sushi shares closed at $86.78 on Tuesday. <a href="https://www.benzinga.com/quote/KRUS/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Roth Capital cut Ontrak, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OTRK#NASDAQ">OTRK</a>) price target from $4 to $3. Roth Capital analyst Jonathan Aschoff maintained a Buy rating. Ontrak shares closed at $0.4374 on Tuesday.  <a href="https://www.benzinga.com/quote/OTRK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo raised the price target for AutoNation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AN#NYSE">AN</a>) from $187 to $209. Wells Fargo analyst Colin Langan maintained an Equal-Weight rating. AutoNation shares settled at $210.43 on Tuesday. <a href="https://www.benzinga.com/quote/AN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Oppenheimer raised Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) price target from $200 to $220. Oppenheimer analyst Jason Helfstein maintained an Outperform rating. Alphabet shares closed at $175.16 on Tuesday. <a href="https://www.benzinga.com/quote/GOOG/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying GOOG stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="590" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09115009/image-101-1024x590.png" alt="" class="wp-image-978672" style="width:613px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09115009/image-101-1024x590.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09115009/image-101-300x173.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09115009/image-101-768x442.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09115009/image-101.png 1070w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul class="wp-block-list">
<li>T<a href="https://www.benzinga.com/news/25/07/46320283/this-microsoft-analyst-turns-bullish-here-are-top-5-upgrades-for-wednesday">his Microsoft Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday</a> </li>
</ul>
Photo via Shutterstock

Trading Ideas

GOOG

KRUS

OTRK

RXST

Alphabet To Rally Around 26%? Here Are 10 Top Analyst Forecasts For Wednesday

Raymond James analyst Patrick O'Shaughnessy maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Outperform and raises the price target from $84 to $96.

Raymond James Maintains Outperform on Nasdaq, Raises Price Target to $96

Goldman Sachs analyst Alexander Blostein maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Buy and raises the price target from $85 to $97.

Goldman Sachs Maintains Buy on Nasdaq, Raises Price Target to $97

Nasdaq And QCP Introduce Blockchain-Enhanced Capital Efficiency By Connecting Canton Network To Nasdaq Calypso For 24/7 Collateral Management

Analysts' ratings for Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) over the last quarter vary from bullish to bearish, as provided by 13 analysts.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">8</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">5</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $85.77, a high estimate of $105.00, and a low estimate of $74.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.93%. 
<img src="https://www.benzinga.com/files/images/story/2025/1750186851_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of Nasdaq by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Owen Lau</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$96.00</td>
<td>$85.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$75.00</td>
<td>$74.00</td>
</tr>
<tr>
<td>Kyle Voigt</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$88.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Alex Kramm</td>
<td>UBS</td>
<td>Raises</td>
<td>Neutral</td>
<td>$82.00</td>
<td>$76.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$84.00</td>
<td>$86.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$86.00</td>
<td>$87.00</td>
</tr>
<tr>
<td>Owen Lau</td>
<td>Oppenheimer</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$85.00</td>
<td>$89.00</td>
</tr>
<tr>
<td>Ashish Sabadra</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$95.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Michael Cyprys</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$74.00</td>
<td>$96.00</td>
</tr>
<tr>
<td>Christopher Allen</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$75.00</td>
<td>$84.00</td>
</tr>
<tr>
<td>Richard Repetto</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$83.00</td>
<td>$80.00</td>
</tr>
<tr>
<td>Benjamin Budish</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$87.00</td>
<td>$95.00</td>
</tr>
<tr>
<td>Craig Siegenthaler</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$105.00</td>
<td>$103.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Nasdaq. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Nasdaq compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Nasdaq's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/NDAQ/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Nasdaq analyst ratings.</a>
<h2>All You Need to Know About Nasdaq</h2>
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as the firm seeks to become a diversified technology company.
<h3>Understanding the Numbers: Nasdaq's Finances</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Nasdaq's remarkable performance in 3M is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 24.85%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 18.9%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Nasdaq's ROE excels beyond industry benchmarks, reaching 3.47%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Nasdaq's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.29%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.84, Nasdaq adopts a prudent financial strategy, indicating a balanced approach to debt management.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

13 Analysts Have This To Say About Nasdaq

Oppenheimer analyst Owen Lau maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Outperform and raises the price target from $85 to $96.

Oppenheimer Maintains Outperform on Nasdaq, Raises Price Target to $96

Reuters Reports Nasdaq President Tal Cohen Reportedly Says Retail Participation Has Been Resilient; Says Foreign Ownership Of U.S. Equities Has Doubled In The Last 5+ Years; Says Might Consider Twenty Four Five Options Markets If Success Seen In Twenty Four Five Equities; Says Uncertainty Around Tariffs Complicated M&A Process; Says Volatility Is A Tailwind For Co

Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) has outperformed the market over the past 20 years by 5.39% on an annualized basis producing an average annual return of 13.72%. Currently, Nasdaq has a market capitalization of $48.19 billion. 
Buying $1000 In NDAQ: If an investor had bought $1000 of NDAQ stock 20 years ago, it would be worth $12,960.99 today based on a price of $83.94 for NDAQ at the time of writing.
<h3>Nasdaq's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749138326_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Press Releases

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date June 30, 2025

Delisting of Securities from The Nasdaq Stock Market

Nasdaq Halts Bowen Acquisition Corp.

Nasdaq statement on the preliminary proxy filed by Invesco QQQ Trust and the proposals contained within it

Thomson Reuters Corp to Join the Nasdaq-100 Index® Beginning July 28, 2025

General

Nasdaq Verafin Announces Launch of its Agentic AI Workforce, Delivering a Step Change in AML Compliance Efficiency

Leading Business Travel and Expense Management Platform Introduces the Navan Business Travel Index (BTI): A New Industry Benchmark for Corporate Travel Activity

CME Group and Nasdaq Extend Exclusive Nasdaq-100 Futures License Through 2039

Nasdaq Reports Second Quarter 2025 Results; Double-Digit Net Revenue Growth Reflects Strong Momentum Across All Divisions

Dividends

Nasdaq Announces Quarterly Dividend  of $0.27 Per Share

ANSS

NDXE

NDXESG

NDXT

AGM Group Holdings Inc. - Class A Ordinary Shares

AGM Group Holdings

Aether Holdings

Bakkt Holdings, Inc. Class A Common Stock

Bakkt Hldgs

CME Group

Coincheck Group

Coinbase Global, Inc. - Class A Common Stock

Coinbase Global

Donnelley Financial Solutions, Inc. Common Stock

Donnelley Financial Solns

FactSet Research Systems Inc. Common Stock

FactSet Research Systems

Fold Holdings, Inc. - Class A Common Stock

Fold Holdings

Intercontinental Exchange Inc. Common Stock

Intercontinental Exchange

Open Lending

Moodys

Marketwise

MarketAxess Holdings, Inc. - Common Stock

MarketAxess Holdings

Morningstar

MSCI

Powell Max Limited - Class A Ordinary Shares

Powell Max

S&P Global

Tradeweb Markets Inc. - Class A Common Stock

Tradeweb Markets

Value Line

Oppenheimer

Piper Sandler

Morgan Stanley

Barclays

Comments

Nasdaq

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO