Recent Analysts’ Ratings Changes for Nasdaq (NDAQ)

A number of research firms have changed their ratings and price targets for Nasdaq (NASDAQ: NDAQ):

• 1/13/2025 – Nasdaq had its price target lowered by analysts at Barclays PLC from $97.00 to $96.00. They now have an “overweight” rating on the stock.
• 1/13/2025 – Nasdaq had its price target raised by analysts at Oppenheimer Holdings Inc. from $86.00 to $89.00. They now have an “outperform” rating on the stock.
• 1/10/2025 – Nasdaq had its price target raised by analysts at Citigroup Inc. from $78.00 to $84.00. They now have a “neutral” rating on the stock.
• 1/9/2025 – Nasdaq had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $95.00 price target on the stock.
• 1/9/2025 – Nasdaq had its price target raised by analysts at Raymond James from $83.00 to $84.00. They now have an “outperform” rating on the stock.
• 1/8/2025 – Nasdaq was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating. They now have a $98.00 price target on the stock, up previously from $80.00.
• 12/20/2024 – Nasdaq had its price target raised by analysts at Keefe, Bruyette & Woods from $86.00 to $91.00. They now have an “outperform” rating on the stock.
• 12/14/2024 – Nasdaq was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 12/9/2024 – Nasdaq had its price target raised by analysts at Barclays PLC from $87.00 to $97.00. They now have an “overweight” rating on the stock.
• 12/6/2024 – Nasdaq was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 11/27/2024 – Nasdaq was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 11/25/2024 – Nasdaq is now covered by analysts at William Blair. They set an “outperform” rating on the stock.
• 11/19/2024 – Nasdaq was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.
• 11/19/2024 – Nasdaq had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $88.00 price target on the stock.

Nasdaq Trading Up 1.7 %

NASDAQ:NDAQ opened at $77.57 on Wednesday. The firm has a fifty day simple moving average of $79.29 and a two-hundred day simple moving average of $73.00. Nasdaq, Inc. has a 12 month low of $54.90 and a 12 month high of $83.77. The stock has a market capitalization of $44.58 billion, a price-to-earnings ratio of 46.45, a PEG ratio of 3.12 and a beta of 0.98. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.84.

Nasdaq (NASDAQ:NDAQ) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.05. The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.17 billion. Nasdaq had a return on equity of 14.56% and a net margin of 13.67%. The company’s quarterly revenue was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 earnings per share. Analysts expect that Nasdaq, Inc. will post 2.79 EPS for the current fiscal year.

Nasdaq Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Shareholders of record on Friday, December 6th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Friday, December 6th. Nasdaq’s dividend payout ratio (DPR) is 57.49%.

Insider Activity

In other news, EVP Jeremy Skule sold 12,075 shares of Nasdaq stock in a transaction on Monday, November 18th. The stock was sold at an average price of $78.75, for a total transaction of $950,906.25. Following the sale, the executive vice president now directly owns 102,505 shares in the company, valued at $8,072,268.75. The trade was a 10.54 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Bradley J. Peterson sold 13,642 shares of the stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $75.32, for a total transaction of $1,027,515.44. Following the transaction, the executive vice president now owns 142,830 shares of the company’s stock, valued at approximately $10,757,955.60. The trade was a 8.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 49,459 shares of company stock worth $3,811,808 over the last 90 days. 0.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Cumberland Partners Ltd purchased a new stake in Nasdaq during the third quarter valued at about $10,400,000. Nomura Asset Management Co. Ltd. grew its stake in Nasdaq by 49.8% in the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 164,179 shares of the financial services provider’s stock valued at $11,987,000 after buying an additional 54,594 shares in the last quarter. Thompson Siegel & Walmsley LLC bought a new position in shares of Nasdaq in the third quarter worth $2,701,000. Dimensional Fund Advisors LP grew its position in shares of Nasdaq by 8.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,358,843 shares of the financial services provider’s stock valued at $142,144,000 after purchasing an additional 174,778 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Nasdaq by 10.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,223,433 shares of the financial services provider’s stock worth $235,343,000 after purchasing an additional 313,079 shares in the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

Nasdaq, Inc operates as a technology company that serves capital markets and other industries worldwide. It operates in three segments: Capital Access Platforms, Financial Technology, and Market Services. The Capital Access Platforms segment sells and distributes historical and real-time market data; and develops and licenses Nasdaq-branded indices and financial products.