Nasdaq (NASDAQ:NDAQ) Price Target Raised to $105.00

Nasdaq (NASDAQ:NDAQ) had its price target hoisted by TD Cowen from $104.00 to $105.00 in a research note published on Friday,Benzinga reports. They currently have a hold rating on the financial services provider’s stock.

NDAQ has been the topic of a number of other reports. Weiss Ratings restated a “buy (b-)” rating on shares of Nasdaq in a research note on Friday, January 9th. JPMorgan Chase & Co. lifted their target price on Nasdaq from $111.00 to $113.00 and gave the company an “overweight” rating in a research report on Monday, January 12th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $108.00 target price on shares of Nasdaq in a report on Friday. Barclays restated an “overweight” rating and set a $115.00 price target (up previously from $114.00) on shares of Nasdaq in a research note on Friday. Finally, Morgan Stanley set a $116.00 price objective on shares of Nasdaq and gave the stock an “overweight” rating in a research note on Friday. Fourteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Nasdaq presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.13.

Nasdaq Stock Down 1.2%

NASDAQ:NDAQ opened at $96.89 on Friday. Nasdaq has a twelve month low of $64.84 and a twelve month high of $101.79. The company has a market cap of $55.32 billion, a price-to-earnings ratio of 31.36, a price-to-earnings-growth ratio of 1.44 and a beta of 1.02. The stock has a fifty day simple moving average of $95.74 and a 200-day simple moving average of $92.66. The company has a current ratio of 1.01, a quick ratio of 0.99 and a debt-to-equity ratio of 0.70.

Nasdaq (NASDAQ:NDAQ) last posted its quarterly earnings results on Thursday, January 29th. The financial services provider reported $0.96 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.04. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Nasdaq had a net margin of 21.77% and a return on equity of 16.90%. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.76 earnings per share. Analysts anticipate that Nasdaq will post 3.18 EPS for the current year.

Nasdaq Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be issued a $0.27 dividend. The ex-dividend date is Monday, March 16th. This represents a $1.08 dividend on an annualized basis and a yield of 1.1%. Nasdaq’s payout ratio is currently 38.57%.

Insider Activity

In related news, CEO Adena T. Friedman sold 300,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $96.39, for a total transaction of $28,917,000.00. Following the completion of the sale, the chief executive officer owned 1,924,903 shares of the company’s stock, valued at $185,541,400.17. This represents a 13.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP John Zecca sold 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $100.01, for a total transaction of $450,045.00. Following the completion of the sale, the executive vice president owned 125,674 shares of the company’s stock, valued at approximately $12,568,656.74. This trade represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.70% of the company’s stock.

Institutional Trading of Nasdaq

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Front Row Advisors LLC acquired a new position in Nasdaq during the 2nd quarter valued at about $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Nasdaq during the second quarter worth about $27,000. Tripletail Wealth Management LLC purchased a new stake in shares of Nasdaq during the third quarter worth about $27,000. Access Investment Management LLC acquired a new position in shares of Nasdaq during the second quarter valued at about $28,000. Finally, Westside Investment Management Inc. raised its position in shares of Nasdaq by 100.0% in the 3rd quarter. Westside Investment Management Inc. now owns 318 shares of the financial services provider’s stock valued at $28,000 after purchasing an additional 159 shares during the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

Key Stories Impacting Nasdaq

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Q4 results beat consensus — $0.96 EPS vs ~$0.92 expected and $1.39B revenue (up ~13% YoY); management called out record revenue for the year. Nasdaq Reports Fourth Quarter and Full Year 2025 Results
• Positive Sentiment: Solutions revenue growth and AI initiatives were highlighted as durable organic drivers — management pointed to product uptake and deal activity supporting higher-margin software revenue. NDAQ Q4 Deep Dive: Solutions Revenue and AI Initiatives Drive Robust Growth Amid Margin Compression
• Positive Sentiment: Analysts lifted targets and ratings after results: JPMorgan raised to $101 (Overweight), TD Cowen to $105 (Hold) and RBC reaffirmed Outperform with $108 target — adds buy-side momentum. Benzinga Analyst Notes
• Positive Sentiment: Board declared a regular quarterly dividend of $0.27/share (payable Mar 30), maintaining shareholder cash return policy. Nasdaq Announces Quarterly Dividend of $0.27 Per Share
• Neutral Sentiment: Earnings call and transcript provide more color on buy-side activity, index licensing and fintech deals; useful for modeling recurring Solutions revenue cadence. Nasdaq Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Slide deck and presentation posted with segment detail (index, market services, and solutions) — helps analysts refine FY guidance assumptions. Nasdaq Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Margins compressed and management flagged higher operating expenses; the company tweaked its expense view, which could pressure near-term profitability despite revenue growth. Nasdaq Beats Q4 Earnings & Revenue Estimates, Tweaks Expense View

Nasdaq Company Profile

Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.

Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.