Nasdaq (NASDAQ:NDAQ) Stock Gets Price Target Bump from Wells Fargo & Company

Nasdaq (NASDAQ:NDAQ) had its price target hoisted by equities researchers at Wells Fargo & Company from $100.00 to $111.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has an “equal weight” rating on the financial services provider’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 8.68% from the stock’s current price.

A number of other equities analysts have also issued reports on NDAQ. Raymond James Financial reduced their target price on Nasdaq from $119.00 to $109.00 in a research note on Friday, October 9th. Bank of America decreased their price target on shares of Nasdaq from $135.00 to $132.00 and set a “buy” rating on the stock in a research note on Friday, October 2nd. Piper Sandler reiterated an “overweight” rating and issued a $108.00 target price (up from $104.00) on shares of Nasdaq in a report on Friday, October 2nd. Zacks Research downgraded Nasdaq from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 21st. Finally, The Goldman Sachs Group increased their price objective on shares of Nasdaq from $108.00 to $109.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. One 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.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $111.94.

Nasdaq Stock Down 1.1%

Shares of NDAQ stock traded down $1.16 on Friday, hitting $102.14. The stock had a trading volume of 481,452 shares, compared to its average volume of 3,771,169. Nasdaq has a one year low of $76.55 and a one year high of $104.21. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. The company has a market cap of $57.09 billion, a PE ratio of 29.82, a P/E/G ratio of 1.73 and a beta of 0.99. The business has a 50 day moving average price of $94.75 and a 200 day moving average price of $90.97.

Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings data on Thursday, October 22nd. The financial services provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $1.47 billion. Nasdaq had a net margin of 22.60% and a return on equity of 18.38%. Nasdaq’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.88 earnings per share. Research analysts anticipate that Nasdaq will post 4.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Jeremy Skule sold 1,125 shares of the firm’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 sale, the executive vice president directly owned 96,561 shares in the company, valued at approximately $9,173,295. This trade represents a 1.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Nelson Griggs sold 11,010 shares of Nasdaq 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 sale, the insider directly owned 205,001 shares of the company’s stock, valued at approximately $19,751,846.35. This trade represents a 5.10% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 26,520 shares of company stock worth $2,520,957 over the last 90 days. Insiders own 0.60% of the company’s stock.

Institutional Trading of Nasdaq

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fiduciary Financial Advisors purchased a new position in shares of Nasdaq in the 2nd quarter valued at about $25,000. Eastern Bank lifted its stake in Nasdaq by 168.0% during the third quarter. Eastern Bank now owns 268 shares of the financial services provider’s stock worth $25,000 after purchasing an additional 168 shares during the last quarter. Compass Wealth Management LLC purchased a new stake in Nasdaq during the third quarter worth approximately $29,000. Keating Financial Advisory Services Inc. purchased a new stake in Nasdaq during the second quarter worth approximately $37,000. Finally, Signature Equity Partners LLC boosted its holdings in Nasdaq by 60.3% in the first quarter. Signature Equity Partners LLC now owns 473 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 178 shares in the last quarter. 72.47% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Nasdaq

Here are the key news stories impacting Nasdaq this week:

• Positive Sentiment: Q3 earnings beat expectations: Nasdaq reported adjusted earnings of $1.04 per share, above the $1.02 consensus estimate and up from $0.88 a year earlier. Net revenue rose 13% year over year to approximately $1.5 billion, while reported revenue was $2.39 billion. Nasdaq Reports Third Quarter 2026 Results
• Positive Sentiment: Recurring revenue and core growth strengthened the outlook: Annualized recurring revenue reached a record $3.4 billion, solutions revenue totaled roughly $1.2 billion and solutions growth was 17%. Index revenue jumped 39%, with fintech and technology businesses also posting double-digit growth. Profit growth outpaced revenue growth, supporting confidence in future cash flow. NDAQ Q3 Earnings Beat Estimates
• Positive Sentiment: Analyst and shareholder-return support: RBC Capital Markets issued a Buy rating following the earnings release. Nasdaq also highlighted ongoing share repurchases and dividends, adding to the favorable investor response. Nasdaq Gets a Buy from RBC Capital
• Neutral Sentiment: Quarterly dividend declared: Nasdaq maintained a $0.31-per-share quarterly dividend, payable December 18 to shareholders of record December 4. The dividend provides ongoing shareholder support, although it was not an increase. Nasdaq Announces Quarterly Dividend
• Negative Sentiment: Insider selling is a modest cautionary signal: EVP Jeremy Skule sold 1,125 shares for $106,875, reducing his direct stake by 1.15%. The transaction is small relative to his remaining ownership and appears unlikely to outweigh the earnings-driven optimism. 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.