NDAQ
NASDAQ · Financial Services
Nasdaq Inc
$84.28
-2.12 (-2.45%)
Performance
1D
—
1W
—
1M
—
3M
-15.17%
6M
-3.69%
1Y
+8.51%
YTD
-12.81%
Open$85.59
Previous Close$86.40
Day High$85.75
Day Low$84.10
52W High$101.79
52W Low$64.84
Volume—
Avg Volume6.75M
Market Cap46.28B
P/E Ratio25.88
EPS$3.09
SectorFinancial Services
Technical Indicators
Full analysis →
SMA 50
$93.80
Below
SMA 200
$90.11
Below
RSI (14)
19.6
Oversold
Trend
Golden Cross
Bullish
Analyst Ratings
Strong Buy
23 analysts
Price Target
+84.2% upside
Current
$84.28
$84.28
Target
$155.23
$155.23
$118.02
$155.23 avg
$174.14
Key Financials
| FY 2026 | FY 2025 | FY 2024 | |
|---|---|---|---|
| Revenue | 8.00B | 7.30B | 7.93B |
| Net Income | 1.74B | 1.43B | 2.70B |
| Profit Margin | 21.8% | 20.7% | 34.1% |
| EBITDA | 2.94B | 2.55B | 4.48B |
| Free Cash Flow | — | — | 2.12B |
| Rev Growth | +9.7% | +9.7% | +8.0% |
| Debt/Equity | 0.74 | 0.74 | 0.29 |
Dividend
Dividend Yield1.18%
Annual Dividend$1.05
Payout Ratio33.6%
Frequencyquarterly
Ex-DividendApr 16, 2026
Pay DateMay 3, 2026
About Nasdaq Inc
Nasdaq, Inc. is a global technology company and financial services provider headquartered in New York, New York, operating multiple securities exchanges, market infrastructure, and financial technology platforms across more than 130 countries. The company operates the Nasdaq Stock Market, the world's second-largest equity exchange by market capitalization, as well as Nordic and Baltic exchanges through its Nasdaq Nordic and Nasdaq Baltic subsidiaries. Beyond exchange operations, Nasdaq provides market technology, analytics, regulatory technology, and investor relations solutions to capital market participants worldwide. Its business segments include Capital Access Platforms, Financial Technology, and Market Services.
Financial Services Peers
| Symbol | Name | Price | Change | P/E | Mkt Cap |
|---|---|---|---|---|---|
| BRK.B | Berkshire Hathaway Inc | $479.33 | -0.14% | 15.9 | 1.07T |
| V | Visa Inc | $303.76 | -0.22% | 29.0 | 603.38B |
| MA | Mastercard Inc | $498.93 | -0.29% | 30.8 | 461.31B |
| MS | Morgan Stanley | $165.87 | +0.94% | 16.4 | 275.98B |
| GS | Goldman Sachs Group | $835.72 | +0.54% | 16.0 | 274.87B |
| AXP | American Express Co | $302.00 | +0.03% | 21.6 | 233.63B |
NDAQ Frequently Asked Questions
What does Nasdaq do?
Nasdaq operates stock exchanges but earns the majority of its revenue from software and technology services sold to financial institutions globally — a transformation from a purely transaction-based exchange business. Its Financial Technology segment sells trading, surveillance, regulatory reporting, and market infrastructure software to exchanges, banks, and regulators worldwide. The Anti-Financial Crime division provides software that banks use to detect money laundering and fraud. Market Services — the original exchange business — handles equity and options trading, but now represents a minority of total earnings.
Is NDAQ stock a good investment?
Nasdaq's revenue mix has shifted substantially toward recurring subscription and software revenues, which has improved the quality of its earnings stream relative to volume-sensitive transaction revenues. The Adenza acquisition (formerly Calypso and AxiomSL) accelerated this shift by adding risk management and regulatory compliance software to the portfolio. The integration of Adenza added leverage, which management is working to reduce. The stock trades at a premium to pure exchange peers, reflecting the software component's higher valuation multiples. Growth in the financial technology segment will determine whether that premium is sustained.
Who are Nasdaq's main competitors?
Intercontinental Exchange (ICE) is Nasdaq's most direct competitor, operating the New York Stock Exchange and a portfolio of exchanges and data businesses. CBOE Global Markets competes in options trading and index-based derivatives. Bloomberg competes in financial data and terminals, which overlap with some Nasdaq data products. In financial crime technology, NICE Actimize, Verafin, and Oracle Financial Services compete for the same bank compliance budgets. SS&C Technologies and FIS compete in financial services infrastructure software in adjacent segments.
Does Nasdaq pay dividends?
Nasdaq pays a quarterly dividend that it has grown consistently, though the yield is modest relative to peers in the financial services sector because the market prices in growth potential from the software transformation. Management has targeted dividend growth in line with earnings per share expansion. Debt reduction post-Adenza acquisition has been the competing priority for free cash flow, which has kept buybacks and dividend growth measured. As leverage is reduced to target levels, the expectation is that capital return flexibility will increase, allowing accelerated dividend growth or buyback activity.
What is NDAQ's stock price today?
NDAQ is currently trading at $84.28, down 2.45% in today's session. Over the past 52 weeks, the stock has traded between a low of $64.84 and a high of $101.79. The current price represents 53% of its 52-week range, which helps investors gauge where the stock sits relative to its recent trading history.
What do Wall Street analysts say about NDAQ?
Among 23 analysts covering NDAQ, the consensus rating is Strong Buy — 21 rate it a buy, 2 hold, and 0 sell. The average price target sits at $155.23, implying 84% upside from the current price. Keep in mind that analyst targets reflect 12-month expectations and can shift quickly after earnings reports or major company events.
Is Nasdaq Inc profitable?
Nasdaq Inc generated $8.00B in revenue during fiscal year 2026, with $1.74B reaching the bottom line as net income. The net profit margin of 21.8% is strong by most industry standards.
What is NDAQ's P/E ratio?
NDAQ trades at a P/E ratio of 25.88 on trailing earnings of $3.09 per share. That's roughly in line with the broader market average of ~20-25x. Comparing this multiple against Financial Services sector peers gives better context than the broad market alone, since P/E norms vary significantly across industries.
How has NDAQ stock performed recently?
Performance varies across timeframes, reflecting shifting market conditions. Returns by timeframe: -15.17% (3M), -3.69% (6M), +8.51% (1Y), -12.81% (YTD). Comparing these figures against the S&P 500 and sector benchmarks helps determine whether NDAQ is outperforming or lagging the broader market.