Nasdaq Inc. (NDAQ)

NASDAQ: NDAQ · USD

$94.6

-0.11 (-0.1%)· Recorded snapshot

Coverage state: Latest published research available

Market snapshot recorded 2026-08-09 02:00 UTC. Latest published research analyzed 2026-05-20 · stale · sources unverified. Prices and fundamentals on this server-rendered page are dated snapshots, not a real-time trading feed.

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StockMarketAgent Research · Analyzed 2026-05-20

Our latest published analysis: NDAQ rated Reduce

NDAQ is rated Reduce at $91.98 versus the reconciled fair value midpoint of $70.15, implying -23.73% upside/downside. Confidence is separately disclosed at 82/100.

Fair value (mid)

$70.2 / share

$52.9 – $87.7

Upside to FV

-23.7%

from $94.6

Confidence

82/100

Moat

9/10

Read full analysis

Market cap	$52.0B
Revenue (ttm)	5.6B
Net income (ttm)	2B
EPS (ttm)	$3.43
Shares out	559M
P/E (trailing)	27.6x
P/E (forward)	20.8x
Dividend	$1.24 (1.31%)
Volume	2,140,654
Beta	0.97
Price target	$110	+16.4%

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 5.6B
Net income (ttm): 2B
EPS (ttm): $3.43
P/E (trailing): 27.6x
P/E (forward): 20.8x
Market cap: $52.0B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	—	$6.23B	$6.06B	$7.40B	$8.26B	+7.3%
Gross profit	—	$2.34B	$2.55B	$2.99B	$3.49B	+10.5%
Operating income	—	$1.66B	$1.81B	$1.95B	$2.43B	+10.0%
Net income	—	$1.13B	$1.06B	$1.12B	$1.79B	+12.3%
EPS (diluted)	$2.35	$2.26	$2.08	$1.93	$3.09	+7.1%
EBITDA	—	$1.85B	$2.00B	$2.46B	$3.13B	+14.0%
R&D	—	—	—	—	—	—
SG&A	—	$420.0M	$417.0M	$427.0M	$424.0M	+0.2%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAPL	Apple Inc.	4.6T	35.9x	9.8x	101.6%	+6.1%	+35.1%	Sell
ABNB	Airbnb Inc.	108.9B	41.8x	8.3x	16.8%	+24.4%	+52.6%	Hold
ADBE	Adobe Inc.	108.5B	15.6x	4.3x	60.7%	+11.9%	-20.0%	Strong Buy
AXP	American Express Company	228.8B	20.6x	3.2x	11.9%	+13.2%	+15.1%	Reduce
BAC	Bank of America Corporation	446.6B	14.8x	3.9x	—	+5.6%	+41.8%	Reduce
BK	The Bank of New York Mellon Corporation	—	—	—	—	—	—	Reduce

All NDAQ indicators

Market & fundamental data

Available fields

292

Groups with data

Currency

USD

Showing 292 of 292 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0001120193
Company name	Nasdaq, Inc.
Country	United States
Country code	US
Cusip	631103108
Employees	9,525
Employees Change	363%
Employees Change Percent	3.96
Enterprise value	$61.6B
Exchange	NASDAQ
Financial currency	USD
First seen	2026-05-09
In Index	SP500
Industry	Financial Data & Stock Exchanges
Industry PE	27.09
Industry PE Fwd	22.79
IPO Date	2002-07-01
Isin	US6311031081
Last refreshed	2026-08-09
Market cap	$52.9B
Market cap category	Large-Cap
Price	$94.59
Price currency	USD
Rev Per Employee	589,396.33x
Sector	Financials
Sector PE	17.19
Sector PE Fwd	14.66
Sic	6200
Symbol	NDAQ
Website	https://www.nasdaq.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	3.72%
EV Earnings	31.33x
EV Sales Forward	10.02x
EV/EBIT	23.85x
EV/EBITDA	19.06x
EV/FCF	31.59x
EV/Sales	10.98x
FCF yield	3.69%
Forward P/E	21.6x
P/B ratio	4.43x
P/E ratio	27.58x
P/S ratio	9.42x
PE Ratio10 Y	31.48x
PE Ratio3 Y	32.39x
PE Ratio5 Y	29.5x
PEG ratio	1.21x
PS Forward	8.6x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	29.53%
EBITDA Margin	36.96%
FCF margin	34.75%
Gross margin	100%
Gross Profit	$5.6B
Gross Profit Growth	14.22%
Gross Profit Growth Q	14.85%
Gross Profit Growth3 Y	15.59%
Gross Profit Growth5 Y	11.9%
Net Income	$2B
Net Income Growth	30.44%
Net Income Growth Q	12.17%
Net Income Growth Quarters	8%
Net Income Growth Years	2%
Net Income Growth3 Y	21.27%
Net Income Growth5 Y	11.76%
Pretax Margin	43.46%
Profit Margin	35.04%
Profit Per Employee	$206,509
Profitable Quarters	$30
Profitable Years	21
ROA	5.85
Roa5y	4.77
ROCE	11.32
ROE	16.52
Roe5y	14.84
ROIC	10.43
Roic5y	9.62

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	16.67%
Cagr15y	20.15%
Cagr1y	-0.8%
Cagr20y	13.81%
Cagr3y	25.85%
Cagr5y	9.99%
Div CAGR10	11.81%
Div CAGR3	11.36%
Div CAGR5	11.06%
EPS Growth	31.9
EPS Growth Q	14.1
EPS Growth Quarters	7
EPS Growth Years	1
EPS Growth3 Y	15.43
EPS Growth5 Y	8.8
FCF Growth	-8.58%
FCF Growth Q	-7.72%
FCF Growth3 Y	7.95%
FCF Growth5 Y	22.86%
OCF Growth	-4.75%
OCF Growth Q	-4.69%
OCF Growth10 Y	12.29%
OCF Growth3 Y	9.62%
OCF Growth5 Y	20.12%
Revenue Growth	14.22x
Revenue Growth Q	14.86x
Revenue Growth Quarters	11x
Revenue Growth Years	2x
Revenue Growth3 Y	15.59x
Revenue Growth5 Y	11.9x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.19
Assets	$27.3B
Cash	$555M
Current Assets	$4.5B
Current Liabilities	$4.5B
Debt	$9.3B
Debt EBITDA	$2.88
Debt Equity	$0.78
Debt FCF	$4.78
Equity	$12B
Interest Coverage	7.45
Liabilities	$15.3B
Long Term Assets	$22.8B
Long Term Liabilities	$10.8B
Net Cash	$-8.8B
Net Cash By Market Cap	$-16.57
Net Debt EBITDA	$2.71
Net Debt Equity	$0.73
Net Debt FCF	$4.49
Tangible Book Value	$-8.5B
Tangible Book Value Per Share	$-15.09
WACC	8.61

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.01
Net Working Capital	$-184M
Quick ratio	0.39
Working Capital	$28M
Working Capital Turnover	$-40.53

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	0.99%
Dividend Growth	13.73%
Dividend Growth Years	13%
Dividend per share	$1.24
Dividend Years	15
Dividend Yield	1.31%
Ex Div Date	2026-09-11
Last Dividend	$0.31
Payout Frequency	Quarterly
Payout Ratio	36.16%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	367.26%
1Y total return	-0.8%
200-day SMA	89.36
3Y total return	99.35%
50-day SMA	88.45
50-day SMA vs 200-day SMA	50under200
5Y total return	60.97%
All Time High	101.8
All Time High Change	-7.07%
All Time High Date	2026-01-16
All Time Low	1.72
All Time Low Change	5,409.03%
All Time Low Date	2003-04-15
ATR	2.35
Beta	0.97
Beta1y	0.67
Beta2y	0.8
Ch YTD	-2.62
High	96.05
High52	101.8
High52 Date	2026-01-16
High52ch	-7.07%
Low	94.26
Low52	76.55
Low52 Date	2026-06-30
Low52ch	23.57%
Ma50ch	6.94%
Premarket Change Percent	-0.01
Premarket Price	$94.69
Premarket Volume	1,244
Price vs 200-day SMA	5.85%
RSI	60.67
RSI Monthly	58.3
RSI Weekly	56.27
Sharpe ratio	-0.04x
Sortino ratio	0.14
Total Return	2.3%
Tr YTD	-1.96
Tr15y	1,469.62%
Tr1m	11.98%
Tr1w	0.42%
Tr3m	6.42%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	17
Analyst Count Top	9
Analyst Price Target Top	$112
Analyst Ratings	Buy
Analyst Ratings Top	Strong Buy
Earnings EPS Estimate	$0.95
Earnings EPS Estimate Growth	11.76
Earnings Revenue Estimate	1,424,037,928x
Earnings Revenue Estimate Growth	9.04x
Operating Income	$2.7B
Operating Income Growth	20.08
Operating Income Growth Q	21.11
Operating Income Growth3 Y	16.13
Operating Income Growth5 Y	11.78
Operating margin	48.15
Price target	$110
Price Target Change	$16.37
Price Target Change Top	$18.41

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	492,603,516%
Float Percent	88.13%
Net Borrowing	-331,000,000
Shares Insiders	0.64%
Shares Institutions	84.49%
Shares Out	558,977,372
Shares Qo Q	-0.7%
Shares Yo Y	-0.99%
Short Float	1.83%
Short Ratio	1.73
Short Shares	1.61

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	$1.8B
Adjusted OCF	2,075,000,000
Average Volume	3,951,222.7x
Bv Per Share	21.33
CAPEX	$-295M
Ch10y	298.7
Ch15y	1,145.1
Ch1m	11.98
Ch1w	0.42
Ch1y	-2.04
Ch20y	954.2
Ch3m	6.04
Ch3y	91.28
Ch5y	50.37
Ch6m	11.51
Change	-0.12%
Change From Open	0.08
Close	94.7
Days Gap	-0.2
Depreciation Amortization	650,000,000
Dollar Volume	202,484,461.9
Earnings Date	2026-07-23
Earnings Time	bmo
EBIT	$2.6B
EBITDA	$3.2B
EPS	$3.43
F Score	7
FCF	$2B
FCF EV Yield	3.17x
FCF Per Share	$3.49
Financing CF	-5,175,000,000
Fiscal Year End	December
Founded	1,971
Goodwill	14,245,000,000
Graham Number	40.5685
Graham Upside	-57.11
Income Tax	$473M
Investing CF	-482,000,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-07-23
Last Report Date	2026-06-30
Last Split Date	2022-08-29
Last Split Type	Forward
Last10k Filing Date	2026-02-12
Lynch Fair Value	$40.34
Lynch Upside	-57.36
Ma150	89.06
Ma150ch	6.21%
Ma20	92.82
Ma20ch	1.91%
Net CF	-3,401,000,000
Next Earnings Date	2026-10-20
Open	94.51
Optionable	Yes
P FCF Ratio	27.1
P FCF Ratio SBC	29.7
P OCF Ratio	23.54
P OCF Ratio SBC	25.48
Payment Date	2026-09-25
Position In Range	18.44
Post Close	94.59
Postmarket Change Percent	0.61
Postmarket Price	$95.17
Ppne	1,248,000,000
Pre Close	94.7
Price Date	2026-08-07
Price EBITDA	$16.35
Relative Volume	0.55x
Revenue	5,614,000,000x
SBC By Revenue	3.05x
Share Based Comp	171,000,000
Tax By Revenue	8.43x
Tax Rate	19.39%
Tr20y	1,228.81%
Tr6m	12.26%
Us State	New York
Volume	2,140,654
Z Score	3.07

Frequently asked questions

About this NDAQ report

What is the latest published NDAQ stock rating?

Nasdaq Inc. is shown with reduce in the latest published report, analyzed 2026-05-20. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full NDAQ analysis?

The full latest published report, analyzed 2026-05-20, lives at /stocks/NDAQ/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair-value range is used for NDAQ?

The latest published report analyzed 2026-05-20 frames NDAQ around USD 53 to USD 88. This is a dated valuation range, not a live market price; check the valuation, sensitivity, and bear-case tabs before making a decision.

How often is the NDAQ page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-05-20). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

Nasdaq Inc. (NDAQ)

Coverage state: Latest published research available

Generate a fresh NDAQ analysis

Our latest published analysis: NDAQ rated Reduce

Price

Financial snapshot

Fair-value bridge

Analyst consensus

Latest news · NDAQ

Valuation

Profitability

Balance sheet

Trading

Position sizing & entry playbook

Next earnings

Sector percentile context

All NDAQ indicators

Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

Other indicators

Deeper analysis on NDAQ

Frequently asked questions