Nasdaq (NASDAQ:NDAQ) Stock Price Expected to Rise, TD Cowen Analyst Says

Nasdaq (NASDAQ:NDAQ) had its price target lifted by stock analysts at TD Cowen from $104.00 to $105.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “hold” rating on the financial services provider’s stock. TD Cowen’s price objective indicates a potential upside of 8.37% from the company’s current price.

NDAQ has been the topic of a number of other reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Nasdaq in a research report on Friday, January 9th. UBS Group reiterated a “buy” rating and issued a $120.00 price target (up from $115.00) on shares of Nasdaq in a research note on Monday, January 12th. Barclays reissued an “overweight” rating and set a $115.00 price target (up from $114.00) on shares of Nasdaq in a research report on Friday. JPMorgan Chase & Co. raised their price objective on Nasdaq from $111.00 to $113.00 and gave the company an “overweight” rating in a report on Monday, January 12th. Finally, Morgan Stanley set a $116.00 target price on Nasdaq and gave the company an “overweight” rating in a research report on Friday. Fourteen equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $103.13.

Nasdaq Stock Performance

Shares of Nasdaq stock opened at $96.89 on Friday. The stock’s fifty day simple moving average is $95.74 and its 200 day simple moving average is $92.63. The company has a current ratio of 1.01, a quick ratio of 0.99 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $55.32 billion, a PE ratio of 31.36, a PEG ratio of 1.47 and a beta of 1.01. Nasdaq has a 12 month low of $64.84 and a 12 month high of $101.79.

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

Insiders Place Their Bets

In related news, CEO Adena T. Friedman sold 300,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $96.39, for a total value of $28,917,000.00. Following the transaction, the chief executive officer owned 1,924,903 shares in the company, valued at approximately $185,541,400.17. This trade represents a 13.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John Zecca sold 4,500 shares of the firm’s stock in a transaction dated 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 transaction, the executive vice president directly owned 125,674 shares in the company, valued at approximately $12,568,656.74. This represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 306,605 shares of company stock worth $29,546,812 in the last quarter. 0.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of NDAQ. Citizens Financial Group Inc. RI boosted its position in Nasdaq by 35.3% during the 4th quarter. Citizens Financial Group Inc. RI now owns 5,316 shares of the financial services provider’s stock worth $516,000 after buying an additional 1,386 shares during the period. Delta Investment Management LLC increased its position in Nasdaq by 9.8% in the 4th quarter. Delta Investment Management LLC now owns 3,358 shares of the financial services provider’s stock valued at $326,000 after acquiring an additional 300 shares during the period. State of New Jersey Common Pension Fund D raised its stake in shares of Nasdaq by 0.9% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 148,955 shares of the financial services provider’s stock valued at $14,468,000 after acquiring an additional 1,392 shares during the last quarter. First Fiduciary Investment Counsel Inc. lifted its holdings in shares of Nasdaq by 2.1% during the fourth quarter. First Fiduciary Investment Counsel Inc. now owns 160,532 shares of the financial services provider’s stock worth $15,592,000 after purchasing an additional 3,361 shares during the period. Finally, Flossbach Von Storch SE grew its stake in shares of Nasdaq by 1.9% in the fourth quarter. Flossbach Von Storch SE now owns 1,147,947 shares of the financial services provider’s stock worth $111,500,000 after purchasing an additional 21,042 shares during the last quarter. Institutional investors own 72.47% of the company’s stock.

More Nasdaq News

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.