Nasdaq (NDAQ) Projected to Post Quarterly Earnings on Thursday

Nasdaq (NASDAQ:NDAQ) is projected to issue its Q4 2025 results before the market opens on Thursday, January 29th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $1.3664 billion for the quarter. Parties may review the information on the company’s upcoming Q4 2025 earning report for the latest details on the call scheduled for Thursday, January 29, 2026 at 8:00 AM ET.

Nasdaq (NASDAQ:NDAQ) last issued its quarterly earnings data on Tuesday, October 21st. The financial services provider reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.06. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.29 billion. Nasdaq had a net margin of 19.90% and a return on equity of 16.28%. Nasdaq’s revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.74 EPS. On average, analysts expect Nasdaq to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Nasdaq Trading Up 1.4%

Shares of NDAQ stock opened at $98.78 on Thursday. Nasdaq has a 1-year low of $64.84 and a 1-year high of $101.79. The firm has a market cap of $56.40 billion, a PE ratio of 35.28, a price-to-earnings-growth ratio of 1.46 and a beta of 1.01. The company has a 50-day moving average of $94.11 and a two-hundred day moving average of $92.21. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.99 and a quick ratio of 0.99.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. TD Cowen restated a “hold” rating on shares of Nasdaq in a report on Wednesday, January 14th. UBS Group reissued a “buy” rating and issued a $120.00 target price (up previously from $115.00) on shares of Nasdaq in a research report on Monday, January 12th. Weiss Ratings restated a “buy (b-)” rating on shares of Nasdaq in a research note on Friday, January 9th. JPMorgan Chase & Co. raised their price target on Nasdaq from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Monday, January 12th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $113.00 price objective (up previously from $111.00) on shares of Nasdaq in a report on Thursday, January 15th. Fourteen investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $103.67.

Insider Activity at Nasdaq

In other news, CEO Adena T. Friedman sold 300,000 shares of Nasdaq stock in a transaction dated 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 completion of 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jeremy Skule sold 2,105 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $85.40, for a total value of $179,767.00. Following the transaction, the executive vice president directly owned 84,974 shares of the company’s stock, valued at approximately $7,256,779.60. This represents a 2.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 306,605 shares of company stock worth $29,546,812. Company insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Nasdaq by 7.7% in the 3rd quarter. State Street Corp now owns 19,619,192 shares of the financial services provider’s stock valued at $1,735,318,000 after purchasing an additional 1,404,348 shares during the last quarter. Select Equity Group L.P. acquired a new position in shares of Nasdaq during the second quarter worth $110,259,000. Qube Research & Technologies Ltd increased its holdings in Nasdaq by 129.0% in the third quarter. Qube Research & Technologies Ltd now owns 2,159,556 shares of the financial services provider’s stock valued at $191,013,000 after buying an additional 1,216,580 shares during the last quarter. AQR Capital Management LLC raised its stake in Nasdaq by 100.0% in the third quarter. AQR Capital Management LLC now owns 2,041,790 shares of the financial services provider’s stock valued at $180,596,000 after buying an additional 1,021,020 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in Nasdaq by 12,221.5% during the 2nd quarter. Lazard Asset Management LLC now owns 814,202 shares of the financial services provider’s stock worth $72,805,000 after buying an additional 807,594 shares during the last quarter. Hedge funds and other institutional investors own 72.47% of the company’s stock.

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.