Nasdaq, Inc. (NDAQ) fair value analysis

Fundamentals (4 quarters) how computed

Market cap

$52.3B

P/E (trailing)

24x

Revenue (TTM)

$8.71B

Net margin

22.6%

EPS (TTM)

$3.87

Gross margin

59.2%

Debt / equity

0.77

Revenue growth (3-yr avg)

24.8%

Shares outstanding

559M

Derived indicators how computed

Quality grade

B →

Margin trend

Expanding

52-week position

The upper-middle quarter of its range

Technicals how computed

RSI (14-day)

58 · neutral

50-day average

$94.64

200-day average

$90.47

Moving-average state

50-day above 200-day (golden cross state); price between the averages

Dividends how computed

Paid, last 12 months

$1.16 per share (4 payments)

Yield on last price

1.24%

Consecutive years of increases

2

Last ex-dividend date

2026-09-11

Last payment date

2026-09-25

Earnings how computed

Last 8 quarters vs consensus

8 beat, 0 missed

Quarter by quarter

2026-06 ▲ beat (+9.2%)
2026-03 ▲ beat (+3.2%)
2025-12 ▲ beat (+4.3%)
2025-09 ▲ beat (+3.5%)
2025-06 ▲ beat (+4.9%)
2025-03 ▲ beat (+2.6%)
2024-12 ▲ beat (+1.3%)
2024-09 ▲ beat (+7.2%)

Analyst consensus how computed

This is not TickrTrends' verdict.

Analyst ratings

14 buy · 2 hold · 1 sell (17 analysts)

Consensus lean

Buy-leaning

Consensus price target

$109

Target vs last price

+16.4%

Recent NDAQ news

TickrTrends' derived news-sentiment signal for NDAQ is currently leaning positive, computed from recent coverage.

• Asia-Pacific Markets Mixed as Philippine Peso Hits Record Low; Yen Pressured by Trade Deficit (thestockmarketwatch.com, 2026-10-21)
  TickrTrends take: NDAQ operates within the Financial Services sector, where currency volatility and regional market movements can influence trading volumes and client activity across Asia-Pacific exchanges. Given TickrTrends' current assessment that NDAQ is fairly valued, investors should monitor whether sustained currency pressures and mixed regional market conditions translate into changes in transaction volumes or market data demand from NDAQ's client base in these regions. The stability of Asia-Pacific markets will be relevant to tracking whether NDAQ's valuation multiple remains justified by its operational performance.
• Nasdaq Resumes Trading in CN Healthy Food Tech Group Corp. (manilatimes.net, 2026-10-16)
  TickrTrends take: Nasdaq's resumption of trading in CN Healthy Food Tech Group Corp reflects the exchange's role as a venue for diverse companies across sectors including technology and consumer goods. For investors evaluating Nasdaq Inc (NDAQ) at its fairly valued designation, operational developments like the restoration of trading access matter insofar as they affect transaction volumes and fee-generating activity on the platform. A valuation-focused reader should monitor whether such trading resumptions meaningfully impact NDAQ's financial metrics and competitive positioning within the Financial Services sector.
• Nasdaq Resolves Network Disruption Affecting US Equities Data Feeds (thestockmarketwatch.com, 2026-10-15)
  TickrTrends take: Nasdaq has resolved a network disruption that affected US equities data feeds, an operational issue that could have implications for market data services revenue, a key component of the Financial Services sector business. Given TickrTrends' current assessment of NDAQ as fairly valued, investors monitoring the company should track whether such disruptions impact customer retention or create competitive openings for alternative data providers. The resolution of this incident provides an opportunity to assess management's operational resilience and whether any service commitments or customer concessions affect future earnings guidance.

More NDAQ news

• Oil Prices Surge Amid Black Sea Escalation and Middle East Alerts; Nasdaq Faces Technical Glitch (thestockmarketwatch.com, 2026-10-15)
• Nasdaq (NDAQ) Can Index Growth Hold Up Without a Rising Market? (insidermonkey.com, 2026-10-14)
• Nasdaq Adena Friedman CEO Sees Tokenization Freeing Billions in Locked Collateral Amid Broader TradFi and DeFi Convergence (crowdfundinsider.com, 2026-10-14)
• Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date September 30, 2026 (manilatimes.net, 2026-10-09)
• The Texas Stock Exchange Wants To Fight Wall Street (seekingalpha.com, 2026-10-07)
• NDAQ Initiated Coverage by Wells Fargo -- Rating Assigned Equal-Weight (gurufocus.com, 2026-10-02)

What people are saying

Follow the NDAQ conversation: Stocktwits · Reddit · X

TickrTrends weekly updates

• 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
• 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
• 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
• 2026-10-10 — NDAQ's valuation metrics improved this week as its sector discount rank moved from 52nd to 57th among Financial Services companies, while the valuation verdict shifted from Fairly valued to Undervalued. This movement reflects a more attractive pricing position relative to sector peers based on TickrTrends' derived indicators.
• 2026-10-06 — No material change this week: the verdict, bands and grades all held steady.
• 2026-09-28 — TickrTrends' derived indicators for NDAQ shifted this week as the stock's sector discount rank moved from 42 to 55 among Financial Services companies, indicating a reduced valuation advantage relative to peers. The valuation verdict changed from Undervalued to Fairly valued, reflecting updated assessments of the stock's price relative to fundamental metrics.
• 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
• 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.

Frequently asked questions

Is NDAQ stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), NDAQ is trading at within about 10% of estimated fair value and screens as fairly valued. The exact fair value and discount are available to subscribers.

What is NDAQ's TickrTrends verdict?

NDAQ's current verdict is Fairly valued, refreshed with every weekly Forward Fair Value run.

How does NDAQ compare to other Financial Services stocks?

NDAQ ranks #55 of 167 Financial Services stocks in TickrTrends' coverage by discount to fair value.

Is NDAQ overbought or oversold?

NDAQ's 14-day RSI is in neutral territory - neither overbought nor oversold.

Does NDAQ pay a dividend?

Yes. NDAQ paid $1.16 per share over the last twelve months (4 payments), a 1.24% yield on TickrTrends' last price, and has raised the annual total for 2 consecutive years. The last ex-dividend date was 2026-09-11.

Does NDAQ usually beat earnings estimates?

Over its last 8 reported quarters NDAQ beat the consensus estimate 8 times and missed 0 times, by TickrTrends' comparison of reported and estimated EPS.

What do analysts say about NDAQ?

Of 17 analysts covering NDAQ, 14 rate it a buy, 2 a hold and 1 a sell - buy-leaning, with a consensus price target of $109 (+16.4% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.

More in Financial Services

• NMFC — New Mountain Finance Corporation
• NMIH — NMI Holdings, Inc.
• NTRS — Northern Trust Corporation
• OCFC — OceanFirst Financial Corp.
• OCSL — Oaktree Specialty Lending Corporation
• OIG — Orion180 Insurance Group Inc.
• ONB — Old National Bancorp

All Financial Services fair-value coverage →

Head-to-head comparisons

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