
Nasdaq (NDAQ) Stock Forecast & Price Target
Nasdaq (NDAQ) Analyst Ratings
Bulls say
Nasdaq's financial performance demonstrates strong growth potential, highlighted by a 17% year-over-year increase in Index revenue, primarily driven by a significant 25% rise in average Exchange-Traded Product (ETP) Assets Under Management (AUM), which reached approximately $663 billion. The company’s annual recurring revenue (ARR) also showed robust growth with a 9% year-over-year increase, while its Software as a Service (SaaS) revenue grew by 12%, contributing 37% to the total ARR, indicating a shift towards more stable revenue sources. Additionally, Nasdaq’s commitment to operational efficiency is evident as it improved its gross leverage ratio to 3.2x, driven by strong free cash flow generation, allowing it to proactively manage its debt and enhance its balance sheet.
Bears say
The negative outlook on Nasdaq's stock stems from several fundamental concerns, primarily the anticipated 10% reduction in fiscal year 2026 estimated earnings per share (EPS) due to a prolonged recovery in capital markets and subpar growth in its financial technology segment, specifically Adenza. Additionally, the company faces significant risks, including persistent weakness in the IPO market, low trading volumes, challenges associated with integrating newly acquired technologies, and potential adverse impacts from new regulatory frameworks that may arise in the U.S. and Europe. These factors collectively suggest a challenging environment for Nasdaq, potentially resulting in decreased trading activity and profitability moving forward.
This aggregate rating is based on analysts' research of Nasdaq and is not a guaranteed prediction by Public.com or investment advice.
Nasdaq (NDAQ) Analyst Forecast & Price Prediction
Start investing in Nasdaq (NDAQ)
Order type
Buy in
Order amount
Est. shares
0 shares