Nasdaq, Inc. (NDAQ) Backed by Wall Street Analysts as Growth Momentum Builds
Wall Street sentiment toward Nasdaq, Inc. remains firmly positive following strong quarterly results. Analysts project solid full-year profit growth as brokerages maintain an average price target of $113.53.
Wall Street analysts continue to express a positive stance on Nasdaq, Inc. (NDAQ). According to Yahoo Finance, 21 analysts track the financial technology and exchange operator, resulting in a consensus rating of Strong Buy based on 14 Strong Buy, three Moderate Buy, and four Hold recommendations. This reflects an increase in optimism compared to a month earlier, when the stock held 13 Strong Buy ratings. Separately, MarketBeat reports a consensus rating of Moderate Buy among 19 brokerage firms, with an average 12-month price objective of $113.53.
Analyst revisions followed the company's third-quarter 2026 earnings release on October 22. In research updates following the report, Goldman Sachs lifted its price target on the stock to $120 from $109 while keeping a Buy rating, pointing to gains in annual recurring revenue across financial technology, rising index inflows, market data demand, and tokenization potential. JPMorgan Chase raised its target to $122 from $120 with an Overweight rating, and Deutsche Bank reaffirmed a Buy rating with a $118 price target.
The positive sentiment aligns with third-quarter operational performance. On October 22, Nasdaq reported adjusted earnings per share of $1.04, exceeding the consensus estimate of $1.02. For the full year ending in December, analysts anticipate diluted earnings per share will advance 19.3% to $4.15. The firm also disclosed a regular quarterly dividend of $0.31 per share payable on December 18 to stockholders of record as of December 4, translating to an annualized payout of $1.24 per share.
Regulatory disclosures show ongoing insider share activity alongside third-quarter institutional repositioning. On November 4, Executive Vice President Bradley Peterson sold 5,000 shares at an average price of $107.75, totaling $538,750.00. That same day, insider Tal Cohen sold 2,286 shares at an average price of $109.40, totaling $250,088.40, following an earlier sale of 10,390 shares on October 23. Over the past 90 days, corporate insiders sold 32,452 shares valued at $3,366,669, retaining a 0.60% ownership stake in the firm.