Nasdaq Inc
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Price history
Chart
Interactive price chart (TradingView).
52-week range: 76.90 $ to 106.20 $ · Last price: 106.20 $ (As of: October 30, 2026)
Key figures
Key figures at a glance
Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.
Basics
Performance
Technical Indicators
Calculated from the price history · as of 10/31/2026
Valuation
Profitability
Balance Sheet & Safety
Growth
Dividend
Quality & Screener
Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.
Comparison
Industry comparison
The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.
Industry: Financial Data & Stock Exchanges
| Company | Market cap ($B) | P/E | EV/EBITDA | Gross Margin % | EBIT Margin % | Sales Growth (Year) % | Perf. 1Y % |
|---|---|---|---|---|---|---|---|
| Nasdaq Inc NDAQ | 60.2 | 31.6 | 18.6 | 100.0 | 48.4 | 11.1 | 25.7 |
| S&P Global Inc SPGI | 148.0 | 30.9 | 16.5 | 71.0 | 44.3 | 7.9 | 1.2 |
| CME Group Inc CME | 109.5 | 25.4 | 17.1 | 100.0 | 69.8 | 6.4 | 19.8 |
| Intercontinental Exchange Inc ICE | 94.3 | 24.7 | 14.6 | 100.0 | 57.3 | 7.5 | 9.7 |
| Moodys Corporation MCO | 86.9 | 36.3 | 20.0 | 74.6 | 45.7 | 8.9 | 4.0 |
| MSCI Inc MSCI | 45.4 | 34.5 | 24.1 | 82.9 | 53.7 | 9.8 | 8.4 |
| Coinbase Global Inc COIN | 39.4 | 50.9 | 30.7 | 85.8 | -7.1 | 9.4 | -56.3 |
| Cboe Global Markets Inc CBOE | 35.1 | 27.8 | 16.6 | 54.1 | 39.7 | 15.1 | 43.1 |
| TransUnion TRU | 14.7 | 21.0 | 11.5 | 58.7 | 19.7 | 9.4 | -5.5 |
| Median of companies shown | 60.2 | 30.9 | 17.1 | 82.9 | 45.7 | 9.4 | 8.4 |
Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →
Fiscal years
Annual Figures
Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.
Revenue, operating income and net income per fiscal year $M
Revenue Operating income Net income
| Fiscal Year | Revenue ($M) | EBIT ($M) | Net Income ($M) | EPS ($) | Operating Cash Flow ($M) | Equity ($M) | Total Assets ($M) |
|---|---|---|---|---|---|---|---|
| 2016 | 3,704 | 836 | 108 | 0.21 | 722 | 5,430 | 14,150 |
| 2017 | 3,948 | 991 | 734 | 1.44 | 909 | 5,880 | 15,786 |
| 2018 | 4,277 | 1,028 | 458 | 0.91 | 1,028 | 5,449 | 15,700 |
| 2019 | 4,258 | 1,017 | 774 | 1.55 | 963 | 5,639 | 13,924 |
| 2020 | 5,625 | 1,234 | 933 | 1.86 | 1,252 | 6,436 | 17,979 |
| 2021 | 5,886 | 1,441 | 1,187 | 2.35 | 1,083 | 6,395 | 20,115 |
| 2022 | 6,226 | 1,564 | 1,125 | 2.26 | 1,706 | 6,151 | 20,868 |
| 2023 | 6,064 | 1,578 | 1,059 | 2.08 | 1,696 | 10,816 | 32,294 |
| 2024 | 7,400 | 1,798 | 1,117 | 1.93 | 1,939 | 11,191 | 30,395 |
| 2025 | 8,218 | 2,331 | 1,789 | 3.10 | 2,255 | 12,227 | 31,053 |
Quarters
Quarterly Figures
Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.
Revenue & Profit
Cash Flow
Balance Sheet
Margins
Per Share
Click the chart or tab into it, then use ← and → to step through the periods.
None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.
· Total · per year
These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.
The figures could not be loaded right now.
Source: fundamental data
| Quarter | EPS (Earnings Per Share) | EPS YoY (%) | Sales ($M) | Sales YoY (%) | Net Margin (%) | OCF ($M) | FCF ($M) |
|---|---|---|---|---|---|---|---|
| 2024: Q4 | 0.61 | 71.40 | 2,030 | 23.30 | 17.50 | 705 | 645 |
| 2025: Q1 | 0.68 | 68.70 | 2,096 | 25.20 | 18.80 | 663 | 614 |
| 2025: Q2 | 0.78 | 103.60 | 2,101 | 17.20 | 21.50 | 746 | 687 |
| 2025: Q3 | 0.73 | 38.20 | 1,958 | 2.90 | 21.60 | 221 | 152 |
| 2025: Q4 | 0.90 | 46.80 | 2,087 | 2.80 | 24.40 | 625 | 536 |
| 2026: Q1 | 0.91 | 33.10 | 2,137 | 2.00 | 24.30 | 689 | 629 |
| 2026: Q2 | 0.89 | 14.10 | 2,532 | 20.50 | 20.00 | 711 | 634 |
| 2026: Q3 | 0.96 | 31.50 | 2,393 | 22.20 | 22.60 | 521 | 459 |
What Do These Terms Mean?
- EPS (Earnings Per Share):
- Quarterly profit divided by the total share count — how much of the profit works out to a single share.
- YoY (Year over Year):
- Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
- Sales:
- All revenue for the quarter, before any costs are deducted — the top line of the income statement.
- Net Margin:
- What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
- OCF (Operating Cash Flow):
- The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
- FCF (Free Cash Flow):
- Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.
Outlook
Analysts & Price Target
Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.
Distribution of Recommendations
Estimates by Fiscal Year
| Fiscal Year | EPS Estimate ($) | EPS Range ($) | Revenue Estimate ($M) | Expected Growth | Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4.14 | 4.08 – 4.18 | 5,923 | 19.0% | 16 |
| 12/31/2027 | 4.75 | 4.55 – 5.01 | 6,454 | 14.6% | 17 |
Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.
Valuation
What is priced in?
Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.
Today’s market value implies roughly 11.6% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).
| Free cash flow (last twelve months) | $2.26B |
|---|---|
| Market cap | $60.15B |
| Free cash flow in year ten | $6.77B |
| Terminal value as a share of market value | 59.3% |
For comparison: over the past five years free cash flow grew by 13.3% per year.
It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.
A simplified model calculation — not a forecast and not a recommendation.
AI classification
AI Rating
Not yet rated — we only show a category once an SEC-backed file with at least two cited passages is available.
Growth
Growth Score
Ten checks against the annual reports — each one passed counts a point.
- Revenue grows by more than 15% a year over three years 9.7%
- More than 10% revenue growth is expected for the coming year 8.4%
- Share count grows by less than 3% a year 5.0%
- Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 35.3%
- Gross margin at 40% or higher and without meaningful erosion 47.9%
- Goodwill from acquisitions does not grow faster than revenue 46.3%
- Net debt below twice EBITDA 2.9 x EBITDA
- Operating cash flow covers the profits of the last three years 1,925 m
- Return on capital at 15% or higher, or up versus two years ago 10.1%
- Insiders hold at least 10% or are net buyers 10.9%
A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail
Quality check
AAQS
7/10The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).
- Sales growth 10Y > 5% 9.3%
- Exp. sales growth 3Y > 5% -11.4%
- EBIT growth 10Y > 5% 12.1%
- Exp. EBIT growth 3Y > 5% 23.7%
- Net debt < 4x EBIT 3.9x
- EBIT positive, 10Y straight 10
- Max. EBIT decline < 50% 1.1%
- Return on equity > 15% –
- ROCE > 15% 10.1%
- Expected return > 10% 27.8%
View stocks with the full AAQS score · Read the methodology at AlleAktien
Source: fundamental data
Insiders
Insider Transactions
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 27, 2026 | Peterson Bradley J | EVP, CIO | Sell | 3,987 | 104.75 | 417,638 |
| Oct 23, 2026 | Tal Cohen | Pres. Market Platforms | Sell | 10,390 | 103.34 | 1,073,703 |
| Oct 23, 2026 | Peterson Bradley J | EVP, CIO | Sell | 4,000 | 103.38 | 413,520 |
| Oct 20, 2026 | Skule Jeremy | EVP, CSO | Sell | 1,125 | 95.00 | 106,875 |
| Oct 12, 2026 | Skule Jeremy | EVP, CSO | Sell | 1,125 | 94.13 | 105,896 |
| Oct 1, 2026 | Skule Jeremy | EVP, CSO | Other | 1,262 | 92.01 | 116,117 |
| Sep 22, 2026 | Skule Jeremy | EVP, CSO | Sell | 1,125 | 95.00 | 106,875 |
| Sep 10, 2026 | Skule Jeremy | EVP, CSO | Sell | 1,125 | 94.22 | 105,998 |
| Aug 10, 2026 | Skule Jeremy | EVP, CSO | Sell | 2,250 | 94.75 | 213,188 |
| Aug 10, 2026 | Griggs PC Nelson | Pres. Capital Access Platforms | Sell | 3,226 | 96.16 | 310,212 |
The company
About the Company
Nasdaq, Inc. ist ein Technologieunternehmen, das Kapitalmärkte und andere Branchen in den USA und international bedient.
- CEO Insider Trades (12 Mo.)
- selling own stock
- Employees
- 9,593
- Headquarters
- New York, NY
- Address
- 151 West 42nd Street, 10036 New York, United States
- Phone
- 212 401 8700
- Website
- nasdaq.com
- IPO Date
- 07/01/2002
- ISIN
- US6311031081
- Stock Split
- 3:1 on 08/29/2022
Management
| Name | Title | Birth Year |
|---|---|---|
| Adena T. Friedman | CEO & Chairman | 1970 |
| P. C. Nelson Griggs | President | 1971 |
| Tal Cohen | President | 1973 |
| Sarah M. Youngwood | Executive VP & CFO | 1974 |
| Bradley J. Peterson | Executive VP, Chief Information Officer & CTO | 1960 |
| Michelle Lynn Daly | Senior VP, Controller & Principal Accounting Officer | 1977 |
| Ato Garrett | Senior VP & Investor Relations Officer | – |
| John A. Zecca J.D. | Executive VP and Global Chief Legal, Risk & Regulatory Officer | 1968 |
| Brian Buckley | Senior VP & Chief Marketing Officer | – |
| Bryan Everard Smith | Executive VP & Chief People Officer | 1973 |
Executives per the latest required filings; titles kept in their original language. Source: fundamental data.
Filings
Company Filings (8-K)
An 8-K is the filing a US company must use to disclose material events immediately — takeovers, changes at the top, major contracts or payment troubles, for instance. The links open the original document at the US Securities and Exchange Commission (SEC).
- 10/26/2026 NASDAQ, INC. (NDAQ): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers; Financial Statements and Exhibits SEC ↗
- 10/22/2026 NASDAQ, INC. (NDAQ): Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits SEC ↗
- 07/23/2026 NASDAQ, INC. (NDAQ): Results of Operations and Financial Condition; Regulation FD Disclosure; Other Events; Financial Statements and Exhibits SEC ↗
Data as of: October 30, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.