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Nasdaq (CH:NAQ)
:NAQ

Nasdaq (NAQ) Price & Analysis

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NAQ Stock Chart & Stats

Currently, no data available
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Bulls Say, Bears Say

Bulls Say
Recurring Revenue / ARR MomentumGrowing ARR to $3.3B and a rising SaaS mix indicate a larger base of predictable, contractually recurring revenue. This reduces dependence on transaction volatility, supports steadier cash flow and margin visibility, and underpins multi-quarter revenue durability and valuation resilience.
High Margins And Cash ConversionStrong operating margins and near‑100% FCF conversion signal high earnings quality and internal funding capacity. Durable cash generation supports buybacks, dividends, debt paydown and M&A optionality, providing financial flexibility across 2–6 months and beyond.
Market Position & Technology-led GrowthLeadership in market infrastructure, expanding FinTech and Verafin footprints, plus AI-enabled product launches strengthen competitive moats. Recurring tech contracts, cross‑sell potential and index/ETP momentum create sustainable revenue streams and client stickiness.
Bears Say
High Absolute Debt LoadAlthough leverage metrics improved, a sizable $9.2B absolute debt stock constrains capital flexibility. In a rising‑rates or weaker‑cash environment, interest and covenant sensitivity could limit buybacks/M&A or force tighter operating priorities over the next several quarters.
Rising Operating Expense GuidanceManagement raised expense guidance driven by higher comp and IPO marketing. Persistent elevated SG&A will compress near‑term operating leverage and require revenue growth to outpace expense increases for margin expansion to continue over the medium term.
Segment Mix And Capture PressureFlat Corporate Solutions and adverse market capture/mix shifts show parts of the business remain sensitive to client behavior and product mix. These structural headwinds can mute revenue per transaction and slow margin upside until product repositioning or client adoption improves.

Nasdaq News

NAQ FAQ

What was Nasdaq’s price range in the past 12 months?
Currently, no data Available
What is Nasdaq’s market cap?
Nasdaq’s market cap is CHF43.72B.
    When is Nasdaq’s upcoming earnings report date?
    Nasdaq’s upcoming earnings report date is Oct 21, 2026 which is in 82 days.
      How were Nasdaq’s earnings last quarter?
      Nasdaq released its earnings results on Jul 23, 2026. The company reported CHF0.876 earnings per share for the quarter, beating the consensus estimate of CHF0.805 by CHF0.07.
        Is Nasdaq overvalued?
        According to Wall Street analysts Nasdaq’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Nasdaq pay dividends?
          Nasdaq does not currently pay dividends.
          What is Nasdaq’s EPS estimate?
          Nasdaq’s EPS estimate is 0.83.
            How many shares outstanding does Nasdaq have?
            Currently, no data Available
            What happened to Nasdaq’s price movement after its last earnings report?
            Nasdaq reported an EPS of CHF0.876 in its last earnings report, beating expectations of CHF0.805. Following the earnings report the stock price went same N/A.
              Which hedge fund is a major shareholder of Nasdaq?
              Currently, no hedge funds are holding shares in CH:NAQ
              What is the TipRanks Smart Score and how is it calculated?
              Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                Company Description

                Nasdaq

                Nasdaq, Inc., a technology powerhouse founded in 1971 and based in New York City, is dedicated to supporting capital markets and various other sectors worldwide. Its Market Technology division specializes in fighting financial crime, offering products like Nasdaq Trade Surveillance, a SaaS solution that assists brokers and market participants in meeting compliance requirements and internal surveillance policies. This segment also provides Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool, and Verafin, a SaaS provider for anti-financial crime management. Furthermore, this division handles a wide array of assets, including cash equities, equity derivatives, global currencies, interest-bearing securities, commodities, energy resources, and digital currencies. The Investment Intelligence segment is responsible for distributing both historical and live market data, creating and licensing Nasdaq-branded financial indexes and products, and delivering valuable investment insights and workflow solutions. Through its Corporate Platforms, Nasdaq manages operational listing venues and furnishes specialized intelligence for investor relations, alongside comprehensive governance services. The Market Services segment covers a broad spectrum of operations, including the trading and clearing of equity derivatives, cash equities, fixed income, and commodities, in addition to providing trade management services. This division operates numerous exchanges and marketplace facilities that accommodate diverse asset classes such as derivatives, commodities, cash equity, debt, structured products, and exchange-traded products, while also offering crucial broker, clearing, settlement, and central depository functionalities. As of December 31, 2021, The Nasdaq Stock Market proudly listed 4,178 companies, specifically 1,632 on The Nasdaq Global Select Market, 1,169 on The Nasdaq Global Market, and 1,377 on The Nasdaq Capital Market. The company adopted its current name, Nasdaq, Inc., in September 2015, having previously been known as The NASDAQ OMX Group, Inc.

                Nasdaq (NAQ) Earnings & Revenues

                NAQ Company Deck

                NAQ Earnings Call

                Q2 2026
                0:00 / 0:00
                Earnings Call Sentiment|Positive
                The call emphasized broad-based, multi-division growth, record milestones (Index AUM >$1T, EPS growth, strong free cash flow) and accelerating AI-driven product adoption. Weaknesses were mostly operational and timing-related: higher expenses, a challenging Corporate Solutions environment, mix-driven capture pressure in certain Market Services lines, tougher comps and slower international sales cycles in some areas. Overall, the positive financial momentum, recurring revenue strength and capital returns outweigh the manageable execution and timing headwinds.View all CH:NAQ earnings summaries

                NAQ Revenue Breakdown

                25.87%25.87%22.39%51.00%0.74%
                25.87% Capital Access Platforms
                22.39% Financial Technology
                51.00% Market Services
                0.74% Other revenues
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                NAQ Stock 12 Month Forecast

                Average Price Target

                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