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$NDAQ

23 stories mentioning NDAQUpdated 6d ago

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Wire

Nasdaq's Solutions Revenue Growth Likely to Remain Above Range in 2026, UBS Securities Says

Nasdaq's (NDAQ) solutions segment's revenue growth is likely to remain above the range in 2026, implying a robust growth profile compared with information services peers, UBS Securities said in a note Thursday.The company outperformed in Q2, and the quarter highlighted that it is uniquely positioned to benefit from dynamic end markets, according to the note.Nasdaq's Verafin growth is poised to accelerate as the onboarding of major deals since H2 2025 starts to reflect in revenue, analysts wrote. Data and analytics businesses are benefiting from elevated AI-driven usage, while client expansion should support data demand, they added.The brokerage said it raised its 2026 earnings per share outlook by 2% to $4.09 on higher revenue estimates for index, and data and listings.UBS Securities maintained its buy rating and $120 price target on the stock.Nasdaq shares were up more than 2% in Friday trading.Price: $92.63, Change: $+2.21, Percent Change: +2.44%

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Wire

Nasdaq's Growth Outlook Supported by AI, Capital Markets Recovery, Morgan Stanley Says

Nasdaq (NDAQ) is well-positioned for sustained earnings growth, driven by a recovering capital markets environment and long-term catalysts such as AI, tokenization, extended-hours trading and market technology that continue to expand its recurring revenue base, Morgan Stanley said in a Friday note.Analysts cited strong Verafin momentum, record index assets under management and ETF inflows, a broader IPO market recovery and rising AI product adoption as key drivers supporting Nasdaq's recurring revenue growth into 2027.Meanwhile, Nasdaq remains on track to launch 23/5 equities trading and event options later this year, the note said, adding that tokenization and AI initiatives are also expected to expand the company's long-term market opportunity.The company also said crypto perpetual futures pose minimal revenue risk, with potential overlap accounting for less than 1% of revenue, according to the note.Morgan Stanley raised its 2026 and 2027 earnings estimates after Nasdaq's stronger-than-expected Q2 results, forecasting Solutions organic revenue growth of 14.9% in 2026 and 10.8% in 2027, above the company's medium-term target of 9% to 12%.Morgan Stanley maintained its overweight rating on the stock and raised its price target to $120 from $112.Price: $91.37, Change: $+0.95, Percent Change: +1.05%

$NDAQ
Sectors

Sector Update: Financial Stocks Softer Late Afternoon

Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.4%.The Philadelphia Housing Index was falling 1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) eased 0.2%.Bitcoin (BTC-USD) was declining 1.6% to $64,752, and the yield for 10-year US Treasuries rose 4.6 basis points to 4.70%.In sector news, the US Justice Department will return to implementing targeted probes to expedite the review of merger deals, it said Thursday. The DOJ is "working to eliminate bureaucratic burdens while still preserving the integrity of Second Request investigations, which are aimed at protecting American consumers and affordability," said Associate Attorney General Stanley E. Woodward Jr.In corporate news, Zions Bancorporation (ZION) shares fell 1.5% after Evercore ISI downgraded the stock to underperform from inline and cut its price target to $68 per share from $74.Ares Management (ARES) received clearance from the European Commission to acquire joint control of Eni Plenitude alongside parent Eni (E), the EU's competition watchdog said Thursday. Ares shares rose 1.6%.Nasdaq (NDAQ) shares were up 0.4% after the company posted higher Q2 non-GAAP earnings and net revenue.KKR (KKR) plans to gradually sell its stake in Taiwan's LCY Chemical, Bloomberg reported, citing LCY Group Chairman Bowei Lee. KKR shares added 0.5%.

$ARES$KKR$NDAQ$ZION
Sectors

Sector Update: Financial Stocks Softer in Afternoon Trading

Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index decreasing 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) shedding 0.6%.The Philadelphia Housing Index was falling 1.3%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.2%.Bitcoin (BTC-USD) was declining 2% to $64,717, and the yield for 10-year US Treasuries was rising 4.2 basis points to 4.70%.In sector news, the US Justice Department will return to implementing targeted probes to expedite the review of merger deals, it said Thursday. The DOJ is "working to eliminate bureaucratic burdens while still preserving the integrity of Second Request investigations, which are aimed at protecting American consumers and affordability," said Associate Attorney General Stanley E. Woodward Jr.In corporate news, Ares Management (ARES) received clearance from the European Commission to acquire joint control of Eni Plenitude alongside parent Eni (E), the EU's competition watchdog said Thursday. Ares shares rose 1.5%.Nasdaq (NDAQ) shares were up 0.7% after the company posted higher Q2 non-GAAP earnings and net revenue.KKR (KKR) plans to gradually sell its stake in Taiwan's LCY Chemical, Bloomberg reported, citing LCY Group Chairman Bowei Lee. KKR shares added 0.3%.Coinbase (COIN) plans to expand its Singapore workforce to about 200 employees by the end of 2026 from around 150 currently, despite broader global job cuts, The Business Times reported, citing Singapore Country Director Hassan Ahmed. Coinbase shares were down 1.4%.

$ARES$COIN$KKR$NDAQ
Sectors

Sector Update: Financial Stocks Lean Lower Pre-Bell Thursday

Financial stocks were leaning lower pre-bell Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.3%.The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.2% higher.Nasdaq (NDAQ) shares were up more than 1% after the company posted higher Q2 non-GAAP earnings and net revenue.First Citizens BancShares (FCNCA) stock was up more than 2% after the company reported higher Q2 adjusted earnings and revenue.Blackstone (BX) stock was down 0.7% even after the company reported higher Q2 distributable earnings and revenue.

$BX$FAS$FAZ$FCNCA$NDAQ$XLF
Sectors

Sector Update: Financial

Financial stocks were leaning lower pre-bell Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) declining by 0.4%.The Direxion Daily Financial Bull 3X Shares (FAS) was down 1.2% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 1.2% higher.Nasdaq (NDAQ) shares were up more than 2% after the company posted higher Q2 non-GAAP earnings and net revenue.

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Wire

JPMorgan Adjusts Nasdaq Price Target to $112 From $111, Maintains Overweight Rating

Nasdaq (NDAQ) has an average rating of buy and mean price target of $108.13, according to analysts polled by FactSet.Price: $88.71, Change: $+0.63, Percent Change: +0.72%

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Wire

Market Chatter: Nasdaq Sees SK Hynix IPO Driving More Foreign Listings

Nasdaq (NDAQ) president Nelson Griggs said SK Hynix's (SKHYV) listing is driving interest among other international companies in exploring a US initial public offering or the sale of American depositary receipts, Bloomberg reported Friday, citing a television interview with Griggs.Of the top 10 raises this year, four have been international, Griggs said, according to the report.Nasdaq and SK Hynix did not immediately respond to' request for comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $168.38, Change: $+19.38, Percent Change: +13.01%

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Insider Trading

Nasdaq Insider Sold Shares Worth $260,730, According to a Recent SEC Filing

Bryan Everard Smith, Executive Vice President and Chief People Officer, on June 11, 2026, sold 3,000 shares in Nasdaq (NDAQ) for $260,730. Following the Form 4 filing with the SEC, Smith has control over a total of 71,944 common shares of the company, with 71,944 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1120193/000119312526271080/xslF345X05/ownership.xml

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Wire

Market Chatter: SpaceX Options to Start Trading Tuesday After Shares Debut

Space Exploration Technologies (SPCX) options will begin trading Tuesday after the company's shares debuted on Friday, Bloomberg reported.SpaceX options will be listed on Cboe Global Markets (CBOE) and Nasdaq (NDAQ), spokespeople for the exchanges said, according to the report.Other exchanges, including Intercontinental Exchange's (ICE) NYSE and Miami International Holdings, are expected to list the options early next week, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $174.97, Change: $+39.97, Percent Change: +29.61%

$CBOE$ICE$NDAQ$SPCX
Sectors

Sector Update: Financial Stocks Softer Late Afternoon

Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index down 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.2%.The Philadelphia Housing Index fell 2.8%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.2%.Bitcoin (BTC-USD) was fractionally lower at $61,685, and the yield for 10-year US Treasuries rose 1.4 basis points to 4.542%.In economic news, the US seasonally adjusted consumer price index, a measure of inflation, rose by 0.5% in May, as expected, following a 0.6% increase in April, according to data released Wednesday by the Bureau of Labor Statistics. Core CPI, which excludes food and energy prices, rose by 0.2%, below the consensus estimate for a 0.3% increase. Core CPI rose by 0.4% in April. The year-over-year rates for overall and core CPI increased to 4.2% and 2.9%, respectively, from 3.8% and 2.8% in the previous month.In corporate news, JPMorgan Chase (JPM) and Bank of America (BAC) are among the major US banks that have received subpoenas from the Justice Department seeking information over whether they "debanked" clients for political reasons, The Wall Street Journal reported. JPMorgan shares were down 0.4%, and Bank of America rose 0.7%.Visa (V) said Wednesday its payment services will be integrated into OpenAI's platform to allow retailers to accept purchases from AI agents. Visa shares were shedding 0.4%.Nasdaq (NDAQ) Verafin is launching a new set of agentic workers, beginning with the Agentic AML Analyst and the Agentic Fraud Analyst, the firm said. The shares were down 0.8%.Brookfield Asset Management (BAM) is expanding its offerings for wealthy investors in Japan, targeting infrastructure, real estate, and private credit as hedges against inflation, Nikkei reported. Brookfield shares were falling 3.2%.

$BAC$BAM$JPM$NDAQ$V
Sectors

Sector Update: Financial Stocks Edge Lower Wednesday Afternoon

Financial stocks were softer in Wednesday afternoon trading, with the NYSE Financial Index 0.1% lower and the State Street Financial Select Sector SPDR ETF (XLF) down 0.2%.The Philadelphia Housing Index was falling 2.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was adding 0.5%.Bitcoin (BTC-USD) was increasing 0.6% to $62,078, and the yield for 10-year US Treasuries rose 1.2 basis points to 4.54%In economic news, the US seasonally adjusted consumer price index, a measure of inflation, rose by 0.5% in May, as expected, following a 0.6% increase in April, according to data released Wednesday by the Bureau of Labor Statistics. Core CPI, which excludes food and energy prices, rose by 0.2%, below the consensus estimate for a 0.3% increase. Core CPI rose by 0.4% in April. The year-over-year rates for overall and core CPI increased to 4.2% and 2.9%, respectively, from 3.8% and 2.8% in the previous month.In corporate news, Brookfield Asset Management (BAM) is expanding its offerings for wealthy investors in Japan, targeting infrastructure, real estate, and private credit as hedges against inflation, Nikkei reported. Brookfield shares were down 1.2%.Nasdaq (NDAQ) Verafin is launching a new set of agentic workers, beginning with the Agentic AML Analyst and the Agentic Fraud Analyst, the firm said. Shares were down 0.7%.Ares Management (ARES) has closed its Ares Pathfinder Fund III and Ares Pathfinder Fund III (Offshore), known together as Pathfinder III, at $8.5 billion in commitments, the company said Wednesday. Ares shares declined 1%.

$ARES$BAM$NDAQ
Wire

Argus Adjusts Price Target on Nasdaq to $103 From $98

Nasdaq (NDAQ) has an average rating of buy and mean price target of $110.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $91.54, Change: $-0.37, Percent Change: -0.40%

$NDAQ
Insider Trading

Nasdaq Insider Sold Shares Worth $700,222, According to a Recent SEC Filing

Bradley J Peterson, Executive Vice President and Chief Information Officer, on April 28, 2026, sold 7,710 shares in Nasdaq (NDAQ) for $700,222. Following the Form 4 filing with the SEC, Peterson has control over a total of 141,035 common shares of the company, with 141,035 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1120193/000119312526197102/xslF345X05/ownership.xml

$NDAQ
Wire

Argus Raises Nasdaq Price Target to $103 From $98

Nasdaq (NDAQ) has an average rating of Buy and mean price target of $110.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $91.63, Change: $+0.36, Percent Change: +0.40%

$NDAQ
Wire

Rothschild & Co Redburn Adjusts Nasdaq Price Target to $109 From $104, Maintains Buy Rating

Nasdaq (NDAQ) has an average rating of Buy and mean price target of $110.06, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $91.24, Change: $-0.07, Percent Change: -0.08%

$NDAQ
Research

Research Alert: Ndaq: Q1 Earnings Beat As Financial Technology Surges

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Nasdaq Inc. (NDAQ) posted solid Q1 2026 results with operating EPS of $0.96 vs. $0.79 a year ago, beating consensus by $0.03, while net revenue of $1.41B rose 14% Y/Y and beat estimates by 2%. Operating margin expanded 170 bps to 56.8%, demonstrating strong operational leverage alongside accelerating revenue growth for two consecutive quarters. Financial Technology exploded 20% higher with record Q1 ACV bookings up 50%+ Y/Y, as Verafin added 58 new clients and Agentic AI gained traction with 500+ clients in production. Market Services delivered record results with 13% growth supported by record industry volumes, while Index options revenue more than doubled for the third consecutive quarter. The Index business showed resilience with $6B in Q1 net inflows and record average ETP AUM of $877B. We view these results as strong validation of NDAQ's diversified growth strategy, with innovation-driven products from the past five years accounting for 46% of trailing-12-month net inflows.

$NDAQ
Wire

Nasdaq Faces Upside as AI Fears Fade and Investors Feel Confident About Growth, UBS Says

Nasdaq (NDAQ) continues to execute well, and the stock could move higher as concerns around artificial intelligence fade and investors feel more confident in its growth trajectory, UBS Securities said in a report Friday, keeping the stock as a top pick.UBS said it remains bullish on Nasdaq following Q1 results, given strong underlying growth across all segments, with a notable acceleration in FinTech organic annual recurring revenue growth of 16.3% year-over-year.Growth in the FinTech segment progressed due to strong performance in the Capital Markets Technology business, which saw 20.5% revenue growth and added $84 million in Q1 ARR, according to the note.In Capital Access Platforms, an expected recovery in capital markets should be constructive, while the introduction of 23/5 trading is seen as a tailwind for market data, the firm noted. UBS expects near-term revenue acceleration for the Index business, with revenue growth of 17.2% forecasted for Q2.The brokerage said it adjusted its fiscal 2026 EPS estimate to $3.89 from $3.90 and fiscal 2027 EPS forecast to $4.39 from $4.37.UBS maintained a buy rating on Nasdaq with a price target of $120.Price: $89.65, Change: $+2.60, Percent Change: +2.99%

$NDAQ
Wire

Goldman Sachs Lifts Price Target on Nasdaq to $102 From $98, Maintains Buy Rating

Nasdaq (NDAQ) has an average rating of Buy and mean price target of $109.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $89.16, Change: $+2.12, Percent Change: +2.43%

$NDAQ
Research

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Nasdaq, Inc.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Following strong Q1 results and accounting for economic uncertainty, we reduce our 12-month target price by $15 to $120, applying a forward P/E of 27.0x our 2027 EPS estimate, above NDAQ's five-year average forward P/E of 23.5x, given continued wins in financial crime and momentum in the Index segment. We increase our 2026 EPS estimate by $0.03 to $3.98 and raise 2027's by $0.18 to $4.44. NDAQ is firing on all cylinders with no signs of AI disrupting its strong competitive moat. In fact, performance is accelerating. The company posted its strongest Q1 organic growth since 2021 across net revenue, solutions revenue, and operating income. Record revenue growth in Financial Technology was particularly encouraging as we have long argued that NDAQ holds a competitive advantage with Verafin and its industry leading anti-financial crime solutions. Momentum is building in Verafin, which added 58 new small and medium bank clients in Q1, a 24% Y/Y increase, signaling a bright outlook ahead.

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