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NDAQ

NDAQ

Financial Services · Financial Data & Stock Exchanges

$89.33-1.88%
Mkt Cap: $50.52BDY: 1.23%

Performance

NDAQ (NDAQ) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

NDAQ (NDAQ) operates in the Financial Data & Stock Exchanges space within the Financial Services sector. With a market cap of $50.5B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.

Bull Case5
  • Forward P/E (20.1×) is lower than trailing P/E (26.9×) — analysts expect earnings to improve
  • Revenue growth of 14% YoY shows solid business momentum
  • Earnings grew 34% YoY — bottom-line is expanding fast
  • Exceptional profit margin of 35.3% — the business retains a large share of each dollar earned
  • ROE of 16.2% shows management efficiently converts equity into profit
Bear Case3
  • P/E of 26.9× is above average — valuation requires continued strong growth to justify
  • High debt-to-equity of 79.06× increases financial risk, especially with elevated interest rates
  • Current ratio below 1 (1.00×) — short-term liabilities exceed current assets

Verdict

Buy / Hold

More positives than negatives. Fundamentals support holding while monitoring key risks.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

1.23%

5Y Avg Annual

$0.8420

Last Payment

$0.3100

Ex-Date

06/12/2026

Annual dividends paid per share

2012
2019
2026
Ex-DatePaymentAmountEst. DY
Latest06/12/2026
06/26/2026$0.31001.39%
03/16/2026
03/30/2026$0.27001.21%
12/05/2025
12/19/2025$0.27001.21%
09/12/2025
09/26/2025$0.27001.21%
06/13/2025
06/27/2025$0.27001.21%
03/14/2025
03/28/2025$0.24001.07%
12/06/2024
12/20/2024$0.24001.07%
09/13/2024
09/27/2024$0.24001.07%

Magic Number

Shares needed to self-fund your next purchase

$89.33

Price

÷

$0.3100

Last div. (quarterly)

=

289

shares

Own 289 NDAQ shares ($25,814.93) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$25,814.93

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

Next Earnings

Jul 23, 2026

37

days

EPS (TTM)

$3.32

P/E (TTM)

26.9

Fwd P/E

20.1

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$50.52B
P/E Ratio26.91
Forward P/E20.13
P/B Ratio
PEG Ratio2.17
EPS (TTM)$3.32

Trading

Open
Day High
Day Low
52W High$101.79
52W Low$77.09
Volume
Avg Volume (3M)3,146,479
Beta0.97

Dividends

Dividend Yield1.23%
Annual Rate$1.12
Ex-Div Date2026-06-12
Payout Ratio32.53%

Profitability

Profit Margin35.28%
Operating Margin48.40%
ROE16.20%
ROA5.55%
Revenue Growth13.70%
Earnings Growth33.80%

Balance Sheet

Total Revenue$5.42B
Total Debt$9.52B
Debt / Equity79.06
Current Ratio1.00
Free Cash Flow$1.56B

Fair Value Estimates

Current price: $89.33

Graham Number

√(22.5 × EPS × Book Value)

$39.90

-55.3% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$14.44

-83.8% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

8/10

80% score

Pays dividends

14Y hist.

14+ years of dividend history

Dividend consistency (5Y+)

14 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

16.2%

Return on equity — measures how efficiently capital is used

Positive profit margin

35.3%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+13.7%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+33.8%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

79.06×

Low financial leverage reduces risk of distress

Current ratio above 1

1.00×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$281M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

1.23%

Stock must distribute income to shareholders

Related Assets

Financial Services

About NDAQ

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries in the United States and internationally. It operates through three segments: Capital Access Platforms, Financial Technology, and Market Services. The company distributes historical and real-time market data; develops and licenses Nasdaq-branded indices and financial products; provides investor relations intelligence, governance solutions, and sustainability solution products for public and private companies, and organizations, as well as insights and workflow solutions; and operates listing platforms. It also offers Verafin, a cloud-based platform to detect, investigate, and report money laundering and financial frauds; AxiomSL, a risk data management and regulatory reporting solution; cloud-enabled and on-premises surveillance solutions to assist in complying with market rules, regulations, and internal market surveillance policies; Calypso, a platform providing cross-asset, front-to-back trading, treasury, risk, and collateral management solutions; and trade management and colocation services, as well as handles assets comprising cash equities, equity derivatives, currencies, various interest-bearing securities, commodities, energy products, and digital currencies. In addition, the company provides equity derivative trading and clearing, cash equity trading and fixed income, currency and commodities trading, and fixed income trading and clearing services, as well as tape plan data services; operates various exchanges, including derivatives, commodities, cash equity, debt, structured products, and exchange traded products; and offers clearing, settlement, and central depository services. The company was formerly known as The NASDAQ OMX Group, Inc. and changed its name to Nasdaq, Inc. in September 2015. Nasdaq, Inc. was founded in 1971 and is headquartered in New York, New York.

Sector

Financial Services

Industry

Financial Data & Stock Exchanges

Location

New York, United States

Employees

9,613