Analysts' ratings for Nasdaq NDAQ over the last quarter vary from bullish to bearish, as provided by 21 analysts.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 14 | 4 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 5 | 2 | 0 | 0 |
| 3M Ago | 2 | 7 | 2 | 0 | 0 |
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $85.86, along with a high estimate of $97.00 and a low estimate of $79.00. Witnessing a positive shift, the current average has risen by 3.93% from the previous average price target of $82.61.
Breaking Down Analyst Ratings: A Detailed Examination
An in-depth analysis of recent analyst actions unveils how financial experts perceive Nasdaq. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Kyle Voigt | Keefe, Bruyette & Woods | Raises | Outperform | $91.00 | $86.00 |
| Benjamin Budish | Barclays | Raises | Overweight | $97.00 | $87.00 |
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $88.00 | $88.00 |
| Brian Bedell | Deutsche Bank | Raises | Hold | $80.00 | $78.00 |
| Kevin Heal | Argus Research | Raises | Buy | $82.00 | $76.00 |
| Bill Katz | TD Cowen | Lowers | Hold | $80.00 | $81.00 |
| Benjamin Budish | Barclays | Raises | Overweight | $87.00 | $84.00 |
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $88.00 | $88.00 |
| Owen Lau | Oppenheimer | Raises | Outperform | $86.00 | $84.00 |
| Michael Cyprys | Morgan Stanley | Raises | Overweight | $93.00 | $92.00 |
| Michael Cyprys | Morgan Stanley | Raises | Overweight | $92.00 | $85.00 |
| Patrick O'Shaughnessy | Raymond James | Announces | Outperform | $82.00 | - |
| Owen Lau | Oppenheimer | Raises | Outperform | $84.00 | $80.00 |
| Alex Kramm | UBS | Raises | Neutral | $79.00 | $73.00 |
| Ashish Sabadra | RBC Capital | Maintains | Outperform | $88.00 | $88.00 |
| Richard Repetto | Piper Sandler | Raises | Overweight | $80.00 | $73.00 |
| Benjamin Budish | Barclays | Raises | Overweight | $84.00 | $77.00 |
| Craig Siegenthaler | B of A Securities | Lowers | Buy | $88.00 | $90.00 |
| Alexander Blostein | Goldman Sachs | Raises | Buy | $83.00 | $77.00 |
| Ashish Sabadra | RBC Capital | Announces | Outperform | $88.00 | - |
| Bill Katz | TD Cowen | Announces | Hold | $83.00 | - |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Nasdaq. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Nasdaq compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Nasdaq's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Nasdaq's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Nasdaq analyst ratings.
Get to Know Nasdaq Better
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
Financial Insights: Nasdaq
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Nasdaq's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 31.08%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Nasdaq's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 16.09%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.79%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Nasdaq's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.01%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Nasdaq's debt-to-equity ratio stands notably higher than the industry average, reaching 0.93. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst Ratings: Simplified
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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