Analyst Expectations For Nasdaq's Future

Comments
Loading...

In the preceding three months, 14 analysts have released ratings for Nasdaq NDAQ, presenting a wide array of perspectives from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 2 10 2 0 0
Last 30D 0 3 0 0 0
1M Ago 1 4 1 0 0
2M Ago 0 2 0 0 0
3M Ago 1 1 1 0 0

Analysts have set 12-month price targets for Nasdaq, revealing an average target of $90.64, a high estimate of $98.00, and a low estimate of $80.00. Marking an increase of 4.62%, the current average surpasses the previous average price target of $86.64.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A comprehensive examination of how financial experts perceive Nasdaq is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Ashish Sabadra RBC Capital Maintains Outperform $95.00 $95.00
Michael Cho JP Morgan Raises Overweight $95.00 $88.00
Benjamin Budish Barclays Lowers Overweight $95.00 $96.00
Owen Lau Oppenheimer Raises Outperform $89.00 $86.00
Benjamin Budish Barclays Lowers Overweight $96.00 $97.00
Christopher Allen Citigroup Raises Neutral $84.00 $78.00
Patrick O'Shaughnessy Raymond James Raises Outperform $84.00 $83.00
Ashish Sabadra RBC Capital Maintains Outperform $95.00 $95.00
Brian Bedell Deutsche Bank Raises Buy $98.00 $80.00
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

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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Nasdaq compared to the broader market.
  • Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Nasdaq's stock. This comparison reveals trends in analysts' expectations over time.

Capture valuable insights into Nasdaq's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic 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.

Key Indicators: Nasdaq's Financial Health

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Over the 3 months period, Nasdaq showcased positive performance, achieving a revenue growth rate of 31.08% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.

Net Margin: Nasdaq's net margin lags behind industry averages, suggesting 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): Nasdaq's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.79%, the company may encounter challenges in delivering satisfactory returns for shareholders.

Return on Assets (ROA): Nasdaq's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.01%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.93, caution is advised due to increased financial risk.

The Significance of Analyst Ratings Explained

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Overview Rating:
Good
62.5%
Technicals Analysis
100
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!