What Analysts Are Saying About Nasdaq Stock

Throughout the last three months, 6 analysts have evaluated Nasdaq NDAQ, offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

The 12-month price targets, analyzed by analysts, offer insights with an average target of $64.33, a high estimate of $82.00, and a low estimate of $55.00. Observing a 12.21% increase, the current average has risen from the previous average price target of $57.33.

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of Nasdaq by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Nasdaq. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Nasdaq compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Nasdaq's stock. This analysis reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Nasdaq's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Nasdaq analyst ratings.

Unveiling the Story Behind Nasdaq

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 Milestones: Nasdaq's Journey

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Revenue Challenges: Nasdaq's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -6.81%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: Nasdaq's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 20.26%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Nasdaq's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 4.63%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Nasdaq's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 1.18%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Nasdaq's debt-to-equity ratio surpasses industry norms, standing at 1.56. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

Analyst Ratings: What Are They?

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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