Nasdaq (NASDAQ:NDAQ) Price Target Lowered to $112.00 at Morgan Stanley

Posted by George Bondi on Jul 11th, 2026

Nasdaq (NASDAQ:NDAQ – Free Report) had its price objective reduced by Morgan Stanley from $116.00 to $112.00 in a research note published on Friday, Marketbeat reports. They currently have an overweight rating on the financial services provider’s stock.

NDAQ has been the subject of a number of other reports. Keefe, Bruyette & Woods raised their price objective on shares of Nasdaq from $92.00 to $97.00 and gave the stock a “market perform” rating in a report on Friday, April 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Nasdaq in a research note on Wednesday, April 22nd. TD Cowen cut their price target on shares of Nasdaq from $104.00 to $98.00 and set a “buy” rating for the company in a research note on Monday, June 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $113.00 price objective (up from $111.00) on shares of Nasdaq in a report on Thursday. Finally, Wall Street Zen upgraded Nasdaq from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nasdaq presently has an average rating of “Buy” and a consensus price target of $106.92.

Read Our Latest Stock Analysis on NDAQ

Nasdaq Stock Performance

NDAQ traded up $0.56 on Friday, hitting $88.08. The company had a trading volume of 2,620,120 shares, compared to its average volume of 4,808,497. The company’s fifty day moving average price is $87.20 and its 200 day moving average price is $89.01. Nasdaq has a 1-year low of $76.55 and a 1-year high of $101.79. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market cap of $49.81 billion, a price-to-earnings ratio of 26.53, a price-to-earnings-growth ratio of 1.74 and a beta of 0.99.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The financial services provider reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.03. Nasdaq had a return on equity of 17.51% and a net margin of 23.15%.The business had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the previous year, the firm earned $0.79 EPS. The firm’s revenue was up 13.7% compared to the same quarter last year. Equities analysts predict that Nasdaq will post 3.89 earnings per share for the current fiscal year.

Nasdaq Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a $0.31 dividend. The ex-dividend date was Friday, June 12th. This is a positive change from Nasdaq’s previous quarterly dividend of $0.27. This represents a $1.24 dividend on an annualized basis and a yield of 1.4%. Nasdaq’s dividend payout ratio is 37.35%.

Insider Buying and Selling at Nasdaq

In related news, SVP Michelle Lynn Daly sold 1,323 shares of Nasdaq stock in a transaction on Friday, April 24th. The stock was sold at an average price of $88.82, for a total transaction of $117,508.86. Following the completion of the sale, the senior vice president directly owned 10,089 shares of the company’s stock, valued at $896,104.98. The trade was a 11.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Bradley J. Peterson sold 7,710 shares of the business’s stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $90.82, for a total value of $700,222.20. Following the transaction, the executive vice president owned 141,035 shares of the company’s stock, valued at $12,808,798.70. The trade was a 5.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 24,551 shares of company stock valued at $2,225,990. 0.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Nasdaq

Large investors have recently bought and sold shares of the company. Legal & General Group Plc increased its stake in Nasdaq by 1.6% in the 4th quarter. Legal & General Group Plc now owns 2,855,235 shares of the financial services provider’s stock valued at $277,329,000 after buying an additional 45,783 shares during the last quarter. M&T Bank Corp boosted its position in Nasdaq by 27.5% during the fourth quarter. M&T Bank Corp now owns 61,076 shares of the financial services provider’s stock valued at $5,933,000 after purchasing an additional 13,160 shares during the last quarter. AlphaCore Capital LLC bought a new position in Nasdaq in the fourth quarter valued at approximately $1,245,000. Advisors Preferred LLC bought a new position in Nasdaq in the fourth quarter valued at approximately $4,872,000. Finally, MKP Capital Management L.L.C. acquired a new position in shares of Nasdaq during the 4th quarter worth approximately $33,996,000. Institutional investors own 72.47% of the company’s stock.

Nasdaq Company Profile

(Get Free Report)

Nasdaq, Inc is a global financial technology company that operates one of the world’s leading electronic securities exchanges and provides a broad array of products and services to capital markets participants. Its core activities include operating the Nasdaq Stock Market and other trading venues, developing and supplying market technology and matching engines to exchanges and trading firms, licensing market data and indices, and offering clearing, trade execution and post-trade solutions. The company also provides market surveillance, risk management and regulatory technology used by exchanges and regulators.

Founded in 1971 by the National Association of Securities Dealers (NASD) as the first electronic stock market, Nasdaq has evolved into a diversified marketplace and technology provider.