Nasdaq (NASDAQ:NDAQ) Stock Picked Up by Analysts at Wells Fargo & Company

Posted by Geri Gentry on Oct 3rd, 2026

Equities research analysts at Wells Fargo & Company began coverage on shares of Nasdaq (NASDAQ:NDAQ – Get Free Report) in a research report issued to clients and investors on Friday, MarketBeat reports. The firm set an “equal weight” rating and a $100.00 price target on the financial services provider’s stock. Wells Fargo & Company‘s price objective points to a potential upside of 10.71% from the company’s previous close.

NDAQ has been the topic of a number of other reports. Morgan Stanley reissued an “overweight” rating and set a $120.00 target price on shares of Nasdaq in a report on Friday, July 24th. Barclays restated an “overweight” rating and set a $111.00 price objective (up from $108.00) on shares of Nasdaq in a report on Friday, July 24th. Rothschild & Co Redburn set a $110.00 price objective on Nasdaq in a report on Thursday, June 11th. Raymond James Financial reissued an “outperform” rating and set a $113.00 target price (up from $111.00) on shares of Nasdaq in a report on Thursday, July 9th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Nasdaq in a research note on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $109.25.

Read Our Latest Research Report on Nasdaq

Nasdaq Trading Down 1.5%

Shares of Nasdaq stock opened at $90.33 on Friday. Nasdaq has a 12-month low of $76.55 and a 12-month high of $101.79. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.71. The business’s 50 day moving average is $95.02 and its 200-day moving average is $90.06. The stock has a market cap of $50.49 billion, a P/E ratio of 26.34, a P/E/G ratio of 1.60 and a beta of 0.99.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.09. Nasdaq had a net margin of 22.60% and a return on equity of 18.38%. The firm had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same quarter last year, the company posted $0.85 earnings per share. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. Equities research analysts predict that Nasdaq will post 4.15 earnings per share for the current fiscal year.

Insider Transactions at Nasdaq

In related news, insider Nelson Griggs sold 11,010 shares of the stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $96.35, for a total value of $1,060,813.50. Following the transaction, the insider directly owned 205,001 shares in the company, valued at $19,751,846.35. This trade represents a 5.10% decrease in their position. 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 13,000 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $92.61, for a total transaction of $1,203,930.00. Following the completion of the transaction, the executive vice president directly owned 128,293 shares in the company, valued at $11,881,214.73. This trade represents a 9.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,047 shares of company stock valued at $4,139,191 over the last ninety days. 0.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Nasdaq

Hedge funds have recently added to or reduced their stakes in the stock. Quantum Portfolio Management LLC increased its position in shares of Nasdaq by 1.8% in the first quarter. Quantum Portfolio Management LLC now owns 7,144 shares of the financial services provider’s stock valued at $606,000 after acquiring an additional 123 shares during the period. Arkadios Wealth Advisors grew its position in shares of Nasdaq by 2.5% in the 1st quarter. Arkadios Wealth Advisors now owns 5,643 shares of the financial services provider’s stock worth $479,000 after buying an additional 137 shares during the last quarter. AlphaCentric Advisors LLC increased its stake in shares of Nasdaq by 5.9% during the first quarter. AlphaCentric Advisors LLC now owns 2,603 shares of the financial services provider’s stock valued at $221,000 after buying an additional 145 shares during the period. Brown Lisle Cummings Inc. lifted its stake in Nasdaq by 1.7% in the second quarter. Brown Lisle Cummings Inc. now owns 8,815 shares of the financial services provider’s stock worth $695,000 after acquiring an additional 151 shares during the period. Finally, OneAscent Family Office LLC increased its position in Nasdaq by 5.1% during the 4th quarter. OneAscent Family Office LLC now owns 3,153 shares of the financial services provider’s stock valued at $306,000 after purchasing an additional 153 shares during the period. Institutional investors and hedge funds own 72.47% of the company’s stock.

Nasdaq Company Profile

(Get Free Report)

Nasdaq, Inc is a global financial technology, market infrastructure and exchange company headquartered in New York City. The company operates Nasdaq stock exchanges in the United States and provides trading, clearing, settlement, listing and market data services. Through its Nordic and Baltic operations, Nasdaq also serves financial markets across Northern Europe.

Nasdaq’s business includes exchange and market services, index development, investment intelligence, and technology solutions for exchanges, brokers, banks, asset managers and other financial institutions.