JPMorgan Chase & Co. Issues Positive Forecast for Nasdaq (NASDAQ:NDAQ) Stock Price

Posted by George Bondi on Oct 23rd, 2026

Nasdaq (NASDAQ:NDAQ – Get Free Report) had its target price boosted by analysts at JPMorgan Chase & Co. from $120.00 to $122.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 18.29% from the stock’s previous close.

A number of other brokerages also recently weighed in on NDAQ. Raymond James Financial decreased their target price on shares of Nasdaq from $119.00 to $109.00 in a research note on Friday, October 9th. Piper Sandler restated an “overweight” rating and set a $108.00 target price (up from $104.00) on shares of Nasdaq in a research note on Friday, October 2nd. The Goldman Sachs Group lifted their price objective on Nasdaq from $108.00 to $109.00 and gave the stock a “buy” rating in a report on Friday, October 2nd. Rothschild & Co Redburn reduced their target price on shares of Nasdaq from $110.00 to $107.00 and set a “buy” rating for the company in a report on Thursday, September 10th. Finally, TD Cowen decreased their price objective on Nasdaq from $108.00 to $107.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $112.06.

Get Our Latest Research Report on NDAQ

Nasdaq Trading Down 0.2%

NASDAQ:NDAQ traded down $0.16 during trading hours on Friday, hitting $103.14. The company had a trading volume of 1,157,465 shares, compared to its average volume of 3,774,748. Nasdaq has a 52 week low of $76.55 and a 52 week high of $104.21. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a 50-day moving average price of $94.75 and a 200 day moving average price of $90.97. The company has a market capitalization of $57.65 billion, a PE ratio of 30.09, a price-to-earnings-growth ratio of 1.73 and a beta of 0.99.

Nasdaq (NASDAQ:NDAQ – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Nasdaq had a net margin of 22.60% and a return on equity of 18.38%. The company had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $1.47 billion. During the same period in the prior year, the firm earned $0.88 earnings per share. Nasdaq’s revenue was up 12.6% on a year-over-year basis. On average, equities research analysts predict that Nasdaq will post 4.13 EPS for the current fiscal year.

Insiders Place Their Bets

In other Nasdaq news, EVP Jeremy Skule sold 1,125 shares of the company’s stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $95.00, for a total transaction of $106,875.00. Following the sale, the executive vice president directly owned 96,561 shares in the company, valued at $9,173,295. This represents a 1.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Nelson Griggs sold 11,010 shares of the stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $96.35, for a total value of $1,060,813.50. Following the sale, the insider owned 205,001 shares in the company, valued at $19,751,846.35. The trade was a 5.10% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 26,520 shares of company stock valued at $2,520,957. 0.60% of the stock is currently owned by insiders.

Institutional Trading of Nasdaq

Several institutional investors have recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. lifted its stake in shares of Nasdaq by 41.6% during the 3rd quarter. Washington Trust Advisors Inc. now owns 2,069 shares of the financial services provider’s stock worth $190,000 after acquiring an additional 608 shares during the last quarter. MBL Wealth LLC purchased a new stake in shares of Nasdaq during the third quarter valued at about $383,000. Compass Wealth Management LLC purchased a new position in Nasdaq during the 3rd quarter worth $29,000. Isthmus Partners LLC acquired a new position in Nasdaq during the 3rd quarter valued at approximately $212,000. Finally, Root Financial Partners LLC acquired a new stake in Nasdaq during the 3rd quarter worth about $170,000. Institutional investors own 72.47% of the company’s stock.

Key Stories Impacting Nasdaq

Here are the key news stories impacting Nasdaq this week:

Positive Sentiment: Q3 earnings and revenue beat expectations: Nasdaq reported adjusted EPS of $1.04, ahead of the $1.02 consensus and up from $0.88 a year earlier. Net revenue rose 13% year over year to approximately $1.5 billion, while total reported revenue was $2.39 billion. Nasdaq Q3 Results
Positive Sentiment: Recurring revenue and growth businesses strengthened: Annualized recurring revenue reached a record $3.4 billion, solutions revenue increased 17% to about $1.2 billion, and index revenue jumped 39%. Management also cited double-digit growth in fintech and technology businesses, supporting confidence in future cash flow and margins. NDAQ Q3 Earnings Analysis
Positive Sentiment: Analyst sentiment remains supportive: RBC Capital Markets initiated or reiterated a Buy view after the results, while Wells Fargo raised its price target from $100 to $111 but maintained an Equal Weight rating. The new target implies further upside from the referenced trading level. RBC Capital Markets Rating
Neutral Sentiment: Quarterly dividend declared: Nasdaq maintained a $0.31-per-share quarterly dividend, payable December 18 to shareholders of record December 4. The dividend supports shareholder returns but was not announced as an increase. Nasdaq Dividend Announcement
Negative Sentiment: Insider selling is a modest cautionary signal: EVP Jeremy Skule sold 1,125 shares for approximately $106,875, reducing his ownership by 1.15%. The transaction is small relative to his remaining stake, but broader recent insider activity has been weighted toward selling. SEC Insider Filing

Nasdaq Company Profile

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Nasdaq, Inc is a global financial technology and market infrastructure company best known for operating the Nasdaq Stock Market, one of the world’s largest electronic stock exchanges. The company provides listing services for public companies and operates trading venues for equities, options and other financial products. Its exchange business serves companies, investors and market participants in the United States, as well as through Nasdaq’s Nordic and Baltic market operations.

Beyond its exchange activities, Nasdaq provides market data, analytics, indexes and technology used by exchanges, brokers, banks, asset managers and other financial institutions.