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Nasdaq (NDAQ) Stock Forecast & Price Target

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$80.97 +0.89 (+1.11%)
(As of 11/21/2024 ET)

Nasdaq - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
11

Based on 16 Wall Street analysts who have issued ratings for Nasdaq in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 16 analysts, 5 have given a hold rating, and 11 have given a buy rating for NDAQ.

Consensus Price Target

$80.87
-0.13% Downside
According to the 16 analysts' twelve-month price targets for Nasdaq, the average price target is $80.87. The highest price target for NDAQ is $93.00, while the lowest price target for NDAQ is $63.00. The average price target represents a forecasted downside of -0.13% from the current price of $80.97.
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NDAQ Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
9 Buy rating(s)
5 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$80.87$79.07$68.54$61.09
Forecasted Upside-0.13% Downside6.43% Upside-2.58% Downside10.81% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

NDAQ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NDAQ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Nasdaq Stock vs. The Competition

TypeNasdaqFinance CompaniesS&P 500
Consensus Rating Score
2.69
2.49
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside0.12% Upside11.65% Upside8.50% Upside
News Sentiment Rating
Positive News

See Recent NDAQ News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/19/2024Royal Bank of Canada
4 of 5 stars
A. Sabadra
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Reiterated RatingOutperform ➝ Outperform$88.00 ➝ $88.00+10.19%
11/11/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Boost TargetHold ➝ Hold$78.00 ➝ $80.00-0.27%
11/5/2024Argus
2 of 5 stars
K. Heal
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Boost TargetBuy ➝ Buy$76.00 ➝ $82.00+7.71%
10/28/2024TD Cowen
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W. Katz
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Lower TargetHold ➝ Hold$81.00 ➝ $80.00+6.27%
10/25/2024Barclays
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 Boost TargetOverweight ➝ Overweight$84.00 ➝ $87.00+16.98%
10/25/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$84.00 ➝ $86.00+15.54%
10/25/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$92.00 ➝ $93.00+22.95%
10/14/2024Raymond James
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P. O'shaughnessy
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UpgradeMarket Perform ➝ Outperform$82.00+14.49%
10/8/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$73.00 ➝ $79.00+9.77%
10/8/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$73.00 ➝ $80.00+12.88%
10/3/2024Bank of America
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 Lower TargetBuy ➝ Buy$90.00 ➝ $88.00+20.95%
10/3/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$77.00 ➝ $83.00+14.00%
7/26/2024Keefe, Bruyette & Woods
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 Boost TargetOutperform ➝ Outperform$76.00 ➝ $78.00+15.97%
5/8/2024Rosenblatt Securities
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A. Bond
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DowngradeBuy ➝ Neutral$76.00 ➝ $64.00+5.09%
4/3/2024Edward Jones
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 Initiated CoverageBuy
1/12/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$56.00 ➝ $63.00+11.15%
10/19/2023JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$62.00 ➝ $63.00+21.65%
1/30/2023Credit Suisse Group
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 Lower TargetNeutral$59.00 ➝ $57.00-4.65%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:25 PM ET.


Should I Buy Nasdaq Stock? NDAQ Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these Nasdaq pros and cons to contact@marketbeat.com.

Nasdaq
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Nasdaq, Inc.:

  • Nasdaq's recent quarterly earnings report exceeded analysts' expectations, showcasing a strong financial performance with a positive EPS surprise of $0.05.
  • The company's revenue for the quarter was up by 25.3% compared to the same period last year, indicating significant growth in its top line.
  • Nasdaq has a diverse range of institutional investors, including Park Avenue Securities LLC and Czech National Bank, which reflects confidence in the company's future prospects.
  • The stock's 52-week high of $74.88 suggests potential for capital appreciation, providing an opportunity for investors to benefit from price appreciation.
  • Nasdaq's dividend payout ratio of 50.53% indicates a stable dividend policy, offering investors a source of regular income along with potential capital gains.

Nasdaq
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Nasdaq, Inc. for these reasons:

  • Despite the positive earnings report, Nasdaq's stock had a trading volume below its average volume, which may indicate lower investor interest or potential volatility in the stock.
  • The company's quick ratio and current ratio of 0.94 each suggest a relatively lower liquidity position, which could pose challenges in meeting short-term obligations.
  • Nasdaq's debt-to-equity ratio of 0.85 indicates a moderate level of leverage, which may increase financial risk and impact the company's ability to pursue growth opportunities.
  • The P/E ratio of 38.34 and P/E/G ratio of 3.04 may signal that the stock is currently trading at a premium valuation, potentially limiting immediate upside for investors.
  • With major insider transactions, such as the sale of 42,804,207 shares by a major shareholder, there could be concerns about insider sentiment or future company performance.

NDAQ Forecast - Frequently Asked Questions

According to the research reports of 16 Wall Street equities research analysts, the average twelve-month stock price forecast for Nasdaq is $80.87, with a high forecast of $93.00 and a low forecast of $63.00.

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nasdaq in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" NDAQ shares.

According to analysts, Nasdaq's stock has a predicted downside of -0.13% based on their 12-month stock forecasts.

Over the previous 90 days, Nasdaq's stock had 2 upgrades by analysts.

Analysts like Nasdaq more than other "finance" companies. The consensus rating for Nasdaq is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how NDAQ compares to other companies.


This page (NASDAQ:NDAQ) was last updated on 11/21/2024 by MarketBeat.com Staff
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