Nasdaq (NDAQ) Stock Forecast & Price Target

$72.12

-0.80 (-1.10%)

(As of 10/4/2024 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

Moderate Buy

Based on 16 Analyst Ratings

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

$74.40
3.16% Upside

According to the 16 analysts' twelve-month price targets for Nasdaq, the average price target is $74.40. The highest price target for NDAQ is $88.00, while the lowest price target for NDAQ is $60.00. The average price target represents a forecasted upside of 3.16% from the current price of $72.12.

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NDAQ Analyst Ratings Over Time

Type	Current Forecast 10/6/23 to 10/5/24	1 Month Ago 9/6/23 to 9/5/24	3 Months Ago 7/8/23 to 7/7/24	1 Year Ago 10/6/22 to 10/6/23
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)	10 Buy rating(s)	9 Buy rating(s)	5 Buy rating(s)
Hold	5 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)	6 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$74.40	$71.69	$67.00	$61.50
Forecasted Upside	3.16% Upside	-2.33% Downside	10.96% Upside	23.97% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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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.

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.

Nasdaq Stock vs. The Competition

Type	Nasdaq	Finance Companies	S&P 500
Consensus Rating Score	2.69	2.47	2.50
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	3.16% Upside	14.87% Upside	6.98% Upside
News Sentiment Rating	Positive News See Recent NDAQ News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/3/2024	Bank of America 4 of 5 stars		Lower Target	Buy ➝ Buy	$90.00 ➝ $88.00	+20.95%
10/3/2024	The Goldman Sachs Group 2 of 5 stars		Boost Target	Buy ➝ Buy	$77.00 ➝ $83.00	+14.00%
9/27/2024	Royal Bank of Canada 4 of 5 stars	A. Sabadra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$88.00	+21.28%
9/26/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Katz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$83.00	+13.64%
9/9/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$78.00 ➝ $80.00	+11.19%
8/15/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold ➝ Hold	$66.00 ➝ $72.00	+3.61%
Get the Latest News and Ratings for NDAQ and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Nasdaq and its competitors with MarketBeat's FREE daily newsletter.
7/26/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$74.00 ➝ $77.00	+15.53%
7/26/2024	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$76.00 ➝ $78.00	+15.97%
5/14/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Heal Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$64.00 ➝ $66.00	+9.49%
5/8/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Bond Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$76.00 ➝ $64.00	+5.09%
4/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$59.00 ➝ $80.00	+28.74%
4/3/2024	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
2/1/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$70.00 ➝ $71.00	+24.47%
1/24/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$56.00 ➝ $60.00	+2.46%
1/12/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$56.00 ➝ $63.00	+11.15%
10/19/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$62.00 ➝ $63.00	+21.65%
1/30/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral	$59.00 ➝ $57.00	-4.65%
11/14/2022	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Nicholas Watts Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:17 AM 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, September 30, 2024. Please send any questions or comments about these Nasdaq pros and cons to contact@marketbeat.com.

Nasdaq
Bull Case

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

Nasdaq, Inc. reported strong earnings results, beating the consensus estimate by $0.05 per share, indicating a positive financial performance.
The company has a healthy return on equity of 15.45%, showcasing efficient utilization of shareholder funds to generate profits.
Nasdaq, Inc. has a dividend payout ratio of 50.53%, offering investors a steady income stream through dividends.
The stock price of Nasdaq, Inc. has been stable, with a one-year high of $74.68, providing potential for capital appreciation.
Nasdaq, Inc. operates in three segments, including Capital Access Platforms and Financial Technology, diversifying its revenue streams and reducing business risk.

Nasdaq
Bear Case

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

Despite positive earnings, the company's PE ratio of 38.93 may indicate the stock is currently overvalued, potentially limiting future upside.
The debt-to-equity ratio of 0.85 suggests Nasdaq, Inc. has a significant level of debt, which could increase financial risk during economic downturns.
The company's beta of 0.95 indicates that the stock's price is less volatile compared to the market, potentially limiting short-term trading opportunities for investors.
Nasdaq, Inc. has a P/E/G ratio of 2.97, which may suggest that the stock is relatively expensive compared to its earnings growth potential.
Insiders own 0.70% of the company's stock, which could raise concerns about alignment of interests between management and shareholders.

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 $74.40, with a high forecast of $88.00 and a low forecast of $60.00.
: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nasdaq in the last twelve months. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NDAQ shares.
: According to analysts, Nasdaq's stock has a predicted upside of 3.16% based on their 12-month stock forecasts.
: Over the previous 90 days, Nasdaq's stock had 1 upgrade by analysts.
: Nasdaq has been rated by research analysts at Bank of America, Barclays, Deutsche Bank Aktiengesellschaft, Keefe, Bruyette & Woods, Oppenheimer, Royal Bank of Canada, TD Cowen, and The Goldman Sachs Group in the past 90 days.
: 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.