Nasdaq, Inc. (NDAQ)
NASDAQFinancialsFinancial - Data & Stock ExchangesSnapshot 2026-09-14
NASDAQFinancialsFinancial - Data & Stock ExchangesSnapshot 2026-09-14
Research Workspace
Put NDAQ beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Financials is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Recent financial performance slipped notably this past month, though still top-half.
View ThesisRevenue growth is slowing — up about 8% over the past year and decelerating.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look high — what the market is pricing in runs ahead of what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskNasdaq's growth in financial technology must continue to justify its price. The company recently beat earnings expectations with a 15% revenue increase. It trades at 24× P/E, while the peer median is 12×. This suggests the market expects more growth than we forecast. If Nasdaq cuts guidance on the next call, it could hurt the stock. The thesis is on watch due to recent performance slipping. Peer multiples imply a price about 33% below where it trades. This read is provisional.
Trailing returns as of 2026-09-15. NDAQ is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 17 analysts currently covering NDAQ (as of Sep 2026).
Based on 4 Wall Street analysts offering 12-month price targets for NDAQ in the last 4 months.
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Compare NDAQ with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| NDAQ Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 13 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Financial Exchanges & Data — fair value, gap to price, and forward P/E.
Compare the value case
Put NDAQ next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive broad-based growth across Financial Technology and Solutions
Growth initiatives align with management's focus on Financial Technology.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-15. EPS is implied from price ÷ P/E. Not investment advice.
Current $89.23
The last 12 months of price, then the range of analyst 12-month targets from today’s $89.23.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Above average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.

Advances: Drive broad-based growth across Financial Technology and Solutions
Strategic investment aligns with growth in Financial Technology.

Advances: Advance market modernization and innovation initiatives
Acquisition enhances product offerings and innovation capabilities.

Advances: Advance market modernization and innovation initiatives
Acquisition enhances innovation initiatives in financial technology.

Advances: Drive broad-based growth across Financial Technology and Solutions
Indicates growth in Financial Technology and Solutions.

Advances: Advance market modernization and innovation initiatives
The deal enhances innovation and market role, aligning with objectives.

Advances: Advance market modernization and innovation initiatives
Acquisition aligns with market modernization and innovation initiatives.

Advances: Advance market modernization and innovation initiatives
Acquisition aligns with market modernization and innovation initiatives.
