
Nasdaq, Inc.
NDAQNASDAQFinancial ServicesFinancial - Data & Stock Exchanges
Previous close
$98.22
+$0.67 · +0.69%
NDAQ company overview
Regular session · ET · Market data may be delayed.
GoAI snapshot
AI-powered factor overview
GoAI score
Hold
Wait — insufficient conviction to act
Valuation
67
Undervalued
Momentum
46
Neutral
Sentiment
73
Bullish
Risk resilience
64
Moderate Risk
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Thesis, catalysts, evidence, and risk analysis.
AI-generated, informational only, and not investment advice.
Company profile
Company websiteNasdaq, Inc., a technology powerhouse founded in 1971 and based in New York City, is dedicated to supporting capital markets and various other sectors worldwide. Its Market Technology division specializes in fighting financial crime, offering products like Nasdaq Trade Surveillance, a SaaS solution that assists brokers and market participants in meeting compliance requirements and internal surveillance policies. This segment also provides Nasdaq Automated Investigator, a cloud-deployed anti-money laundering tool, and Verafin, a SaaS provider for anti-financial crime management. Furthermore, this division handles a wide array of assets, including cash equities, equity derivatives, global currencies, interest-bearing securities, commodities, energy resources, and digital currencies. The Investment Intelligence segment is responsible for distributing both historical and live market data, creating and licensing Nasdaq-branded financial indexes and products, and delivering valuable investment insights and workflow solutions. Through its Corporate Platforms, Nasdaq manages operational listing venues and furnishes specialized intelligence for investor relations, alongside comprehensive governance services. The Market Services segment covers a broad spectrum of operations, including the trading and clearing of equity derivatives, cash equities, fixed income, and commodities, in addition to providing trade management services. This division operates numerous exchanges and marketplace facilities that accommodate diverse asset classes such as derivatives, commodities, cash equity, debt, structured products, and exchange-traded products, while also offering crucial broker, clearing, settlement, and central depository functionalities. As of December 31, 2021, The Nasdaq Stock Market proudly listed 4,178 companies, specifically 1,632 on The Nasdaq Global Select Market, 1,169 on The Nasdaq Global Market, and 1,377 on The Nasdaq Capital Market. The company adopted its current name, Nasdaq, Inc., in September 2015, having previously been known as The NASDAQ OMX Group, Inc.
- Industry
- Financial - Data & Stock Exchanges
- Sector
- Financial Services
- Headquarters
- US
- CEO
- Adena T. Friedman
- Listed since
- Jul 1, 2002
- Employees
- 9,630
Market position
Day range
Current $98.22
52-week range
Current $98.22
- Open
- $98.30
- Previous close
- $97.55
- Volume
- 3.93M
- 1.06× average
- Average volume
- 3.72M
- Average daily volume
- Market cap
- 54.9B USD
- Beta
- 0.97
- Market reference 1
- 50-day average
- $90.0254
- +9.10% above average
- 200-day average
- $89.8194
- +9.35% above average
Financials
Financial snapshot
Latest / TTMValuation & yield
- Enterprise value
- 64.55B USD
- P/E (TTM)
- 28.31×
- P/B (TTM)
- 4.62×
- P/S (TTM)
- 6.31×
- EV / EBITDA
- 20.64×
- Earnings yield
- 3.23%
- Free cash flow yield
- 3.59%
- Dividend yield
- 1.14%
Profitability & efficiency
- Gross margin
- 59.35%
- Operating margin
- 31.58%
- Net margin
- 22.60%
- Return on equity
- 14.63%
- Return on assets
- 5.76%
- Return on invested capital
- 8.26%
Financial health
- Debt / equity
- 0.77×
- Current ratio
- 1.01×
- Altman Z-score
- 3.22
- Piotroski F-score
- 8 of 9
Financial statements
Margin trends
Profitability as a percentage of reported revenue.
Income trends
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 8.22B USD | 7.4B USD | 6.06B USD | 6.23B USD | 5.89B USD |
| Cost of goods sold | 4.28B USD | 4.41B USD | 3.52B USD | 3.89B USD | 3.65B USD |
| Gross profit | 3.94B USD | 2.99B USD | 2.55B USD | 2.34B USD | 2.23B USD |
| Selling, general, and administrative | 140M USD | 427M USD | 417M USD | 420M USD | 395M USD |
| Operating expenses | 1.61B USD | 1.19B USD | 968M USD | 775M USD | 791M USD |
| Interest income | 38M USD | 28M USD | 115M USD | 7M USD | 1M USD |
| Interest expense | 88M USD | — | — | — | — |
| Depreciation and amortization | 633M USD | 613M USD | 323M USD | 258M USD | 278M USD |
| Operating income | 2.33B USD | 1.8B USD | 1.58B USD | 1.56B USD | 1.44B USD |
| Net income | 1.79B USD | 1.12B USD | 1.06B USD | 1.13B USD | 1.19B USD |
Company facts updated Aug 24, 2026.
Earnings
- EPS beat rate
- 91%
- 10 beats, 1 miss, 0 met estimates
- Average EPS surprise
- +3.85%
- 11 comparable reports
- Latest EPS result
- 1.07
- Estimate 0.98 · Beat by 8.74%
EPS: actual versus estimate
Recent quarterly results
Revenue: actual versus estimate
Recent quarterly results
Analyst ratings
Third-party consensus; not a GoAI recommendation.
Analyst price target
Average target
$113.4
15.46% upsideRating distribution
36 ratingsRecent analyst actions
NDAQ news
Corporate actions
Annual dividends per share
Cash distributions grouped by calendar year; partial years are marked.
$1.05
2025 complete year+49.3% since 2021
2026 partial: $0.58
$0.7033
2,021
$0.78
2,022
$0.86
2,023
$0.94
2,024
$1.05
2,025
$0.58
2,026*
* Partial calendar year in the available dividend history.
Corporate action history
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
DividendUpcoming | Sep 11, 2026 | $0.31Quarterly | Sep 11, 2026 | Sep 25, 2026 |
Dividend | Jun 12, 2026 | $0.31Quarterly | Jun 12, 2026 | Jun 26, 2026 |
Dividend | Mar 16, 2026 | $0.27Quarterly | Mar 16, 2026 | Mar 30, 2026 |
Dividend | Dec 5, 2025 | $0.27Quarterly | Dec 5, 2025 | Dec 19, 2025 |
Dividend | Sep 12, 2025 | $0.27Quarterly | Sep 12, 2025 | Sep 26, 2025 |
Dividend | Jun 13, 2025 | $0.27Quarterly | Jun 13, 2025 | Jun 27, 2025 |
Ex-dividend Sep 11, 2026
$0.31
Quarterly
Record Sep 11, 2026 · Payment Sep 25, 2026
Ex-dividend Jun 12, 2026
$0.31
Quarterly
Record Jun 12, 2026 · Payment Jun 26, 2026
Ex-dividend Mar 16, 2026
$0.27
Quarterly
Record Mar 16, 2026 · Payment Mar 30, 2026
Ex-dividend Dec 5, 2025
$0.27
Quarterly
Record Dec 5, 2025 · Payment Dec 19, 2025
Ex-dividend Sep 12, 2025
$0.27
Quarterly
Record Sep 12, 2025 · Payment Sep 26, 2025
Ex-dividend Jun 13, 2025
$0.27
Quarterly
Record Jun 13, 2025 · Payment Jun 27, 2025
NDAQ peers
ETFs holding NDAQ
Funds reporting this stock among their holdings, ordered by reported position size.
Vanguard Morningstar Total Stock Market ETFVTI1.53B0.07%2.3T USD0.03%$378.24+0.44%
Vanguard S&P 500 ETFVOO1.1B0.07%1.7T USD0.03%$703.71+0.39%
Vanguard Morningstar Mid-Cap ETFVO1.04B0.46%224.7B USD0.03%$82.97+0.53%
iShares Core S&P 500 ETFIVV587.47M0.07%891.84B USD0.03%$769.31+0.39%
State Street SPDR S&P 500 ETFSPY542.05M0.07%817.87B USD0.09%$765.72+0.41%
Vanguard Morningstar Value ETFVTV456.58M0.18%256.5B USD0.03%$226.4+0.54%
Vanguard Morningstar Mid-Cap Value ETFVOE308.63M0.79%38.6B USD0.05%$208.64+0.35%
State Street Financial Select Sector SPDR ETFXLF300.8M0.54%55.49B USD0.08%$57.48+0.93%
Vanguard Morningstar Total Stock Market ETFVTI- Market value
- 1.53B
- Weight
- 0.07%
- AUM
- 2.3T USD
- Expense ratio
- 0.03%
- Price / 1D
- $378.24+0.44%
Vanguard S&P 500 ETFVOO- Market value
- 1.1B
- Weight
- 0.07%
- AUM
- 1.7T USD
- Expense ratio
- 0.03%
- Price / 1D
- $703.71+0.39%
Vanguard Morningstar Mid-Cap ETFVO- Market value
- 1.04B
- Weight
- 0.46%
- AUM
- 224.7B USD
- Expense ratio
- 0.03%
- Price / 1D
- $82.97+0.53%
iShares Core S&P 500 ETFIVV- Market value
- 587.47M
- Weight
- 0.07%
- AUM
- 891.84B USD
- Expense ratio
- 0.03%
- Price / 1D
- $769.31+0.39%
State Street SPDR S&P 500 ETFSPY- Market value
- 542.05M
- Weight
- 0.07%
- AUM
- 817.87B USD
- Expense ratio
- 0.09%
- Price / 1D
- $765.72+0.41%
Vanguard Morningstar Value ETFVTV- Market value
- 456.58M
- Weight
- 0.18%
- AUM
- 256.5B USD
- Expense ratio
- 0.03%
- Price / 1D
- $226.4+0.54%
Vanguard Morningstar Mid-Cap Value ETFVOE- Market value
- 308.63M
- Weight
- 0.79%
- AUM
- 38.6B USD
- Expense ratio
- 0.05%
- Price / 1D
- $208.64+0.35%
State Street Financial Select Sector SPDR ETFXLF- Market value
- 300.8M
- Weight
- 0.54%
- AUM
- 55.49B USD
- Expense ratio
- 0.08%
- Price / 1D
- $57.48+0.93%
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