Nasdaq, Inc. (NDAQ)
NASDAQFinancialsFinancial Data & Stock ExchangesSnapshot 2026-07-07
$86.43+2.32%
Close 2026-07-07 · 1-day change
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Track NDAQ free→NASDAQFinancialsFinancial Data & Stock ExchangesSnapshot 2026-07-07
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Track NDAQ free→Nasdaq grows revenue steadily, reaching over $2.13 billion by Q1 2026. Profit margins remain strong near 22.5% or higher. The company returns capital well, with $701 million in dividends and buybacks in Q1 2026. Nasdaq benefits from new listings and market position expansion.
Revenue could decline sharply, with analysts expecting about 17% lower sales next year. Profit margins might compress below 22.5%. Capital returns could slow if cash flow weakens. Competition or market shifts may hurt Nasdaq's growth and listing appeal.
The market price is about 42% above our valuation level and expects a 17% revenue decline next year. Our view sees Nasdaq sustaining growth and margin targets, which contrasts with the negative revenue outlook priced in.
Breaks if: Capital returned falls below $500 million in any quarter after Q1 2026
Nasdaq is committed to returning capital to shareholders through dividends and share repurchases.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Stated in 2 of last 2 quarters. Nasdaq returned $153M in dividends and $548M in repurchases in 2026-Q1, consistent with its capital return strategy. The trajectory shows delivering on shareholder returns through consistent capital allocation.
“In the first quarter of 2026, the company returned $153 million to shareholders through dividends and $548 million through repurchases.”
“Nasdaq returned over $700 million to shareholders in the quarter, including nearly $550 million of share repurchases.”
Breaks if: Significant loss of key listings or market share declines materially
Nasdaq is focused on executing its strategic priorities to expand, evolve, and transform its business.
Stated in 2 of last 2 quarters. Revenue grew from $2.032B in 2024-Q4 to $2.137B in 2026-Q1, indicating progress in executing the strategy. The trajectory shows delivering growth aligned with strategic priorities.
“CEO: 'As we execute against our strategic priorities of Expand, Evolve, and Transform...'”
“CEO: 'Our Expand, Evolve, and Transform strategy continues to guide our growth.'”
Breaks if: Profit margin falls below 22.5% in FY26
Breaks if: Revenue falls below $2.03 billion in any quarter after Q1 2026
Nasdaq is focused on executing its strategic priorities to expand, evolve, and transform its business.
Stated in 2 of last 2 quarters. Revenue grew from $2.032B in 2024-Q4 to $2.137B in 2026-Q1, indicating progress in executing the strategy. The trajectory shows delivering growth aligned with strategic priorities.
“CEO: 'As we execute against our strategic priorities of Expand, Evolve, and Transform...'”
“CEO: 'Our Expand, Evolve, and Transform strategy continues to guide our growth.'”