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Added to YB: 2026-02-03

Pitch date: 2026-01-30

NDAQ [neutral]

Nasdaq, Inc.

-16.23%

current return

Author Info

The Diversified Fins Analyst is a former sellside & buyside equities analyst focused on diversified financials (exchanges, online brokers, trading companies, etc.). Sign up for the newsletter.

Company Info

Nasdaq, Inc. operates as a technology company that serves capital markets and other industries in the United States and internationally.

Market Cap

$45.6B

Pitch Price

$97.18

Price Target

N/A

Dividend

1.35%

EV/EBITDA

16.40

P/E

25.97

EV/Sales

6.60

Sector

Capital Markets

Category

growth

Show full summary:
Nasdaq, Inc. (NDAQ) 4Q25 Earnings Review

NDAQ (earnings): Q4 revenue $1.39B (+13% YoY) beat est. by 1%, EPS $0.96 (+27% YoY) beat by 4%. Solutions revenue organic growth 12% (above 8-11% medium-term outlook). Capital Access Platforms +12% organic growth vs 5-8% target. $160M expense synergies actioned from Adenza deal. 2026 expense guidance $2.46B-$2.54B. Strong ARR growth, IPO pipeline improving.

Read full article (5 min)