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Added to YB: 2026-05-01

Pitch date: 2026-04-29

NDAQ [neutral]

Nasdaq, Inc.

+1.41%

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

$51.6B

Pitch Price

$90.63

Price Target

N/A

Dividend

1.36%

EV/EBITDA

17.69

P/E

27.50

EV/Sales

11.18

Sector

Capital Markets

Category

growth

Show full summary:
Nasdaq, Inc. (NDAQ) 1Q26 Earnings Review

NDAQ (earnings): Q1 rev $1,407M (+14% YoY, +2% vs est), adj EPS $0.96 (+22% YoY, +3% vs est). Op margin 56.8% (+170bps YoY). Fintech ARR $1,822M (+18% YoY), Cap Access ARR $1,366M (+9% YoY). Strong across Data/Listings, Cap Mkts Tech; Index slowed on micro contract mix. ETP AUM $836B (+34% YoY). Raised expense guide. ASR $548M + $153M div = 111% FCF return. 23/5 trading launch Dec 6, 2026.

Read full article (8 min)