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Nasdaq, Inc. (NDAQ)

Financial Services BalancedS&P 500

Nasdaq is the powerhouse behind the famous stock exchange, providing the technology and data that keep global financial markets running smoothly.

$91.19

Is Nasdaq, Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong brand recognition as a global financial hub. Worth weighing: High price-to-sales ratio suggests the stock is not cheap.

No rating · no target price · nothing for sale here
Price+34.1%
= past earnings-report date
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-1% past year
$91.19
Low $76.55High $101.79
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Price to earnings
23.6now
23.429.8

Share price divided by the earnings actually reported over the four most recent quarters. The range is the same calculation at each of this company's last few results, so roughly the past year.

Net profit margin
20.0%now
20.0%24.4%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Nasdaq, Inc. do?

While most people know Nasdaq as the home for big tech stocks, it actually makes most of its money by selling software, data, and analytics to other financial firms. It acts like the 'plumbing' of the stock market, charging fees for trading, listing companies, and providing the tech that banks use to fight financial crime. How smoothly they absorb recent big acquisitions, like the software firm Adenza, will decide whether they keep growing beyond just being a stock exchange.

On our factor screen it looks strongest on quality and momentum, and weakest on value.

Quick checks
What's strong
  • Quality screens high
What to watch

Does Nasdaq, Inc. pay a dividend?

Yes - Nasdaq, Inc. currently pays a dividend of about 1.2% a year, which is £12 a year for every £1,000 invested (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it. An ISA doesn't shelter the US tax on this one →

What do the numbers say about Nasdaq, Inc.'s dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield1.2%£12 a year for every £1,000 invested. The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio33%about 33 in every 100 pounds of profit. The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover3.1×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

Most recent ex-dividend date: 12 Jun 2026. To receive a dividend you must already own the shares before the ex-dividend date; become a holder on or after it and the previous owner keeps that payment. Why the price usually falls that morning →

What do Nasdaq, Inc.'s numbers mean?

P/E
27.70
This shows how much you are paying for every pound of the company's profit; a higher number suggests investors expect more growth in the future.
Higher than most of the 131 Financial Services shares we cover
Net margin
35.0%
This tells us that for every pound of revenue, the company keeps over 35 pence as actual profit, which is a sign of a very efficient business.
Higher than most of the 141 Financial Services shares we cover
Dividend yield
1.2%
This is the annual cash payout to shareholders as a percentage of the share price, acting as a small 'thank you' for holding the stock.
Around the middle of the 141 Financial Services shares we cover
Revenue growth
14.9%
This measures how much the company's total sales have increased over the last year, showing the business is expanding its reach.
Around the middle of the 132 Financial Services shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Nasdaq, Inc.
$1,341+34%

Over about 2 years to 2026-09-11. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Nasdaq, Inc. actually fallen?

−24%

Over the last 2 years of daily prices, Nasdaq, Inc. fell as much as −24% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-11%
2023-4%
2024+35%
2025+27%
2026 so far-2%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$53.11B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
4.03M
Day range: The lowest and highest price the shares traded at during the latest day.
$90.29 – $92.66
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$76.55 – $101.79
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
27.7
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
1.2%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.97

Does the share price tell you if it's cheap or expensive?

One share costs$91.19
Number of shares582 million
So the whole company is worth$53.11bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns Nasdaq, Inc.?

Big institutions 86%Company insiders 11%Public & smaller investors 3%

About 86% of Nasdaq, Inc., or about 86 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 11%. The rest, roughly 3%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.97
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▼ -1% past week · ▼ -1% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Nasdaq, Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$633.00M$1.27B$1.90B$2.53BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
100.0%
Net margin
35.0%
Return on equity
16.5%

When does Nasdaq, Inc. report earnings, and how did recent quarters go?

Nasdaq, Inc. is next scheduled to report on about 2026-10-22 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

Nasdaq, Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-23$0.98$1.07Beat +9%
2026-04-23$0.93$0.96Beat +3%
2026-01-29$0.92$0.96Beat +5%
2025-10-21$0.85$0.88Beat +4%
2025-07-24$0.81$0.85Beat +5%
2025-04-24$0.77$0.79Beat +2%

Across the last 6 quarters here, Nasdaq, Inc. came in ahead of what analysts expected 6 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Nasdaq, Inc.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+5% to +10%Stronger trading volumes across global markets boost fee income.
Base
-2% to +2%Market activity remains steady with no major surprises.
Bear
-5% to -10%A sudden drop in market volatility reduces trading activity.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

Nasdaq becomes the dominant global provider of financial infrastructure software.

The bear case

Increased competition in financial technology erodes market share.

What are the pros and cons of Nasdaq, Inc.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Strong brand recognition as a global financial hub
  • High profit margins due to software-focused business model
  • Diversified income streams beyond just stock trading fees
The catch3
  • High price-to-sales ratio suggests the stock is not cheap
  • Integration of large acquisitions can be complex and costly
  • Relies heavily on the health of the broader financial markets
Key risks3
  • Regulatory changes could impact how exchanges operate and charge fees
  • Technological disruption from new, agile financial platforms
  • Economic downturns leading to fewer companies choosing to list on the exchange
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A significant decline in the number of companies choosing to list on the Nasdaq exchange
  • Failure to grow the software and data analytics division as planned

Common questions about Nasdaq, Inc.

Does Nasdaq, Inc. pay a dividend?

Yes - Nasdaq, Inc. currently pays a dividend of about 1.2% a year. Dividends are a share of profit paid to holders; the yield moves with the price and payouts can be cut.

When does Nasdaq, Inc. report earnings next?

Nasdaq, Inc. is next scheduled to report results on about 2026-10-22. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.