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Nasdaq, Inc. (NDAQ)

Financial Services Balanced

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

$94.19

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. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price+39.9%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+5% past year
$94.19
Low $76.55High $101.79
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Nasdaq, Inc.
$1,399+40%

Over about 2 years to 2026-07-31. 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. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$52.65B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
4.05M
Day range: The lowest and highest price the shares traded at during the latest day.
$93.81 – $95.17
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.
27.5
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.
1.00
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. 1.00
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?▲ +2% past week · ▲ +5% 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.

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 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.

VQGMI
Factor profile

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

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 36Quality: How profitable and financially healthy the company is (higher = stronger). 73Growth: How fast revenue and earnings are growing (higher = faster). 56Momentum: How the share price has been trending recently (higher = stronger recent run). 54Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 57
Quick checks
What's strong
  • Quality screens high (73/100)
  • 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
What to watch
  • 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 do Nasdaq, Inc.'s numbers mean?

P/E
26.6
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 117 Financial Services shares we cover
Net margin
35.3%
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 126 Financial Services shares we cover
Dividend yield
1.3%
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.
Lower than most of the 126 Financial Services shares we cover
Revenue growth
13.7%
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 123 Financial Services shares we cover

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%

Does Nasdaq, Inc. pay a dividend?

Yes - Nasdaq, Inc. currently pays a dividend of about 1.2% a year (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.

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%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%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.

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.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

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 →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Financial Services

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What are the scenarios for Nasdaq, Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$106$94$77today · $94▲ Bull · $101• Base · $94▼ Bear · $87in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
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 and cons of Nasdaq, Inc.?

3bull points
6bear points

How many points the write-up makes each way — 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.

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.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.