Earnings Preview: What to Expect From Nasdaq’s Report

Core Insights - Nasdaq, Inc. (NDAQ) is a diversified financial services and technology company with a market cap of $50.6 billion, operating multiple stock exchanges globally [1] Earnings Expectations - NDAQ is set to report Q3 earnings on October 21, with analysts predicting a profit of $0.82 per share, reflecting a 10.8% increase from $0.74 per share in the same quarter last year [2] - For the current fiscal year, analysts expect an EPS of $3.33, which is an 18.1% increase from $2.82 in fiscal 2024, with further growth anticipated to $3.69 in FY 2026 [3] Stock Performance - NDAQ stock has increased by 22.3% over the past 52 weeks, outperforming the Financial Select Sector SPDR Fund's 17.6% and the S&P 500 Index's 17.2% during the same period [4] - Following the release of Q2 results, NDAQ's stock rose by 5.9%, with net revenues reported at $1.3 billion, a 12.7% year-over-year increase, and non-GAAP net earnings up 23.9% to $492 million [5] Analyst Ratings - Wall Street analysts maintain a "Moderate Buy" rating for NDAQ, with 13 out of 21 analysts recommending "Strong Buy," three suggesting "Moderate Buy," and five advising "Hold" [6] - The mean price target for NDAQ is $103.61, indicating a potential 17.5% upside from the current market price [6]