Are Wall Street Analysts Predicting Nasdaq Stock Will Climb or Sink?

Company Overview - Nasdaq, Inc. is a global financial technology and exchange operator, valued at $50.5 billion, known for running the Nasdaq stock market, one of the largest electronic trading platforms worldwide [1] Stock Performance - Over the past year, Nasdaq's shares have underperformed the broader market, gaining only 3.2% compared to the S&P 500 Index's increase of nearly 12.2% [2] - Year-to-date, Nasdaq stock is down 12%, while the S&P 500 has experienced a marginal dip [2] Competitive Position - Nasdaq has outperformed the State Street SPDR S&P Capital Markets ETF, which gained about 1.2% over the past year, while Nasdaq's performance has lagged behind the ETF's 12% year-to-date increase [3] Financial Performance - In Q4 2025, Nasdaq reported a 13% increase in net revenue to $1.4 billion, driven by a 14% growth in Financial Technology and a 23% surge in Index revenue [5] - Annual Recurring Revenue (ARR) reached $3.1 billion, up 10%, with SaaS revenue comprising 38% of total ARR [5] - Non-GAAP EPS increased by 27% year-over-year to $0.96, and shareholder returns were strengthened through $439 million in dividends and share buybacks, alongside a $100 million debt repayment [5] Earnings Expectations - For the current fiscal year ending in December, analysts project an 8.9% growth in EPS to $3.79 on a diluted basis [6] - Nasdaq has a strong earnings surprise history, beating consensus estimates in the last four quarters [6] - Among 18 analysts covering Nasdaq stock, the consensus rating is a "Moderate Buy," with 11 "Strong Buy" ratings, three "Moderate Buys," and four "Holds" [6]