Stock AnalizNasdaq, Inc. NDAQ
Investment Bankers/Brokers/Service · data as of November 13, 2026
Nasdaq, Inc. (NDAQ) is a financial company listed in the US with a market value of about $60.2B. In the twelve months to September 30, 2026 it had revenue of $9.1B and net income of $2.1B, a net margin of 22.8%.
Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is shareholder returns (4/5); the weakest is value (0/5).
Key numbers: a P/E of 29.6, a price to free cash flow of 26.7, 5-year revenue growth of 8% a year, a 5-year average ROIC of 8%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 58% below the current price.
Score: 2.0 / 5
Checks passed
- Revenue growth above 10% last year
- Profit margin improving
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- Positive free cash flow
- Interest covered more than 5 times
- Pays a dividend
- 20% to 100% of free cash flow returned to shareholders
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.1B | $8.3B | $7.4B | $6.1B | $6.2B | $5.9B | $5.6B | $4.3B | $4.3B | $3.9B | $3.7B |
| Net income | $2.1B | $1.8B | $1.1B | $1.1B | $1.1B | $1.2B | $933M | $774M | $458M | $729M | $106M |
| Free cash flow | $2.3B | $2.0B | $1.7B | $1.5B | $1.6B | $920M | $1.1B | $836M | $917M | $765M | $642M |
| EPS (diluted) | $3.66 | $3.09 | $1.93 | $2.08 | $2.26 | $2.35 | $1.86 | $1.54 | $0.91 | $1.43 | $0.21 |
| Net margin | 22.8% | 21.6% | 15.1% | 17.5% | 18.1% | 20.2% | 16.6% | 18.2% | 10.7% | 18.5% | 2.9% |
| ROIC | — | 8.9% | 6.6% | 5.5% | 9.9% | 8.8% | 7.7% | 8.2% | 8.8% | 8.2% | 7.4% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 16 analysts is $115.38, 6% above the current price; targets range from $87.00 to $135.00; the consensus rating is “Buy”; expected EPS is $4.14 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Nasdaq’s P/E ratio?
About 29.6, based on the last twelve months of diluted earnings per share (forward P/E about 23.7).
Is Nasdaq stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 58% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Nasdaq pay a dividend?
Yes. The dividend yield is about 1.06%, and it has paid dividends for 10 years in our data.
Is Nasdaq a good stock to buy?
We do not give buy or sell advice. Nasdaq scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.