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An update from Nasdaq ( (NDAQ) ) is now available.
Nasdaq, Inc. reported strong first quarter 2026 results on April 23, 2026, posting net revenue of $1.4 billion, up 14% year over year, with solutions revenue rising 14% and market services net revenue climbing 13%. Annualized recurring revenue reached $3.2 billion, while GAAP diluted EPS increased 33% to $0.91 and non-GAAP diluted EPS rose 22% to $0.96, reflecting broad-based growth across its divisions.
Financial Technology revenue jumped 20% to $517 million and index revenue grew 14% to $220 million, supported by $79 billion of trailing 12‑month net inflows, reinforcing Nasdaq’s positioning in mission-critical fintech and index solutions. Robust cash generation allowed the company to return over $700 million to shareholders in the quarter via dividends and buybacks, update its 2026 non‑GAAP expense guidance, and continue investing in AI-enabled and cloud-based offerings such as Nasdaq Verafin’s financial crime platform, which saw record ACV bookings and expanding client adoption.
The most recent analyst rating on (NDAQ) stock is a Buy with a $109.00 price target. To see the full list of analyst forecasts on Nasdaq stock, see the NDAQ Stock Forecast page.
Spark’s Take on NDAQ Stock
According to Spark, TipRanks’ AI Analyst, NDAQ is a Neutral.
Overall score reflects strong underlying business performance and a constructive earnings-call outlook (revenue/ARR growth, margin strength, cash generation and deleveraging), offset by very weak technicals (deeply oversold, below key moving averages with negative MACD) and a valuation that remains somewhat premium for the near-term headwinds outlined in 2026 guidance.
To see Spark’s full report on NDAQ stock, click here.
More about Nasdaq
Nasdaq, Inc. is a global financial technology and market infrastructure provider best known for operating the Nasdaq stock exchanges and related market services. The company also offers data, index, analytics and capital access platforms, alongside SaaS-based and cloud-enabled financial technology solutions, with a growing focus on risk management, anti-financial crime and AI-driven tools for capital markets participants and banks.
Average Trading Volume: 4,372,192
Technical Sentiment Signal: Buy
Current Market Cap: $49.8B
See more data about NDAQ stock on TipRanks’ Stock Analysis page.