William Blair analyst Jeff Schmitt has maintained their bullish stance on NDAQ stock, giving a Buy rating today.
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Jeff Schmitt has given his Buy rating due to a combination of factors that highlight Nasdaq’s resilient growth across key businesses. Trading activity stayed elevated in March as geopolitical uncertainty drove volatility, supporting double‑digit volume increases in U.S. and European equities and derivatives even against difficult prior‑year comparisons.
At the same time, Nasdaq’s index franchise continues to expand, with strong gains in ETP assets under management and higher index‑linked futures activity, pointing to durable, high‑margin revenue streams. While market share in certain segments ticked slightly lower, overall volume strength and the breadth of growth across geographies and products underpin Schmitt’s constructive view on the stock’s earnings power and justify his Buy recommendation.
Schmitt covers the Financial sector, focusing on stocks such as Tradeweb Markets, Marketaxess Holdings, and Nasdaq. According to TipRanks, Schmitt has an average return of 4.0% and a 50.00% success rate on recommended stocks.
In another report released today, TipRanks – Google also reiterated a Buy rating on the stock with a $99.00 price target.