NasdaqNDAQ
About: Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.
Employees: 9,120
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
102% more first-time investments, than exits
New positions opened: 133 | Existing positions closed: 66
17% more repeat investments, than reductions
Existing positions increased: 319 | Existing positions reduced: 273
7% more capital invested
Capital invested by funds: $34.5B [Q3] → $36.8B (+$2.26B) [Q4]
4% more funds holding
Funds holding: 826 [Q3] → 857 (+31) [Q4]
0.28% less ownership
Funds ownership: 83.02% [Q3] → 82.75% (-0.28%) [Q4]
24% less call options, than puts
Call options by funds: $115M | Put options by funds: $151M
31% less funds holding in top 10
Funds holding in top 10: 13 [Q3] → 9 (-4) [Q4]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
UBS Alex Kramm 63% 1-year accuracy 10 / 16 met price target | 10%upside $89 | Neutral Maintained | 30 Jan 2025 |
RBC Capital Ashish Sabadra 87% 1-year accuracy 47 / 54 met price target | 17%upside $95 | Outperform Reiterated | 30 Jan 2025 |
JP Morgan Michael Cho 75% 1-year accuracy 3 / 4 met price target | 17%upside $95 | Overweight Maintained | 30 Jan 2025 |
Barclays Benjamin Budish 76% 1-year accuracy 95 / 125 met price target | 17%upside $95 | Overweight Maintained | 30 Jan 2025 |
Oppenheimer Owen Lau 72% 1-year accuracy 38 / 53 met price target | 10%upside $89 | Outperform Maintained | 13 Jan 2025 |
Financial journalist opinion
Based on 27 articles about NDAQ published over the past 30 days


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
